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Larsen cuts FY12 order growth target, shares fall
Bangalore airport turns the heat on L&T over runway
The decision of the GVK Group, operators of the Bangalore International Airport, where the GVK group is at the helm with a 43 per cent stake majority stake, to redo the runway just around four years after it was laid, and to invoke a warranty clause against Larsen & Toubro (L&T), who did the original job, has occasioned much comment. L&T was one of the shareholders in Bangalore International Airport
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