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A particular bright spot for listed EPC firms has been awarding of contracts for national highways, the NHAI has awarded 1330 km of highways in the fiscal first half(Sakib Ali /Hindustan Times)

EPC firms see jump in orders from government

Livemint, New Delhi | By Tanya Thomas
UPDATED ON NOV 26, 2020 09:45 AM IST
During July-September, fresh investment proposals rose 67.2% in terms of new projects and by 107.1% in terms of project investments on a quarter-on-quarter basis. In all, 2,219 new projects entailing a total investment of Rs 2.19 trillion were announced in Q2.
FILE PHOTO: A cashier checks rupee notes inside a room at a fuel station in Ahmedabad, India.(REUTERS)
FILE PHOTO: A cashier checks rupee notes inside a room at a fuel station in Ahmedabad, India.(REUTERS)

Retail investment in firms at 11-year high

Livemint, Mumbai | By Nasrin Sultana
PUBLISHED ON NOV 09, 2020 06:50 AM IST
Stocks have rallied in the September quarter as the unlocking of businesses and uptick in economic activity led to a recovery in the overall economy.
Larsen and Toubro is one of the largest construction and infrastructure development companies in the country.(Mint File Photo)
Larsen and Toubro is one of the largest construction and infrastructure development companies in the country.(Mint File Photo)

Larsen and Toubro: Revival still a work in progress

Mint, Mumbai | By HT Correspondent
PUBLISHED ON OCT 29, 2020 07:57 AM IST
The construction company posted a consolidated net profit of Rs5,520 crore, more than double the Rs2,527 crore it posted a year ago.
Work on the Kharar flyover being carried out on Tuesday. The ₹369-crore project has missed three deadlines.(HT PHOTO)
Work on the Kharar flyover being carried out on Tuesday. The ₹369-crore project has missed three deadlines.(HT PHOTO)

Complete work on Kharar flyover by March 31, Mohali admn tells L&T, NHAI

Hindustan Times, Chandigarh | By Idrees Bukhtiyar, Mohali
PUBLISHED ON FEB 05, 2020 12:54 AM IST
Aiming to open stretch from Khanpur to Desumajra by May
On traffic congestion under the flyover, the SDM said the road is currently being repaired and the work will be finished soon.(HT PHOTO)
On traffic congestion under the flyover, the SDM said the road is currently being repaired and the work will be finished soon.(HT PHOTO)

Ensure Kharar flyover is completed by July: SDM to NHAI

Hindustan Times, Chandigarh | By Idrees Bukhtiyar, Mohali
PUBLISHED ON JAN 12, 2020 12:39 AM IST
The 369-crore project entails widening of the road between Balongi and Kharar T-point, including two flyovers and three minor bridges.
HT Image
HT Image

L&T power plant resumes operations

Hindustan Times, Patiala | By Vishal Rambani, Patiala
PUBLISHED ON JAN 07, 2020 11:35 PM IST
(Representative image)
(Representative image)

Consumers must brace for power tariff hike to make up for PSPCL’s 1,420 cr coal washing charges

Hindustan Times, Patiala | By Vishal Rambani
UPDATED ON NOV 15, 2019 07:59 AM IST
Following the Supreme Court orders, PSPCL has paid 421 crore to Larsen & Toubro-run Nabha Power Limited, and 1,002 crore to Vedantta Group that runs the Talwandi Sabo Power Plant. These are coal washing charges from year 2012-13 up to October 2019.
The fraud unfolded when L&T contacted BSF a couple of days before he was scheduled to fly aboard with Amit Shah.(PTI)
The fraud unfolded when L&T contacted BSF a couple of days before he was scheduled to fly aboard with Amit Shah.(PTI)

BSF pilot accused of impersonating senior to fly Amit Shah’s plane resigns

New Delhi | By Asian News International
UPDATED ON OCT 06, 2019 03:13 PM IST
Sources in the BSF said that Sangwan had filed his resignation in the first week of September which cannot be accepted as he has a pending, ongoing departmental enquiry against him.
Mounika with her husband Harikanth Reddy at her wedding reception last year.(HT PHOTO)
Mounika with her husband Harikanth Reddy at her wedding reception last year.(HT PHOTO)

