L&T INFRASTRUCTURE FUND
Look at infrastructure sector with practicality, not sympathy: Dinanath Dubhashi, L&T Finance
L&T Finance CEO Dinanath Dubhashi says data analytics and artificial intelligence is taking over the world of finance and if lenders keep sticking to old methods they will become dinosaurs.
Share market update: BSE Capital Goods index up; BHEL rises 3%
The S&P BSE Capital Goods index was trading 0.91 per cent up at 17612.95 .
Top intraday trading ideas for afternoon trade on Wednesday, January 29, 2020
Rajesh Exports is a 'Buy' call with a target price of Rs 750 and a stop loss of Rs 710.
SBI takes over as lead financier of Navi Mumbai Airport project
SBI has agreed to disburse a term loan and facilitate the much-delayed financial closure of the Rs 16,000-crore Navi Mumbai International Airport, to be built by the GVK Power & Infra-led consortium that runs the commercial capital’s current airport, which is India’s second busiest and most congested.
Corporates cut back on business with Oyo because of service, quality issues
Owing to multiple issues hovering around Oyo Hotels & Homes ranging from safety and security of women to service and quality issues, several companies including L&T Infotech, Vodafone Idea, TCS and others have cut back on their business with Softbank-powered Oyo. As a result, Oyo’s corporate business has stayed flat over the past one year.
Three expressways/green corridors to be completed in 3 yrs; 22 to be built at Rs 3 L cr: Nitin Gadkari
"We will complete the flagship Delhi Mumbai Express Highway in the next three years. The work will be done in 51 packages and work has already been started on 18. This will be India's longest expressway at 1,320 km and will reduce travel time between Delhi and Mumbai from 24 hours to 13 hours," the road transport and highways minister said.
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L&T raises Rs 1,000 cr via NCDs
The debentures are proposed to be listed on the NSE.
Mindtree may have to fight harder for deals: Experts
Management commentary that it would strive to win more managed services contracts has made some analysts concerned, who said it would have to compete against larger rivals with the shift. According to Aniket Pande of Prabhudas Lilladher, Mindtree has “historically excelled in discretionary spending, (and a) shift in managed services contracts is not their strength”.
L&T Q3 profit rises 15% to Rs 2,352 crore, misses Street estimates
Larsen & Toubro (L&T) on Wednesday reported a 15.2 per cent year-on-year rise in consolidated profit at Rs 2,352 crore for December quarter....
NCLAT sets aside insolvency proceedings against Raheja Developers
Earlier, on August 20 last year, the Delhi-based principal bench of the National Company Law Tribunal (NCLT) had directed to initiate insolvency proceedings against the company over the plea filed by one of its flat buyers citing delay in the project and appointed an interim resolution professional.
Buzzing stocks: Vodafone Idea, YES Bank, Axis Bank, L&T
Axis Bank (Rs 422.43 crore) was leading the pack of most active stocks in value terms.
Analysts positive on L&T post Q3 results; stock jumps 3%
The inflow guidance implies revenue of Rs 50,000-54,000 crore in the March quarter.
Street gives thumbs up to L&T for standing by its FY20 guidance
Most brokerages maintained their ‘buy’ rating on the conglomerate citing cheaper valuations.
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