'When you have surplus cash flow and markets correct sharply, what options do you have other than buying good stocks?'
With passage of the nuclear liability Bill, the heavy engineering supply chain, led by Bharat Heavy Electricals Ltd (BHEL), Larsen & Toubro (L&T) and Bharat Forge Ltd (BFL), is gearing to take up the challenge ahead.
The Rs 2,460-crore project, an initiative of the Mumbai Metropolitan Regional Development Authority, is a modern urban transport where cars move on a single beam in an elevated corridor.
The BoA also allowed three developers, including Unitech Infopark, to surrender their SEZs, he said, adding they would have to pay back the tax concessions availed while executing the projects and other pending dues.
Companies such as Larsen & Toubro and Bharat Heavy Electricals Ltd believe the undervalued renminbi (yuan) gives Chinese goods an unfair advantage in Indian markets.
The two arms of L&TFH are L&T Finance, with its retail, micro-finance and corporate loan portfolio, and L&T Infrastructure Finance.
Germany's football association (DFB) is eager to extend the contract of national team coach Joachim Loew past the 2018 World Cup, DFB president Reinhard Grindel said on Monday. Loew, who has been in charge since 2006, coached Germany to the 2014 World Cup title and to a total of five straight semi-final appearances at World Cups and Euros, with his current deal running to 2018 and the World Cup in Russia. The 56-year-old, in charge for 138 matches so far, saw his team fail to win Euro 2016 after losing in the semi-final stage to hosts France in July but after hesitating a few days eventually said he would stay on as Germany coach to 2018.
The prospects of India becoming a credible manufacturer of defence platforms or major weapon systems for export are remote, says Vice Admiral Premvir Das (retd).
The NSE Nifty finally settled 57 points lower at 5,136.
Domestic 3rd quarter news weigh on sentiment. Analysts, however, saw some silver lining with European markets trading higher.
Private sector engineering major Larsen & Toubro has said that China is systematically killing Indian manufacturing sector and sought 25 per cent anti-dumping duty on Chinese goods.
While 2017 was a record year for private equity investments in India after $23.5 billion in 660 deals, 2018 too has begun with a bang.
Bayern Munich moved closer to a record-extending 30th league title after their Polish striker Robert Lewandowski ended a personal jinx in a 5-0 drubbing of struggling Fortuna Duesseldorf in the Bundesliga on Saturday. The result left leaders Bayern, who are chasing an eighth successive league title, top of the standings on 67 points from 29 games, 10 ahead of closest rivals Borussia Dortmund who visit bottom team Paderborn on Sunday.
The work order for Prime Minister Narendra Modi's pet project 'Statue of Unity' - the world's tallest statue of India's first home minister Sardar Vallabhbhai Patel, was issued by the Gujarat government on Monday, to leading engineering company Larsen and Toubro (L&T).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
L&T's gameplan is simple: if the government has committed to a 20-25 per cent cut in emission intensity, L&T has to aim for a much higher reduction, so that even if smaller companies take time to come up the curve, the average emission cut would reach the level that the government wants.
The tunnel would provide all-weather connectivity between Srinagar and Leh-Ladakh
