Page 7 - Larsen & Toubro L&t

Covid-19: L&T board members take pay cut of up to 53%, Naik sees hope in H2

Naik takes 24% cut; company to take up Rs 4,500 cr fundraising at AGM

L&T Infotech's PBT rises 16.9% to Rs 558.9 cr in Q1, revenue up 18.7%

The net profit for the quarter ended June 2020 (Q1FY21) rose 17.1 per cent year-on-year to Rs 416.4 crore on account of lower operating expenses.

Central Vista project: 7 companies submit pre-qualification bids

The CPWD, a prime construction agency of the central government, said the new building will be constructed at plot number 118 of the Parliament House Estate

Mindtree PBT more than doubles in Q1; revenues up 4.1% to Rs 1,908.8 cr

Revenue of the firm grew 4.1 per cent year-on-year to Rs 1,908.8 crore during this period though it declined 6.9 per cent sequentially

Signs of green shoots? Seven firms bag orders worth Rs 42,000 cr in Q1

Industry executives and analysts said most of this new order activity was a spillover, and fresh project finalisation remains weak

Committed to achieving self-reliance for the domestic industry: L&T

The L&T chief added, "We can drastically reduce our dependency on imported products including those from China by putting processes and systems in place"

Larsen & Toubro trades higher for fourth straight day; stock surges 7%

L&T said its construction arm secured large orders from prestigious clients for its various businesses.

Prove financial capability: Cidco puts GVK in dock over Navi Mumbai airport

Cidco's queries to GVK group on its financial health comes as the latter has been unable to secure funds from banks and start work on the project.

L&T Q4 preview: Analysts see muted nos amid Covid-19; order inflow eyed

Usually, Q4 is an execution-heavy quarter for capital goods players, but the lockdown has affected execution and deliveries for most companies.

Domestic capital goods companies seek price preference policy from Centre

Companies like Siemens suggest the government needs to reduce the cost of doing business to ensure domestic firms grow

Defence reforms: Indian manufacturers looking to ride the opportunity

FM Nirmala Sitharaman had announced a series of measures to boost investments in India's defence and aerospace sector last week as part of the tranche 4 of the Rs 20 trillion economic stimulus

All for liquidity: Watch every rupee, chase dues, and refinance debt

Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs

Covid-19: Order inflow a concern for capital goods, construction companies

In a two-part series, Business Standard takes stock of order books of infrastructure companies and whether they will be able to withstand the lockdown-induced economic slowdown

L&T defers salary appraisals over Rs 12,000 cr billing loss since lockdown

Analysts raise concerns over Q1 show, firm to shift focus to Africa as West Asian market turns weak

Lockdown 2.0: Some respite for construction firms, but road ahead is long

Companies with stronger balance sheet and early cycle plays like L&T, J Kumar Infra, IRB Infra, Sadbhav Engineering and NCC though may be considered on dips, say analysts

Larsen & Toubro to now manage communication network of armed forces

The final step was taken when L&T secured a coveted order to create the software backbone that ill manage the AFN

L&T gets orders worth Rs 27,000 cr from domestic clients in April so far

Analysts see these order wins as spill-overs from the quarter ended March, 2020

Larsen & Toubro gains for seventh straight day; stock up 19% in 2 weeks

Thus far in April, the company has won three 'large' and one 'significant' and 'major' contracts in India and abroad

Larsen & Toubro gains 5% on winning 'major' contracts, fund raising plan

In the past five trading days, L&T's stock has gained 10 per cent, as compared to 8.9 per cent rise in the S&P BSE Sensex

Larsen & Toubro gains for second straight day on winning two large orders

With the past two days' gain, L&T's stock has recovered 26 per cent from its multi-year low of Rs 661, touched on March 25, 2020