Chennai, Jan 31 (IANS) The DMK government has announced plans to install a towering 125-foot statue of Chola emperor Raja Raja Chola at the upcoming Grand Chola Museum in Thanjavur, reaffirming its commitment to honouring iconic figures from Tamil history. Public Works Department (PWD) Minister E.V. Velu said the statue would serve as the centrepiece of the ambitious museum project. According to the minister, the proposed statue will be modelled on the Raja Raja Chola statue that was i…
Latest Larsen & Toubro News & Updates
Mumbai, Jan 28 (IANS) Engineering and construction major Larsen & Toubro (L&T) on Wednesday reported a 4 per cent decline in its consolidated net profit to Rs 3,215 crore for the quarter ended December 31, 2025, (Q3 FY26) mainly due to a one-time exceptional expense linked to new labour laws, even as revenue and order inflows remained strong.The company said it made a one-time material provision of Rs 1,191 crore, net of tax and non-controlling interest, towards employee benefits arising…
Mumbai, Jan 25 (IANS) Bajaj Finance’s market capitalisation fell by over Rs 14,000 crore last week as weak market sentiment dragged down most of India’s top-valued companies.The sharp fall came amid a broader sell-off in equities, driven by global uncertainties, foreign investor outflows and pressure on the rupee.The combined market valuation of nine of the top-10 most valued companies declined by Rs 2.51 lakh crore last week — reflecting a sharp downturn in the stock market.Bajaj Finance w…
Mumbai, Jan 18 (IANS) The combined market valuation of three of India’s top companies surged by Rs 75,855.43 crore last week, even as the overall stock market showed a sluggish trend during the holiday-shortened week. State Bank of India (SBI) and Infosys were the biggest gainers among the top firms. While the Sensex slipped 5.89 points, the Nifty inched up by 11.05 points over the week.Commenting on Nifty technical outlook, an expert said that “immediate resistance is placed at 25,875, foll…
Mumbai, Jan 13 (IANS) Shares of Larsen & Toubro came under sharp selling pressure on Tuesday after media reports suggested that Kuwait is considering cancelling oil project tenders worth $8.7 billion.L&T said the projects mentioned in the reports were not part of its current order book.“With reference to the media report regarding discussions on possible cancellation of certain oil project tenders in Kuwait, the Company would like to clarify that the projects referred to in the said re…
Mumbai, Jan 9 (IANS) In a boost for the ‘Make in India’ and ‘Digital India’ initiatives, L&T Semiconductor Technologies Limited (LTSCT) on Friday announced its entry into the cellular IoT module business during ‘CES 2026.’The launch empowers OEMs and device makers to rapidly integrate pre-certified 4G modules into smart devices spanning energy meters, industrial sensors, and connected vehicles.This marks a strategic step forward for India’s electronics ecosystem, dramatically acc…
Mumbai, Jan 4 (IANS) The combined market capitalisation of seven of the top-10 most-valued companies rose by Rs 1.23 lakh crore last week, tracking a positive trend in the equity markets as benchmark indices posted healthy gains.The upbeat sentiment helped the Sensex climb 720.56 points, or 0.84 per cent, during the week — reflecting broad-based buying interest across sectors.Among the top-10 most valuable companies, shares of HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Larsen &a…
Mumbai, Jan 1 (IANS) Indian equity markets ended the first trading session of the calendar year 2026 on a flat note, as investors stayed cautious in the absence of strong domestic or global triggers.At the close of trade, the Sensex slipped marginally by 32 points, or 0.04 per cent, to settle at 85,188.6.The Nifty, meanwhile, edged higher by 16.95 points, or 0.06 per cent, to close at 26,146.55.“For the Nifty, 26,000–26,050 continues to act as an immediate support zone; as long as this area …
Mumbai, Dec 28 (IANS) Bajaj Finance was among the major losers last week as the combined market valuation of seven of India’s top-10 most valued companies fell by Rs 35,439.36 crore amid a muted trend in equities during a holiday-shortened week.The market capitalisation of Bajaj Finance declined by Rs 5,102.43 crore, taking its total valuation to Rs 6,22,124.01 crore, according to official data.The broader market, however, showed limited gains, with the BSE benchmark index rising marginally by…
Mumbai, Dec 22 (IANS) Indian stock markets ended on a strong note on Monday, extending the gains seen in the previous session, even as global cues remained mixed. Buying interest in information technology and metal stocks helped push the benchmark indices higher.Positive sentiment was also supported by optimism around the signing of the India–New Zealand free trade agreement, which boosted investor confidence.The Sensex closed at 85,567.48, rising by 638.12 points, or 0.75 per cent. Similarly,…