Why did LTI & Mindtree got merged? Any specific reason or just L&T merged its both IT companies just for sake of competition?

like
Posting as :
works at
You are currently posting as works at

Basically to sit in and win larger deals
And there is no point of operating two different companies having same core businesses.
Thus they can save on the overhead cost of management, internal teams like HRs, admins, people shared associate by atleast 20-30%.

Both of these factors will be the reason of LTIMINDTREE exponential growth in future.

like

Yep

like

Basically when it comes to service based companies. All deal goes to TCS INFOSYS WIPRO HCL as they are big.

By merging into one unit they can have more bigger projects so might be chances they hire more people.

like

Yes correct , L&T merged these both entities to come in race of IT giants in India , to get larger deals.

like

It was a hostile take over. L&T had 66% share in Mindtree if I recollect it right. That's why management was kinda forced for it.

Related Posts

Have to decide between Qualcomm and Schrödinger, Inc.

Both are giving good pay but Schrödinger is giving 8% more base pay.

Do we have someone working at Schrödinger here?

like

Citius tech vs siemens advanta, which company is better for learning and WLB

like

I'm in Boston for the weekend. Best seafood restaurant and best items on their menu?

Also if anyone recently saw shows, which one do you recommend? SIX, Twas the night before, Nutcracker ballet?

Shops that originated from Boston that I should visit? I'm a F 28. Thanks!

likehelpful
likefunny

Best consulting companies for Healthcare related projects ?

Hey Fishes, can some one tell me how much in hand/net salary Infosys pays for Belgium onsite?
Profile- Tech Lead, total 9 yrs of exp

like

What is the average salary of J grade in BNY Mellon

like

What are some good certifications one can do for Management / Business consulting?

like

How hard is it to switch from Audit to consulting? I’m currently based in Europe but plan to go home to the Middle East. I’m in AWM for funds. Thanks alot!

like

Any pretty ladies in Europe? 🙋🏻‍♂️ Preferably 30+

like

I'm receiving an offer this week for a role as an integrations delivery manager. Does anyone have salary insight around a role such as this?
I honestly have no idea what I might be offered, hence my post, because there's too many variances posted online. I have cross experience in my role now, and have been with the company 7 years now. Just a different business unit and position title I'm unfamiliar with

like

I am an SDR looking to transition into sales ops. Any tips/advice, referrals, or postings would be much appreciated.

like

As a divorcee with a kid, i find it extremely hard to find friends who can relate, or even making friends as it seems there’s a stigma attached to you because your relationship didn’t work out.

Hello fishes,

I am looking for onshore opportunities in deloitte only. Currently working in USI and looking for European countries but I want to work in deloitte only. From company internal project its not possible hence checking directly.

Can anyone confirm if it is possible or there will be any problem?

Hello all,

I have 13 yrs of exp. and currently working as Senior Data Scientist. Now I got an offer from Bangalore with 40% hike which requires relocation and my current salary is 25LPA. Currently I am not ready for relocation with small kid and my husband is working in Hyderabad. Is it good idea to resign now and look for Hyderabad open positions in my notice period of 3 months? Or should I wait till I get something in Hyderabad? Is less notice period will help in getting more offers?

like

Which online resource is best for learning about SAP modules say ABAP and other hot SAP skills?
Any blogs that you'd suggest?
SAP

like

What are some red flags to watch out for in a company?

like
like

Hey managers, how do you keep company culture alive when managing a remote team?

like

Additional Posts in LTIMindtree

what LTI - Digital Handshake ?

like

Will LTI - Mindtree merge impact LTI employees in anyway? Could this open gates for better opportunities in LTI? or vice versa? Heard LTI CEO also resigned.
Mindtree

like

Hi All,

I have 3 years of IT industry experience and 2 years of relevant experience into salesforce ecosystem. Need referal on salesforce developer/admin roles. Could you guys help me with the same. Thanks

like

Hi all, my joining in LTI is on October 1st

I am currently in my hometown in punjab

Can somebody help me if i need to go to Bangalore and collect my laptop on the day or joining or can it be shipped to my hometown.

Also since Noida/Delhi is closer to my location,can I go to ncr and collect laptop from there.

P.S. - Bangalore is my base location as per offer letter

How long it'll take to get promoted from P3 to P4 for a leteral entry in LTI?
How much hike is expected for the same?

like

Got offer letter from lti. doj on oct 1st accepted the offer from lti Portal and also submitted required documents after that there is no update from the hr. I tried to reach through mails but no response. Need suggestions what i have to do now

like

Hi fishes,

Please let me know the difference between P4 & M3 band in LTI

like

Get upto 100% of your TDS as Refund in your desired bank account .
Due date for filing (ITR returns) for the AY 2021-2022 which reflects your transactions during April 2020 -March 2021, is on 31/12/2021.
File now to get rid of penalty for delay returns
Here we will e-file your IT returns
▪️▪️▪️▪️▪️▪️▪️▪️
Are you new to ITR filing???.... no Worries join and get our help to clear your queries

📲 8985907244

like

Whats the hike % looks like this year? Can tenure people share their experience!

like

Having my worst of experience here in LTi, no projects updates, no one replies, no work, simply wasting time… how to grab internal projects anyone?

like

Hello Everyone, I got an offer from Mindtree 24lac fixed(Azure Data Engineer)...is it okay to join Mindtree kolkata...how is the project availability and job security? also as LTI Mindtree has been merged will I get an offer from LTIMindtree?Mindtree @LTIMindtree

like

If anyone wants to discuss tax saving techniques then please do reach out to me

We can save upto 2-3 lacks of your tax

Thannks & regards

helpful
like

Anyone from LTI in this group? Lot of queries floating around answered. It would be great if someonce can pitch in and provide their comments

likehelpful

What is the highest salary i can ask LTI skills Azure PAAS and. Net exp :9.3 yrs, offer 30.5 fixed can i ask LTI for 36 ??

like

Hi Fishes,

Is there any SQL Server DBA / Oracle Application Support position in LTI??

like

From last 1 week HR is saying that your offer will be released tomorrow. It's 10 days now that I have submitted all the documents. Does anyone have similar experience

like

Did anyone received offer letter from LTI today?

If I get a Citi Bank project in LTI will I get manyata tech park as a work location ? Larsen & Toubro Infotech

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal