Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
Even if some of those projects remain on paper, the potential for manufacturers and engineering firms is too big to ignore
Indian names that figure on the list, but lower down the pecking order include Tatat (101). Airtel (rank: 252), Infosys (287), Life Insurance Corporation of India (292), State Bank of India (334), HCL (390), Indian Oil (427), Reliance (445) and Larsen & Toubro (464).
L&T operates in 152 businesses, including nuclear reactors, power generation equipment, airports, oil & gas pipelines, roads, computer software and financial services.
Employees of around 150 firms may lose out on PF benefits as their companies failed to get an exemption certificate from the Employees' Provident Fund Organisation (EPFO)
Data shows of the 385 companies, which had announced their latest shareholding, fund houses cut their stake in about 200.
Bayern Munich moved closer to a record-extending 30th league title after their Polish striker Robert Lewandowski ended a personal jinx in a 5-0 drubbing of struggling Fortuna Duesseldorf in the Bundesliga on Saturday. The result left leaders Bayern, who are chasing an eighth successive league title, top of the standings on 67 points from 29 games, 10 ahead of closest rivals Borussia Dortmund who visit bottom team Paderborn on Sunday.
The prospects of India becoming a credible manufacturer of defence platforms or major weapon systems for export are remote, says Vice Admiral Premvir Das (retd).
The Rs 45,000-crore (Rs 450-billion) engineering & construction company is reviewing the future of some of its manufacturing JVs.
According to current regulations, a company's buyback offer size cannot exceed 25 per cent of its paid up capital plus reserves
The company, which has been selling mining trucks in collaboration with Larsen & Toubro since 2007-08, has formed an Indian arm, Scania Commercial Vehicles India Pvt Ltd.
The stock markets tanked in morning trade on Friday and sent the benchmark Sensex down to its lowest level in 13 months.
Foreign Institutional Investors have pumped in $2.2 billion or Rs 9807 crore in Indian equities in the past eight trading sessions.
Nifty made a gap up opening and moved higher after oil prices eased, relieving concerns of inflation.
'When you have surplus cash flow and markets correct sharply, what options do you have other than buying good stocks?'
Barcelona teenager Ansu Fati scored twice to lead his side to a 2-1 win at home to Levante on Sunday, finding the net in a league game for the first time in more than four months and becoming the youngest player to net a La Liga double. Romelu Lukaku scored a quickfire second-half double to give Inter Milan a 2-0 win at Udinese on Sunday, ending their run of three successive 1-1 league draws.
The list includes Hindustan Unilever, Asian Paints and Bharti Airtel - firms that investors feel are most likely to come up with the next big innovation.
Market breadth was positive; of 2,896 stocks traded on the BSE today, 1,496 advanced, while 1,275 declined.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Market breadth was positive, 1072 stocks advanced for 1683 stocks which declined.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While 2017 was a record year for private equity investments in India after $23.5 billion in 660 deals, 2018 too has begun with a bang.
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Larsen & Toubro, India's largest infrastructure builder, reported a 7 percent rise in quarterly profit, beating analyst estimates, as it booked increased revenue despite a weak domestic economy.
Larsen & Toubro, India's largest engineering, construction and technology company, is aggressively expanding its footprint across various places abroad
A consortium of India's largest engineering company Larsen & Toubro (L&T) and non-resident Keralite (NRK) businessman P Mohamed Al-led Galfar Engineering & Contracting has bagged the design and development order for the New Salalah International Airport in the Sultanate of Oman for $764 million (Rs 3,452 crore).
Corporate India on Monday urged the Reserve Bank not to further tighten its key rates during its monetary policy review next month, on the ground that interest rates are already very high.
Larsen & Toubro (L&T), the technology, engineering, construction and manufacturing company, has scaled down its stake in Mahindra Satyam, the erstwhile Satyam Computer Services, to a little over two per cent.
L&T plans to transfer the equity of L&T in their joint ventures with Mitsubishi Heavy Industries into L&T Power through a book transfer, if clauses for the re-tender remain the same, company executives told Business Standard.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Germany's football association (DFB) is eager to extend the contract of national team coach Joachim Loew past the 2018 World Cup, DFB president Reinhard Grindel said on Monday. Loew, who has been in charge since 2006, coached Germany to the 2014 World Cup title and to a total of five straight semi-final appearances at World Cups and Euros, with his current deal running to 2018 and the World Cup in Russia. The 56-year-old, in charge for 138 matches so far, saw his team fail to win Euro 2016 after losing in the semi-final stage to hosts France in July but after hesitating a few days eventually said he would stay on as Germany coach to 2018.
With passage of the nuclear liability Bill, the heavy engineering supply chain, led by Bharat Heavy Electricals Ltd (BHEL), Larsen & Toubro (L&T) and Bharat Forge Ltd (BFL), is gearing to take up the challenge ahead.
The Rs 2,460-crore project, an initiative of the Mumbai Metropolitan Regional Development Authority, is a modern urban transport where cars move on a single beam in an elevated corridor.
The tunnel would provide all-weather connectivity between Srinagar and Leh-Ladakh
There were 35 defects that still remained to be resolved. Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being commissioned with a full complement of its primary weapon, the torpedo.
The BoA also allowed three developers, including Unitech Infopark, to surrender their SEZs, he said, adding they would have to pay back the tax concessions availed while executing the projects and other pending dues.
Companies such as Larsen & Toubro and Bharat Heavy Electricals Ltd believe the undervalued renminbi (yuan) gives Chinese goods an unfair advantage in Indian markets.
The two arms of L&TFH are L&T Finance, with its retail, micro-finance and corporate loan portfolio, and L&T Infrastructure Finance.
Former cricketer Gautam Gambhir, actor Manoj Bajpayee, mountaineer Bachendri Pal, ISRO scientist Nambi Narayanan and Odisha tea seller D Prakash Rao were among the recipients of the honour.
The work order for Prime Minister Narendra Modi's pet project 'Statue of Unity' - the world's tallest statue of India's first home minister Sardar Vallabhbhai Patel, was issued by the Gujarat government on Monday, to leading engineering company Larsen and Toubro (L&T).
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