News for 'Toubro'

Yuan move isn't electrifying power equipment cos

Yuan move isn't electrifying power equipment cos

Rediff.com23 Jun 2010

Companies such as Larsen & Toubro and Bharat Heavy Electricals Ltd believe the undervalued renminbi (yuan) gives Chinese goods an unfair advantage in Indian markets.

With eye on bank, L&T rejigs arms

With eye on bank, L&T rejigs arms

Rediff.com27 Sep 2010

The two arms of L&TFH are L&T Finance, with its retail, micro-finance and corporate loan portfolio, and L&T Infrastructure Finance.

Manufacturing cos look to kickstart ops post-lockdown

Manufacturing cos look to kickstart ops post-lockdown

Rediff.com8 Apr 2020

According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.

Sensex sheds 189 points on profit booking

Sensex sheds 189 points on profit booking

Rediff.com11 May 2010

The NSE Nifty finally settled 57 points lower at 5,136.

China killing Indian manufacturing: L&T chief

China killing Indian manufacturing: L&T chief

Rediff.com11 Jan 2010

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.

ASK AJIT: 'Want to invest Rs 20 lakh in 10-12 stocks'

ASK AJIT: 'Want to invest Rs 20 lakh in 10-12 stocks'

Rediff.com25 Feb 2021

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

A peek into Cochin Shipyard's mega future plans

A peek into Cochin Shipyard's mega future plans

Rediff.com12 Nov 2018

That includes the building of an anti-submarine warfare Corvette and an aircraft carrier for the navy.

L&T 'sensors' climate change

L&T 'sensors' climate change

Rediff.com8 Dec 2009

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.

3 Indian companies in Forbes' list of top 10 innovative firms

3 Indian companies in Forbes' list of top 10 innovative firms

Rediff.com10 Aug 2017

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.

Few takers for highway projects

Few takers for highway projects

Rediff.com17 Nov 2008

The government's ambitious highway projects under the public-private partnership mode are in serious trouble. Construction companies have either not put in bids or have withdrawn from 20 such projects, which fall under the build, operate and transfer scheme.

L&T okays Rs 9,000 crore buyback offer, its first in 80 years

L&T okays Rs 9,000 crore buyback offer, its first in 80 years

Rediff.com24 Aug 2018

According to current regulations, a company's buyback offer size cannot exceed 25 per cent of its paid up capital plus reserves

India Inc's Operation Desert Storm

India Inc's Operation Desert Storm

Rediff.com26 May 2010

The global Indian company has hit gold in the Emirates of the Gulf.

February dhamaka: Funds pump in Rs 100 bn in markets

February dhamaka: Funds pump in Rs 100 bn in markets

Rediff.com3 Mar 2018

'When you have surplus cash flow and markets correct sharply, what options do you have other than buying good stocks?'

Markets stage recovery after 400-point fall

Markets stage recovery after 400-point fall

Rediff.com17 May 2010

Engineering major, Larsen & Toubro, along with a slightly positive European market helped domestic bourses to recover from the day's low.

L&T to build the world's tallest statue in Gujarat

L&T to build the world's tallest statue in Gujarat

Rediff.com27 Oct 2014

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).

Early birds on a high post profits spike

Early birds on a high post profits spike

Rediff.com23 Jan 2010

Bharti Airtel and Larsen & Toubro may have struck a jarring note by turning in disappointing results, but India Inc as a whole has done fairly well so far in the third quarter ending December 2009.

Water treatment, access becomes fast-growing biz

Water treatment, access becomes fast-growing biz

Rediff.com11 Jan 2010

Orders are flowing for the water and wastewater treatment industry, as leading players in the domestic market such as VA Tech Wabag, Larsen and Toubro, Thermax and IVRCL Infra have bagged over Rs 2,500 crore (Rs 25 billion) worth of orders in the past two-to-three months.

L&T, Lanco face wrath of 'save river' campaign

L&T, Lanco face wrath of 'save river' campaign

Rediff.com28 Dec 2009

An investment of Rs 600-700 crore (Rs 6-7 billion) is expected in the project.

L&T, EADS announce JV for defence tech

L&T, EADS announce JV for defence tech

Rediff.com5 May 2009

The new company, which will be based in Palegaon near Pune, would aim at development, design, manufacturing and related services in the fields of electronic warfare, radars, military avionics and mobile systems for military requirements of Indian customers as well as the world market.

Satyam board shortlists six bidders

Satyam board shortlists six bidders

Rediff.com24 Mar 2009

These include B K Modi's Spice, Larsen & Toubro and Tech Mahindra. iGate, which had participated in the first round of bidding, backed out from completing the second round. Global majors like IBM are understood to have entered the second round, but this could not be independently confirmed. Other names floating include that of Hewlett-Packard and KKR Private Equity Investors.

Road PPPs: Finance ministry scraps bid limits

Road PPPs: Finance ministry scraps bid limits

Rediff.com25 Sep 2008

Under the RFQ, companies had to initially participate in technical bids based on certain minimum criteria such as net worth, experience and so on. Only five or six companies that scored the highest on this basis were then permitted to put in financial bids.

Govt to consider 17 new SEZ proposals tomorrow

Govt to consider 17 new SEZ proposals tomorrow

Rediff.com1 Jun 2009

The board of approval, headed by commerce secretary G K Pillai, will also consider requests from realty major DLF for de-notification of its IT-ITeS SEZs in Gujarat, Haryana, West Bengal and Orissa. Larsen and Toubro has proposed to set up an IT SEZ in Mumbai, while Gulf Oil Corporation has moved application for a similar tax-free zone in Bangalore.

