News for 'L&T'

3 in race to bag civil work contract of bullet train

3 in race to bag civil work contract of bullet train

Rediff.com5 Jun 2019

L&T, Ircon International and Tata Projects have showed interest in a tender issued by the National High Speed Rail Corporation, implementing agency for the project. The tender is for construction of stations, bridges, viaducts, maintenance depots and tunnels.

Sensex gains 593 points; crosses 55,000 for the first time

Sensex gains 593 points; crosses 55,000 for the first time

Rediff.com13 Aug 2021

TCS was the top gainer in the Sensex pack, rising over 3 per cent, followed by L&T, Bharti AIrtel, HCL Tech, Tata Steel, Bajaj Auto and Reliance Industries. NSE Nifty rallied 164.70 points to its fresh closing peak of 16,529.10.

Boeing 737 Max crisis: Indian IT firms may take a $1-bn hit

Boeing 737 Max crisis: Indian IT firms may take a $1-bn hit

Rediff.com3 Jan 2020

Major IT firms such as Tata Consultancy Services, HCL Technologies, Infosys, Cyient, and L&T Technology Services have direct exposure to Boeing or its suppliers' ecosystem, which comprises engine manufacturers, body suppliers, and avionics providers. These firms provide services like application development, testing, engineering, avionics, and business process management for the Boeing 737 Max programme.

Sensex sheds 338 pts dragged by losses in index majors

Sensex sheds 338 pts dragged by losses in index majors

Rediff.com20 May 2021

ONGC was the top loser in the Sensex pack, shedding around 3 per cent, followed by Sun Pharma, PowerGrid, Axis Bank, HDFC Bank, Bharti Airtel and Kotak Bank. NSE Nifty declined 124.10 points to 14,906.05.

Naik bids goodbye to L&T as chairman

Naik bids goodbye to L&T as chairman

Rediff.com23 Aug 2017

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.

MoD signs Rs 2,580 cr deal for Pinaka rocket launchers

MoD signs Rs 2,580 cr deal for Pinaka rocket launchers

Rediff.com1 Sep 2020

The six Pinaka Regiments comprise of 114 Launchers with automated gun aiming and positioning system and 45 command posts to be procured from M/s TPCL and M/s L&T, and 330 vehicles to be procured from M/s BEML.

Financial, IT stocks drag Sensex down 536 points

Financial, IT stocks drag Sensex down 536 points

Rediff.com24 Apr 2020

Bajaj Finance was the top laggard in the Sensex pack, dropping over 9 per cent, followed by Axis Bank, IndusInd Bank, HDFC, ICICI Bank and M&M. Reliance Industries, however, capped the losses by rallying over 3 per cent. Sun Pharma, Hero MotoCorp, L&T, PowerGrid and Bajaj Auto were also among the gainers.

Sensex, Nifty end marginally higher on F&O expiry

Sensex, Nifty end marginally higher on F&O expiry

Rediff.com29 Apr 2021

Bajaj Finserv was the top gainer in the Sensex pack, rallying nearly 7 per cent, followed by Bajaj Finance, Axis Bank, Reliance Industries and IndusInd Bank.

Sensex ends in green for 3rd straight day; ends up 790 points

Sensex ends in green for 3rd straight day; ends up 790 points

Rediff.com28 Apr 2021

Bajaj Finance was the top gainer in the Sensex pack, soaring around 8 per cent, followed by IndusInd Bank, Bajaj Finserv, ICICI Bank, Kotak Bank, SBI, Bajaj Auto and HDFC Bank. NSE Nifty surged 211.50 points to 14,864.55.

Sensex drops 470 points; Nifty slips below 9K

Sensex drops 470 points; Nifty slips below 9K

Rediff.com13 Apr 2020

Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd Bank, UltraTech Cements and NTPC were among the gainers.

Investor wealth jumps over Rs 3.93 lakh cr in four days

Investor wealth jumps over Rs 3.93 lakh cr in four days

Rediff.com31 May 2021

Investors have gained Rs 3,93,349.08 crore in four days following a strong rally in the equity markets amid a declining trend in COVID-19 cases. In four consecutive sessions of gains, the 30-share BSE Sensex has climbed 1,299.91 points or 2.56 per cent. The BSE benchmark index on Monday closed at 51,937.44, a gain of 514.56 points or 1 per cent. In four days, the market capitalisation of BSE-listed companies zoomed Rs 3,93,349.08 crore to close at a record high of Rs 2,22,99,810.27 crore on Monday.

Goodbye to manual scavenging? IIT Madras develops robots for task

Goodbye to manual scavenging? IIT Madras develops robots for task

Rediff.com9 Jun 2022

Named "HomoSEP", ten units are planned to be deployed across Tamil Nadu and the researchers are in touch with sanitation workers to identify the locations, officials said.