L&T to pay Rs 20 lakh compensation to kin of woman killed in freak mishap

Hindustan Times, Hyderabad | By Srinivasa Rao Apparasu
UPDATED ON SEP 23, 2019 10:13 PM IST
The woman was standing under the metro rail station at Ameerpet to avoid being drenched in heavy rain when a sharp piece of cement plastering fell on her head, killing her on the spot.
Roads in the Aerocity housing project are riddled with large potholes.(HT PHOTO)
Roads in the Aerocity housing project are riddled with large potholes.(HT PHOTO)

No amenities: Dream of quality life comes crashing for Aerocity families

Hindustan Times, Chandigarh | By Hillary Victor, Mohali
PUBLISHED ON SEP 20, 2019 01:24 AM IST
The residents blame local leaders and GMADA officials of inaction
HT Image
HT Image

Work on Chandigarh-Kharar flyover road likely to get delayed

HT Correspondent, Mohali | By HT Correspondent
UPDATED ON AUG 20, 2019 12:51 AM IST
Officials say traffic holding up construction work, multiple requests to the district administration for diversion fell on deaf ears
In a major jolt to the already cash-strapped Punjab State Power Corporation Limited (PSPCL), the Supreme Court has directed it to pay Rs 2,800 crore to Larsen & Toubro (L&T).(Amal KS/HT PHOTO)
In a major jolt to the already cash-strapped Punjab State Power Corporation Limited (PSPCL), the Supreme Court has directed it to pay Rs 2,800 crore to Larsen & Toubro (L&T).(Amal KS/HT PHOTO)

Cash-strapped power corporation gets Rs 2,800 crore shocker from SC

Hindustan Times, Patiala | By Vishal Rambani
UPDATED ON AUG 13, 2019 02:44 AM IST
The judgement was passed on August 7 by the bench of justice Rohinton Fali Nariman and justice Surya Kant while taking up a contempt petition filed by the L&T against the Punjab government and PSPCL chairman-cum-managing director (CMD).
Elsewhere in Asian, Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading significantly lower in their respective early sessions.(HT Photo)
Elsewhere in Asian, Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading significantly lower in their respective early sessions.(HT Photo)

Sensex rebounds over 200 pts; Nifty above 10,900

Mumbai | By Press Trust of India
PUBLISHED ON AUG 06, 2019 10:02 AM IST
In the previous session on Monday, both benchmark indices saw an intense volatility throughout the session due to multiple headwinds like escalation in US-China trade war, weak corporate earnings, rupee downfall and political tensions in Jammu and Kashmir.
Hybrid funds can be looked by new investers.(Getty Images/iStockphoto)
Hybrid funds can be looked by new investers.(Getty Images/iStockphoto)

Do you need hybrid funds in your portfolio?

Hindustan Times, Mumbai | By Revati Krishna
UPDATED ON AUG 05, 2019 03:36 PM IST
First-time investors, who cannot handle the volatility of equity or debt funds,can look at hybrid funds, say financial planners.
Domestic equity benchmark BSE Sensex surged over 250 points in opening trade on Monday.(PTI Photo)
Domestic equity benchmark BSE Sensex surged over 250 points in opening trade on Monday.(PTI Photo)

Sensex jumps over 250 points; Infosys rallies 5 %

Mumbai | By Press Trust of India
UPDATED ON JUL 15, 2019 12:16 PM IST
The 30-share index gave up some gains to trade 164.84 points, or 0.43 per cent, higher at 38,901.07 at 0930 hours. Similarly, the broader Nifty rose 46.95 points, or 0.41 per cent, to 11,599.45.
Top losers in the Sensex pack included Hero MotoCorp, L&T, Maruti, Bajaj Auto, M&M, Tata Motors and HUL, falling up to 3.44 per cent.(PTI Photo)
Top losers in the Sensex pack included Hero MotoCorp, L&T, Maruti, Bajaj Auto, M&M, Tata Motors and HUL, falling up to 3.44 per cent.(PTI Photo)

Sensex tanks over 600 points, Nifty at 11,600

Mumbai | By Press Trust of India
UPDATED ON JUL 08, 2019 11:16 AM IST
The 30-share index was trading 405.67 points, or 1.03 per cent, lower at 39,107.72 at 0930 hours. Similarly, the broader Nifty sank 128 points, or 1.08 per cent, to 11,683.15.
Domestic equity benchmark BSE Sensex rose over 100 points in early trade Thursday tracking positive cues from global markets ahead of the G-20 summit.(HT File)
Domestic equity benchmark BSE Sensex rose over 100 points in early trade Thursday tracking positive cues from global markets ahead of the G-20 summit.(HT File)

