Unlike some of their larger peers, who are anticipating a slower growth rate in 2012-13, many mid-cap information technology(IT) companies are expecting to expand faster than the 11-14 per cent industry growth rate predicted by the National Association of

In 2008, Subroto Bagchi took on the decidedly odd role of ‘gardener’ at IT services firm MindTree where he is one of the co-founders. This doesn’t necessarily mean that he spends his days hunched over Bonsai plants.

MindTree Limited has rallied 7% to Rs 522 in morning deals, on reporting an over two-fold jump in net profit at Rs 68.9 crore for the quarter ended March 31, driven by strong growth in software services.

Mid-sized IT firm MindTree today posted an over two-fold increase in net profit at Rs 68.9 crore for the quarter ended March 31, driven by strong growth in software services.

MindTree, a mid-sized information technology services company, is to focus on corporate governance, leadership grooming and repositioning of its brand, as it prepares for the ‘second phase’ of its journey, 13 years after inception.

It has also appointed Albert Hieronimus as Vice Chairman of the company.

At a time when the Indian IT services majors such as Infosys, Wipro and TCS are strengthening their presence in the Chinese market, mid-tier IT services firm, MindTree, is changing its China strategy.

Bangalore-based, mid-sized IT solution provider, MindTree Limited, is planning to hire 4,000 fresh graduates in the next financial year.

Mid-sized IT solution provider MindTree Ltd has plans to complete its Orissa project by 2017 and the first phase by June 2013, said a top company official during a media interaction ahead of the foundation stone laying ceremony of the company’s city

Coffee Day Group Chairman V G Siddhartha has bought out the residual 3.5 per cent stake held by Ashok Soota in mid-tier software exports company MindTree Limited, Coffee Day said in a statement to the Bombay Stock Exchange on Monday.

Ashok Soota, former chairman of IT firm MindTree, today sold 1.354 million shares of the company worth Rs 64.32 through open market transaction.

A whole host of companies announced their respective December quarter results today. Did you miss any? Get all the details here.

Mindtree has posted a 6% rise in its consolidated net for the third quarter of FY12Q3 at Rs 60.6 crore versus Rs 30.5 crore in the previous quarter.

The company had reported a net profit of Rs 30.5 crore for the same period in the 2010-11 financial year.

Improving financial performance and attractive valuations make it a candidate for re-rating.

Iomega, an EMC company and an innovator in data storage solutions for small and medium businesses (SMBs), today announced the launch of video surveillance storage management solutions in partnership with Tulip Telecom and MindTree.

Mindtree's entry and subsequent exit from the mobile handsets manufacturing business ( via Kyocera buyout), coupled with the exit of co-founder Ashok Soota has pulled down the stock significantly.

MindTree has surged 7% to Rs 415 after reporting 135% year-on-year (y-o-y) jump in net profit to Rs 54.5 crore for the quarter ended September, as compared to Rs 23.20 crore in the same period of the previous fiscal.

IT and product engineering services company MindTree has posted strong financials for the second quarter (Q2) in a row in FY12. In the quarter ended September 30, the company reported a 134.9 per cent jump in its net profit to Rs 54.5 crore as compared to

Seven from 12-member founding team for Happiest Minds are from MindTree; three from Wipro.