Rostow Ravanan

One of the sources said Mindtree founders had supported Ravanan's continuation to ensure business continuity but given the developments over the past few weeks, Ravanan will expected to step down from his role in the coming weeks.

After TCS, Mindtree mulls share buyback

Mindtree is exploring options for buyback of shares and a decision will be taken in the next three to six months.

Pricing in check, volume worry may stay for few qtrs: Mindtree

JC Narasimhan, CFO, Mindtree said the challenges on the pricing front have reduced and the company expects stable pricing in the next few quarters. He, however, admitted to having challenges on volume front with some of the customers.

Mindtree evaluating fintech partnerships for digital payments

Mindtree has been at the forefront of digitisation. Nearly 40 percent of company's revenues are classified as revenues coming in from digital. Speaking to CNBC-TV18, MD & CEO Rostow Ravanan said, going digital has been a phenomenal opportunity for the company.

Delays in ramp-ups should get done in one or 2 months: Mindtree

Mindtree has cut its second quarter guidance. Speaking to CNBC-TV18, Rostow Ravanan, MD & CEO, Mindtree said that margins will be lower than planned. However, he did say that the confidence in its clients is strong.

Confident of beating Nasscom revenue guidance for FY17: Mindtree

The global economic slowdown following Brexit has resulted in longer sales cycles in the UK and US businesses of Mindtree, says Managing Director and Chief Executive Officer, Rostow Ravanan.

Despite Q1 setback, Mindtree mgmt aims to outperform industry

In an interview with CNBC-TV18, Mindtree‘s management said that the macro environment has been challenging and Brexit impacted its Europe business a lot.

Deal pipeline robust; see strong growth for FY17: Mindtree

The company, for FY17, would focus more on organic growth and integrating earlier aquisitions, said Rostow Ravanan, CEO & MD, Mindtree.

Mindtree Q4 beats estimates; profit up 3.4%, $ revenue rises 6%

"Rupee revenue in Q4 grew by 9 percent to Rs 1,324.2 crore and dollar revenue increased 6.1 percent to USD 195.6 million compared to preceding quarter," the software company said, adding constant currency revenue growth was 7.1 percent.

Q3 revenue growth highest in 5 years: Mindtree CEO

Newly appointed CEO, Rostow Ravanan expects margin profile to be around 18-20 percent at an earnings before interest, taxes, depreciation and amortization (EBITDA) level going forward. Commenting on the newly acquired entities he said that it will take around five quarters to improve profitability as they have low margins at present.

Mindtree rejigs top management, names Rostow Ravanan as CEO

Effective April 1, the move will see current chief Krishnakumar Natarajan moving on to the role of Executive Chairman with co-founder Subroto Bagchi stepping down from the position. Bagchi will continue on the Board as a non-executive director.

Mindtree Q3 net profit up 7.2%; rejigs management

The Bengaluru-based company's net profit stood at Rs 140.8 crore in the year-ago period. The company has reshuffled its management structure at the top level by elevating its CEO and Managing Director Krishnakumar Natarajan as the Executive Chairman, following the stepping down of co-founder Subroto Bagchi.

Mindtree jumps 5% on order from Swedish medical device co

"Mindtree has been selected by Molnlycke Health Care to enhance business efficiency using the SAP application suite. This will help Molnlycke optimise time to market of its products," said the IT solutions provider in its filing to exchanges.

Medium to long-term growth trajectory unchanged: Mindtree

The company expects delayed projects to restart by April-May.

Cross-currency headwinds may impact $ revenue: Mindtree

Rostow Ravanan of Mindtree says currencies moving all over the chart has become the new normal. He believes there may be a 100-150 bps impact on dollar revenue due to the cross-currency headwinds. However, he expects constant currency operational performance to be stable.

Confident of beating 13-15% industry growth tgt: Mindtree

The midcap company added eight clients in Q2 and has signed deals worth USD 165 million during the same period.

50% net inflows hedged; see fall in Q2 margin QoQ: Mindtree

Rostow Ravanan of Mindtree sees maximum opportunities coming from the US. Sounding extremely confident on the days to come, he says customer confidence is at its highest in the past 15 years.

Mindtree expects to beat FY14 Nasscom growth estimates

Rostow Ravanan, Co-Founder & CFO, Mindtree, says though the third quarter will probably be slightly lower than Q1 and Q2, given the seasonality factor, but it will still see good growth.

No hike in visa costs, INR fall led to strong Q2: Mindtree

According to Krishnakumar Natarajan, the quarter gone by (July-Sep) has been satisfying as the company reported a strong revenue growth for second successive quarter.

Earnings will go up, but operational costs too: MindTree

In an interview to CNBC-TV18, Rostow Ravanan, Co-Founder & CFO, Mindtree spoke about the impact of rupee depreciation on its IT business.

Murthy's return well thought; not symbolic: Mindtree

Rostow Ravanan, Co founder and CFO of Mindtree believes that Narayana Murthy's return to Infosys will ensure flawless execution of strategiesis and is in the best interest of the company.

Seeing significant improvement in deal closures: Mindtree

Software services exporter Mindtree says it is seeing a significant improvement in deal closures and US dollar revenue growth in FY2014 is expected to be 3-4 percent higher than in FY2013.

FY13 growth to be less than 11%: MindTree

Rostow Ravanan, CFO, MindTree expects growth in FY14 to be better than FY13. "Most of our US customers are fairly confident about their budgets. They are confident about the prospects for their own business," he said in an interview to CNBC-TV18.

Current quarter will be better than previous one: MindTree

In an interview to CNBC-TV18, Rostow Ravanan, chief financial officer of MindTree says the current quarter will see better growth than the previous quarter.

Seeing no pressure on pricing, says MindTree

In an interview to CNBC-TV18, Rostow Ravanan, chief financial officer of Mindtree says, although there is no pressure on pricing, there is definitely some amount of delays in decision making. “We are likely to grow at a slower trajectory,” he adds.