Search Results for: Larsen and Toubro

Sensex tumbles 305 points over fears of interest rate hike by US Fed

An increase in interest rate by the US Fed is generally expected to trigger flight of capital from emerging markets such as India.

May 19, 2016

World's single largest rooftop solar power plant inaugurated in India

Spread over a stretch of 42 acres, the renewable energy plant at Beas in Punjab will have a power generation capacity of 11.5 Mw.

May 18, 2016

Aramco awards Hasbah gas expansion contract to L&T and Emas AMC

Work on the expansion scheme includes building platforms and pipelines, with the field's supply feeding the Fadhili gas plant.

May 17, 2016

Sensex, Nifty gain on passage of Finance Bill 2016

Both the benchmark indices reversed a three-day losing streak as market sentiments were buoyed by the passing of the Finance Bill 2016.

May 5, 2016

INS Arihant likely to be inducted in May: Report

Once operational, INS Arihant will be the first indigenously built nuclear-powered submarine of the Indian Navy.

Apr 25, 2016

L&T Infotech takes back IPO draft prospectus

Parent company L&T cited "change in the offer structure and other considerations" as the reason behind the withdrawal.

Apr 12, 2016

Larsen & Toubro bags orders worth $370 million from Oman

The contracts involve EPC works for Petroleum Development Oman LLC at two of its gas producing facilities.

Apr 11, 2016

India's forex reserves slide from historic high

Foreign exchange reserves dropped $387.5 million in the week ended March 25, after hitting an all-time high of $355.94 billion in the preceding week.

Apr 1, 2016

L&T expects defence orders worth Rs. 50,000 crore in 3 years

The company is expecting orders in four areas of defence â€” guns and armoured vehicles, submarines, communications and ships.

Apr 1, 2016

FIIs remain net buyers of Indian equities in truncated trading week

During the three-day week, the S&P BSE Sensex gained 1.54 percent to close at 25,337 Wednesday.

Mar 24, 2016

Sensex crosses 25,000, Nifty above 7,700 on renewed hopes of rate cut

Hopes of a rate cut by the Reserve Bank of India increased after the government slashed small savings interest rates last Friday.

Mar 21, 2016

L&T bags projects worth Rs 1, 672 crore

The company has reportedly received multiple building and power & distribution contracts.

Mar 15, 2016

Sensex gains 135 points; Maruti Suzuki shares rise on made-in-India Baleno launch in Japan

Maruti Suzuki announced Wednesday launch of India-made Baleno in Japan and said the car will be exported to about 100 countries.

Mar 9, 2016

Budget 2016: Markets give thumbs down; Nifty closes below 7,000

The Sensex and Nifty had gained last year.

Feb 29, 2016

L&T mulls selling 49% stake in insurance business to foreign firm: Report

A Business Standard report said that the deal is likely to be finalised in the next three to six months.