Multiple trigger points for Capital Goods sector; Buy L&T, Siemens as top picksCentre and state capex put together was ~INR11t in FY22 and INR13.5t in FY23RE. This is projected to grow to INR17t in FY24.
11 Dec, 2023, 10.34 AM IST
Want L&T to be known as a tech company: SN Subrahmanyan, CEO & MD"As the IT services business continues to grow faster, the PE multiple and market cap will continue to grow. And that from about 30% of L&T...
16 May, 2022, 05.45 PM IST
L&T's Chief Financial Officer gives a peek into the company's future plans"Going ahead, with the global trust in environmental, social and governance, the nature of investment will change. We might get into altern...
30 Oct, 2021, 12.53 PM IST
Power situation 'critical', Punjab stares at long power cutsCoal supplies to the thermal power plants were severely affected after the Railways suspended the operation of freight trains in the wake o...
03 Nov, 2020, 05.50 PM IST
Power situation in Punjab turns grim, power plants nearly run out of coal stockGoods train services had resumed in the state after farmer unions on October 21, announced exempting them from their weeks-old 'rail roko' ...
30 Oct, 2020, 04.18 PM IST
Nabha Power: At the Forefront of Providing Cost-effective Electricity with Ace Tech, High Efficiency & Social Benefits14 Sep, 2020, 10.30 AM IST
Punjab CM writes to PM for fiscal package for power sectorPower Finance Corporation (PFC), Rural Electrification Corporation (REC) Limited and other Financial Institutions should provide loans to P...
22 Apr, 2020, 09.52 PM IST
L&T’s share buyback plan is expected to be the first of manyIn the five-year vision plan, the company has stated to pursue a light-asset approach.
21 Aug, 2018, 08.37 AM IST
CIL refutes Nabha Power allegation of coal shortageDuring the current fiscal, at the request of the Nabha Power, the CIL had allocated 3.64 lakh tonnes of coal to be lifted from the CCL and ...
09 Jun, 2018, 01.33 PM IST
Schneider-Temasek may announce a deal to buy L&T’s electric & automation businessL&T Electrical & Automation is expected to be valued between Rs 13,000 crore to Rs 15,000 crore, which is lower than the earlier estimate. ...
20 Apr, 2018, 07.59 AM IST
Schneider-Temasek leads race to buy L&T’s electrical Biz for Rs 17,000 croreBoth parties have entered into an exclusivity agreement for bilateral discussions with an aim to close all outstanding matters by this cale...
08 Nov, 2017, 09.42 AM IST
SC decision on coal cost to lift L&T's RoEEven if the plant is not sold, L&T may be able to monetise the NPL investments through the InvIT route.
20 Oct, 2017, 12.32 PM IST
Schneider, Eaton frontrunners to buy L&T’s electrical businessSchneider has teamed up with Temasek, the Singapore's state investment company for the buyout, while Eaton has re-engaged after their 2011 ...
24 Aug, 2017, 04.58 PM IST
Companies can’t exit projects after allocation of coal blocksIndustry insiders said presently over 10,000-mw of coalbased power generation capacity do not have PPAs, making them ineligible for supply.
19 Dec, 2014, 04.11 AM IST
First unit of Rajpura thermal plant becomes operationalThe first unit of the 700 MW super-critical (2x700 MW) Rajpura thermal power plant at Nalash village in Patiala district became operational...
08 Dec, 2013, 05.14 PM IST
Two upcoming thermal plants in Punjab sign fuel supply agreementsTwo upcoming thermal power plants will start generating power this year as both have signed fuel supply agreements (FSA).
07 Sep, 2013, 02.47 PM IST
- L&T to raise $2 bn for power project
Larsen & Toubro (L&T) will be raising $2 billion for its Rajpura thermal power project in Punjab.
16 Jun, 2010, 06.41 PM IST