L&T Infotech, Mindtree announce merger to create country's fifth-largest IT services provider
By market capitalisation, the combined entity will surpass Tech Mahindra to become the fifth-largest IT services provider. The firm will employ over 80,000 people, including 4,000 sales and support personnel. Currently, TCS ranks first among IT firms with the highest market valuation, followed by Infosys, HCL Tech, Wipro.
AM Naik, Chairman, L&T Group.
Did you Know
Sanjay Jalona has resigned as CEO & MD of LTI.