Background: Incorporated in 1999, MindTree (MT) is a mid-cap IT company, w hich operates in tw o main business segments: IT Services (72.6%) & Product Engineering & Services (27.4%). IT services encompasses application development & maintenance, testing, consulting and IMS services to enterpris e clients in vertic als like BFSI (23.3%), manufacturing & retail (22.1%), travel & transportation (19.7%) and others (7.5%). The PES segment involves full life cycle product engineering, professional servic es and sustained engineering serv ices. The company has over 12926 employees spread across 24 offices to cater to 207 clients, which...