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Mindtree LImited:Hostile Acquisitions

Authored by Dipali Krishnakumar

Business

Professional Development

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Mindtree LImited:Hostile Acquisitions
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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The chiarman of Mindtree had set a target of achieving $ 1 billion in revenue by 2014. Did the company achieve this target?

Yes

No

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

VG Sidharth had been very critical of the management of Mindtree and would often criticise then for missing quarterly targets

Yes

No

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A few years before the stake sale by VG Sidharth to L&T. Mindtree had also approached L&T with a stake acquisition offer.

Yes

No

4.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

What are the potential reasons for L&T to consider the Mindtree acquisition

Poor performance of its IT operations

Mindtree would help it to gain scale

The acquisition would enable it to better deploy its surplus cash

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

The founders of Mindtree proposed a share buy back to increase the promoters stake. Did this meet with the board approval?

Yes

No

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

L&T's open offer for Mindtree shares failed as the premium over the prevailing market price was very low

True

False

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following were co-founders of Mindtree

Subroto Bagchi
N Krishnakumar
VG Sidhartha
Ashok Soota

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