Coast Guard DIG B K Loshali has been sacked following a Board of Inquiry over his comments that contradicted the government's stand on the sinking of a Pakistan fishing boat last year.
L&T chairman AM Naik speaks about on his blueprint to simplify the 'complex' structure of the company.
The NSE Nifty ends at 4,619, up 53 points.
Larsen and Toubro Ltd said on Monday it has bagged Rs 800-crore (Rs 8 billion) contract from Reliance Industries Ltd for construction services and supply of electrical systems for its SEZ refinery and petrochemical project in Jamnagar, Gujarat.
The placement season has brought in positive cheer for students at the IIT Kharagpur this year.
Oil and Natural Gas Corporation has been adjudged the greenest company in the country, while Reliance Industries has been ranked second in a survey conducted by Business Today-ACNielsen ORG-MARG.
A M Naik, chairman and managing director of L&T, said the details, such as the size of the funds required for each of these companies and proposed dilution of the equity, were yet to be worked out.
Engineering and construction major Larsen & Toubro Ltd said on Friday it has bagged a Rs 368-crore (Rs 3.68 billion) order from a power generation company in China for supply of critical gasification equipment.
Thirty stocks from various sectors form the Sensex.
With Ola Corporate, aims to provide services to 10,000 firms by next year
Among the gainers, microfinance player Ujjivan Financial Services which made its stock market debut in May has seen the biggest rally in its share price.
Covering-up of pending short positions on expiry of the July derivatives contracts and a strengthening rupee propped up the markets at high levels
Seven students were made international offers.
The artillery pounds targets and keeps the enemy's head down, preventing them from firing at attacking troops.
Indian engineering and technology conglomerate Larsen & Toubro Ltd on Monday opened its first-ever electrical manufacturing facility abroad in the Chinese city of Wuxi.
Engineering firm Larsen and Toubro (L&T) on Friday said it has floated a power generation arm called L&T Power Development and would invest Rs 20,000 crore (Rs 200 billion) in the new company.
Larsen and Toubro has forayed into dredging business by acquiring 61 per cent stake in International Seaport Dredging\nPvt Ltd.
Larsen & Toubro has just announced a tie up with Sweden-based Scania to distribute its multi-axle trucks.
However, some of the provisions in the draft Bill needs scrutiny, as these could scare away international investors
Larsen and Toubro has decided to invest in Orissa in a big way partnering with other companies for establishment of a Rs 15,000 crore (Rs 150 billion) alumina-aluminium complex and a port designed to become India's biggest.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
In what could be a shot in the arm for the National Highway Development Programme, the National Highway Authority of India is all set to receive a windfall of Rs 471 crore
Gammon India and L&T were the only bidders left in the fray for the project
Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
Engineering major Larsen & Toubro will pick up nearly a 10 per cent stake in the Kumbakonam-based City Union Bank for Rs 45 crore.
Workaholic CEOs find their job appealing, but their subordinates find that appalling.
Larsen & Toubro Ltd said on Tuesday the country's leading housing finance company Housing Development Finance Corporation and HDFC India Real Estate Fund will acquire a 25 per cent stake in L&T Urban Infrastructure Ltd.
The layoffs have been done in businesses which are moving slowly due to various reasons including delayed execution
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.
The Sensex finally closed with a gain of 52 points at 7,944 on the first day of the Samvat year 2062.\n
Seen as a major initiative, the 'strategic partnership model' aims to create a vibrant defence manufacturing ecosystem in the country through involvement of both the major Indian corporates as well as the MSME sector.
Mumbai-based L&T Infotech, a part of the Larsen &Toubro group, is evaluating acquisitions of $50-200 million (close to Rs 200-820 crore) in the US, Europe and India in a bid to boost revenues.
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