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Construction firms pin hope on road, rly to improve order books
When engineering and construction company Larsen and Toubro Ltd (L&T) declared its annual results earlier this month, it gave a bright outlook for the current financial year, saying it expected order inflow to grow 15-20 per cent. Engineering company Thermax Ltd, too, projects a similar outlook. L&T expects the orders deferred in the fourth quarter of the last financial year to come in this year, boosting
When engineering and construction company Larsen and Toubro Ltd (L&T) declared its annual results earlier this month, it gave a bright outlook for the current financial year, saying it expected order inflow to grow 15-20 per cent. Engineering company Thermax Ltd, too, projects a similar outlook. L&T expects the orders deferred in the fourth quarter of the last financial year to come in this year, boosting
Cyrus P. Mistry inducted to Tata Motors Board
Cyrus P. Mistry, Deputy Chairman of Tata Sons, has been inducted to the Board of Tata Motors as a Director, the automobile giant said on Tuesday.
Cyrus P. Mistry, Deputy Chairman of Tata Sons, has been inducted to the Board of Tata Motors as a Director, the automobile giant said on Tuesday.
Analysts` corner
TATA POWER
Reco price/date: Rs 90/May 28;
Current/target price: Rs 92/Rs 95
Tata Power Co Ltd is often considered the only
Sensex closes 200 points on stronger rupee
Supported by firm global cues and a stronger rupee, a benchmark index for Indian equities market closed nearly 200 points up Monday. Robust buying was seen in banking, power and consumer durables stocks.
Supported by firm global cues and a stronger rupee, a benchmark index for Indian equities market closed nearly 200 points up Monday. Robust buying was seen in banking, power and consumer durables stocks.
Defence industry staggers under rising dollar, seeks govt protection
As the dollar has hardened almost 25 per cent from about Rs 45 a year ago to Rs 56 levels, the country’s import-dependent defence is taking a hit. The 13.15 per cent rise in the latest
Sensex edges higher
Even as stocks from realty, capital goods, metal and power sectors are trading modestly higher, bank, information technology, automobile and oil stocks continue to trade weak due to lack of support.
Even as stocks from realty, capital goods, metal and power sectors are trading modestly higher, bank, information technology, automobile and oil stocks continue to trade weak due to lack of support.
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