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  • Post Bain deal, capital adequacy to go up by 2%: L&T Fin

    Post this capital infusion by Bain Capital, the capital adequacy for the company would go up by 2 percent from the current 14.5 percent, said , N Sivaraman, President & Whole Time Director, L&T Finance Holding.

  • No adverse impact in Q1 on co from L&T‘s stake sale: Salzer

    No adverse impact in Q1 on co from L&T‘s stake sale: Salzer

    Rajesh Kumar, Joint MD, Salzer Electronics says Kumar says promoter stake has come down to 25.5 percent from 30 percent.

  • L&T looks to sell 10% in Nov-Dec IPO for tech unit

    L&T looks to sell 10% in Nov-Dec IPO for tech unit

    For 2015-16, L&T Infotech is targeting profit of USD 141 million and revenues of USD 950 million, L&T chairman AM Naik told CNBC-TV18.

  • L&T revenue miss reflects weakness in investment cycle: Pro

    L&T revenue miss reflects weakness in investment cycle: Pro

    In an interview with CNBC-TV18‘s Sumaira Abidi and Pragya Bharadwaj, Morningstar‘s Piyush Jain and market expert Hemindra Hazari discussed L&T‘s fourth quarter earnings, which came in a tad below the street consensus.

  • Don't need JVs for further thrust in defence biz: L&T

    Don't need JVs for further thrust in defence biz: L&T

    The company would not require joint ventures for further push in defence sector business because it already has established facilities and technology to handle more business, said MV Kotwal, president of heavy engineering, L&T.

  • No sell-off in Coal India for next 6 mnths: Divestment Secy

    No sell-off in Coal India for next 6 mnths: Divestment Secy

    Falling crude prices is one of the main reasons for the ONGC divestment getting delayed, Johri said

  • Tata-L&T consortium shortlisted for mega defence project

    Tata-L&T consortium shortlisted for mega defence project

    The government will fund 80 percent of the prototype cost and partners will be expected to fork out the remaining 20 percent.

  • Will award 95% of contracts by FY16-end: DFCC

    Will award 95% of contracts by FY16-end: DFCC

    Adesh Sharma, MD Of Dedicated Freight Corridor Corporation (DFCC) gives a ringside view of the quantum of contracts that will be awarded by DFCC in FY15 and FY16.

  • No merger with L&T Engg Srvs; IPO in mid-2016: L&T Infotech

    No merger with L&T Engg Srvs; IPO in mid-2016: L&T Infotech

    In an interview to CNBC-TV18, Chandrasekhar Kakal, chief operating officer, L&T Infotech says the two companies- L&T Infotech and L&T Engineering Services exist in order to bring in sharper focus.

  • Awaiting clarity on Indo-US nuclear deal: L&T

    Awaiting clarity on Indo-US nuclear deal: L&T

    MV Kotwal, Whole-Time Director & President (Heavy Engineering), L&T says the company is involved in making prototypes for the Defence Research and Development Organisation (DRDO) and has already put in place facilities for warships.

  • L&T eyes orders worth $18-20bn in army, navy each

    L&T eyes orders worth $18-20bn in army, navy each

    MV Kotwal, Whole-time Director & President (Heavy Eng), L&T said that the involvement of private sector in defence sector has been very slow until now.

  • Vijaya Bank sees restructuring taper off from hereon

    Vijaya Bank sees restructuring taper off from hereon

    In an interview with CNBC-TV18‘s Reema Tendulkar and Sonia Shenoy, Kannan said, while discussing the bank‘s second quarter earnings, that net NPAs rose to 1.77 percent in the previous quarter to 1.88 percent, due to the failure of two restructured assets.

  • Not in talks for investment in FDI in defence: Astra Micro

    Not in talks for investment in FDI in defence: Astra Micro

    The company does not have any huge requirement of funds and may liquidate Rs 500 crore order book by FY15-end.

  • Expect 20% upside in L&T over 12 months: Religare

    Expect 20% upside in L&T over 12 months: Religare

    Misal Singh says if the election results are perceived to be favourable, L&T could see earnings upgrade of 10-15 percent in 2016, which in turn implies that the stock should at least be up by about 20 percent from a one year perspective.

  • Constructing T2 in centre of Mumbai was a challenge: L&T

    Constructing T2 in centre of Mumbai was a challenge: L&T

    The L&T mangement said that it would take another six to seven months to break the existing Sahar.

  • Current rally based on speculations: Thermax

    Current rally based on speculations: Thermax

    The current good run is based on the calculations by the market that investment cycle is going to catch on. However, there has been no change on the ground level, says MS Unnikrishnan.

  • Eye double digit margin from Saudi Aramco order: L&T Infra

    Eye double digit margin from Saudi Aramco order: L&T Infra

    According to SN Subrahmanyan, Saudi Aramco sets very high specifications and the demands are also of very high, therefore, the execusion of the order is demanding but will give the company a lot of prestige.

  • See FY14 E&C margins at 11.5%; 50 bps variance likely: L&T

    See FY14 E&C margins at 11.5%; 50 bps variance likely: L&T

    Whole-time Dir & CFO R Shankar Raman told CNBC-TV18 that he is not surprised by volatility in seen in L&T's margins.

  • L&T bags Rs 2309cr worth orders in Q3 so far

    L&T bags Rs 2309cr worth orders in Q3 so far

    Despite winning orders of just Rs 2,300 crore in Oct-Nov, L&T believes the company is in line with its order book guidance. L&T has received orders in various segments and is quite satisfied with its performance.

  • Capital goods cos must focus on exports: BHEL

    Capital goods cos must focus on exports: BHEL

    Speaking to CNBC-TV18 on his outlook for the sector, K Ravi Kumar, ex chairman, Bharat Heavy Electricals Limited (BHEL) says the export space is more lucrative for companies than Indian markets as there is more demand for gas turbines, heat recovery steam generators, etc.

  • L&T bags orders worth Rs 1100cr, sees Gulf as thrust area

    L&T bags orders worth Rs 1100cr, sees Gulf as thrust area

    Larsen and Toubro is positive on Gulf region being a major driving force going forward. It also feels that the new orders in these regions will be a challenge on the margins but needs to be executed well.

  • Partial ops for Hyd Metro Proj to begin in 2015: L&T IDPL

    Partial ops for Hyd Metro Proj to begin in 2015: L&T IDPL

    L&T IDPL is likely to begin partial operations of the Hyderabad Metro Rail project by 2015 as against 2017, estimated earlier, says K Venkatesh.

  • Expect BHEL to get 6k MW orders in FY14: Anand Rathi

    Expect BHEL to get 6k MW orders in FY14: Anand Rathi

    Despite coal shortage issue last year BHEL garnered around almost 8000-8500 megawatts of orders. This year too it should be able to garner around 6000 MW, largely lead by central and state government utilities, says Amol Rao of Anand Rathi.

  • Land Bill to hike proj costs; Q2 to be flat: Gammon Infra

    Land Bill to hike proj costs; Q2 to be flat: Gammon Infra

    In an interview to CNBC-TV18, Kishor Kumar Mohanty, MD, Gammon Infrastructure projects speaks about the Land Acquisition Bill and why it needs to be implemented properly.

  • Cautiously optimistic on order wins in near-term: L&T

    Cautiously optimistic on order wins in near-term: L&T

    According to L&T's SN Subrahmanyan, L&T Construction did exceptionally well in their water and renewable energy segment during the last few years. The company bagged orders for water projects worth Rs 1,141 crore.

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