Larsen & Toubro
TMT
L&T tightens grip on Mindtree as three top execs get board seats
Larsen & Toubro Ltd (L&T) has secured three seats on the board of Mindtree Ltd as the engineering giant presses ......
Infrastructure
Canada pension fund OMERS invests $122 mn in CPPIB-backed L&T InvIT
OMERS Infrastructure Management, Inc. has acquired a 22.4% interest in the infrastructure investment trust (InvIT) of L&T Infrastructure Development Projects ......
TMT
Larsen & Toubro Infotech acquires BPM solutions provider Ruletronics
Listed IT services firm Larsen & Toubro Infotech Ltd (LTI) on Thursday announced that it will acquire Ruletronics Systems, which ......
TMT
ChrysCapital makes another partial exit from infotech firm, clocks bumper returns
Homegrown private equity firm ChrysCapital has made another partial exit from its over two-year investment in a mid-tier infotech services ......
General
Schneider-Temasek eyes L&T unit; Aditya Birla Group may sell 20% in payments bank
A consortium of French energy management firm Schneider Electric and Singapore state investor Temasek Holdings is in talks with Larsen ......
Manufacturing
Govt raises $643 mn via stake sale in Larsen & Toubro
The government on Wednesday raised about Rs 4,158 crore ($643 million) by selling an about 2.6% stake in engineering giant ......
General
Tata boardroom war costs LIC $370 mn; should it be worried?
Since the ouster of Cyrus Mistry last month, many investors have been concerned about the value of their investments in ......
General
Economy round-up: Inflation slows, factory output shrinks, stocks slump
The week began on a pessimistic note on Monday with renewed fears of a rate hike in the US dragging ......
Manufacturing
L&T chief Naik hints company insider to be next chairman
The successor to AM Naik, group executive chairman at India’s largest engineering company Larsen & Toubro Ltd (L&T), will mostly ......