Engineering giant Larsen & Toubro (L&T) is looking to divest its exposure to road and power concessions and incubate digital and e-commerce businesses as part of its new five-year plan ending 2025-26 (FY26). The base year for the plan is 2020-21 (FY21). The blueprint, called Lakshya 2026, is intended to help the company exit sub-scale businesses, concentrate on high-technology (tech) manufacturing, construction and green energy projects, and increase its share from information technology (IT) and digital services. The lending operations of the financial services business, meanwhile, will be reorganised, with focus on retail lending.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
Kylian Mbappe could even be sold this summer as PSG will seek to prevent him from leaving for free.
'Trust me, the comeback of Leo Messi only depends on him.'
Sesil Karatantcheva failed a doping test during the French Open, L'Equipe reported
Tennis star Novak Djokovic's bid to win a record-breaking 21 men's Grand Slam titles at the Australian Open ended on Sunday with a court decision to uphold the government's cancellation of his visa.
The French midfielder plans to sue Paris Saint-Germain in a labour tribunal after being sacked following a row with the manager.
WTA Finals winner Garcia says she struggled with bulimia
The youngsters in the side couldn't have got a better mentor than 'King' Kohli himself to guide them with his words of wisdom.
Lance Armstrong has denied taking steroids following a report that he had used the blood-boosting drug EPO in 1999
The 32-year-old is expected to announce his decision officially at 1745 GMT on Thursday.
In a major boost to its fire power, the Indian Army has deployed a sizeable number of upgraded L70 anti-aircraft guns in the high mountains along the Line of Actual Control in Arunachal Pradesh in addition to its existing M-777 howitzers and Swedish Bofors guns, officials said on Wednesday.
While the exterior has undergone minor refinements, the real improvements lie within, notes Rajesh Karkera/Rediff.com.
Peng could be seen in the stands wearing a black knit hat with the Olympic rings on them and a black coat with the Chinese flag.
The move towards indigenisation of defence procurement creates new opportunities for India's military industrial sector. The Government of India (GoI) has so far released five lists of items for positive indigenisation - these should be manufactured in India, rather than imported. Each item on these lists represents an opportunity for some local firm.
Coach Laurent Blanc parted ways with Paris St Germain, putting pen to paper on a 22-million-euro ($25 million) severance deal.
According to French sport daily l'Equipe, Morientes has been offered a five-year contract by the English club.
Al Hilal, managed by Portuguese coach Jorge Jesus, play Al Fayha on Saturday with Neymar expected to wear the number 10 shirt.
Messi was named the top-earning footballer in the world by French newspaper L'Equipe earlier this year, claiming an estimated 8.2 million euros ($9.97 million) per month from Barca.
Cristiano Ronaldo will serve his suspension before making his league debut for his new Saudi Arabian club Al Nassr but he could play against Paris St Germain in a friendly this month.
The Indian Army is looking at deploying over 350 light tanks, mostly in the mountainous border areas.
UEFA president Michel Platini, freshly embroiled in the FIFA scandal over a 1.8-million euro payment he received from president Sepp Blatter, called the French sports ministry to insist he had done nothing wrong.
'If you take any ministry of defence project, Nibe is up there, getting orders.'
Vital ways to keep your New Year resolutions alive and kicking through the year.
Taapsee, Vikrant, Sunny are a fine fit on their own as well as around each other and prove themselves to be well equipped to survive the air of double dealing. What's missing is sizzle, feels Sukanya Verma..
The PSG frontline is already formidable, with Messi's former Barca team mate Neymar and young France striker Kylian Mbappe seen as two of the best players on the planet.
The contracts for the procurement of the platforms and weapons systems were signed in the presence of Defence Minister Rajnath Singh and defence secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.
Companies such as Larsen & Toubro and Bharat Heavy Electricals Ltd believe the undervalued renminbi (yuan) gives Chinese goods an unfair advantage in Indian markets.
Hugo Lloris, announced his retirement from international football aged 36
The government has taken a slew of steps to boost the sales of electric two-wheelers and three-wheelers under its Electric Mobility Promotion Scheme (EMPS) 2024, which includes allowing manufacturers to upload claims twice a month and gives them a 120-day window to submit it. The Rs 500-crore scheme -- which had replaced the flagship Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme-- comes to an end on July 31st.
Wearing a T-shirt that read "This is Paris," Messi beamed and waved at scores of fans who had come to greet him at Le Bourget airport on the outskirts of the French capital after his flight from Barcelona.
Run by a former cricketer and son of India's military heroes, Mike's Forest Retreat is an ode to all that we hold dear.
Shifting the focus to its next space odyssey after successfully placing a lander on the moon's uncharted South Pole region, the Indian Space Research Organisation (ISRO) chief S Somanath on Saturday said that the country's maiden solar mission Aditya-L1 is ready and will be launched in the first week of September.
Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.
'For the Premier League, it would be great having the best player in the world in the league. I'm not sure the Premier League needs a boost but it would be.'
Zinedine Zidane is taking the first steps towards possibly managing the French national team in the future by joining coaching programme at the French Football National Institute (INF).
For India, the biggest disappointment was the poor showing of their senior most players Rohit Sharma, Virat Kohli and Ravichandran Ashwin.
If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.
'We're monitoring the situation on a daily basis and we'll adapt if we have to.'
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.