L&T MUTUAL FUND
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.
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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 M...
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 raises Rs 1,000 cr via NCDs
The debentures are proposed to be listed on the NSE.
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.
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....
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.
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.
HSBC Securities maintains ‘Buy’ on L&T Finance Holdings, target price Rs 150
The brokerage said in the third quarter, L&T Finance delivered stable results despite an uncertain environment.
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.
Pay me Rs 2L/month, I’ll fix rly systems, scamster tells RPF
The main accused, Hamid Ashraf, who is in Dubai, has claimed that nabbing him or some people won’t put an end to the multi-crore rail e-ticketing rackets as others can develop similar ‘illegal’ software and use them by taking advantage of the security loopholes in IRCTC’s system.
L&T’s Ebitda margins improve to 11.3% in Q3; 5 key takeaways
L&T's consolidated profit increased 15.20 per cent year-on-year to Rs 2,352 crore.
L&T is idea of the year for Chakri Lokapriya. Here's why
It is a safe company with low expectations. If there is any weakness because of any poor execution in L&T Q3 results, it would be a buy because there is enough upside over next 12 months. When everybody is bullish on the economy, banks will be the ones to bet on with earnings growth and all slippages having come out.
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