L&T News

L&T acquires 33 lakh shares of Mindtree; its stake now up at 25.9%

Shares of Mindtree closed 0.19 per cent down at Rs 978.60 per share on Thursday at the BSE. L&T is in the midst of acquiring a majority stake in Mindtree, which the promoters of the latter are opposed to.

LTSE walks out of Mumbai monorail contract

MMRDA may have to take over till new contractor finalised; operations likely to be delayed further


L&T net jumps 19% in third quarter

Slight pick-up in orders from roads, power transmission sectors; operating profit margins at 10.30%.

...but capex cycle far from turning, as Q1 orders contract 15%

While a new government at the Centre could well convince corporates to move ahead with their growth...

L&T to build Statue of Unity, Centre grants Rs 200 crore

The Gujarat government’s 2014-15 budget also sanctioned Rs 500 crore for the Statue of Unity project.

MMRDA raps L&T for Parel mishap

Following a potentially serious mishap at a monorail construction site in Parel last week,MMRDA has slapped a penalty of Rs 25,000 and sent a showcause notice to Larsen & Toubro,the contractor


SUUTI closure deferred; govt can sell stakes in 3 private cos

Specified Undertaking of UTI holds stakes in ITC, L&T, Axis Bank

BSE Sensex rises 106 pts,hits one-month high on GDP growth,manufacturing data

BSE Sensex extends gains for the third straight session today.

BSE Sensex drops 42 pts to over week's low ahead of RBI policy review meet

The BSE Sensex fell 42 points amid profit booking today.

State to provide houses to 4,000 families in MHADA transit camps

The Maharashtra government has decided to provide permanent houses to as many as 4,000 families.