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Why India still hasn't built a combat vehicle

Defence ministry incompetence hobbles development of battle-taxis for the Indian Army, discovers Ajai Shukla. IMAGE: The Future Infantry Combat Vehicle project was approved in 2008, but has seen......

The ghost of Gorshkov

The navy's plan to build three Russian Talwar-class frigates has a less than wholesome odour, says Ajai Shukla. The Indian Navy, clearly, has an appetite for punishment. One might imagine that the......

Why analysts are not so bullish on Larsen & Toubro

The investment cycle might not be showing signs of revival but Larsen & Toubro (L&T) is not revising its order inflow forecast (consolidated level) downwards. Larsen & Toubro expects order inflows......

40 Years Ago... And now: L&T, graveyard of corporate raiders

Larsen & Toubro has managed to fend off hostile takeover bids from renowned corporate groups in the past 4 decades.  Image: L&T’s Metro Rail Project. Photograph: Courtesy, Larsen &......

L&T Q1 net profit up over 2-fold on disinvestment gain

Larsen and Toubro on Monday reported an over two-fold rise in consolidated net profit at Rs 967 crore (Rs 9.67 billion) for the April-June quarter, buoyed by a Rs 1,382-crore (Rs 13.82 billion)......

Why fund managers are switching stock bets

Shares of construction major Larsen & Toubro (L&T) and the country's largest lender, State Bank of India (SBI), are in high demand among equity fund managers, who substantially raised their......

L&T Chairman, CEO offload stake in company

Two top officials of Larsen and Toubro executive chairman A M Naik and chief executive officer K Venkataramanan sold part of their stakes in the company last week. In separate filings to the BSE,......
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Sensex extends slide, ends 243 pts down

Despite opening on a bright note, after the government decided to not impose the retrospective minimum alternate tax on foreign investors, the... ...

http://www.sify.com/finance/sensex-extends-slide-ends-243-pts-down-news-sensex-pjcrjwgbidhac.html
'Bulldozer' Nitin Gadkari promises higher growth

The man Prime Minister Narendra Modi has tasked with launching a China-style infrastructure boom calls himself a "bulldozer" and promises to add... ...

http://www.businesstoday.in/sectors/infra/nitin-gadkari-plans-for-gdp-growth-china-like-infrastructure/story/223339.html
Pros

Larsen and Toubro is a stock to own in ones portfolio, especially for those who believe in the India growth story, says Devang Mehta of Anand Rathi... ...

http://www.moneycontrol.com/news/market-outlook/mkt-fundamentals-still-sound-buy-largecap-it-lt-pros_2874921.html
Police stations part of CCTV project

(Representational Image) The court has even asked the government to preserve footage for at least a year Mumbai : In an important move to curb... ...

http://www.asianage.com/mumbai/police-stations-part-cctv-project-419
Sensex closes 586 pts down, Nifty below 7,800

The slide in Asian markets and below-expected GDP data sobered investor sentiments in the Indian equities markets on Tuesday, leading benchmark BSE... ...

http://www.businesstoday.in/markets/stocks/stock-market-bse-sensex-nse-nifty-today-september-1-2015/story/223292.html

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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