The negotiations for a bail-out of the two plants could see continuity though a weakened BJP majority is a cause of concern among analysts, says Amritha Pillay.
The company will now focus on value creation for shareholders in the defence and construction businesses.
The labour force at large has turned less needy, due to various government financial incentives and freebies.
He would not be part of the day-to-day activities of L&T in his non-executive role. He would, however, be there at important company events.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
As A M Naik stepped down as L&T CEO, there are some things he still needs to take care of. And given his love for his company that's not the last we are going to hear of him yet.
City police, metros, airports, even power utilities are using pop culture and social media to reach the young and encourage public ownership of public services. Amritha Pillay reports.
L&T Infotech hits the refresh button, rebrands itself as LTI With a new name, colour palette and business focus, L&T Infotech looks to break free of its past
Sarod brothers Amaan and Ayaan Ali Bangash are waiting to take their creation, the Erod, to the world.
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
Saudi Arabia is insisting on 'In Kingdom' total value-addition requirements
JSW Steel, Tata Steel, Steel Authority of India, Bhushan Steel, Essar Steel, Jindal Steel & Power, and Rashtriya Ispat Nigam are among the top producers of the alloy in the domestic market
An increasing number of young classical musicians are dabbling in fusion music, discovers Aditi Divekar.
Traders blame demonetisation for subdued demand in retail segment
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
RIL's December quarter performance is likely to be muted
The new system is expected to give emphasis on various in-built credit enhancement structures.
The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position.
Govt unlikely to cut excise duties to compensate for higher global prices, say analysts.