Expensive retail fuel can trigger inflation, hurting a fragile economic recovery. Devangshu Datta explains who loses - and gains somewhat - when prices rise
A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.
The Group order inflow for the quarter ended December 31, 2020 registered a strong growth of 76 per cent over the corresponding quarter of the previous year and stood at Rs 73,233 crore
Analysts at HDFC Securities forecast a 71.5 per cent sequential growth in Larsen and Toubro's consolidated net profit at Rs 1,980 crore for the quarter under review
In the past one month, L&T has outperformed the market by gaining 15 per cent as against a 6-per cent rise in the S&P BSE Sensex
Accounts for 7 per cent of cumulative revenues, 11 per cent of profits; ICICI Bank, L&T make it to top 10
The FICs delivered to the Coast Guard are 90-tonne vessels that can patrol the coastline at a scorching speed of 45 knots
Infrastructure major Larsen and Toubro (L&T) on Thursday said it has bagged an order worth over Rs 7,000 crore to construct a part of the Mumbai-Ahmedabad High Speed Rail (MAHSR), also known as the Bullet Train Project. The engineering and construction company, however, did not provide the exact value of the contract, but specified that as per its classification, the mega project is of over Rs 7,000 crore. The transportation infrastructure business of L&T Construction has secured mega contract from the National High-Speed Rail Corporation Ltd (NHSRCL) to construct 87.569 km of the MAHSR project, L&T said in a regulatory filing. The scope of the order includes the construction of viaducts, one station, major river bridges, maintenance depots, and other auxiliary works. The approximately 508 km Mumbai-Ahmedabad High-Speed Rail project will cover Maharashtra, Union Territory of Dadra and Nagar Haveli and Gujarat, with 12 stations along the route. Upon completion, the ...
Larsen & Toubro won the Company of the Year award and Wipro founder Azim Premji won the Lifetime Achievement award
At consolidated level, L&T reported net profit of Rs 1,410 crore, down 45 per cent YoY, excluding gains from asset sale, while net sales were down 12 per cent YoY
As long as Bharti Airtel's stock is able to defend Rs 440-mark, the upside bias may lead to upward rally towards Rs 480 and Rs 510 levels
Long build up is seen in the L&T Futures' till now in the October series where we have seen 23% rise in the Open Interest with Nifty rising by 10%
Margins could face some pressure in the near term
Infrastructure company Larsen & Toubro (L&T) on Wednesday said it has received multiple orders across various business segments in the domestic market. The company did not provide the value of the contracts but said the orders fall under the "large" category, which ranges between Rs 2,500 crore and Rs 5,000 crore according to its classification of contracts. "The construction arm of L&T has secured orders from prestigious clients for its varied businesses," L&T said in a regulatory filing. The company said its buildings and factories business has won orders from a reputed developer to construct a high rise residential project and an office space in Mumbai. The factories business has received an order from a leading global shipping and logistic company for the design and construction of warehousing logistics park at Mumbai and also secured an order for construction of 4,000 TPD (tonnes per day) capacity clinker plant in Odisha. It also received add-on orders for ongoing
Not just the employment market, the production and manufacturing markets are also expected to benefit from the project.
Infrastructure company Larsen & Toubro (L&T) on Monday said it has received multiple orders across various business segments in the domestic market. The company did not provide the value of the contracts but said the orders fall under the "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore according to the classification of contracts. "The construction arm of L&T has secured (significant) orders from prestigious clients for its varied businesses,"L&T said in a regulatory filing. The waterand effluent treatment business of L&T Construction has secured a repeat orderfrom Narmada Water Resources, Water Supply & Kalpsar Department,Government of Gujarat to execute the TapiKarjan Pipeline Link Irrigation Scheme, it said. The project envisages to irrigate 16,919 hectares of command area in the districts of Tapi and Surat in Gujarat by lifting 14.2 cubic meters per second (cumec) of water from the Ukai reservoir, the company added. L&T ...
The wet commissioning process starts with machine spinning of the turbines initially without generation of electricity
Infrastructure company Larsen & Toubro (L&T) on Thursday said its construction arm has received 'significant' orders for its metallurgical and material handling business The company did not provide the value of the contracts, but said the orders fall under the 'significant' category, which ranges between Rs 1,000 crore and Rs 2,500 crore according to the classification of contracts. "Metallurgical and Material Handling Business of L&T Construction has secured an order from Northern Coalfields Ltd, a subsidiary of Coal India Ltd (CIL), for a coal processing and load out package to be installed at the Dudhichua Mines located in Uttar Pradesh," L&T said in a regulatory filing. CIL envisions production to touch 1 billion tonne by 2023-24 to meet the country's demand for coal. The scope of work involves EPC (engineering, procurement, and construction) for a double stream coal sizing and transportation system covering semi mobile sizing system, high capacity specialty ...
In a Q&A, Anil Chaudhry says the combined business will actively contribute to make the country green and digital