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Many deal wins that were delayed are expected to ramp up in Q1, and revenue will start kicking in, Chatterjee said, adding that the upcoming quarter will be better than Q4.
Wipro's swift leadership change contrasts with LTIMindtree's deliberate CEO succession planning. Nachiket Deshpande's US relocation influences his candidacy. Phil Fersht endorses him for the role amidst Chatterjee's $10B growth goal.
According to CEO Debashis Chatterjee, although LTIMindtree anticipates above average furloughs in Q3, the company remains confident of its robust order inflow to deliver stronger H2 of FY24, and setting a promising stage for FY25.
Larsen and Toubro’s Chief Financial Officer R Shankar Raman says that exits are a way of life in IT, and LTIMindtree's exits are a small number when compared to their total resource pool.
Though there is a bit of a freeze in the banking and financial services space, the company is hopeful that, by Q1, it will be clear. When two organisations merge, two sets of leaders also come together and some exits are normal, says Chatterjee
Mumbai (Maharashtra) [India], April 28 (ANI/BusinessWire India): LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the fourth quarter and full year ended March 31, 2023, as approved by its Board of Directors.
During this five-year engagement, Currys will leverage LTIMindtrees extensive retail business consulting and technology capabilities to deliver the next phase of omnichannel transformation to its consumers and employees.This new partnership builds on LTIMindtrees successful delivery of a connected and highly personalized omnichannel shopping experience for Currys consumers across multiple markets since 2022.
The Indian Institute of Management Kozhikode (IIM Kozhikode), has launched the 12th batch of the Senior Management Programme. According to a recent report from Forbes (2022), executive presence skills came in second among the top 20 leadership traits and accounted for 26% of what it takes to get promoted to leadership positions. This invites the question as to where one should begin to accelerate their career growth not just to reach but thrive in the C-Suite.
Read more about Mindtree to acquire NxT Digital Business of L&T Group for Rs 198 cr on Business Standard. Unit was founded as a startup with broad digital capabilities within L&T. It has played a key role in applications of IoT tech and digitalisation of many of L&T's operations
o $5 million clients grew by 1, total 44 * People: o Trailing 12 months attrition is 12.1 per cent * Q4 deal wins with leading global clients: o Mindtree partnered with one of the leading electronic retailers to realize their omni-channel vision for their users o Mindtree signed a multiyear engagement with a global leader in design and manufacturing of household appliances to transform the online retail experiences of their users o For a Germany-based leader in building materials and construction systems company, Mindtree will be providing digital services and assisting in post-merger technology integration o Mindtree has been chosen as a strategic partner by a leading global travel software and technology company to modernize their passenger reservation platform and accelerate their cloud transformation journey