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| L&T's Satyam share sale pulls down scrip | 14-NOV-09 |
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| Larsen & Toubro (L&T) has sold a third of its holding in Mahindra Satyam, or 27.24 million shares, for Rs 306.54 crore, taking the software company’s share price down by 6.6 per cent, the biggest fall in five months. |
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| Bids for Rajpura plant to be opened next week | 14-NOV-09 |
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| The fate of the 1,320 megawatt (Mw) thermal power plant at Rajpura (Punjab) will be decided by next week. According to sources, the financial bids (related to power tariff) for the proposed project would be opened next week and sent to the Punjab State Electricity Board (PSEB) for approval. |
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| L&T opens tower testing facility near Chennai | 14-NOV-09 |
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| Construction major Larsen & Toubro Limited (L&T) inaugurated its new tower testing facility at Kanchipuram, 50 kilometre from Chennai, on Friday. L&T claims that the new facility, set up at a cost of 25 crore, is the country’s largest tower testing centre, which would cater to both commercial and the company's captive purposes. |
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| L&T to sell a third of Satyam stake | 13-NOV-09 |
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| Engineering giant Larsen and Toubro (L&T) is selling a third of its 6.9 per cent stake in Mahindra Satyam, formerly Satyam Computer Services. The transaction is expected to fetch Rs 304 crore for the company, said banking sources. |
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| Voith acquires L&T stake in JV arm | 26-OCT-09 |
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| German engineering company Voith today said it has acquired the entire stake held by its joint venture partner, Larsen & Toubro (L&T), in Kolkata-based Voith Paper Technology for an undisclosed amount. |
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| Larsen & Toubro: Margin surprise | 23-OCT-09 |
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| L&T’s future looks better with the economy showing signs of revival, higher infrastructure spending and firm crude oil prices. |
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| L&T Q2 profit rises 26% at Rs 580 cr | 22-OCT-09 |
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| Engineering company Larsen & Toubro (L&T) today reported a profit after tax (PAT) of Rs 580.40 crore for the second quarter ended September, whereas the same was at Rs 460.26 crore during the corresponding period a year earlier. |
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| L&T Finance's NCD issue opens at premium | 24-SEP-09 |
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| L&T Finance's non-convertible debentures (NCD) today opened at a premium of Rs 29 over the issue price of Rs 1,000 after its listing on the National Stock Exchange here. |
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| Punjab extends deadline of RFQ for Gidderbaha plant | 17-SEP-09 |
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| The Punjab State Electricity Board (PSEB) has extended the date for submission of RFQ (request for qualification) document for setting up the 2,640- Mw coal-based Gidderbaha thermal power project on build-own-operate (BOO) basis. It is for the sixth time in a row that the deadline has been extended due to non-allocation of coal linkages. |
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| L&T Fin open to inorganic route for MF business | 10-SEP-09 |
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| Engineering and construction major Larsen & Toubro Ltd is open to taking the inorganic route to enter the asset management business, according to N. Sivaraman, executive vice-president (financial services). |
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