• Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Telegram
  • Youtube
  • otv

Tag: L Amp T

Pvt Company To Build 150 Houses For People Affected By Cyclone Fani

Bhubaneswar: A private engineering services company will build 150 disaster-resilient houses for people affected by clone Fani in Odisha’s Puri district and will also provide skill development training to them, officials said on Friday. Puri District Collector Balwant Singh along with CEO & Managing Director of L&T Technology Services Limited (LTTS) Keshab Panda laid the […]

Sensex surges over 400 pts; bank stocks rally

Mumbai: Equity benchmark BSE Sensex rallied over 400 points in early session on Thursday, led by gains in banking stocks, tracking positive cues from global markets. After hitting a high of 39,008.83, the 30-share index was trading 384.54 points, or 1 per cent, higher at 38,978.06 at 0945 hours, while the broader Nifty rose 120.75 […]

Stimulus booster help equities log best day in over 3 months

Mumbai: Benchmark stock indices Sensex and Nifty saw their best day in over three months on Monday, buoyed by the government move to withdraw additional surcharge on foreign investors and initiate measures to revive the economy. The BSE gauge Sensex settled with a gain of 2.16 per cent or 792.96 points; while the NSE Nifty […]

Sensex Soars Over 600 Pts On FPI Surcharge Rollback

Mumbai: Domestic equity benchmark BSE Sensex rallied over 662 points in opening session on Monday after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy. The 30-share index, however, pared some gains as investors began booking profits at higher levels. The index was […]

Sensex jumps 169 pts; IT stocks rally

Mumbai: The BSE benchmark Sensex Monday rose 169 points, led by gains in IT stocks amid positive global cues. The NSE barometer Nifty gained 52 points to reclaim the 11,900 level. Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to […]

L&T buys V.G. Siddhartha, CCD's stakes in Mindtree

Mumbai: Larsen & Toubro (L&T) has bought around 20 per cent stake of V.G. Siddhartha and Cafe Coffe Day (CCD)’s stake in Mindtree through block deal worth around Rs 3,200 crore. L&T bought 3.27 crore shares held by Siddhartha and Cafe Coffee Day on Tuesday at Rs 980 per share, according to a BSE data. Mindtree’s […]

Mindtree not to buy back shares after L&T open offer

Bengaluru: Global software major Mindtree on Tuesday decided not to proceed with its proposal to buy back its shares after infrastructure major Larson and Toubro (L&T) made an open offer to acquire 31 per cent of equity capital for Rs 3,050 crore. “The company’s board of directors at its meeting on March 26 has decided […]

Mindtree takeover not hostile, but an act of love: L&T

Mumbai: Refusing to accept Larsen & Toubro Ltd’s takeover of IT services firm Mindtree as hostile, L&T Managing Director and Chief Executive Officer S.N. Subrahmanyan on Tuesday said it was an “act of love and with all the heart”. “What we are trying to do is, if I can use the word ‘pyar’.. and we […]

L&T arm to build Bengaluru airport's second terminal

Bengaluru: Infrastructure major Larson & Toubro’s (L&T) buildings and factories business arm would build the second terminal of the Bengaluru international airport, said its operator on Wednesday. “The Rs 3,036-crore order to construct the airport’s terminal-2 has been given to the Building & Factories Business of L&T,” said the operator Bangalore International Airport Ltd (BIAL) […]

L&T's second quarter consolidated net profit rises 32%

Mumbai: Engineering conglomerate Larsen and Toubro (L&T) on Saturday reported a rise of 31.86 per cent in its consolidated profit after tax (PAT) for the second quarter (Q2) ended September 30. The company’s PAT for the quarter stood at Rs 2,020.30 crore against Rs 1,532.15 crore reported during the corresponding quarter of the previous year. […]

L&T bagged Rs.4,006 crores in global deals in December

Kolkata: The constructions division of the diversified Indian multinational Larsen and Toubro (L&T) Monday said it bagged global orders worth Rs.4,006 crores ($6.5 billion) across various business verticals in December 2014.