Engineering major Larsen & Toubro will pick up nearly a 10 per cent stake in the Kumbakonam-based City Union Bank for Rs 45 crore.
Workaholic CEOs find their job appealing, but their subordinates find that appalling.
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
Larsen & Toubro Ltd said on Tuesday the country's leading housing finance company Housing Development Finance Corporation and HDFC India Real Estate Fund will acquire a 25 per cent stake in L&T Urban Infrastructure Ltd.
Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.
The layoffs have been done in businesses which are moving slowly due to various reasons including delayed execution
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.
The Sensex finally closed with a gain of 52 points at 7,944 on the first day of the Samvat year 2062.\n
Mumbai-based L&T Infotech, a part of the Larsen &Toubro group, is evaluating acquisitions of $50-200 million (close to Rs 200-820 crore) in the US, Europe and India in a bid to boost revenues.
Seen as a major initiative, the 'strategic partnership model' aims to create a vibrant defence manufacturing ecosystem in the country through involvement of both the major Indian corporates as well as the MSME sector.
As Indian IT service entities mature into multi-billion dollar organisations employing thousands, the pressure has increased on them from clients to identify and solve customer problems than working on predefined parameters.
In its bid to attract young talent in manufacturing sector, engineering and construction major Larsen and Toubro Ltd is planning to tap villages and district level educational institutions in the country.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
Tata remains India's powerful brand with its value ring over $15 billion for the first time.
A Dubai government supported company has awarded a sub-contract to India-based Larsen and Toubro for constructing a 108 million Dirham convention centre in Hyderabad.
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