The Survey shows fiscal consolidation despite slowdown in growth.
Chairman A M Naik told Business Standard the "verticalisation" effort is aimed at ensuring better corporate governance as well as attracting talent to the 70-year-old company.
A day before the Reserve Bank's quarterly review tomorrow, the Bombay Stock Exchange benchmark Sensex today closed higher by a marginal 74 points even as brokers and fund operators maintained a low profile.
The Sensex crossed the 20,000-mark on the back of aggressive buying by funds ahead of the US Federal Reserve meeting.
The judge orally observed that the obtaining of this kind of benefit by any such nominee-director raised an important question of morality and, equally, of law.
An interview with Kekoo Colah, executive director of Knight Frank (India) Pvt Ltd.
Do you think company head honchos who slog all the time are very difficult to handle? Do they put a lot of stress on their subordinates' minds?
There is a huge spurt in demand to launch smaller satellites, those as light as 1 kg, with a lifespan of two to three years. But there aren't enough rockets to carry these, reports T E Narasimhan
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
L&T chairman AM Naik speaks about on his blueprint to simplify the 'complex' structure of the company.
The NSE Nifty ends at 4,619, up 53 points.
Larsen and Toubro Ltd said on Monday it has bagged Rs 800-crore (Rs 8 billion) contract from Reliance Industries Ltd for construction services and supply of electrical systems for its SEZ refinery and petrochemical project in Jamnagar, Gujarat.
Oil and Natural Gas Corporation has been adjudged the greenest company in the country, while Reliance Industries has been ranked second in a survey conducted by Business Today-ACNielsen ORG-MARG.
Coast Guard DIG B K Loshali has been sacked following a Board of Inquiry over his comments that contradicted the government's stand on the sinking of a Pakistan fishing boat last year.
A M Naik, chairman and managing director of L&T, said the details, such as the size of the funds required for each of these companies and proposed dilution of the equity, were yet to be worked out.
Engineering and construction major Larsen & Toubro Ltd said on Friday it has bagged a Rs 368-crore (Rs 3.68 billion) order from a power generation company in China for supply of critical gasification equipment.
The placement season has brought in positive cheer for students at the IIT Kharagpur this year.
Thirty stocks from various sectors form the Sensex.
With Ola Corporate, aims to provide services to 10,000 firms by next year
Among the gainers, microfinance player Ujjivan Financial Services which made its stock market debut in May has seen the biggest rally in its share price.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
Indian engineering and technology conglomerate Larsen & Toubro Ltd on Monday opened its first-ever electrical manufacturing facility abroad in the Chinese city of Wuxi.
Engineering firm Larsen and Toubro (L&T) on Friday said it has floated a power generation arm called L&T Power Development and would invest Rs 20,000 crore (Rs 200 billion) in the new company.
Larsen and Toubro has forayed into dredging business by acquiring 61 per cent stake in International Seaport Dredging\nPvt Ltd.
Seven students were made international offers.
The artillery pounds targets and keeps the enemy's head down, preventing them from firing at attacking troops.
Larsen & Toubro has just announced a tie up with Sweden-based Scania to distribute its multi-axle trucks.
Larsen and Toubro has decided to invest in Orissa in a big way partnering with other companies for establishment of a Rs 15,000 crore (Rs 150 billion) alumina-aluminium complex and a port designed to become India's biggest.
In what could be a shot in the arm for the National Highway Development Programme, the National Highway Authority of India is all set to receive a windfall of Rs 471 crore
Gammon India and L&T were the only bidders left in the fray for the project
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
However, some of the provisions in the draft Bill needs scrutiny, as these could scare away international investors
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