L&T

The National Green Tribunal (NGT) stayed the Rs 72,000 crore Great Nicobar Development Plan, which includes the project for building a trans-shipment hub

Stocks to Watch: Shares of city gas distributors are likely to be in focus today as they react to government's nod for new pricing regime.

As per company's classification, orders ranging between Rs 2,500 crore and Rs 5,000 crore fall in the category of large orders

Stocks to Watch: Hero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month

L&T Technology Services (LTTS) on Thursday announced a new Centre of Excellence (CoE) in Mysore, Karnataka, that leverages the power of the cloud with Amazon Web Services (AWS). The CoE will allow L&T Technology Services to transition its suite of technologies focused on the future of mobility and reduce time-to-market for end customers. "By leveraging AWS infrastructure, LTTS will provide an opportunity to use AWS to support the automotive domain," according to a release. Backed by its engineering domain expertise in Electric, Autonomous, and Connected Vehicles (EACV), LTTS has been helping original equipment manufacturers (OEMs) to develop next-generation vehicles and aircraft that have tailored solutions focused on safety and security. "The new CoE will leverage LTTS' cross-disciplinary skillsets covering embedded, mechanical, and digital facets of engineering," the release added. LTTS has been actively working with global technology companies like AWS to bring digital ...

Stocks to Watch: MSCI has started a free float review of Adani Group securities and it believes certain Investors should no longer be designated as free float

Companies in metals, mining, energy transition, airports and data centres have driven orders from the private sector in recent quarters, says CFO R Shankar Raman

CLOSING BELL: Broader markets, too, remained upbeat throughout the day as Nifty MidCap 100 and Nifty SmallCap 100 outperformed benchmark indices to close up to 2 per cent

Stocks to Watch today: Stock exchanges BSE and NSE on Monday revised the circuit limits for three Adani group companies - Adani Total Gas, Adani Transmission, and Adani Green Energy - from 20% to 10%

Bloomberg consensus estimates had pegged L&T's net profit for Q3 at Rs 2,570 crore, reveals data compiled by BS Research Bureau

Stocks to watch today: In a 413-page document, Adani retaliated against the American short-seller, saying the document was a "malicious combination of selective misinformation and concealed facts"

The business transfer to L&T Technology Services will be on slump sale basis

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Developing infrastructure should be the govt's top priority, says L&T chairman

Closing Bell: Nifty IT fell 2 per cent followed by 0.7-1 per cent cuts each in Bank, Financial, Metal, Realty and Pharma indices. FMCG and Consumer Durables outperformed with fractional gains

Stocks to watch today: Sebi has acceded to the central government's request to reclassify its shareholding in IDBI Bank after its disinvestment as "public holding"

L&T Realty Developers Ltd, a subsidiary of L&T, has agreed to sell its complete stake in Think Tower Developers Pvt Ltd, the engineering and construction conglomerate said on Thursday. The agreement is expected to complete on January 30, which is subject to the completion of closing conditions. "L&T Realty Developers Ltd, a wholly owned subsidiary of Larsen & Toubro Ltd, has entered into an agreement to sell its entire stake of 99 per cent in Think Tower Developers Private Ltd, a subsidiary company (TTDPL), on January 5," Larsen and Toubro (L&T) said in a regulatory filing. TTDPL will cease to be a subsidiary company, the filing added. "The entire stake held by L&T Realty Developers Ltd in the company is being sold to Pratik Harshad Kalsariya, who does not belong to the promoter group," the company said.

Stocks to watch today: Maruti Suzuki India recorded a 16.5 per cent YoY decline in production volume for passenger vehicles in December 2022

The company did not disclose the exact value of the orders. The value of the project is between Rs 1,000 crore to Rs 2,500 crore, as per L&T

The objective is to reduce the Rs 18,000-crore debt on the books of these firms, said D K Sen, whole-time director and senior executive vice-president (development projects), L&T