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Government finalises policy to allow private investment in defence

The Defence Acquisition Council on Saturday finalised the broad contours of a much-awaited policy under which select private firms will be roped in to build military platforms like submarines and......

3 decades after Bofors scandal, India gets its first howitzer guns

After a 30-year wait for new artillery guns since the Bofors scandal, the Indian Army on Thursday received the first two ultra light howitzers from the United States as part of an order for 145......

Varanasi: Clean ghats, unclean rivers

N Sundaresha Subramanian explains the challenges authorities face in cleaning the Ganga and other holy rivers in Varanasi. On an e-rickshaw on the road to Banaras Hindu University, Alka, a......

As LoC heats up, army buys 2 rocket regiments

The defence ministry has bought two regiments of the Pinaka multi-barrelled rocket launcher for Rs 32.3 billion, reports Ajai Shukla. With tensions escalating at the Line of Control between India......

Sensex back in red, down 105 points as banks weigh

Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses A day after Fed-fuelled rally, stocks slipped back into the red today with 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......
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Equities rebound on easing geo-political tensions, DIIs inflows

Key Indian equity indices -- the Sensex and the Nifty50 -- rebounded from their five-week lows during the week ended Friday as sentiments were... ...

http://www.sify.com/finance/market-review-equities-rebound-on-easing-geo-political-tensions-diis-inflows-news-sensex-ritpufdjbgcii.html
Taking aim at China, India tightens power grid, telecoms rules

By Sudarshan Varadhan and Neha Dasgupta NEW DELHI (Reuters) - India is tightening the rules for businesses entering its power transmission sector... ...

http://www.sify.com/finance/exclusive-taking-aim-at-china-india-tightens-power-grid-telecoms-rules-news-health-rirtd7aifegff.html
BRIEF-Larsen & Toubro delivers two high speed interceptor ships to Indian coast guard

Aug 17 (Reuters) - Larsen & Toubro Ltd * Says L delivers two high speed interceptor ships to Indian coast guard Source text for Eikon: Further... ...

http://www.sify.com/finance/brief-larsen--toubro-delivers-two-high-speed-interceptor-ships-to-indian-coast-guard-news-economy-rirnucehehgea.html
BRIEF-Larsen & Toubro to divest entire stake in L&T Cutting Tools for 1.74 bln rupees

Aug 16 (Reuters) - Larsen & Toubro Ltd: * Says entered into definitive agreement on August 16, 2017for divestment of its entire stake in L&T... ...

http://www.sify.com/finance/brief-larsen--toubro-to-divest-entire-stake-in-lt-cutting-tools-for-174-bln-rupees-news-economy-riqqDVagjhaej.html
govt

Maharashtra minister Ranjit Patil said an inquiry will be conducted into alleged irregularity in the construction of residential buildings by... ...

http://www.moneycontrol.com/news/real-estate/inquiry-to-be-conductedalleged-misuseland-by-larsentoubro-govt_9460221.html

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