Business

The announcement of Larsen & Toubro Ltd (L&T) September quarter results was eagerly awaited, as the company had said it will also announce a special dividend at the same time. In fact, in anticipation, L&T shares had risen more than 5%, as some analysts estimated that the dividend payment was …

NEW DELHI: EPC senior Larsen & Toubro said Wednesday that its consolidated net profit fell 44.73 percent year-on-year (yoy) to Rs 1,410.29 crore for the September quarter compared to Rs 2,551.67 crore in the same quarter last year. Analysts in an ET NOW survey have projected a net profit of …

Larsen & Toubro (L&T) posted a consolidated profit of ₹5,230.3 crore, a sharp jump of 118% year-on-year, for the quarter ending September 30. The L&T board has approved a special dividend of ₹18 per share of capital, that is, 900% of the nominal value of ₹2 each, for fiscal year …

Private sector lender Axis Bank reported a net profit of ₹Rs 1,682.67 crore in the September quarter of fiscal year 21, versus a loss of ₹Rs 112 crore in the same period last year, due to lower tax expenditure. Total bank provisions and contingencies stood at ₹Rs 4,850.65 crore, an …

Hello and welcome to the 2020 IPL Match 48 in the UAE. Mumbai Indians (MI) face Royal Challengers Bangalore (RCB) in a 2020 Indian Premier League (IPL) match in Abu Dhabi on Wednesday. We are less than 5 minutes from launch. Television charts from the official broadcaster show Pollard will …

The lack of a reliable ecosystem and the high price of the coveted 5G spectrum will deter Bharti Airtel from participating in the auctions if they take place next year. Bharti Airtel CEO Gopal Vittal said the company would stay away from 5G auctions, if they happened next year, as …

After posting decent gains in the previous session when the benchmark indices gained nearly 1 percent, the S&P BSE Sensex fell 600 points, or about 1.5 percent, to 39,922 levels, while the NSE’s Nifty 50 Index ended the session at 11,730 levels, down 160 points. , or 1.34 percent. Sales …

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NEW DEHI: The potential acquisition of IndusInd Bank Ltd by Kotak Mahindra Bank Ltd would create India’s eighth largest lender by assets at a time when the nation is battling one of the world’s worst bad debt problems. In what could be the country’s largest banking deal, Kotak Mahindra, backed …

Announcing that all schools in the capital will remain closed until further notice in light of the Covid-19 situation, Senior Deputy Minister Manish Sisodia said Wednesday that students graduating this year will have more opportunities as the government It has added about 1,330 vacancies at the state’s colleges. “Considering the …