Mergers, headwinds, missed bets: How L&T missed growth targets for IT units set five years ago
L&T's IT units, LTIMindtree and LTTS, are projected to underperform, missing ambitious growth targets due to economic uncertainties, a merger, and leadership churn. Their growth has significantly lagged behind smaller competitors, affecting overall revenue expectations.
L&T's IT units, LTIMindtree and LTTS, are projected to underperform, missing ambitious growth targets due to economic uncertainties, a merger, and leadership churn. Their growth has significantly lagged behind smaller competitors, affecting overall revenue expectations.
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