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GMR, Welspun, L&T among 102 private cos qualify for PPP in passenger trains
India’s Passenger Train Operations Project is the country’s first major public private partnerships (PPP) initiative under which railways ministry had invited Request for Qualifications (RFQ) for private participation in operation of passenger train services for 12 clusters which comprise more than 150 origin destination pair of routes through introduction of 151 modern trains.
L&T bags over Rs 7,000-cr order to construct part of Bullet Train Project
The approximately 508 km Mumbai-Ahmedabad High-Speed Rail project will cover Maharashtra, Union Territory of Dadra and Nagar Haveli and Gujarat, with 12 stations along the route. Upon completion, the high-speed rail will operate at a speed of 320 kmph, covering the entire distance in approximately 2 hours.
Railways receives 2.4 crore applications for 1.4L posts
A statement issued by the Ministry of Railways said, "It may be noted that RRBs had issued three centralised employment notifications for NTPC categories, isolated and ministerial categories and Level-1 categories for a total of about 1.4 lakh vacancies for various categories of staff."
L&T Infotech set to head higher on growth rate, return ratios
LTI has posted a three-year CAGR of 18.7% in sales and 16.7% in net profits, the highest among top seven Indian software firms. It has a good return on equity (ROE) track record — of 31.8% in three years: That’s next only to TCS, India’s second-most valuable firm.
L&T shares advance 5% as its unit bags biggest-ever order
The scope of the order includes supply of equipment and full maintenance contract for 60,000 hours of equipment operation.
Buy L&T Infotech, target price Rs 3480: Motilal Oswal
Larsen & Toubro Infotech Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 53846.60 Crore) operating in IT Software sector.
Centre seeks time for decision on appealing against Vodafone int'l arbitration award
Additional Solicitor General's reply came on the Delhi High Court's query raised on October 7 as to whether it intends to abide by the international arbitration tribunal's decision or will challenge it further.
L&T shares advance nearly 3% as company emerges lowest bidder for road bridge project
The engineering and construction giant emerged as the lowest bidder for a Rs 3,200-crore project to build a road bridge over the Brahmaputra river, according to an NHIDCL official.
Stocks to watch: Hindustan Zinc, L&T Infotech, HUL & Motherson Sumi
Here are the top stocks that are likely to be in focus in today's trading.Stocks to watch: Hindustan Zinc, L&T Infotech, HUL & Motherson Sum...
Stocks in news: ACC, L&T, HDFC Life, Rallis and more
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: ACC, L&T, HDFC Life, Rallis and more
Stocks in the news: HUL, L&T, Britannia, M&M, ACC and BPCL
Larsen & Toubro is close to bagging its largest order ever as it has emerged the lowest bidder to construct a significant part of the Ahmedabad-Mumbai bullet train project.
L’Oréal regroups geographic zones and puts an Indian on its global executive committee for the first time
Vismay Sharma, who has been appointed to head the newly-created SAPMENA (South Asia Pacific, Middle East and North Africa) zone is the first Indian to be nominated to the company’s global executive committee and will chair the office in Singapore, with effect from January 1, 2021.
Stock market update: Nifty IT index tanks 800 points! L&T Infotech dips over 6%
The index was trading 3.82 per cent down at 20985.85.
Why it's the right time for a contra bet on L&T
It is trading at a 50- 60% discount on the overall Nifty PE. It qualifies for a contrarian investor, says Sandip Sabharwal.
L&T Finance Holdings gets board's approval to raise Rs 3,000 cr via rights issue
The company said details of the rights issue, including price and entitlement ratio, will be determined in due course.