LandT reels on Rs17,000-cr cut in order book, costlier funds

Larsen and Toubro Chairman A M Naik today said government's development agenda could take a backseat due to the forthcoming elections and India should be satisfied with a 6% growth this fiscal given the present

Larsen, India's biggest engineering company, expects order inflows to be up about 20 per cent this fiscal year, Naik said at a news conference. MUMBAI: Larsen & Toubro Ltd expects sales to rise 15-17 per cent for the fiscal year to March 2014, Executive ...

PTI reported that engineering and construction major Larsen & Toubro's chairman Mr AM Naik ruled out any immediate stake sale in Dhamra Port Company and said the ownership "is right now under status quo". Dhamra port was built in Bhadrak district in ...

Larsen & Toubro (L&T), India's largest engineering and construction company, on Wednesday reported around seven per cent fall in net profit to Rs 1,769 crore for the fourth quarter ended March 2013, as demand scenario and price competitiveness ...

Shares close 6% down as net falls 6.9%. L&T looks overseas to offset weak home market TEXT SIZE : A | A | A TOOLS Picture by Bloomberg RELATED STORIES Larsen and Toubro Ltd, India's largest engineering and construction group, will look overseas to ...

Indian shares fell for a third consecutive session on Wednesday, to mark their lowest close in almost two weeks after Larsen & Toubro slumped nearly six per cent as its orderbook guidance sparked worries about the health of the domestic economy.

About a year after buying (Dubal)s 24.5 per cent stake in Larsen & Toubros (L&Ts) Raykal Aluminium for Rs 200.7 crore, (VAL)s bauxite woes dont seem to end. The fact that Raykal is yet to receive a mining licence is holding up VALs acquisition of ...

According to three people familiar with the negotiations, L&T Infrastructure Development Projects (L&T IDPL) is in advanced negotiations to divest up to 20% stake to marquee investors, including Malaysian sovereign fund Khazanah. Abu ...

Larsen & Toubro (L&T) has decided to sell its 50 per cent stake to Japanese partner Komatsu in their hydraulic equipment manufacturing joint venture, L&T Komatsu. The Mumbai-headquartered firm desires to exit non-core businesses at a time its core ...