Online
|
|
Why its reporting results in Dollars or some times in Rupee?
Posted by :
GuestI am the share holder of this company from the IPO time. But found one very strange thing when it comes to announce the result in the media. Mindtree always gives the revenue growth in currency where its working for them. If dollar weakes then they will resport the revenues or profits in Dollars. But if the dollar becomes strong then company will report the revenue and profits in Rupee compared to its previous quarter. If you have not observed this please find in the nse annuncement. ...so if I get another chance to sell at 625+ I am going to sell the stocks as this is not healty sign....
BSE Announcements on MindTree
Posted by : MMB MessengerMindtree Limited has informed the Exchange regarding a press release dated October 05, 2009, titled "MindTree Enters Mobile Products Business". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on MindTree
Posted by : MMB MessengerMindTree Ltd has informed BSE regarding a Press Release dated October 05, 2009 titled "MindTrees NiMo (Next in Mobility) Business will deliver Ready-to-Brand Mobile Handsets to Service Providers and OEMs"....
MindTree has entered into the business of developing ready-to-brand mobile handset products
Posted by : pms.swastika
MindTree has entered into the business of developing ready-to-brand mobile handset products
MindTree has entered into the business of developing ready-to-brand mobile handset products. This business will offer feature-rich, white-labeled mobile handsets to telecom service providers and Original Equipment Manufacturers.
Regards
Swastika PMS
...
NSE Announcements on MindTree
Posted by : MMB MessengerMindtree Limited has informed the Exchange regarding a press release dated September 30, 2009, titled "MindTree Launches Multi-Channel Commerce Solution Portfolio for Retailers". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on MindTree
Posted by : MMB MessengerMindTree Ltd has informed BSE regarding a Press Release dated September 30, 2009 titled "MindTree Launches Multi-Channel Commerce Solution Portfolio for Retailers"....
MindTree to acquire Kyocera Wireless India
Posted by :
seankdkb
MindTree Ltd., a global IT Solutions Company, today announced that it has signed an agreement with Kyocera Wireless Corp. (KWC) to acquire Kyocera Wireless (India) Pvt. Ltd., its Indian subsidiary. The acquisition is subject to legal and statutory requirements, as well as certain closing conditions.
Established in 2003, Kyocera Wireless (India) Pvt. Ltd. is engaged in wireless product development, software engineering, and product testing for KWC’s global product portfolio, as well as development of custom wireless handsets for Indian service providers. Kyocera Wireless (India), with a people strength of approximately 600, has its development center in Bangalore. It will continue to provide engineering services to San Diego-based KWC and other Kyocera entities on a contract basis after the sale.
Under the agreement, MindTree will make an upfront payment of approximately $6 Million, and further payments linked to revenues in financial years 2010-11 and 2011-12.
MindTree expects this acquisition to contribute approximately $9 Million in revenues for the period October 2009 to March 2010, with Profit After Tax expected to be in the range of 13-15%.
“MindTree has established a global leadership position in technologies such as short-range wireless and multimedia codecs that are integral to wireless communication devices. With the acquisition of Kyocera Wireless (India) Pvt. Ltd. we will be able to further strengthen our leadership position by offering end-to-end design and technology services to wireless Original Equipment Manufacturers and service providers,” said MindTree President and Group-CEO, Product Engineering Services, Janakiraman S. “Kyocera is a global technology leader and this acquisition makes them a major strategic client for MindTree. We are excited about this relationship and look forward to building a long-term association by offering value-based services.”
“We are pleased to enter into this agreement with MindTree,” said Yasuyuki Yamamoto, General Manager of Kyocera Corporation’s Corporate Communication Equipment Group. “This allows Kyocera to improve its cost structure and competitiveness while providing MindTree a strong engineering resource, especially in the field of software for mobile devices.”
“The acquisition of Kyocera Wireless (India) is a significant milestone for MindTree. As part of our Product Engineering Services (PES) business, MindTree offers design and technology services that range from chip to cloud. Wireless technologies form a critical element in this space. The acquisition, and our relationship with Kyocera, will fuel MindTree’s growth in the global PES market,” said MindTree CEO & Managing Director Krishnakumar Natarajan...
BSE Announcements on MindTree
Posted by : MMB MessengerMindTree Ltd has informed BSE regarding a Press Release dated September 29, 2009, titled "MindTree To Acquire Kyocera Wireless India" ...
NSE Announcements on MindTree
Posted by : MMB Messenger
MindTree to Acquire India unit of Kyocera Wireless Corp
Posted by : GuestMindTree Ltd., a global IT Solutions Company, today announced that it has signed an agreement with Kyocera Wireless Corp. (KWC) to acquire Kyocera Wireless (India) Pvt. Ltd., its Indian subsidiary. ...
NSE Announcements on MindTree
Posted by : MMB MessengerMindtree Limited has informed the Exchange regarding the Allotment and uploading of 29,624 Equity Shares of Rs.10/- each fully paid under various Stock Option Plans of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
NSE Announcements on MindTree
Posted by : MMB MessengerMindtree Limited has informed the Exchange that: "Employees have been granted stock options of 1,12,000 Equity Shares of Rs.10/- each under various ESOP programs on September 1st, 2009 as per the price determined by SEBI guidelines"....
NSE Announcements on MindTree
Posted by : MMB MessengerMindtree Limited has informed the Exchange regarding the Allotment and uploading of 29,624 Equity Shares of Rs.10/- each fully paid under various Stock Option Plans of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on MindTree
Posted by : MMB Messenger
MindTree Ltd has informed BSE that the Company has allotted 375 equity shares of Rs. 10/- each fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 1999 Stock Option Plan (Program 1).
Further the Company has informed that, the Company has allotted 3,822 equity shares of Rs. 50/- each fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 2001 Stock Option Plan (Program 2).
Further the Company has informed that, the Company has allotted 1,570 equity shares of Rs. 250/- each fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 2006(a) Stock Option Plan (Program 3).
Further the Company has informed that, the Company has allotted 5,677 equity shares (of which 3,832 are of Rs. 300/- each, 195 are of Rs. 315/- each and 1,650 are of Rs. 350/- each), fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 2006(b) Stock Option Plan (Program 4).
Further the Company has informed that, the Company has allotted 18,180 equity shares of Rs. 424/- each fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 2008 A Stock Option Plan (Program 5)....
NSE Announcements on MindTree
Posted by : MMB MessengerMindtree Limited has informed the Exchange that: "Employees have been granted stock options of 1,12,000 Equity Shares of Rs.10/- each under various ESOP programs on September 1st, 2009 as per the price determined by SEBI guidelines"....
