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L&T

L&T Q1 Results Today: What to Expect from the Earnings Report

L&T Q1 Results Today: What to Expect from the Earnings Report

Thu, Jul 25, 2024

L&T's June quarter results will come today. How will be the income in Q1, what is the estimate regarding profit? Know the complete research..

Nifty Call: What stock market experts are advising investors - Check stop loss and target

Nifty Call: What stock market experts are advising investors - Ch...

Mon, Sep 09, 2019

Nifty Call: Stock market experts are advising investors to 'buy Nifty Call' with a stop loss of 50 points below the current levels for the next target of 11,200.

Teacher Day Stock: Share market experts speak on Indianbulls Housing Finance, Tat Motors, Reliance Industries and L&T stocks

Teacher Day Stock: Share market experts speak on Indianbulls Hous...

Thu, Sep 05, 2019

STock market experts are finding Indiabulls Housing Finance at discounter levels and suggest to take sell position in the NBFC counter while Reliance Industries or RIL, Tata Motors and L&T stocks are strong and showing upside bias.

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Mindtree not to buy back shares after L&T open offer

Mindtree not to buy back shares after L&T open offer

Wed, Mar 27, 2019

Global software major Mindtree on Tuesday decided not to proceed with its proposal to buy back its shares after infrastructure major Larson and Toubro (L&T) made an open offer to acquire 31 per cent of equity capital for Rs 3,050 crore.

Mindtree promoter resists, L&T stays firm for takeover: Here’s where stocks are headed

Mindtree promoter resists, L&T stays firm for takeover: Here’s where stocks are headed

Tue, Mar 26, 2019

Together they translate an acquisition of 66.3% stake by L&T in Mindtree. Overall, the cost of acquisition for L&T is seen to be at Rs 10,733 crore.

Be a bull! Get 30% returns in 3 months - This stock may become a money magnet for your investment kitty

Be a bull! Get 30% returns in 3 months - This stock may become a money magnet for your investment kitty

Fri, Mar 22, 2019

Experts are of the opinion that due to the inevitable L&T and MindTree merger, L&T Infotech stocks may show Rs 2,160 — 30% above current levels — in two to three month time.

MindTree row: After L&T's deal with CCD owner, let's look at hostile takeovers of India Inc - From Escorts to DCM, key accounts

MindTree row: After L&T's deal with CCD owner, let's look at hostile takeovers of India Inc - From Escorts to DCM, key accounts

Wed, Mar 20, 2019

L&T has bought the CCD owner VG Siddhartha's 20.4 per cent shares in the services firm MindTree. The deal has been inked at Rs 981 per shares that is worth Rs 3,300 crore.

Mindtree finds 'some irregularities' in Coffee Day promoter V G Siddhartha's disclosures

Mindtree finds 'some irregularities' in Coffee Day promoter V G Siddhartha's disclosures

Wed, Mar 20, 2019

IT company Mindtree Tuesday said it had found certain irregularities in disclosures made by Coffee Day promoter V G Siddhartha, who sold stake in the company to L&T, and had taken action against him as per the law, according to a top official of the Bengaluru-based IT firm.

Mindtree takeover not hostile, but an act of love: Larsen & Toubro

Mindtree takeover not hostile, but an act of love: Larsen & Toubro

Tue, Mar 19, 2019

L&T bought 20.4 per cent stake in Mindtree from Cafe Coffee Day founder V.G. Siddartha for about Rs 3,300 crore and expressed its intent to buy additional stake in the Bengaluru-based midcap company through an open offer.

L&T initiates process to takeover Mindtree

L&T initiates process to takeover Mindtree

Tue, Mar 19, 2019

L&T started the process to takeover Mindtree. This would be the first forcible takeover in the country's IT sector. Watch complete video to know more..

What message is being sent to start-ups: Mindtree promoters to L&T on hostile bid

What message is being sent to start-ups: Mindtree promoters to L&T on hostile bid

Tue, Mar 19, 2019

"This is a people business. 'Mindtree Minds' have signed up for a mission not just a salary. Take their mission away and they will go... What will you be left with," Natarajan said.

'Grave threat' - Mindtree condemns, opposes L&T's takeover bid

'Grave threat' - Mindtree condemns, opposes L&T's takeover bid

Tue, Mar 19, 2019

"A hostile takeover by L&T, unprecedented in our industry, could undo all of the progress we've made and immensely set our organisation back," Mindtree's top executives said in the statement.

