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L&T closes Rs 16,375 cr Hyd Metro deal

L&T Metro Rail Hyderabad has achieved the financial closure for the Rs. 16,375 crore (Rs. 163.75 billion) Hyderabad Metro Rail project, making it the largest ever fund tie up in a public private......

With eye on bank, L&T rejigs arms

Larsen & Toubro will spin off its financial services vertical into an independent entity under a separate holding company.The move is aimed at facilitating its application for a banking licence......

Satyam has kept shareholders in the dark: L&T

Engineering and construction major L&T on Tuesday said Satyam Computer Services, which is rebranded as Mahindra Satyam, has kept its shareholders in the dark about it's performance.There is no......

After 12 years, bank credit drops to single digit

For the first time since April 1997, growth in bank credit has dropped to single-digit levels, an indication that demand is yet to pick up. For the year up to October 23, bank credit flow grew by......

L&T starts inspection of Satyam books

A team from India's $7 billion engineering behemoth, Larsen & Toubro, which holds 12 per cent stake in Satyam Computer Services started inspecting the books of the troubled company. The team is led......
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Investments in India can now be committed without delay, Jaitley tells US business community

San Francisco: Making a strong pitch for investments in India, Finance Minister Arun Jaitley has asked long-term US investors to start investing... ...
Benchmarks extend winning streak to seventh straight session

SENSEX 27730.21 414.04 1.52% NIFTY 8353.10... ...
Benchmarks continue to trade jubilantly; Nifty regains 8,300 mark

SENSEX 27701.93 385.76 1.41% NIFTY 8346.65... ...
Comments sought on company law amendments

In a bid to improve ease of doing business in the country, the ministry of corporate affairs-appointed committee has invited comments and... ...
Expert panel seeks public comments on Companies Act

The new law would make it easier to do business and provides for stricter penalties for fraud cases. Photo: Bloomberg New Delhi: To improve ease... ...

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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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