The crackdown is part of coordinated action against thousands of entities identified by the Directorate General of GST Intelligence, which recently shared the information with the I-T department
Infrastructure company Larsen & Toubro (L&T) on Thursday said its construction arm has received orders in the overseas and domestic market. The company did not provide the value of the contracts, but said the orders fall under the 'significant' category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts. "The construction arm of L&T has secured orders from prestigious clients for two of its businesses," L&T said in a regulatory filing. L&T said its power transmission and distribution business has won two transmission line packages in the Kingdom of Saudi Arabia. These lines are expected to strengthen the grid in the Eastern Region of Saudi Arabia and facilitate power evacuation. Its water and effluent treatment business has secured an EPC (engineering, procurement, and construction) order in Gujarat to execute a package in the SAUNI Yojna Link 3. Saurashtra Narmada Avtaran Irrigation (SAUNI) is a project launched ..
Union Minister for External Affairs, S Jaishankar, alongside India's ambassador in Qatar Deepak Mittal, visited the Ahmad Bin Ali Stadium which is a 2022 FIFA World Cup venue built by Indian construction giant Larsen & Tubro.
Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table
"Museum" is one way to describe the 11,500-sq-ft expanse. In effect, it is an "experience centre" that showcases the 81-year-old firm's current and future projects in addition to historical happenings
According to report, L&T Hydrocarbon is the lowest bidder for HPCL Rajasthan Refinery.
Given the likely recovery in capex from public sector, multilateral funded projects and certain process industries, analysts at ICICI Securities believe, companies like L&T will be key beneficiary
From Tata Sons raising stakes in AirAsia to putting off artillery import embargo, here are top headlines this morning
The National High Speed Rail Corporation Limited (NHSRCL) on Thursday signed an agreement for the country's biggest infrastructure contract for design and construction of 47 percent alignment for the Mumbai-Ahmedabad bullet train project. The contract signed with Larsen & Turbo also includes four stations namely Vapi, Billimora, Surat and Bharuch, Surat Depot, 14 river crossings, 42 road crossings and six railway crossings including one mountain tunnel of 350 metres length, the NHSRCL said in a statement. "The NHSRCL signed contract agreement with Larsen & Toubro Limited today for the design and construction of 237 km length of viaduct between Vapi (Zaroli Village at Maharashtra- Gujarat Border) and Vadodara in the state of Gujarat for 508 kms of Mumbai-Ahmedabad High Speed Rail corridor," the statement from the company said. Satoshi Suzuki, Ambassador of Japan to India, was present at the event along with senior officials of the Railway Board and NHSRCL. Technical bids for ...
The operators would be selected after the requests for proposals (RFP) are submitted with a revenue share quote
Analysts believe that L&T is well-placed to emerge stronger given its financial, technical and managerial capability to sustain and gain market share
Given the sharp volatility, it is preferable to stick to leaders or top-tier players across sectors as they consolidate their position and gain market share
A selection of key court orders
The other bidders for this package were the Tata Projects-J Kumar Infrastructure Projects Ltd-NCC Ltd and AFCONS Infrastructure Ltd.-Ircon International-JMC Projects consortiums
The company reported a reasonable July-September quarter operational performance amid a subdued business environment
After facing resistance at the 100-day moving average (DMA), placed at Rs 925, L&T has now managed to conquer the level decisively.
The stock quoted higher for the seventh straight days, and has gained 8 per cent during the period.
Analysts expect the markets to remain upbeat until the presidential polls, but investors may be better off on the sidelines until then
L&T has emerged as the lowest bidder in the financial bids for the design and construction of civil works for 47 per cent of the alignment of the Mumbai-Ahmedabad High-Speed Rail corridor
From looking at the strategic sale of Hind Copper to L&T likely winning the tender for the bullet train, here the top business headlines this morning