L&T buys V G Siddhartha's 20.4 pct stake in Mindtree

L&T buys V G Siddhartha's 20.4 pct stake in Mindtree

Tue, Mar 19, 2019

Diversified conglomerate Larsen & Toubro (L&T) on Monday took its first step to acquire Mindtree by buying V.G. Siddhartha`s 20.4 per cent stake in the the mid-tier IT services company for approximately Rs 3,300 crore.

Mindtree looks at buyback to block L&T's takeover bid

Mindtree looks at buyback to block L&T's takeover bid

Mon, Mar 18, 2019

On Sunday, Mindtree Co-founder and ex-CEO Subroto Bagchi resigned as head of the Odhisa Skill Development Authority, saying he was returning to the company.

Larsen & Toubro may spend about $1 billion in Mindtree takeover bid: Report

Larsen & Toubro may spend about $1 billion in Mindtree takeover bid: Report

Mon, Mar 18, 2019

The A M Naik-helmed L&T is buying Siddhartha`s nearly 21 percent stake for over 30 billion rupees, at 981 rupees a share, which will make it Mindtree`s largest shareholder.

L&T Q3 net soars 37% on strong execution of project businesses

L&T Q3 net soars 37% on strong execution of project businesses

Fri, Jan 25, 2019

International revenue during the quarter stood at Rs 11,476 crore constituted 32 per cent of the total revenue, lower than 35 per cent in the previous year. During the quarter, L&T secured fresh orders worth Rs 42,233 crore as against Rs 48,130 crore in the corresponding period a year-ago.

Make in India: PM Modi inaugurates L&T Armoured Systems Complex in Gujarat; check stunning images

Make in India: PM Modi inaugurates L&T Armoured Systems Complex in Gujarat; check stunning images

Sat, Jan 19, 2019

Prime Minister Narendra Modi today inaugurated the Larsen and Toubro Armoured Systems Complex in Hazira, Gujarat.

IT sector and manufacturing unit are going to be a strong pillar for our growth in future: AM Naik, L&T

IT sector and manufacturing unit are going to be a strong pillar for our growth in future: AM Naik, L&T

Mon, Jan 07, 2019

The current situation is Modi vs All, thus this election is going to be tough one for Modi. That’s why I feel that the election results must be a good one and Modi retains his power.

Exclusive: In conversation with A.M Naik, CEO, L&T

Exclusive: In conversation with A.M Naik, CEO, L&T

Mon, Jan 07, 2019

In this segment of Zee Business watch an exclusive conversation of A.M Naik, CEO, L&T with our Executive Editor of Swati Khandelwal. Watch the video to know more.

L&T Q2 net profit jumps 28% to Rs 2,593 cr; says pvt sector investment cautious

L&T Q2 net profit jumps 28% to Rs 2,593 cr; says pvt sector investment cautious

Wed, Oct 31, 2018

Infrastructure giant Larsen and Toubro Wednesday reported 28.36 per cent jump in its consolidated net profit to Rs 2,593.41 crore for the quarter ended September 30.

L&T stocks jump over 6% on share buyback proposal

L&T stocks jump over 6% on share buyback proposal

Mon, Aug 20, 2018

In a regulatory filing on August 18, the company had said that "the board of directors will consider a proposal for buyback of equity shares of the company, at its meeting to be held on Thursday, August 23, 2018".

Auditors step up pressure on listed clients, start flagging gaps

Auditors step up pressure on listed clients, start flagging gaps

Sun, Jun 03, 2018

Auditors seem to be getting more vocal about financial gaps at listed companies, possibly due to an enhanced regulatory glare, as independent audit reports for a number of publicly traded companies have begun flagging issues like net-worth erosion and lack of necessary disclosures

NCLT approves Tata Steel's bid for Bhushan Steel

NCLT approves Tata Steel's bid for Bhushan Steel

Tue, May 15, 2018

The National Company Law Tribunal (NCLT) has approved Tata Steel's bid submitted by the resolution professional for Bhushan Steel. NCLT has dismissed Bhushan Steel employees' plea opposing Tata Steel's bid. The tribunal has also imposed a fine of Rs 1 lakh on the company.

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