L&T Infotech said on Monday it has entered in a global strategic partnership with BMC Software to provide infrastructure management solutions such as data centre automation, IT service management and cloud computing management.
Larsen and Toubro (L&T) has moved higher by 2% at Rs 1,187 after the company said L&T Construction has bagged new orders valued Rs 744 crore during the first quarter of 2012-13 so far.
L&T today said it has bagged new orders worth Rs 2,592 crore in the first quarter of this fiscal in various segments, including commercial and residential buildings.
Shares of engineering major Larsen & Toubro (L&T) fell 3.51 per cent on Thursday after Nomura downgraded the company’s stock to ‘reduce’ from ‘buy’ and halved its price target citing unfavorable macro-economic
Shree Cement is one of the most cost efficient cement producers in India, best positioned to manage downturn in the cycle. The company's 4QFY12 operating performance was above estimates.
The company is planning to enter Indonesia, Iraq, Brazil and CIS countries in FY13 to raise its international business, which currently contributes 18% to 25% and offset any possible shortfall in domestic operations.
Engineering company Larsen and Toubro Ltd (L&T) on Monday said it expected a 15-20 per cent growth in order inflow and revenue in the current financial year, as the company reported a 13 per cent jump in net profit to Rs 4,456 crore for 2011-12,
Larsen & Toubro (L&T) surprised the market positively with its revenue and profit performance in the fourth quarter. The Street was expecting the company to exit the financial year with a profit after tax of Rs 1,657 crore.
Larsen and Toubro (L&T) has rallied over 5% to Rs 1,198, bouncing back 8% from day’s low on reporting a better-than-expected a 14% year-on-year (y-o-y) growth in net profit at Rs 1,877 crore for the quarter ended March 2012. Analysts on average
Engineering and construction major Larsen & Toubro (L&T) today reported a growth of 13.89% in its standalone net profit at Rs 1,920.41 crore for the quarter ended March 31, 2012, largely on the back of improved order inflows.
L&T Metro Rail (Hyderabad) Limited (LTMRL) has selected Keolis SA of France as an O&M contractor for operating and maintaining the Rs 16,375-crore Hyderabad Metro Rail System (HMRS).
Engineering major Larsen & Toubro (L&T) has approached the Mumbai high court against the Maharashtra government for the recovery of stamp duty of Rs 64 crore in connection with the development of integrated complex at Seawoods railway station at
The Comptroller & Auditor General of India (CAG) has said the Maharashtra government’s City and Industrial Development Corporation (Cidco) extended undue benefits of about Rs 464 crore to Larsen & Toubro (L&T) on incomplete projects on
The financial performance of companies in the infrastructure segment (construction, capital goods and power) is expected to disappoint in the January–March 2012 period, despite this historically being the busiest and most active quarter.
The Larsen & Toubro (L&T) stock, which underperformed the broader market between July and December 2011, has delivered significantly higher returns (up 30 per cent) in 2012, compared to 11-13 per cent by the Sensex and Bharat Heavy Electricals
L&T Construction, a subsidiary of the Larsen & Toubro conglomerate has commissioned India's largest solar phot voltaic-based power plant (40 MWp) owned by Reliance Power at Jaisalmer, Rajasthan, the firm said in a filing to the Bombay Stock
Engineering major Larsen & Toubro today said it acquired UK-based Thalest, which offers various solutions for naval and mercantile marine ships, for an undisclosed sum.