Renewable energy likely to be a growth hotspot for NBFCs in 2016: YM Deosthalee, L&T Finance"Our lending in infrastructure space is only in two areas – renewable energy and financing operational projects."
Our capital requirement up to fiscal 2017 has been taken care of: YM Deosthalee, L&T Finance Holdings'If the capital requirements of the company go up in the sense that if we need capital earlier than this, we have an option of making them ...
Government should focus on demand revival, job creation: Y M DeosthaleeDeosthalee, who heads one of the largest NBFCs, said sensing rural distress, his company has already cut down on its lending in rural marke...
Government should focus on demand revival, job creation: YM DeosthaleeThe major concern is the declining sales of bikes, which saw a drop of 9.6 per cent in August due to demand slump in rural markets.
Budget 2015 is innovative: YM Deosthalee, CMD, L&T Finance HoldingsThe Budget document is a whiff of fresh air by being innovative in its approach, simple in its structure and being reform oriented.
Steps taken by Govt will improve growth trajectory: YM Deosthalee, L&T Finance'There are a number of steps which have been taken to reduce red tape & bring in fast action and decision making,' says YM Deosthalee, L&T ...
Expect rupee to weaken further: YM Deosthalee, L&T Finance HoldingsWe need to substantially increase FDI and unfortunately last year the FDI have actually come down compared to the previous year, says YM De...
Buying Future’s stake in general insurance biz to give scale: YM Deosthalee, L&T Finance"We have done is we have signed a non-binding term sheet subject to due diligence, subject to regulatory approvals and all other approvals ...
- More efforts needed to boost infrastructure growth: YM Deosthalee, L&T Finance
"If you look at power, a lot of investment is required in power. The country is short of power. There is a huge deficit."
- L&T General Insurance sheds flab, plans merger
L&T General Insurance is shedding flab as it prepares to combine with a rival to create a bigger entity in a market.
L&T Finance's proposed compensation for its directors criticised by IIASThis is the first time that executive compensation has come under the scanner in India and IIAS' note compares the package of L&T Finance d...
- Investor interest will not be compromised, assure L&T Finance's top bosses YM Deosthalee and N Sivaraman
L&T Finance's top bosses YM Deosthalee and N Sivaramanassure have assured Fidelity fund investors that change in management will not hurt t...
- L&T Q2 profit grows 32% to Rs 765 crore on higher orders
L&T booked a net profit of Rs 765 crore for the quarter ended September, compared to Rs 580 crore last year.
- Hydrocarbon,infra sector defers Rs 40K cr worth projects in Q2
L&T said that Indian industry, mainly hydrocarbon and infrastructure, have deferred Rs 40,000 crore worth projects in Q2 FY 11.
- L&T plans to unlock financial services arm soon
L&T will finalise a strategy to unlock the value in its financial services arm shortly and the process will be completed in fiscal 2012
- Don't understand Moody's rating downgrade logic: L&T
Engineering and construction major Larsen & Toubro virtually questioned a rating downgrade warning from Moody's due to rising debt levels, ...
- L&T to invest $150 mn overseas
The company wants to put up a modular fabrication facility in the Middle East and a switchgear manufacturing plant in China.