Nifty IT Index Up 0.3% in Upbeat Market
Around 11:00 am on Friday; the Nifty IT index rose in an upbeat market. HCL Technologies (+0.55%), Infosys (+0.45%), L&T Technology (+0.44%), Mindtree (+0.39%) and...
Tag : l&t
HAL-L&T Wins Rs 860 Crore Contract to Build 5 PSLV Rockets
The Hindustan Aeronautics Ltd–L&T consortium has won an Rs 860 crore deal from NewSpace India Limited to build five rockets, marking the industry’s foray into...
IndiGo Hopes for a Profitable Growth: CEO
As the aviation crisis, primarily created due to pandemics, seems to end, IndiGo expects hopes for better growth. IndiGo’s revenue performance remains strong, and there...
Larsen & Toubro Bags Order to Build Data Centres in Mumbai
L&T’s construction and factory business has received orders to build 10.8 MW capacity data centres in Mumbai and Navi Mumbai for prominent players in the...
Indian Oil, L&T & ReNew to Form JV to Develop Green Hydrogen Business
Indian Oil, L&T and ReNew Power are planning to create a joint venture (JV) to develop a green hydrogen business in the country, a joint...
BSE Sensex Ends Above 47k Mark, Up 1.14%
Indian benchmark equity indices ended higher on Monday for the fourth straight session tracking positive from global markets. Sensex ended at 47,353.75, up 380.21 points...
Mindtree Appoints Cognizant's Debashis Chatterjee as CEO
Indian IT services firm Mindtree Ltd on Friday named former Cognizant executive Debashis Chatterjee as its new managing director and chief executive officer. S.N. Subrahmanyan,...
MindTree Dives 11 Percent After L&T Takeover
Shares of MindTree plunged nearly 11 percent in morning trade on Monday after the company’s founders Krishnakumar Natarajan, Parthasarathy NS, and Rostow Ravanan resigned from...
NBCC Crisis Force Up Yields On NCDs To 10-15%
Investors with a risk appetite could consider investing in some of the non-convertible debentures (NCDs) available in the secondary market, as these could give a...
L&T Takeover Offer ‘Fair & Reasonable’ Says Mindtree Maverick Directors
Independent Mindtree’s directors have said that engineering conglomerate Larsen & Toubro’s offer of Rs 980 for the IT company’s shares ‘appears to be fair and...