As Unilever's COO, he is expected to take significant load off CEO Alan Jope, pushing growth across markets and driving go-to-market activities.
Uppal, Kotwal, Venkataramanan shortlisted for managing director's post; outsider not ruled out.
The Sensex ended lower by 63 points at 17,059 and the 50-share Nifty shed 16 points to close at 5,179 levels.
In financial year 2010-11, the likes of Larsen & Toubro, India Infrastructure Finance Company Limited, Power Finance Corporation and IDFC issued these in tranches.
Lawsuit has been brought on behalf of Deepa Shanbhag and 1,500 past and present women employees.
'I actually called Heath Mills 18 months ago and told him I was going to retire. He convinced me to take a little break'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In Friday's market rally post the corporate tax cut, the country's top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
The markets across the globe advanced after the European Central Bank announced a series of policy measures aimed at raising liquidity in European banks, easing concerns that an escalating debt crisis could trigger the collapse of European banks.
'If (by the end of the deal) the talent that owns the customer relationships is not there, will L&T still get the value it is looking for?'
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Alyssa Healy and Beth Mooney struck the highest scores in ICC Women's T20 World Cup final history as record-breaking Australia secured a famous fifth title on home soil, in Melbourne, on Sunday. A record-breaking attendance for a women's cricket match of 86,174 watched on as Australia downed first-time finalists India by 85 runs at the MCG, with the openers setting the tone for a clinical performance.
News of all that's transpired on and off the football field
L&T operates in 152 businesses, including nuclear reactors, power generation equipment, airports, oil & gas pipelines, roads, computer software and financial services.
Data shows of the 385 companies, which had announced their latest shareholding, fund houses cut their stake in about 200.
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)
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
The Rs 45,000-crore (Rs 450-billion) engineering & construction company is reviewing the future of some of its manufacturing JVs.
Veteran seamer Jhulan Goswami was named in the Indian women's team for the T20 tri-series involving Australia and England with Harmanpreet Kaur back as the leader.
Even if some of those projects remain on paper, the potential for manufacturers and engineering firms is too big to ignore
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.
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.
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).
Market breadth was positive; of 2,896 stocks traded on the BSE today, 1,496 advanced, while 1,275 declined.
Market breadth was positive, 1072 stocks advanced for 1683 stocks which declined.
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).
According to current regulations, a company's buyback offer size cannot exceed 25 per cent of its paid up capital plus reserves
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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.
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.
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.
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.
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.