Bank licence clarification: Who gains, who loses

Bank licence clarification: Who gains, who loses

Rediff.com5 Jun 2013

The Reserve Bank of India (RBI) clarification on the final norms for new bank licences has much to mull on for the many entities interested. It has clearly ruled out any benefit to the new entrants in terms of more time to meet the cash reserve ratio/statutory liquidity ratio (CRR/SLR) requirements.

Why fund managers are switching stock bets

Why fund managers are switching stock bets

Rediff.com24 Jun 2014

HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.

Factors that will drive stock markets this week

Factors that will drive stock markets this week

Rediff.com8 May 2022

Global markets trends, inflation, release of industrial output data and quarterly earnings will dictate movement of the equity benchmarks this week, analysts said, adding that volatility might continue amid slew of announcements of macroeconomic data at the global level too. Moreover, foreign fund movement, crude oil prices and trend in rupee would also act as major drivers for the equity market, they added. "The direction of global equity markets along with movement in dollar index and crude oil prices will continue to dominate while inflation numbers of the USA on May 11 and inflation and IIP numbers of India on May 12 will also cause volatility in the market," said Santosh Meena, head of research, Swastika Investmart Ltd.

MF Guru: 'Your investment style is right'

MF Guru: 'Your investment style is right'

Rediff.com12 Apr 2022

Sudhanshu Singh, director IBBM, MM Securities, answers your mutual fund queries.

MF Guru: 'If you want to build a corpus of 3-4 Cr...'

MF Guru: 'If you want to build a corpus of 3-4 Cr...'

Rediff.com6 Oct 2022

Nikunj Saraf, Vice President Choice Wealth, answers your Mutual Fund queries.

L&T Chairman, CEO offload stake in company

L&T Chairman, CEO offload stake in company

Rediff.com18 Mar 2014

Shares of the company were trading at Rs 1240.10 apiece on the BSE at 1350 hours, down 1.23 per cent from the previous close.

ASK AJIT: How to get 20% return on shares?

ASK AJIT: How to get 20% return on shares?

Rediff.com17 Dec 2021

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Sensex logs 5th straight gains on economic recovery hopes

Sensex logs 5th straight gains on economic recovery hopes

Rediff.com2 Jun 2020

Bajaj Finance was the top gainer in the Sensex pack, soaring over 8 per cent, followed by Kotak Bank, IndusInd Bank, HDFC, PowerGrid, Axis Bank, ICICI Bank and L&T. On the other hand, Maruti, ITC, NTPC and Nestle India were among the laggards.

Sensex spurts 140 points ahead of poll results

Sensex spurts 140 points ahead of poll results

Rediff.com22 May 2019

IndusInd Bank was the biggest gainer in the Sensex pack, rallying 4.84 per cent, followed by Sun Pharma, Bajaj Auto, Bharti Airtel, Coal India, Tata Motors, SBI, ICICI Bank, Hero MotoCorp, ONGC, HDFC, Vedanta, L&T, Kotak Bank, Maruti and Axis Bank, ending up to 2.92 per cent higher.

Covid fears weigh down markets, Sensex up by 41 pts

Covid fears weigh down markets, Sensex up by 41 pts

Rediff.com14 May 2021

Equity benchmark Sensex ended marginally higher after a choppy session on Friday as concerns over the economic impact of the second wave of Covid-19 and pace of vaccination weighed on investor sentiment.

L&T, 2 mega consortia in race for India's first bullet train project

L&T, 2 mega consortia in race for India's first bullet train project

Rediff.com24 Sep 2020

The first consortium includes Afcons Infrastructure, IRCON International and JMC Projects, while the second group of companies include NCC, Tata Projects and J. Kumar Infra Projects.

L&T Finance in talks to buy Morgan's wealth biz

L&T Finance in talks to buy Morgan's wealth biz

Rediff.com21 Jan 2013

A person familiar with the matter said the deal could be finalised in a month.

Stocks: Buy, sell or hold? HCL Info, RCom and more

Stocks: Buy, sell or hold? HCL Info, RCom and more

Rediff.com17 Jan 2013

Expert advice on what you should do with these stocks

Sensex ends below 40K as virus fears grow

Sensex ends below 40K as virus fears grow

Rediff.com26 Feb 2020

On the Sensex chart, Sun Pharma was the top loser, followed by Maruti, L&T, Hero Motocorp, Infosys, ONGC and RIL.

Sensex ends 82 pts lower; Nifty slips below 11,800

Sensex ends 82 pts lower; Nifty slips below 11,800

Rediff.com25 Feb 2020

Sun Pharma was the top loser in the Sensex pack, shedding 2.37 per cent, followed by HCL Tech, Reliance Industries, IndusInd Bank and L&T.

ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt

ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt

Rediff.com5 Jul 2022

Tamil Nadu secured investments worth Rs 1.44 trillion on Monday by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects.

Index heavyweights lift Sensex, Nifty to lifetime highs

Index heavyweights lift Sensex, Nifty to lifetime highs

Rediff.com11 Jun 2021

Dr Reddy's was the top gainer in the Sensex pack, rising over 3 per cent, followed by PowerGrid, TCS, HCL Tech, Infosys and Reliance Industries. On the other hand, L&T, IndusInd Bank, Bajaj Finserv and Bharti Airtel were among the laggards.

L&T Infotech recalls 1,500 job offers

L&T Infotech recalls 1,500 job offers

Rediff.com31 May 2016

The withdrawal of offer letters is an indication that the company might have overestimated its future business after giving offer letters.

Sensex crosses 50,000-mark in morning trade

Sensex crosses 50,000-mark in morning trade

Rediff.com24 May 2021

Equity benchmark Sensex rallied over 300 points in opening trade on Monday, tracking gains in index majors HDFC twins, SBI and ICICI Bank amid mixed cues from global markets.

Mcap of BSE-listed firms touches all-time high of Rs 261.73 lakh cr

Mcap of BSE-listed firms touches all-time high of Rs 261.73 lakh cr

Rediff.com23 Sep 2021

The market capitalisation of BSE-listed companies reached an all-time high of Rs 261.73 lakh crore on Thursday, helped by a massive rally in the equities where the benchmark Sensex zoomed 958 points to end at a fresh lifetime peak. The 30-share BSE benchmark jumped 958.03 points or 1.63 per cent to settle at its new closing peak of 59,885.36. During the day, it gained 1,029.92 points to touch an intra-day record high of 59,957.25.

Sensex, Nifty end marginally lower on F&O expiry

Sensex, Nifty end marginally lower on F&O expiry

Rediff.com25 Jun 2020

Asian Paints was the top loser in the Sensex pack, shedding 3.30 per cent, followed by Infosys, HCL Tech, ONGC, M&M, TCS, IndusInd Bank and L&T. On the other hand, ITC, Kotak Bank, Bajaj Finance, HUL and ICICI Bank were among the gainers, spurting up to 5.45 per cent.

Sensex reclaims 40k-mark; Nifty tops 11,800

Sensex reclaims 40k-mark; Nifty tops 11,800

Rediff.com8 Oct 2020

Top gainers in the Sensex pack included Ultratech Cement, TCS, HCL Tech, Infosys, HDFC Bank and Sun Pharma.

Ask Ajit: Stocks to buy, hold or exit

Ask Ajit: Stocks to buy, hold or exit

Rediff.com2 Jun 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

'Can I invest in the stockmarket now?'

'Can I invest in the stockmarket now?'

Rediff.com19 Nov 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Sensex extends gains for 7th day; rallies 327 points

Sensex extends gains for 7th day; rallies 327 points

Rediff.com9 Oct 2020

ICICI Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, HDFC twins, SBI, L&T, ONGC and Infosys. On the other hand, Sun Pharma, Asian Paints, Nestle India, UltraTech Cement and HUL declined. NSE Nifty rose by 79.60 points or 0.67 per cent to 11,914.20.

Sensex slides by 135 points as markets fall for 6th straight day

Sensex slides by 135 points as markets fall for 6th straight day

Rediff.com17 Jun 2022

Market benchmarks gave up intra-day gains to close in the red for the sixth session on the trot on Friday, capping a bruising week which saw a massive dash for safety amid rate hikes by global central banks and fears of slowing growth.

TCS world's second most valuable IT brand, Infy fastest growing

TCS world's second most valuable IT brand, Infy fastest growing

Rediff.com27 Jan 2022

Infosys has emerged as the fastest growing IT services brand following 52 per cent brand value growth since last year and 80 per cent since 2020 to $12.8 billion, earning it third spot, the brand valuation consultancy said in its latest Global 500 IT Services Ranking report. TCS and Infosys have pushed IBM to fourth spot from second. IBM's brand value now stands at $10.6 billion, a decline of 34 per cent from last year and 50 per cent since 2020.

RIL, Infosys drag Sensex 740 points amid F&O expiry

RIL, Infosys drag Sensex 740 points amid F&O expiry

Rediff.com25 Mar 2021

Maruti was the top loser in the Sensex pack, shedding around 4 per cent, followed by Bharti Airtel, HUL, NTPC, Bajaj Finance, UltraTech Cement, ONGC and Reliance Industries. NSE Nifty declined 224.50 points to 14,324.90.