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L&T's Q2FY22 YoY consolidated net profit down 67%

Conglomerate Larsen & Toubros Q2FY22 consolidated net profit, including exceptional items and discontinued operations, fell by 67 per cent on a year-on-year basis. ....

Nxt Digital Busines ,

L&T's Q2FY22 YoY consolidated net profit down 67%

Conglomerate Larsen & Toubro s Q2FY22 consolidated net profit, including exceptional items and discontinued operations, fell by 67 per cent on a year-on-year basis.The consolidated net profit (attributable to owners) for the period under . ....

Larsen Toubro , Conglomerate Larsen , Nxt Digital Busines ,

Mindtree to acquire NxT Digital Business of L&T | Business Standard News

Mindtree announced that it has signed an agreement to acquire the NxT Digital Business, the cloud based IoT and AI platform for Industry 4.0 of L&T Group.
The transaction comprises of acquisition of NxT Digital Business of L&T. Total consideration of Rs 198 crore including earnouts, subject to adjustments as per the terms of Business Transfer Agreement.
NxT Digital Business was formally established in FY2018-19. It can provide solutions across industries such as Engineering & Construction, Manufacturing, Energy & Utilities and Transportation & Logistics. The NxT Digital Business revenue during FY 2020-21 was Rs 37.59 crore.
Nxt Digital Business belongs to the information technology industry. The acquisition would enable the company to capture opportunities in the IoT and Industry 4.0 market by leveraging NxT Digital Business capabilities to cross sell and create holistic solutions for new prospects as well as for existing clients. ....

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Mindtree to acquire NxT Digital Business of L & T | Business Standard News

Mindtree to acquire NxT Digital Business of L & T | Business Standard News
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Debashis Chatterjee , Clt Group , Larsen Toubro , New Jersey , Nxt Digital Business , Nxt Digital Busines , Chief Executive Officer , Managing Director , டெபாசிஸ் சாட்டர்ஜி , ல்ட் குழு , லார்சன் டப்ரோ , புதியது ஜெர்சி , தலைமை நிர்வாகி அதிகாரி , நிர்வகித்தல் இயக்குனர் ,

Mindtree to acquire L&T's NxT Digital Business for ₹198 cr - The Hindu BusinessLine

Mindtree to acquire L&T’s NxT Digital Business for ₹198 cr
May 20, 2021
Acquisition to enhance Mindtree’s cloud-based IoT & AI capabilities for Industry 4.0
Mindtree, a digital transformation and technology services company, has announced that it has signed an agreement to acquire the NxT Digital Business, the cloud-based IoT and AI platform for Industry 4.0, from L&T Group for ₹198 crore.
The NxT Digital Business was founded as a start-up with broad digital capabilities within L&T. It has played an instrumental role in extensive applications of IoT technology and digitalization of many aspects of L&T’s operations where numerous assets were connected and factories were digitalised to make the company’s operations data driven for objective decision making. ....

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