LTI completed the merger with Mindtree in a $17.7bn deal.

Larsen & Toubro Infotech, a multinational conglomerate company, completed the merger with Mindtree, an information technology services and consulting company, in a $17.7bn deal. “This merger represents our continued commitment to grow the IT services business in line with our strategic vision. The highly complementary businesses of LTI and Mindtree will make this integration a ‘win-win’ proposition for our customers, investors, shareholders, and employees,” A. M. Naik, LTI Chairman.