Five Indian companies, including Hindustan Unilever and Tata Consultancy Services, are among Forbes' list of the world's 100 most innovative companies that investors think are most likely to "generate big, new growth ideas".
The international strategy of Larsen & Toubro, the country's largest engineering and construction company, hasn't quite worked the way it had wanted. It hydrocarbon division reported a Rs 900 crore loss in the June quarter.
Larsen & Toubro has come under fire from analysts and investors after its first quarter results for FY15. L&T's group Chief Financial Officer R Shankar Raman explains the company’s point of view in an interview with Malini Bhupta.
Larsen & Toubro (L&T) will strengthen its project management team and go in for subcontracting instead of hiring local staff in the Persian Gulf, following a Rs 942-crore pre-interest and tax loss in the hydrocarbon segment in the last quarter.
Following a Rs 942 crore pre-interest and tax loss in hydrocarbon segment in the last quarter, Larsen & Toubro (L&T) has decided to strengthen its project management team and will go for sub contracting instead of hiring local staff in the Gulf
FMCG giant ITC is India's most admired company, followed by engineering major L&T and Hindustan Unilever Ltd, according to a list compiled by Fortune India with global management consultancy Hay Group.
Market gave a thumb down to engineering major Larsen and Toubro’s June quarter numbers. At the opening bell the stock fell the most in five years after the company posted a net profit of Rs 967 crore for April-June quarter.
Prime Minister Narendra Modi's new government on Thursday unveiled its first budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how it would cap the big fiscal deficit.
Leveraging the impressive IT growth and investment climate at Infopark here, Lulu Group has decided to invest Rs 350 crore to further develop the L&T Tech Park which they recently acquired for Rs 150 crore.