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 2019The InvIT units will bear a face value of Rs100 and offer an implied rate of return of 12%
1 min read30 Apr 2018Numbers will grow unless underlying causes like climate change and political turmoil are tackled, says Internal Displacement Monitoring Centre
2 min read22 May 2017The government will explore the strategic sale of two other drug makersHindustan Antibiotics Ltd and Bengal Chemicals & Pharmaceuticals Ltd
1 min read29 Dec 2016Panel asks department of pharmaceuticals to coordinate with all concerned for a time-bound revival of Hindustan Antibiotics Ltd
1 min read11 Dec 2016The report said conditions in displacement camps remain dire across the country
1 min read15 May 2014FIPB approves FDI deal between L&T Infrastructure Development Projects and Canada Pension Plan Investment Board
1 min read21 Feb 2014L&T is in talks with a large global institutional investor to sell a stake in L&T IDPL
1 min read20 Dec 2013The engineering and construction firm is considering listing Infrastructure Development Projects and some road assets in the city-state
1 min read29 Nov 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared