Wed, Aug 17, 2022
Asked how the global tech budgets will fare in coming quarters given high inflation and macroeconomic worries, Chatterjee said macroeconomic and geopolitical developments are unlikely to turn back or stall business-critical tech modernisation.
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Mon, Apr 18, 2022
Bhasin recommended three buy calls that will be beneficial for investors.
Tue, Mar 30, 2021
Following a transformation in its sales and delivery, Larsen & Toubro Infotech’s (LTI) traction in digital services is increasing, helping it post industry-leading US$ sales growth over FY18-FY21E. A few soft spots however are visible in some of its growth parameters, which are likely to reduce its sales growth lead vs. select peers in FY22E. Also, Equirus believes that Larsen & Toubro Infotech’s Q3 FY21 EBIT margins at 20.6% are at near-peak levels
Wed, Jan 20, 2021
IT firm Larsen & Toubro Infotech (LTI) on Wednesday said its chief financial officer Ashok Kumar Sonthalia has resigned from the company. "...The Board of Directors in its meeting held on January 19, 2021, inter-alia considered the resignation of Mr Ashok Kumar Sonthalia, CFO of the company, on account of personal reasons and accepted the same to be effective from close of business hours of January 25, 2021," a regulatory filing said.
Fri, Dec 11, 2020
Motilal Oswal sees L&T Infotech announcement of independent business units for its Cloud and Data Products as a very interesting development. Given a similar strategy being adopted by large-cap peers like TCS and Infosys, Motilal Oswal views this as a positional play by the company in addition to the growth opportunity. Creating separate teams to focus on the top three hyperscalers, along with Cloud reference models for the sub-industry should help L&T Infotech benefit from a multi-year Cloud migration opportunity.
Fri, Dec 22, 2017
Sensex opened at 33768.47 points. On the BSE, at 1.15 pm 1635 stocks advanced, 946 stocks declined and 166 remained unchanged. In the Nifty index, 35 stocks advanced, 15 declined at 1.15 pm.
Thu, Sep 22, 2016
The public issue got million plus applications third in 2016-17 after Larsen & Toubro Infotech and RBL Bank.
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