Page 5 - L&t Infotech

Stocks to watch: PSU banks, ACC, DB Corp, L&T Infotech, Wipro, Mindtree

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Review takeover code

IT industry's first hostile bid has created high drama

With major deal wins, L&T Infotech expected to beat peers in the near term

Its premium valuations are, however, expected to sustain

L&T Infotech beats street estimates with 32% YoY profit jump in Q3

PAT was expected to be impacted by almost 10-12 per cent due to translation losses

L&T Infotech OFS subscribed 3 times, sale sees bids for 29.8 million shares

Shares of L&T Infotech on Monday closed at Rs 1,771, down 1.4 per cent

L&T Infotech premium valuations to sustain, strong show leads to rerating

The company has indicated that domain knowledge and micro-vertical focus will help it win large deals

L&T Infotech to buy banking solution provider Syncordis

The company says it will help increase footprint in Europe too

L&T Infotech bags $100-mn govt contract to nab tax evaders

The ambitious initiative to use social media analytics to identify tax non-compliance is a USD 100-million project for the infotech arm of engineering giant Larsen & Toubro, according to a company official. Since the note ban last November, the government has been putting in lots of efforts to plug the loopholes in the taxation system using advanced technology and the attempt got an added focus since the Reserve Bank in June had admitted that as much 99 per cent of the banned banknotes had returned to the system, negating the stated intent of cancelling 87 per cent of the notes in circulation. "That is really advanced analytics. Now, that is like a USD 100-million deal for us. It's not a small deal," LT Infotech chief executive and managing director Sanjay Jalona told PTI. Terming the work awarded by the Central Board of Direct Taxes as a "high volume digital deal", he elaborated that the project involves creating a 'semantic web' where web pages are structured and .

L&T Infotech hits highest level since listing post Q4 results

The stock was up 5% to Rs 746 after the company reported better-than-expected results for Q4FY17

L&T Infotech hits the refresh button, rebrands itself as LTI

With a new name, colour palette and business focus, L&T Infotech looks to break free of its past

L&T Infotech Q3 net profit up 10.5% to Rs 248 crore

Revenue rose to Rs 1,727.6 cr in the quarter from Rs 1,515.9 cr in the Dec quarter of 2015

L&T Infotech bags 5-yr contract from Hartford Steam Boiler

The financial details of the contract were not disclosed

L&T Infotech to buy analytics start-up

4 year old start-up offers Intellectual Property based high-end analytics to enterprises worldwide to derive business benefits from big data

L&T Infotech announces the acquisition of Pune-based start-up AugmentIQ

It will gain access to MAXIQ which is currently servicing one of the world's largest credit bureaus, large banks

L&T Infotech names Sudhir Chaturvedi as President-Sales

L&T Infotech, the IT services & solutions company from L&T, today announced the appointment of Sudhir Chaturvedi as its President - Sales. In this role, Chaturvedi will lead the sales, business development and marketing teams globally.Most recently, he was the COO at NIIT Technologies where he was responsible for worldwide sales and delivery for technology and business services. Before that, Chaturvedi spent more than 13 years at Infosys in a variety of leadership positions including vice president for high-tech & manufacturing in Europe and senior vice president for Banking & Financial Services in the Americas. "We are on a path to build the most client centric company in the industry and Sudhir brings expertise and results-driven approach to enable this transformation," said Sanjay Jalona, CEO & MD, L&T Infotech. "Sudhir has rich understanding of clients across USA and Europe, his experience spans across sales and delivery functions and he has developed ..

L&T Infotech hits lowest level since listing

Post listing, the stock underperformed the market by falling nearly 9% as compared to 1% rise in the Sensex.

L&T Infotech net profit grows 34.9% y-o-y in Q1 FY17

Total income grew 14.8% to Rs 1,593.2, compared with the corresponding period last year

L&T Infotech, GE Digital announce global strategic partnership

The comapnies will collaborate to develop innovative digital-industrial solutions powered by Predix analytics

L&T Infotech makes tepid debut

This is in contrast to its Rs 1,243-crore initial public offering (IPO) performance, which saw the shares being oversubscribed 11 times last week

L&T Infotech lists 6% below issue price. Should you sell?

The initial public offer (IPO) was subscribed 11 times, attracting over one million applications