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
Shares of ITC and Axis Bank declined on Wednesday after news reports that the central government is looking to sell stake in these companies.
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
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
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
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.
Govt must come clean on real fiscal deficit in Union Budget, worst may be over for FMCG sector; all this and more on Moneycontrol Pro
The FMCG sector had a tough time in financial year 2020, as sales growth slid every quarter.
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
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
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
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
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
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.
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
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
The dizzy rise and the tragic suicide of VG Siddhartha who founded India's Starbucks could be the story of latter-day Bangalore
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 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
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
L&T CEO and MD S N Subrahmanyan addressed the shareholders of Mindtree for the first time after the takeover on Tuesday