What L&T learnt from Satyam

What L&T learnt from Satyam

Rediff.com29 May 2009

Sudip Banerjee, CEO, L&T Infotech talks about business post-Satyam, expansion plans and bigger acquisition targets.

L&T front-runner for Satyam buy

L&T front-runner for Satyam buy

Rediff.com22 Jan 2009

To present revival plan to board; Naik meets PMO official.

Uttarakhand stops L&T's Singoli-Bhatwari project

Uttarakhand stops L&T's Singoli-Bhatwari project

Rediff.com26 May 2009

The Uttarakhand government has asked Larsen & Toubro to stop work on its 99-Mw Singoli-Bhatwari hydel project in the hilly Rudraprayag district of the state.

L&T, GE Hitachi to build nuclear reactors in India

L&T, GE Hitachi to build nuclear reactors in India

Rediff.com20 May 2009

Engineering and construction major Larsen & Toubro has signed a memorandum of understanding with the US-based GE Hitachi Nuclear Energy, one of the largest nuclear power plant vendors in the world, for the construction of nuclear power plants in India.

L&T sees synergy with IT firm, but won't invest

L&T sees synergy with IT firm, but won't invest

Rediff.com10 Jan 2009

Larsen & Toubro, now one of Satyam's largest single shareholders with 4 per cent, sees a lot of synergy between the core strengths of the beleaguered software giant with those of L&T Infotech, its unlisted information technology subsidiary.

Tata Power, Essar Power, L&T opt out of Tilaiya

Tata Power, Essar Power, L&T opt out of Tilaiya

Rediff.com30 Dec 2008

Four companies, including India's largest private sector electricity generator Tata Power and infrastructure major Larsen & Toubro Ltd, chose not to bid for the Rs 16,000-crore ultra mega power project (UMPP) in Tilaiya in Jharkhand even as Reliance Power, Lanco Infratech and NTPC Ltd, the country's largest power producer, submitted their technical bids.

Four in race for Rs 10,000-cr tunnel in Kashmir

Four in race for Rs 10,000-cr tunnel in Kashmir

Rediff.com2 Jun 2017

The tunnel would provide all-weather connectivity between Srinagar and Leh-Ladakh

Infosys: Most admired Indian company

Infosys: Most admired Indian company

Rediff.com14 Aug 2009

The survey takes into account factors such as financial reputation, vision, corporate reputation, quality and innovation.

PE Big Bang: Record $8.2 bn investment in April-June

PE Big Bang: Record $8.2 bn investment in April-June

Rediff.com3 Jul 2018

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.

L&T asks Sebi to relax Satyam stake sale lock-in

L&T asks Sebi to relax Satyam stake sale lock-in

Rediff.com6 Aug 2009

Larsen & Toubro, India's largest engineering company, has sought permission from the market regulator to sell its 6.9 per cent stake in Mahindra Satyam, which is currently valued at around Rs 900 crore.

L&T bags Rs 5,300-cr ONGC deal

L&T bags Rs 5,300-cr ONGC deal

Rediff.com4 Aug 2009

Larsen and Toubro has outbid Hyundai, Samsung and NPCC to win two major offshore platform contracts from the Oil and Natural Gas Corporation, aggregating over Rs 5,300 crore.

Sensex breaks the 3-day winning streak

Sensex breaks the 3-day winning streak

Rediff.com18 Nov 2009

The NSE Nifty settled flat at 5,054. The market breadth was fairly positive, out of 2,843 shares traded, 1,599 advanced and 1,166 declined on the BSE.

L&T to sell a third of Satyam stake

L&T to sell a third of Satyam stake

Rediff.com13 Nov 2009

Engineering giant Larsen and Toubro (L&T) is selling a third of its 6.9 per cent stake in Mahindra Satyam, formerly Satyam Computer Services. The transaction is expected to fetch Rs 304 crore (Rs 3.04 billion) for the company, said banking sources.

Sensex halts four-day rally

Sensex halts four-day rally

Rediff.com10 Nov 2009

The Nifty ended at 4,882 -- down 17 points. The BSE market breadth was negative. Out of 2,808 stocks traded 1,460 declined while 1,290 advanced.

L&T may exit Satyam next week as lock-in expires

L&T may exit Satyam next week as lock-in expires

Rediff.com7 Oct 2009

The company aims to book a profit of over Rs 250 crore from the open market sale, said two sources familiar with the development.

L&T to recruit 10,000 in 3 yrs

L&T to recruit 10,000 in 3 yrs

Rediff.com7 Feb 2009

Engineering and construction major Larsen & Toubro would recruit nearly 10,000 people over the next three years for executing its various projects, company sources said on Friday.

Sensex rushes past 17,000

Sensex rushes past 17,000

Rediff.com30 Sep 2009

After a strong start to the week on Tuesday, the Sensex this morning opened 15 points higher at 16,868 amid subdued global cues.

L&T looking to buy Satyam?

L&T looking to buy Satyam?

Rediff.com20 Jan 2009

Engineering giant Larsen and Toubro, which acquired little over four per cent stake in Satyam in less than a month, is believed to have approached the government on Tuesday, evincing interest to buy the troubled IT company.