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Calcutta  /  Published 10.06.20

L&T to build new Tallah bridge

Larsen and Toubro (L&T) will build the new Tallah bridge, which could be ready for use by February 2022 if everything moves according to plan, officials of the public ...
By Subhajoy Roy in Calcutta

Business  /  Published 06.06.20

L&T board clears Naik extension

Larsen & Toubro on Saturday said its board has approved a proposal to re-appoint A.M. Naik as the non-executive chairman for a period of three years from October 1, 2020,Naik’s present tenure is...
By Our Special Correspondent in Mumbai

Business  /  Published 05.06.20

Larsen profit drops 6%

Engineering and construction major Larsen & Toubro (L&T) has recorded a 6 per cent fall in consolidated net profit for the March quarter of 2020.L&T posted a net profit of Rs 3,197.07 cror...
By Our Special Correspondent in Mumbai

Business  /  Published 22.01.20

L&T net rises

Engineering and construction major Larsen & Toubro (L&T) on Wednesday posted a 15 per cent rise in consolidated net profit at Rs 2,560.32 crore for the December quarter of 2019, helped by high...
By TT Bureau in Mumbai

Business  /  Published 23.09.19

Sensex soars over 1,300 points

Extending its euphoria over the government's economy-boosting measures, equity benchmark BSE Sensex soared over 1,300 points to reclaim the 39,000 mark in early session on Monday, driven by gains in i...
By PTI in Mumbai

Business  /  Published 06.07.19

Mindtree trio step down

Mindtree founders — Krishnakumar Natarajan, Parthasarathy NS and Rostow Ravanan — have resigned from the board and executive roles after Larsen & Toubro (L&T) gained majority control of th...
By Our Special Correspondent in Mumbai

Business  /  Published 26.06.19

Mindtree stake rejig

After Larsen & Toubro (L&T) acquired a controlling stake in Mindtree, the focus has shifted to the founders of the mid-sized IT services firm.The good response to L&T’s open offer has tr...
By Our Special Correspondent in Mumbai

Business  /  Published 16.04.19

Mindtree dividend bait

The board of Mindtree will consider a special dividend offer on Wednesday amid a debate on whether the company can engage in such an exercise when it is in the midst of a takeover battle with Larsen &...
By Our Special Correspondent in Mumbai

Business  /  Published 26.03.19

Mindtree drops share buyback plan

The mid-tier IT services player said the board held a long meeting on the prevailing situation at the company and decided to immediately constitute a committee of independent directors in the interest...
By Our Special Correspondent in Mumbai

Business  /  Published 20.03.19

Mindtree buyback doubt

The guessing game continued in the Larsen & Toubro-Mindtree saga as the board of the mid-tier IT services firm on Wednesday adjourned a meeting called to consider a proposal to buy-back its shares...
By Our Special Correspondent in Mumbai


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