Ltimindtree articles
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LTIMindtree former CFO Vinit Teredesai joins Persistent Systems
Persistent Systems on Wednesday announced the appointment of Vinit Teredesai as the chief financial officer (CFO) of the company, effective immediately, the company said in a statement.Teredesai took over from executive director Sunil Sapre, who will be retiring later this year.Previously, Teredesai served as the CFO at larger rival LTIMindtree, India's sixth largest IT services firm. Before that, he worked as the CFO and CIO at yet another smaller peer KPIT Technologies.Teredesai, a qualified...
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LTIMindtree, IBM collaborate to set up GenAI Centre of Excellence for India
IT company LTIMindtree on Tuesday said it has collaborated with American technology company IBM to establish a global, joint Generative AI Center of Excellence (CoE) for India. The centre will focus on building point solutions to accelerate clients' generative AI adoption journeys. According to a company statement, the CoE plans to offer a comprehensive suite of services, combining LTIMindtree's expertise in data and machine learning model customisation and full-stack engineering with IBM...
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LTIMindtree's plan is to grow revenue to $10 billion: CEO Debashis Chatterjee
LTIMindtree, India’s sixth largest IT services firm, aspires to more than double its revenue from $4.3 billion in 2023-24 through organic growth as well as acquisitions over the next six years, said its chief executive Debashis Chatterjee.“We want to grow to $10 billion, that’s the plan, that’s an aspiration we have,” he told ET in an interview after the company announced its results for the March quarter. “It has to be a combination of organic as well as inorganic route We had initially...