Larsen & Toubro, the country's biggest engineering company, is open to spending as much as $1 billion on acquisitions for its software-services unit as the subsidiary prepares for an Initial Public Offering.
State-owned insurance giant LIC has increased its exposure in 12 Sensex firms, including Coal India and Bajaj Auto, in the January-March quarter, with purchase of shares estimated to be Rs 16,400 crore at current valuation.
Shares of Larsen & Toubro (L&T) has moved higher by nearly 3% to Rs 1,736 on the National Stock Exchange (NSE), after the company’s construction arm won orders worth Rs 2,674 crore across various business segments.
As Modi government completes one year next month, India Inc leaders are slowly losing patience due to slow reforms, aggressive Hindutva elements, attacks against minorities and stalemate in the Parliament over Land Acquisition Bill.
Even as the debate rages on the sustainability of the incipient economic recovery, companies big and small are clearing the cobwebs and discarding what they think they no longer need or can afford to exit as they prepare for the future.
Shares of Larsen & Toubro (L&T) were trading higher by 1% at Rs 1,783 on the BSE after the company said it has signed a memorandum of understanding (MoU) with French firm Areva for cooperation to maximise localisation for the EPR nuclear power
Weak consumer demand across sectors and the government’s spending cuts to achieve the year’s fiscal deficit target are likely to have an overhang on the Q4 results, said Tirthankar Patnaik, India strategist at Mizuho Bank.
Larsen & Toubro (L&T) has been awarded a contract valued at Rs 1,432 crores by the Ministry of Defence for the design and construction of seven Offshore Patrol Vessels (OPVs) for the Indian Coast Guard (ICG).
Shares of Larsen & Toubro (L&T) were trading higher by nearly 3% at Rs 1,722, extending its Friday’s 2.7% gain on the National Stock Exchange (NSE), after one of its subsidiaries announced bagging orders worth Rs 1,711 crore across business
Shares of Larsen & Toubro (L&T) were trading higher by nearly 2% at Rs 1,662 on the National Stock Exchange (NSE) after the company said it has won orders worth of Rs 1,711 crore across various business segments in March 2015.The business and factories
The state's nodal agency for land acquisition and industrial infrastructure development-Odisha Industrial Infrastructure Development Corporation (Idco) is set to prepare the detailed project report (DPR) for a helicopter manufacturing and assembly unit