Earlier its larger peers like Accenture, TCS, Infosys and Capgemini announced that they will cover the vaccination of their employees and immediate families.

The latest exodus, coming in the wake of senior Cognizant hands leaving to head other IT companies, large PE firms and startups over the last two years, underscores the company’s struggle to retain top talent

The latest exodus, coming in the wake of senior Cognizant hands leaving to head other IT companies, large PE firms and startups over the last two years, underscores the company’s struggle to retain top talent

Mindtree’s consolidated profit grew by 16.2 percent to Rs 398.9 crore in the September quarter from Rs 343.4 crore in the previous quarter. Revenue was up 12.8 percent to Rs 2,586.2 crore from Rs 2,291.7 crore in the same period

Mindtree has 265 active clients as of December 31 2021, (up from 263 clients in Q2FY22) after adding 2 clients in $5 million+ band and 3 clients in $10 million+ category during the quarter.

Revenues at Rs 2,897.4 crore for the March quarter represented a growth of 37 percent over the year ago period. On a quarterly basis, they were up 5 percent.

People working at the firms told Moneycontrol that while they have been collaborating on projects, they didn’t think a merger would happen so soon and thought it was at least a year or two away. However, experts pointed out why the merger isn't a risky proposition…

In today’s edition of Moneycontrol Pro Panorama: The rate hike scare, Mindtree’s mojo, China’s macro test, Chart of the Day and much more

"An egoless person, he hired his own boss and started what turned out to be a big centre for Cognizant in Kolkata," former Cognizant vice-chairman and CEO Lakshmi Narayanan said on Debashis Chatterjee.