Search Results for: Larsen and Toubro

L&T's Rs 10,733 crore bid for Mindtree not a 'hostile takeover', says CEO Subrahmanyan

Urging Mindtree promoters to get over emotions and move forward, Subrahmanyan vows there will be no merger for 'some time'.

Mar 20, 2019

Mindtree may tap institutional investors to beat L&T's hostile takeover bid

L&T is in an advanced stage of talks for buying Café Coffee Day founder VG Sidhartha's stake in Mindtree; co-founder Bagchi quits state job to join the battle.

Mar 18, 2019

Mindtree mulls share buyback programme to fend off L&T's hostile takeover bid

IT services company may spend Rs 1,000 crore to acquire shares while one of the largest shareholders Sidhartha is talking to firms including L&T to offload shares.

Mar 16, 2019

L&T gets ready for hostile bid on Mindtree amid talks for Siddhartha's stake

The CCD founder has raised loans from various lenders amounting to about Rs 3,000 crore that equals the entire value of more than 20% stake he controls in Mindtree.

Mar 13, 2019

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Indian IT industry hired over 1 lakh engineers in 2018 - four times more than 2017

The $167 billion IT services industry in India has a workforce of 3.7 million people.

Feb 11, 2019

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New Zealand announces T20 squad for series against India; include 2 uncapped players

Trent Boult is rested with the World Cup in mind as the selectors want to manage his workload. Lockie Ferguson will miss the final match.

Jan 30, 2019

L&T's Rs 9,000 crore mega share buyback plan hits Sebi compliance hurdle

L&T sought the regulatory nod for the share buyback in compliance with the required debt-equity ratio on the basis of its standalone financial statements.

Jan 20, 2019

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Budget expectations, Q3 results to guide Indian equities

The NSE Midcap Index has closed at a five-week low and is beginning to witness broad-based selling. Nifty on the other hand has been able to eke out gains based on a select few bluechip stocks.

Jan 20, 2019

An architectural model for a proposed new terminal at Bangalore International Airport Limited (BIAL)

Bengaluru Airport expansion plans to cost Rs 13,000 crore; All you need to know

The construction work for terminal two (T2) has already begun and the second runway will be operational from October 1, 2019, which will cater to all types of aircraft.

Jan 11, 2019

Credit offtake jumps to 47-year high even as deposits remain sluggish

RBI data highlights that credit jumped 15.1% in December, as against a year earlier, while deposits increased 9.2% during the same period.

Jan 11, 2019

L&T Finance Holdings' N. Sivaraman appointed as IL&FS COO

Sivaram is a veteran in the financial management of the asset companies. He was associated with the construction behemoth Larsen and Toubro group for a period of 34 years.

Dec 4, 2018

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Job market to see 4% spurt in FY2019; IT, retail and health to witness robust hiring

The FY18 has been the slowest year with regard to hiring in the last four financial years.

Nov 12, 2018

Statue of Unity: Dark side of 'world's tallest statue' has tribal leaders arrested, farmers fuming

The statue cost about Rs 3,000 crore and half of it was paid by the state government of Gujarat.

Oct 31, 2018

Sardar Vallabhbhai Patel's statue inauguration LIVE: PM Modi dedicates Statue of Unity to the nation

Iron was procured from around the country to commemorate the 'Iron Man of India'. The statue is situated in Gujarat, 3.2 kms downstream the Narmada Dam.