मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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LTIMindtree COO steps down, to lead global AI

Mint Mumbai

|

March 17, 2025

Deshpande was in race for CEO; Four senior LTIM execs have left in 2025

- Jas Bardia

LTIMindtree COO steps down, to lead global AI

Less than two months after LTIMindtree Ltd named Venu Lambu as its chief executive-designate, Nachiket Deshpande, the company's chief operating officer (COO) who was a frontrunner in the CEO race, has stepped down from his role.

Deshpande, who joined India's sixth-largest information technology (IT) services company in November 2022 after the merger of Larsen and Toubro Infotech (LTI) and Mindtree, will take charge as LTIMindtree's president of global AI services, strategic deals and partnerships, Lambu said in a letter to associates, which Mint has seen.

"The evolution of the AI stack over the last 24 months is bringing software and services paradigms closer together, creating new frontiers of opportunities," Lambu said in the letter.

Mint Mumbai से और कहानियाँ

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UPI loans soon, credit card-style

India's retail payments body, the National Payments Corporation of India, is in talks with lenders to roll out credit lines as low as ₹5,000 on the Unified Payments Interface (UPI), banking on credit card-like interest-free periods and regulatory clarity to boost uptake, according to two people close to the development.

time to read

3 mins

January 20, 2026

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TRUMP 2.0: ONE YEAR OF TWISTS AND TURNS

Since returning to office in January 2025, Donald Trump has used many tools-from tariffs to tighter borders and military interventions-many of which have hit India significantly.

time to read

3 mins

January 20, 2026

Mint Mumbai

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IMF cautions on AI, raises India outlook

The International Monetary Fund (IMF) has sounded a warning note on the exuberance in artificial intelligence, cautioning that a failure to achieve productivity gains could curb investments, slam markets and radiate across the world through tightening financial conditions.

time to read

4 mins

January 20, 2026

Mint Mumbai

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BRANNAN'S BLUEPRINT ON DALAL STREET

In India's capital markets gold rush, can 'shovel companies' be the shining bets?

time to read

9 mins

January 20, 2026

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China's lithium moves may hit Indian EV cos

Costlier batteries due to Beijing's export sop cut may push up EV prices

time to read

3 mins

January 20, 2026

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Our Gaza calculus

Should India join the Board of Peace for Gaza being set up by the US? This decision would hinge on what it implies for India's strategic autonomy.

time to read

1 min

January 20, 2026

Mint Mumbai

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Discoms swing to profit. Why there is more to worry

India's power distribution companies or discoms, reeling under high debt and operational losses for years, swung to profits in fiscal 202425. Mint explains the current financial health of the discoms and the factors behind their revival:

time to read

2 mins

January 20, 2026

Mint Mumbai

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China population falls as birth rate drops to lowest since 1949

A decade after ending China's longtime one-child policy, the country’s authorities are pushing a range of ideas and policies to try to encourage more births—tactics that range from cash subsidies to taxing condoms to eliminating a tax on matchmakers and day care centres.

time to read

1 min

January 20, 2026

Mint Mumbai

BUDGET SHOULD AID GROWTH WITH FISC CONSOLIDATION

India’s real and nominal GDP growth rates for 2025-26 are estimated at 7.4% and 8.0%, respectively, according to the National Statistics Office’s first advance estimates.

time to read

3 mins

January 20, 2026

Mint Mumbai

Mint Mumbai

India-EU summit likely to seal FTA, defence pacts

European Council and European Commission heads will be chief guests on Republic Day

time to read

1 mins

January 20, 2026

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