Mindtree CEO may go as L&T tightens grip

Larsen & Toubro (L&T) is likely to push for a management rejig at Mindtree, including a change of CEO, even as the engineering services conglomerate tightens its hold over the Bengaluru-headquartered company. The share sale by Nalanda Capital, the largest institutional investor, came as a big blow to the company’s incumbent management.

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