L&T Infotech and Mindtree May Merge into $22 Billion Firm
By Madhurima Ghosh – In this era of digital transformation, Indian information technology (IT) services sector is growing immensely. The multinational conglomerate Larsen & Toubro (L&T) sees this as an opportunity to merge its IT services business units — L&T Infotech (LTI) and Mindtree into a $22 billion firm. This will make it the sixth largest IT services…
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