L&T gets board approval to raise ₹7,500 cr; stock reacts
The engineering major looks to raise up to ₹7,500 crore through external commercial borrowings, term loans, NCDs, or any other instrument.
The engineering major looks to raise up to ₹7,500 crore through external commercial borrowings, term loans, NCDs, or any other instrument.
The leasing activity will be driven by technology, BFSI, engineering and manufacturing sectors.
The veteran of the investment industry argues that this decade will witness an export-led growth. And while IT and pharma would rule the economy, other smaller industries, too, will jostle to rise up.
As if slowing economic growth wasn’t enough, other factors like pollution, a change of government in a state, and legal challenges to projects are further hurting infrastructure growth.
It is in the interest of both India and the U.S. to iron out their bilateral issues and identify ways to increase synergies across new sectors.
The engineering major retained its guidance for order inflow and sales growth but expects private sector capex to stay subdued in the near term.
The construction and engineering major beat street expectations to report a ₹2,230 crore profit in the quarter ended September.
Harnessing digitalisation to optimise manufacturing is what will drive growth, and Siemens India says despite macro economic challenges facing India, the opportunities in the space are immense.
Lenders to stressed sectors have a gloomy time ahead.
The online counselling and education services firm has launched a preparatory course for the Joint Entrance Exam (JEE) for engineering.