L&T eyes Mindtree to enter IT sector

Mindtree Limited is a multinational information technology and outsourcing company headquartered in Bengaluru, India and New Jersey, USA. Founded in 1999 by former Wipro executive, the company employs approximately 19,908 employees with a annual revenue of $846 million. The company deals in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, enterprise application integration and enterprise resource planning, with more than 339 active clients and […]

Read More L&T eyes Mindtree to enter IT sector

R Com- The End of an Era

From a formidable player nearly 15 years ago, Reliance Communications is a textbook case of how corporations fall with the shift in technologies and competitive landscape. Anil Ambani-controlled RCom has recently informed the stock exchange that it will be filing for the bankruptcy proceedings in the NCLT (National Company Law Tribunal). The decision has come after the telco […]

Read More R Com- The End of an Era

The Crash Of Vakrangee

Vakrangee is a technology-driven company, focusing on creating India’s largest network of last-mile retail point-of-sale, to potentially enable every Indian to seamlessly benefit from financial inclusion, social inclusion, Digital India, Skill development, Employment, Government programmes and wider access to basic goods and services. Has confirmed that the Ministry of Corporate Affairs (MCA) has ordered inspection […]

Read More The Crash Of Vakrangee

Jet Airways: An Update

The reports of Tata Group buying a large stake in the loss-making Jet Airways have set the tongues wagging. The salt-to-software conglomerate is reportedly mulling over buying 26 per cent stake in Jet, and another 26 per cent via open offer at a later point. The stake purchase is expected to make Tata Group the second biggest […]

Read More Jet Airways: An Update

Life After IL&FS

The infrastructure financier IL&FS has caused severe liquidity crunch and anxiety in entire Non Banking Financial Company (NBFC) sector. “The market is worried. We’re trying to quell concerns of our lenders. We need corporates and Mutual Funds to fund our papers,” says the CEO of a mid-sized NBFC. NBFCs that are also holding companies for […]

Read More Life After IL&FS