L&T talks ‘dil & pyaar’, but Mindtree asks it to back off - Times of India

L&T talks ‘dil & pyaar’, but Mindtree asks it to back off - Times of India

  • L&T chief executive and MD S N Subrahmanyan invoked 'dil and pyaar' (heart and love) on Tuesday in an effort to calm the fears of Mindtree’s founders.
  • For the first time since news emerged about L&T’s unsolicited acquisition of the $900-million Bengaluru-based IT services company, Mindtree’s founders came together before the media to describe the move as a grave threat to a “unique” organisation and value-destructive for all shareholders.
  • ” asked Mindtree’s co-founder & executive chairman Krishnakumar Natarajan .


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