Thursday, May 9, 2019

L&T increases stake in Mindtree to 23.9%

L&T said in March that it would make an open offer to buy additional 31% stake in the IT services firm after signing a deal with Mindtree's long-term investor and Cafe Coffee Day promoter V G Siddhartha http://bit.ly/2DVGnE8 https://ift.tt/eA8V8J
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JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (Bloomberg)

Bloomberg : JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, a...