Mindtree will continue to operate as separate entity, hardly any conflict with LTI: L&T CEO
Larsen and Toubro, which recently acquired majority share in Mindtree, Monday said the IT firm will be run as a separate entity and operate at an arm's length from the construction major's own tech units.
There is no direct conflict between Mindtree and L&T Infotech (LTI) as "they operate in vastly different areas with a minimum client overlap", L&T CEO and Managing Director SN Subrahmanyan said, asserting that no position is sought to be disturbed at Mindtree and no changes are being contemplated right now.
L&T will focus on "continuity" as a key theme in the management transition, and the announcement for a new chief executive for the IT services firm will be done in due course, he told PTI.
"Mindtree will be run as a separate entity, distinct from L&T Infotech (LTI) and L&T Technology Services (LTTS). The entities would run at an arm's length. It is inappropriate to speculate about the future structure now," Subrahmanyan said in an emailed statement.
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