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Larsen and Toubro News
Larsen and Toubro
BIG BOOST to Maritime Forces! Rs 50,000 cr! THESE companies identified as strategic partners to build 6 new advanced conventional SUBMARINES for INDIAN NAVY
Fri, Jun 04, 2021
In a major boost to the firepower required in the next line of submarines, the Indian Navy is all set to be equipped with six new advanced conventional submarines.
Larsen & Toubro Infotech CFO Ashok Kumar Sonthalia resigns
Wed, Jan 20, 2021
IT firm Larsen & Toubro Infotech (LTI) on Wednesday said its chief financial officer Ashok Kumar Sonthalia has resigned from the company. "...The Board of Directors in its meeting held on January 19, 2021, inter-alia considered the resignation of Mr Ashok Kumar Sonthalia, CFO of the company, on account of personal reasons and accepted the same to be effective from close of business hours of January 25, 2021," a regulatory filing said.
L&T Finance's Restructuring under the OTR scheme stands around 1.50% of the overall balance sheet: Dinanath Dubhashi, MD & CEO
Tue, Jan 19, 2021
Dinanath Dubhashi, Managing Director & CEO, L&T Finance Holdings Ltd. talks about Q3FY21 numbers, recoveries and restructuring of the accounts among others during an interview with Swati Khandelwal, Zee Business.
Stocks to buy: Larsen and Toubro poised for upward move, analyst says; prices up 1 pct after fresh bullet train order
Thu, Nov 19, 2020
Larsen and Toubro stocks were trading in the green on Thursday and were up almost 1 per cent on Thursday, trading at Rs 1,160 on Nifty at 11:20 am. On Wednesday, Zee Business indicated positive triggers for this stock and the biggest trigger is the regular big order flows. The company has grabbed a big order for the High-Speed Rail Corridor
Stocks To Buy With Anil Singhvi: This stock will be backbone of stock market - Sanjiv Bhasin explains
Tue, Sep 15, 2020
In a chat with Zee Business Managing Editor Anil Singhvi during the popular TV Show ‘Bhasin Ke Hasin Share’, analyst Sanjiv Bhasin began by giving updates on his previous recommendations. The technical analyst said that IGL, which was suggested in a previous show has hit a high. Wipro and Motherson Sumi have also achieved their targets, he said
Larsen and Toubro power transmission, distribution biz bags 'large' contracts
Mon, Sep 07, 2020
Larsen & Toubro (L&T) on Monday said its power transmission and distribution business has bagged 'large' contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as per its project classification, "large" orders are those valued between Rs 2,500 crore and Rs 5,000 crore
Stock Markets Today: BSE Sensex, NSE Nifty gain in opening trade; LT, Tata Steel, TCS among gainers
Fri, Aug 14, 2020
After closing with marginal losses on Thursday, the stock markets today opened in the green. While the Sensex was trading at 38,440.29, up by over 129 points or 0.34 per cent soon after the markets opened, the broader market NSE Nifty 50 was trading 11,347.55, up by over 47 points or 0.42 per cent around this time
L&T Hydrocarbon Engineering bags over Rs 7,000-cr order from Saudi Aramco
Thu, Jul 18, 2019
L&T Hydrocarbon Engineering Limited (LTHE) has been awarded a Rs 7,000 crore order in Marjan Field by Saudi Aramco.
L&T buys VG Siddhartha, Coffee Day stake in Mindtree for Rs 3,210 crore
Wed, May 01, 2019
Infratsructure major Larsen & Toubro has purchased around 20 per cent stake of V G Siddhartha and Coffee Day in Mindtree through block deal for about Rs 3,210 crore.
MindTree row: After L&T's deal with CCD owner, let's look at hostile takeovers of India Inc - From Escorts to DCM, key accounts
Wed, Mar 20, 2019
L&T has bought the CCD owner VG Siddhartha's 20.4 per cent shares in the services firm MindTree. The deal has been inked at Rs 981 per shares that is worth Rs 3,300 crore.
PM Modi inaugurates Howitzer gun-making unit
Sat, Jan 19, 2019
Prime Minister Narendra Modi Saturday inaugurated the Armoured Systems Complex of Larsen and Toubro in Gujarat, the first private facility in the country where the K9 Vajra self-propelled Howitzer guns will be manufactured.
Top 5 stocks in focus on August 10: Jet Airways, Bhushan Steel to SBI, here are the 5 newsmakers of the day
Fri, Aug 10, 2018
Nothing seems to be stopping the domestic equity markets. On Thursday, the Sensex hit record highs and crossed the mark of 38,000 for the first time to close at 38,024.37. Similarly Nifty also went up to 11, 470.70 before closing.
Larsen and Toubro seals $2.1 billion deal to sell electrical unit to Schneider
Tue, May 01, 2018
Larsen and Toubro has agreed to sell its electrical and automation business to Schneider Electric SE for 140 billion rupees ($2.11 billion) in cash, it said on Tuesday. The deal, part of L&T`s plan to sell its non-core units, covers all segments of its electrical and automation business except marine switchgear and servowatch systems, the top Indian engineering group said in a statement.
L&T Hydrocarbon Engineering bags Rs 1,483 crore order from ONGC
Fri, Jan 05, 2018
The project, part of ONGC's strategy to jointly develop three small and marginal fields/blocks under 'Bassein Development 3 Well Platform and Pipeline Project', is scheduled to be completed by May 2019.
Sensex opens in green, flirts with 26000-mark
Wed, Nov 23, 2016
Top gainers on BSE were - Larsen & Toubro at Rs 1377.50 (3.63%), followed by Tata Steel at Rs 385.10 (1.88%), Power Grid at Rs 187.05 (1.60%), Asian Paints at Rs 921.45 (1.55%) and Sun Pharma Industries at Rs 695.50 (0.83%).
L&T Technology bags product support contract from semi-conductor firm; stock up 0.4%
Wed, Oct 19, 2016
L&T Technology Services announced on Wednesday that it has bagged a new multi-year, multi-million dollar contract with a global semi-conductor company. With this contract, the company will provide verification support on their expansive portfolio of offerings and products.
L&T's construction arm bags over Rs 3,700 crore railway project; stock up nearly 3%
Fri, Oct 14, 2016
L&T Construction, a construction arm of Larsen and Toubro (L&T), has bagged railway order worth Rs 3,799 crore from Dedicated Freight Corridor Corporation of India on Friday.
L&T synchronises first 660 MW supercritical thermal power project
Tue, Oct 04, 2016
Larsen & Toubro Limited (L&T) on Tuesday announced the synchronisation of its first 660 MW supercritical unit of the thermal power project in a period of 42 months and four days on October 2.
L&T's construction arm bags orders worth Rs 6,024 crore; stock up 1.33%
Mon, Oct 03, 2016
L&T Construction announced on Monday that it has won orders worth Rs 6,024 crore across its various business segments.