Lanco alleges overpayment of $382 million for Australian mineWhen contacted, T Adi Babu, the Chief Operating Officer of Lanco Infratech, refused to comment on the subject saying that it is sub-judice.
Lanco Q3 profit at Rs 136 croreLanco Infratech reported a net profit of Rs 136 crore in the third quarter ended December, helped by higher power generation and increased ...
Lanco Infratech Q3 net profit at Rs 136 croreLanco Infratech reported a net profit of Rs 136 crore in the third quarter ended December, helped by higher power generation and increased ...
Lanco Infratech reports 99 crore profit in Q2 after 12 consecutive quarters of lossesLanco Infratech reported a profit after 12 consecutive quarters of losses, a turnaround made possible by a significant spurt in EPC revenue...
No corruption in appointments in government departments: CM N RangasamyRangasamy said the appointments would be only on the basis of merits and in keeping with the policies of reservation.
Lanco pre-closes Yes Bank loan, sees turnaround in 2-3 yrsLanco Infratech today said it has pre-closed Rs 205.42 crore term loan with Yes Bank and expects cash flows to increase within 2-3 years af...
'Call me Harsh', RPG chief tells staff ushering in a culture of informality at the workplace"It's a seemingly small initiative, but it will bring about a big difference. It will automatically bridge the generational gap," said Venk...
Late night dumping shrinks Nallurahalli lakeWhen residents go to sleep, truckloads of debris and sacks full of garbage and slaughterhouse waste are dumped into the water.
Lanco Infratech puts on hold plan to divest assets for better valuationLanco has been reeling under huge debts, mounting losses as its power projects were running below full capacity due to lack of fuel.
Falling AUD, coal prices erode networth of Lanco's Griffin CoalThe exchange rate of AUD, which was almost equal to $ during the beginning of 2011, has depreciated by about 24 per cent against the Americ...
India to have strong presence at WEF's Davos meetAmong other engagements, Finance Minister Arun Jaitley is expected to talk at WEF on how new leadership is transforming the business.
Lanco Infratech lenders have option to convert loan into equityLanco Infratech which has gone for Corporate Debt Restructuring said 25 lenders have been given an option to convert some of their loan amo...
Debt rejig: 25 lenders may gain control over Lanco InfraTwenty five lenders, both public and private , have secured an option to gain control over Lanco Infra following a corporate debt restructu...
Lanco Group cuts down 4,000 employees due to slowdownLanco Group, which has interests in infra, power and realty segments, has retrenched about 50% of its 8,000 workforce during the last 15 mo...
Lanco Infratech trims workforce by 15-20 per cent amid difficult market conditionsFaced with difficult market conditions, diversified group Lanco Infratech has trimmed its workforce by about 1,400 people in the last 14 mo...
- Lanco reports 136 crore loss in Q2 FY'13
Less utilisation of power generation capacity due to inadequate fuel supply resulted in the loss.
- Lanco Infratech reports Rs 441 crore loss in Q1
Lanco Infratech on Tuesday posted a net loss of Rs 441.15 crore for three months ended June on increased fuel cost and forex losses.