Mumbai, May 5 (IANS) Larsen and Toubro (L&T) on Tuesday reported a 3 per cent decline in consolidated net profit for the March quarter (Q4 FY26).The engineering and construction major posted a consolidated net profit of Rs 5,326 crore for Q4 FY26, down 3 per cent from Rs 5,497 crore in the year-ago period (Q4 FY25), according to its stock exchange filing. The decline was largely attributed to a high base effect, as the corresponding quarter last year included an exceptional gain of Rs 475 cr…
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Jaipur, May 1 (IANS) The Sri Ganganagar dispute between a Bharatiya Janata Party (BJP) MLA and Rajasthan Urban Infrastructure Development Project (RUIDP) officials intensified on Friday, as the Assistant Engineer accused the MLA of physical assault and showed his injuries in a press conference, prompting former Rajasthan Chief Minister Ashok Gehlot to term the incident “grave”. He urged the BJP-led state government for an immediate and impartial investigation.Referring to the incident, Gehlot sa…
Mumbai, April 26 (IANS) The combined market valuation of seven of India’s top-10 most valued companies eroded by over Rs 2 lakh crore last week, with Reliance Industries and Tata Consultancy Services (TCS) emerging as the biggest laggards.The downturn came in line with a bearish trend on Dalal Street, where the Sensex plunged 1,829.33 points, or 2.33 per cent, while the Nifty declined 455.6 points, or 1.87 per cent during the week.Market sentiment remained under pressure after two consecutive …
Mumbai, April 2 (IANS) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict.Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours.All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among the top losers…
Hyderabad, Jan 20 (IANS) Telangana Chief Minister A. Revanth Reddy said on Tuesday that the state government is in continuous engagement with the Union government for securing approval for the Hyderabad Metro Rail Phase–II. Referring to his recent meeting with Union Minister for Housing and Urban Affairs Manohar Lal, the Chief Minister said that the state government is undertaking all required actions from its side for the approval of Metro Phase–II.In reply to a letter written by Union Mini…