Larsen And-toubro

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Larsen And-toubro - Total results - 73
Markets open weak: Sensex drops over 300 points, Nifty tests 9,400-level in early trade ahead of GDP data; Rupee up
Business

Markets open weak: Sensex drops over 300 points, Nifty tests 9,400-level in early trade ahead of GDP data; Rupee up

Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries amid weak cues from global markets.

Govt to raise 22,000 cr by selling stake in Axis Bank, ITC; deal to be completed by second week of May
Business

Govt to raise 22,000 cr by selling stake in Axis Bank, ITC; deal to be completed by second week of May

Shares of ITC and Axis Bank declined on Wednesday after news reports that the central government is looking to sell stake in these companies.

L&T bags 'significant' orders worth up to Rs 2,500 cr from domestic clients
Business

L&T bags 'significant' orders worth up to Rs 2,500 cr from domestic clients

Infrastructure company Larsen & Tourbro on Friday said its buildings and factories business has bagged significant orders worth up to Rs 2,500 crore from domestic clients

Larsen & Toubro shares jump over 5% on orders to build regional rapid transit system in UP
Business

Larsen & Toubro shares jump over 5% on orders to build regional rapid transit system in UP

Shares of Larsen & Toubro (L&T) on Wednesday jumped over 5 percent after the company said that it has bagged significant orders for its heavy civil infrastructure business in Uttar Pradesh

Larsen & Toubro shares gain nearly 7% as construction arm wins 'large' water management orders
Business

Larsen & Toubro shares gain nearly 7% as construction arm wins 'large' water management orders

Shares of Larsen & Toubro on Monday advanced nearly 7 percent after the company said its construction arm has won "large" water management orders in Karnataka

Coffee Day investigation reveals about Rs 2,000 cr missing from firm's accounts after death of VG Siddhartha; report likely to be released soon
Business

Coffee Day investigation reveals about Rs 2,000 cr missing from firm's accounts after death of VG Siddhartha; report likely to be released soon

Over a hundred-page draft report, which is expected to be released soon, mentioned about the financial transactions of Coffee Day and its dealings with dozens of private companies owned by Siddhartha.

Global trade barriers creating opportunities for India; govt needs to encash this opportunity: L&T
Business

Global trade barriers creating opportunities for India; govt needs to encash this opportunity: L&T

L&T's Whole Time Director and CFO R Shankar Raman said that the government also needs to create an environment for multilaterals, with huge development budgets, to invest in India

L&T Q3 consolidated net profit rises 15% at Rs 2,560 cr; total income up 5% to Rs 36,718 cr
Business

L&T Q3 consolidated net profit rises 15% at Rs 2,560 cr; total income up 5% to Rs 36,718 cr

Engineering and construction major Larsen & Toubro (L&T) on Wednesday posted a 15 percent rise in its consolidated net profit at Rs 2,560.32 crore for the quarter to 31 December, on the back of higher income

Mindtree Q3 net profit up 3% to Rs 197 cr; revenue rises 10% to Rs 1,965 cr
Business

Mindtree Q3 net profit up 3% to Rs 197 cr; revenue rises 10% to Rs 1,965 cr

IT firm Mindtree on Tuesday reported a 3 percent rise in consolidated net profit at Rs 197 crore for the December 2019 quarter

Sensex recovers after plunging over 350 points in opening trade on US-Iran conflict; Nifty below 12,000-mark; Titan, L&T among top losers
Business

Sensex recovers after plunging over 350 points in opening trade on US-Iran conflict; Nifty below 12,000-mark; Titan, L&T among top losers

At 10.30 AM, the Sensex was trading at 193.47 points or 0.47 percent down at 40,676 while the Nifty was trading 61.60 points down or 0.51 percent at 11,991.35.

L&T wins over Rs 7,000 cr contract from HPCL; to set up residue upgradation facility for Visakh refinery modernisation project
Business

L&T wins over Rs 7,000 cr contract from HPCL; to set up residue upgradation facility for Visakh refinery modernisation project

Engineering and construction major Larsen & Toubro on Wednesday said its arm LTHE has won a megaproject from Hindustan Petroleum Corporation

BSF pilot who impersonated senior to fly Amit Shah's plane tenders resignation; Kargil veteran faces criminal charges
India

BSF pilot who impersonated senior to fly Amit Shah's plane tenders resignation; Kargil veteran faces criminal charges

Border Security Force pilot, Wing Commander (retd) JS Sangwan who is facing criminal charges for impersonating his senior to fly Amit Shah's plane, has tendered resignation.

IIFL set to snap up L&T Finance's wealth management arm for Rs 250 cr, deal likely early next week
Business

IIFL set to snap up L&T Finance's wealth management arm for Rs 250 cr, deal likely early next week

As part of its strategy to exit non-core businesses, L&T Finance is selling its wealth management arm to IIFL Group for around Rs 250 crore and the deal is set to be inked early next week, say three people aware of the development

VG Siddhartha found dead: CCD founder reimagined idea of coffee in India, always sought to strike out on his own
India

VG Siddhartha found dead: CCD founder reimagined idea of coffee in India, always sought to strike out on his own

V G Siddhartha was listed as the 75th richest man in India in the Forbes billionaire in 2015

VG Siddhartha dead: Tax and tide turned against CCD founder, but the frothy, aromatic dreams he built will live on
Business

VG Siddhartha dead: Tax and tide turned against CCD founder, but the frothy, aromatic dreams he built will live on

The dizzy rise and the tragic suicide of VG Siddhartha who founded India's Starbucks could be the story of latter-day Bangalore

Mindtree shares tank nearly 11% on disappointing Q1 results; company posts 41% drop in net profit
Business

Mindtree shares tank nearly 11% on disappointing Q1 results; company posts 41% drop in net profit

IT firm Mindtree shares plunged nearly 11 percent on Thursday after the company posted a 41.4 percent decline in consolidated net profit for the June quarter

L&T Group head AM Naik appointed as Mindtree non-executive Chairman
Business

L&T Group head AM Naik appointed as Mindtree non-executive Chairman

L&T was categorised as the new promoter of Mindtree earlier this month

Mindtree shareholders approve Rs 20 per share special dividend; was proposed by IT firm promoters to celebrate revenue milestone
Business

Mindtree shareholders approve Rs 20 per share special dividend; was proposed by IT firm promoters to celebrate revenue milestone

There were speculations that L&T, which acquired Mindtree in a hostile takeover, would oppose the proposal as it would strip over Rs 320 crore off the IT company's books.

Mindtree AGM: L&T CEO tells IT firm shareholders company will be operated 'at arm's length' from group's entities
Business

Mindtree AGM: L&T CEO tells IT firm shareholders company will be operated 'at arm's length' from group's entities

L&T CEO and MD S N Subrahmanyan addressed the shareholders of Mindtree for the first time after the takeover on Tuesday