-
Deosthalee is survived by his wife Lina and two daughters Deepa and Meenal.
-
L&T Finance Holdings will continue to shed its non-core product lines and focus on those where it has a competitive advantage as it aims for an 18 percent return on equity (RoE) by 2020, non-executive Chairman YM Deosthalee said in a free-wheeling chat with Moneycontrol.
-
Lenovo continues to remain optimistic about sales even post demonetisation. In a interview with CNBC-TV18, Sudhin Mathur, Executive Director of Lenovo's mobile business says the cash crunch has not had much of an impact on sales of higher price band phones.
-
In a post earnings interview, YM Deosthalee, Chairman of L&T Finance Holdings said that the whole entity has been restructured and the business is now divided in to three key focus areas - rural, housing and wholesale book segment.
-
If the monsoon is good throughout India, we can see improvements from third quarter of FY17, L&T Finance CMD YM Deosthalee says.
-
YM Deosthalee, CMD of L&T Finance Holding says that overall growth in retail was subdued in Q3 and asset growth has been reasonably decent.
-
Consolidated net interest income, the difference between interest earned and interest expended, grew by 18.9 percent to Rs 805.2 crore in quarter ended December 2015 and income from operations jumped 15.8 percent to Rs 1,820 crore compared to year-ago period.
-
YM Deosthalee, CMD, L&T Finance Holdings says the renewable energy and operational assets segment will aid company in its second half and the next year‘s performance.
-
Growth in loans & advances was led by steady disbursement growth of 18 percent Y-o-Y in key focus areas like B2C products - two wheelers, housing & microfinance in retail business and operational projects in wholesale business, the company said in its filing.
-
CMD, L&T Finance said focus on B2C products (tractors, 2-wheeler finance, microfinance and housing finance) and emphasis on operating projects in renewable power and road segment have been key to this growth.
-
The company‘s gross NPA increased marginally at 3.01 percent in December quarter compared to 2.93 percent in the year-ago period and 2.96 percent in previous quarter.
-
Proxy advisory firm Institutional Investor Advisory Services is advising institutional investors to vote against L&T Finance Holdings' resolution on chairman and managing director YM Deosthalee's remuneration, saying it was way above the industry average.
-
YM Deosthalee of L&T Infotech offers views on the various aspects of the SME sector and its potential to contribute significantly to the Indian economy
-
YM Deosthalee, CMD of L&T Finance Holdings finds that the outcome of today's credit policy review is almost like a blessing in disguise for market and investors, as both can expect some amount of relief going ahead.
-
India, though resilient, is not completely unaffected from the macro economic worries plaguing the global economy. But are these concerns justified? According to YM Deosthalee, CMD of L&T Fin Holdings, India can achieve 8% growth.
-
The new banking license guidelines are in-line with our expectations, said YM Deosthalee, chairman and managing director of L&T Finance Holdings.
-
In an interview with CNBC-TV18's Shereen Bhan experts discuss the new waves of growth for India.
-
Engineering and construction major, Larsen & Toubro is quite bullish of a brilliant next quarter. whole time director and chief financial officer YM Deosthalee said this would be on the back of a strong order book.
-
In an interview with CNBC-TV18's Menaka Doshi, an illustrious panel of business leaders including Chanda Kochhar, MD and CEO, ICICI Bank, Harsh Mariwala, CMD, Marico, Baba Kalyani, CMD, Bharat Forge, GV Prasad, Dr Reddy's and YM Deosthalee, Whole-Time Director and CFO, L&T, assess the math of the budget.
-
All eyes are on Pranab Mukherjee's budget at the end of the month and expectations are high from the FM on measure to alleviate pain in the macro economy.
