The Anil D Ambani group on Saturday stepped up its fight against L&T Finance and Edelweiss over their move to invoke pledged shares and sell them in the open market.The boards of three firms from ...

The Securities and Exchange Board of India (Sebi) has denied permission to a Rs 9,000-crore share buyback programme proposed by Larsen & Toubro (L&T).It was in August last year that the engine...

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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...

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 &...

The finance ministry plans to launch a global exchange-traded fund (ETF) to attract long-term investment from overseas large pension fund houses. The new ETF, which will be constituted after studying...

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...

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...

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...

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...