- The National Company Law Tribunal authorised the merger of L&T Infotech and Mindtree.
- LTIMindtree, the new company that will result from the merger, will rank sixth in terms of revenue and fifth in terms of market capitalization among Indian IT providers.
- LTIMindtree and L&T Technology Services (LTTS), according to L&T Group Chairman AM Naik, will generate $5.6 billion in revenue this year.