Sensex rises over 100 points, Nifty above 11,850

Mumbai | By Press Trust of India
UPDATED ON JUN 27, 2019 09:59 AM IST
The 30-share index was trading 88.07 points, or 0.22 per cent, higher at 39,680.15 at 0930 hours. Similarly, the broader NSE Nifty was quoting 25.20 points, or 0.21 per cent, up at 11,872.75.
Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Monday tracking weak cues from global markets as rising rift between the US and China kept investors on edge.(AFP FILE)
Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Monday tracking weak cues from global markets as rising rift between the US and China kept investors on edge.(AFP FILE)

Sensex, Nifty start on a choppy note on weak global cues

Mumbai | By Press Trust of India
UPDATED ON MAY 13, 2019 12:13 PM IST
In the previous session on Friday, the BSE bourse closed 95.92 points, or 0.26 per cent, down at 37,462.99; and the Nifty shed 22.90 points, or 0.20 per cent, to settle at 11,278.90.
The HC has now posted the bunch of PILs for further hearing on June 2, after Aney and senior advocate Anil Sakhare, representing BMC, appeared hesitant to file the application on the work done on the project till now.(HT Photo)
The HC has now posted the bunch of PILs for further hearing on June 2, after Aney and senior advocate Anil Sakhare, representing BMC, appeared hesitant to file the application on the work done on the project till now.(HT Photo)

Coastal road work remains on hold as HC refuses to lift stay

Hindustan Times, Mumbai | By Kanchan Chaudhari
UPDATED ON APR 24, 2019 06:54 AM IST
The judges, however, expressed willingness to allow the civic-appointed contractor to “strengthen” the work already done to protect it from damage during the monsoon.
The HC earlier this month heard petitions filed by a group of activists and a non-governmental organisation (NGO) — Society for Improvement of Greenery and Nature — raising environmental and ecological concerns about the coastal road(HT file)
The HC earlier this month heard petitions filed by a group of activists and a non-governmental organisation (NGO) — Society for Improvement of Greenery and Nature — raising environmental and ecological concerns about the coastal road(HT file)

Coastal road work remains on hold as Bombay HC refuses to lift stay

Hindustan Times | By Kanchan Chaudhari, Mumbai
UPDATED ON APR 24, 2019 01:01 AM IST
The bench also rejected a plea filed by the contractor, Larsen & Toubro (L&T) India Limited, wanting to be party to the public interest litigations (PILs).
The 30-share index was trading 106.69 points or 0.28 per cent higher at 38,713.70. The gauge had ended 21.66 points, or 0.06 per cent, higher at 38,607.01 in its previous session.(ANI Photo)
The 30-share index was trading 106.69 points or 0.28 per cent higher at 38,713.70. The gauge had ended 21.66 points, or 0.06 per cent, higher at 38,607.01 in its previous session.(ANI Photo)

Sensex rises over 100 points ahead of TCS, Infosys results

Mumbai | By Press Trust of India
UPDATED ON APR 12, 2019 10:10 AM IST
“Markets are expected to remain volatile in the near term till investors get more clarity from the ongoing elections and high frequency data points,” said Sunil Sharma, chief investment officer, Sanctum Wealth Management.
A man ties a balloon to the horns of a bull statue at the entrance of the Bombay Stock Exchange (BSE).(REUTERS)
A man ties a balloon to the horns of a bull statue at the entrance of the Bombay Stock Exchange (BSE).(REUTERS)

Sensex down 450 points on weak global cues

Mumbai | By Indo Asian News Service
UPDATED ON MAR 25, 2019 02:55 PM IST
The S&P BSE Sensex fell over 450 points or 1.19 per cent at 37,711.80, from its previous close of 38,164.61 while the Nifty fell by 127 points to 11,329.40.
L&T had in 2017 won the Rs 4,500-crore contract from the Ministry of Defence to supply 100 units of K9 Vajra-T 155 mm/52 calibre tracked self-propelled gun systems to the Indian Army under the Centre’s ‘Make in India’ initiative.(PTI)
L&T had in 2017 won the Rs 4,500-crore contract from the Ministry of Defence to supply 100 units of K9 Vajra-T 155 mm/52 calibre tracked self-propelled gun systems to the Indian Army under the Centre’s ‘Make in India’ initiative.(PTI)

