Idp News

Companies

L&T to buy out partner in L&T IDPL, make it fully-owned arm

The engineering giant will buy out the 2.5% shareholding of the long-time investor in L&T IDPL for Rs47.99 croreL&T said it was buying out its partner as a gesture of goodwill towards a longtime investor

1 min read18 Oct 2019
Market

L&T unit plans to raise Rs3,200 crore via InvIT

The InvIT units will bear a face value of Rs100 and offer an implied rate of return of 12%

1 min read30 Apr 2018
Politics

One person per second displaced by conflict, disaster in 2016: report

Numbers will grow unless underlying causes like climate change and political turmoil are tackled, says Internal Displacement Monitoring Centre

2 min read22 May 2017
Politics

Govt decides to wind up distressed PSU drug makers IDPL and RDPL

The government will explore the strategic sale of two other drug makersHindustan Antibiotics Ltd and Bengal Chemicals & Pharmaceuticals Ltd

1 min read29 Dec 2016
Companies

Panel presses for time-bound revival of Hindustan Antibiotics

Panel asks department of pharmaceuticals to coordinate with all concerned for a time-bound revival of Hindustan Antibiotics Ltd

1 min read11 Dec 2016
Politics

526,000 internally displaced in India: UN-backed report

The report said conditions in displacement camps remain dire across the country

1 min read15 May 2014
Companies

L&T unit to get `2,000 crore FDI from Canadian pension fund

FIPB approves FDI deal between L&T Infrastructure Development Projects and Canada Pension Plan Investment Board

1 min read21 Feb 2014
Companies

L&T seeks FIPB nod for foreign investment in road unit

L&T is in talks with a large global institutional investor to sell a stake in L&T IDPL

1 min read20 Dec 2013
Companies

L&T may list its IDPL assets in Singapore

The engineering and construction firm is considering listing Infrastructure Development Projects and some road assets in the city-state

1 min read29 Nov 2013
Companies

L&T Infra eyes $250-300 mn from PEs

L&T Infra eyes $250-300 mn from PEs

1 min read24 May 2012
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