Soota plans to maintain his shareholding in Happiest Minds to not less than 40 per cent, the statement added.
Expressing gratitude, developing a mutual learning mindset, and building a support network are among Ashok Soota's top tips for leaders who feel lonely at the top.
The IT sector doyen's Happiest Health has dished out a magazine, a mobile app and a metaverse platform for users to access health and wellness knowledge and programmes, all in six months of its existence.
When Soota turns 80 in November, Happiest Health will be a rare Indian technology startup with an octogenarian founder. He is basing the startup on his holistic view on health and wellbeing, while drawing inspiration from Berkshire Hathaway Inc.’s Warren Buffett and Charlie Munger -- who are plowing ahead in their nineties.
Rs 100 crore has been earmarked for partners such as St John's, Centre for Brain Research (CBR), IIT-Roorkee, NIMHANS and any others who may be added.
While the US election has not impacted client business decisions so far, the second wave of COVID-19 is something companies need to watch out for.
For the quarter ending June 2020, the company had reported profit of Rs 50.18 crore. On a year-on-year basis, profits grew 27.8 percent.
162 individuals made their debut on the list in 2020, across 31 industries and 50 cities. The average fortune of all 828 individuals on the IIFL Wealth Hurun India Rich List 2020 is Rs 7,300 crore.
In this edition of the Explained Series, find out all about the man behind Happiest Minds, Ashok Soota.
Business has not been affected by the pandemic, and the company’s growth and profitability will ensure the public issue is successful, says the IT sector veteran
The company, in a statement, said it has witnessed all-round growth during the first quarter of FY19.
Three years after launching yet another tech start-up, Ashok Soota seems satisfied with the journey Happiest Minds is on as he carefully strategies for the future
Gagan Maini and Subrat Pani have developed a business in the space of assistance that can help reduce your anxiety if you lose your phone, wallet or essential documents
It's been a year since he left MindTree, but Ashok Soota has reasons to smile thanks to his new venture Happiest Minds. In an excl conversation with CNBC-TV18, Soota lays out the progress he has made in his latest innings as entrepreneur and what he sees for the road ahead.
Ashok Soota, former Co-Founder and Executive Chairman of MindTree, stakes claim to this description by starting his second company, Happiest Minds, at 69. Talking to Shonali Advani, Soota shares the plethora of events that have shaped his story so far.
SMEs need to have a different set of strategies as compared to large companies. Ashok Soota (Exec Chairman, Happiest Minds Technologies) & Phaneesh Murthy (CEO, iGate Patni) share their thoughts of the best strategies that SMEs should follow.
On July 26, 2011 Coffee Day Resorts Pvt Ltd bought 900,000 shares of Mindtree at Rs 438.60 on the NSE.
Ashok Soota, former chairman at MindTree Ltd, on Tuesday sold another cache of 822,676 shares, amounting to a 2.05% stake in the firm, and reduced his stake to 3.54%, the mid-tier IT firm said in a disclosure to the stock exchange.
In an interview with CNBC-TV18, Ashok Soota, former CMD of MindTree confirmed the news of his 5.5% stake sale in the information technology company. While Soota didn't specify the buyers and price of the deal, he said that the sale took place at a decent premium to yesterday's closing.
Former Mindtree chairman Ashok Soota has sold part of his 11% stake in the company through a block deal, reports CNBC-TV18. About 5.49% equity stake of Mindtree has changed hands in a block deal on the National Stock Exchange today.
In an exclusive interview with CNBC-TV18's Vineetha Athrey, MindTree's new chairman Albert Hieronimus said MindTree's clients are happy where they are, and the absence of a non-compete agreement with Soota is not a cause for concern.
Co-founder and ex-executive chairman of technology major MindTree Ashok Soota on Tuesday launched his new venture Happiest Minds Technologies. Soota exited MindTree in what is been seen as an abrupt move.
In an exclusive interview with CNBC-TV18, Soota shares his reasons for the surprising farewell to MindTree. He says the unpredictable move was because of personal reasons and adds, “It was destiny and I was intended to do another start-up.”
Mid-tier IT firm MindTree said on Friday its board has elected a new chairman, after its executive chairman resigned from the company.
MindTree’s board has elected Dr. Albert Hieronimus as the new chairman of the company, following the resignation of Ashok Soota, who was the executive chairman till March 31, the mid-cap IT solutions provider said Friday.