Narendra Modi inaugurates India’s first private Howitzer-manufacturing facility in Gujarat

Hazira (Gujarat) | By Press Trust of India
UPDATED ON JAN 19, 2019 05:57 PM IST
Prime Minister Narendra Modi on Saturday inaugurated the Armoured Systems Complex of Larsen and Toubro in Gujarat, the first private facility in the country where the K9 Vajra self-propelled Howitzer guns will be manufactured.
While civic body has already raised Rs 200 crore, it is looking to raise more money through bonds in phase-wise manner for the project.(HT/PHPTO)
While civic body has already raised Rs 200 crore, it is looking to raise more money through bonds in phase-wise manner for the project.(HT/PHPTO)

24x7 water plan underway in Pune, more funds needed

Hindustan Times, Pune | By Abhay Khairnar
UPDATED ON JAN 01, 2019 03:18 PM IST
A year after the Pune municipal corporation (PMC) raised Rs 200 crore through municipal bonds for the 24x7 water supply scheme, the civic body now needs more funds to kick-start the project, which it will raise through bonds
People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)
People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)

Sensex rallies over 300 points, Nifty reclaims 10,800 level

Press Trust of India | By Press Trust of India
UPDATED ON DEC 28, 2018 10:09 AM IST
Top gainers include HDFC duo, Reliance Industries, ICICI Bank, L&T, ITC, HUL, SBI, TCS and Sun Pharma, rising up to 2%.
The Monorail service was started from Chembur to Wadala in Mumbai, on September 1, 2018.(Kunal Patil/HT File)
The Monorail service was started from Chembur to Wadala in Mumbai, on September 1, 2018.(Kunal Patil/HT File)

MMRDA sends notice to Monorail operator for ‘incompetence, delays, negligence’

Hindustan Times, Mumbai | By Tanushree Venkatraman
UPDATED ON DEC 13, 2018 02:05 PM IST
MMRDA’s notice to LTSE was served under the clause of “termination by employer” for “gross negligence”, “incompetence”, “lack of interest in successfully completing the project” and “faults” in construction and operation of the Monorail.
Dr. Anant Sardeshmukh, Director General, Member of Executive Board (2016 - 17), Mahratta Chamber of Commerce, Industries and Agriculture.(Ravindra Joshi/HT PHOTO)
Dr. Anant Sardeshmukh, Director General, Member of Executive Board (2016 - 17), Mahratta Chamber of Commerce, Industries and Agriculture.(Ravindra Joshi/HT PHOTO)

‘Increased interaction, genuine outreach, helping solve problems’

Hindustan Times, Pune | By Namita Shibad
UPDATED ON SEP 29, 2018 04:14 PM IST
One was to create a confidence in the SME sector. The chamber is very interested in the welfare of SMEs. Somehow they were shy of us and felt that we were tit was only for the big companies.
The BSE recovered strength on fresh buying ahead of the no-confidence motion in Lok Sabha on Friday.(Hindustan Times Media)
The BSE recovered strength on fresh buying ahead of the no-confidence motion in Lok Sabha on Friday.(Hindustan Times Media)

Sensex closes 145 points higher, Nifty above 11,000 as PM Modi to face no-confidence motion

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON JUL 20, 2018 03:54 PM IST
The BSE Sensex which had lost 168.73 points in the previous two sessions, ended 145.14 points or 0.40% higher at 36,496.37, while the broader NSE Nifty settled the day 0.48% or 53.10 points higher at 11,010.20.
(Image: Varrocgroup.com)
(Image: Varrocgroup.com)

Varroc Engineering IPO open for subscription at price band of Rs 965 - Rs 967

Hindustan Times, New Delhi | By Alisha Sachdev
UPDATED ON JUN 26, 2018 11:58 AM IST
Automative parts-maker Varroc Engineering’s offer for sale for over 2 crore equity shares will remain open until June 28.
View of Bombay Stock Exchange with digital broadcast on the facade in Mumbai.(Kunal Patil/HT Photo)
View of Bombay Stock Exchange with digital broadcast on the facade in Mumbai.(Kunal Patil/HT Photo)

Sensex sheds 115 points on profit booking, RIL shares end over 1% higher

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON JUN 21, 2018 04:48 PM IST
The BSE Sensex ended 114.94 points, or 0.32% lower at 35,432.39 on Thursday.
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