Background: Incorporated in 1999, Mindtree is a mid-cap IT company, which operates in two main business segments; IT Services (70.1%) & Product Engineering & Services (29.9%). IT services encompasses application development & maintenance, testing, consulting and INS services to enterprise clients in verticals like BFSI (22.8%), manufacturing & retail (18.9%), travel & media (19.9%) and others (8.4%). The PES segment involves full life cycle product engineering, professional services and sustained engineering services. The company has over 10,952 employees spread across 24 offices to cater to 245 clients, which includes over 40 Fortune 500 companies....