Monday, Jul 15, 2024 | Last Update : 11:49 AM IST

larsen and toubro

Parsa Venkateshwar Rao Jr | Why Sitharaman’s appeal to India Inc seems misplaced

FM Nirmala Sitharaman made it evident that the government’s policies have been private sector-friendly through measures like the PLIs

17 Sep 2022 12:16 AM

Rs 43K-crore for ‘Make in India’ submarines

Defence ministry approves 6 conventional submarines for Navy

05 Jun 2021 9:18 AM

Mindtree shares plunge 8 per cent on disappointing Q1 results

In terms of traded volume, 7.32 lakh shares of the company were traded on the BSE during the day.

18 Jul 2019 5:26 PM

Mindtree board appoints L&T chief A M Naik as non-executive chairman

The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company.

18 Jul 2019 11:18 AM

Foreign firms line up for commercial realty

The upsurge of India’s commercial office market began in 2017 and has been further boosted by the arrival of REITs.

10 Jul 2019 2:45 AM


MindTree shares tumble 14.6 pc after chairman, CEO quit

The founders had vehemently opposed L&T bid, terming it hostile and as a grave threat and value destructive to shareholders.

08 Jul 2019 1:11 PM

Mindtree says L&T categorised as promoter with 60.06 pc stake

The development is significant as the Mindtree founders had initially resisted the hostile takeover bid.

03 Jul 2019 8:32 PM

L&T to get three Board positions in Mindtree

IT firm Mindtree on Thursday said L&T CEO and MD SN Subrahmanyan will join its Board as Non-Executive Director with effect from July 16.

20 Jun 2019 6:46 PM

Mindtree independent directors say L&T's offer price at Rs 980/share is reasonable

Mindtree shares closed at Rs 975.50 a piece on NSE and Rs 974.65 a share on BSE.

12 Jun 2019 12:22 PM

L&T makes Mindtree open offer

The open offer is for 5.13 crore shares, or 31 per cent stake, of Mindtree at Rs 980 per share, according to a regulatory filing.

08 Jun 2019 1:40 AM


L&T picks up Mindtree shares worth Rs 316 cr between May 20-24

The infrastructure major is eyeing up to 66 per cent stake in Mindtree for around Rs 10,800 crore.

26 May 2019 10:37 AM

L&T acquires 1,168 shares of Mindtree

Shares of Mindtree ended at Rs 974.25 apiece on the BSE on Tuesday, 0.13 per cent lower than the previous closing.

14 May 2019 6:47 PM

L&T acquires additional 2 pc stake in Mindtree; takes total holding to 26 pc

L&T had earlier purchased around 20 pc stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal.

10 May 2019 9:31 AM

Mindtree's special dividend could strip firm of Rs 320 cr ahead of L&T takeover

Asked if Mindtree anticipated any objection from L&T on its latest move, Ravanan said: 'I have absolutely no idea.'

17 Apr 2019 7:26 PM

CCI approves L&T's proposed acquisition of 66.15% stake in Mindtree

Deals beyond a certain threshold require clearance from the fair trade regulator CCI.

06 Apr 2019 10:06 AM


Mindtree promoters vow to oppose hostile takeover bid by L&T

Dub the takeover bid as a grave threat to the organisation.

19 Mar 2019 11:45 AM

L&T says audit panel to seek external expert's help on alleged Cognizant bribery case

Reports alleged that L&T was the contractor involved in the matter.

01 Mar 2019 11:34 AM

PM Modi inaugurates India's 1st private sector howitzer gun-making unit

Prime minister Narendra Modi inaugurated the howitzer gun-manufacturing unit of Larsen & Toubro.

19 Jan 2019 2:43 PM

L&T to connect Powai colonies with road tunnel?

According to civic officials, two colonies belong to L&T at Tungwe village in Powai.

24 Jul 2018 2:32 AM

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

Bhushan Steel owed its lenders about Rs 56,000 crore and was among the 12 big loan defaulters identified by the Reserve Bank of India.

30 May 2018 1:58 PM