L&T Infrastructure Finance, a fully owned unit of Indian engineering conglomerate Larsen & Toubro, said on Thursday its retail bond issue will open on February 7 and close March 7.

L&T Infrastructure Finance had priced the issue at 8.2% annually, and 8.3% for the cumulative option, its chief exec..

India's top engineering and construction company, Larsen & Toubro, has started a restructuring plan to split the conglomerate into nine companies, the Economic Times reported on Wednesday.

Each of the nine "independent companies" will manage its own profit and loss account and have a separate chi..

MUMBAI: Top officials of one of India’s top engineering firms, Larsen & Toubro or L&T, sold a portion of their shareholdings in the company last week ahead of the firm’s disqualification from a tender floated by state-owned NTPC for supplying power equipment.

According to the company’s disclosure..

Construction and engineering major Larsen & Toubro (L&T) has gained nearly 10% in the past two trading sessions, thanks to better-than-expected results in the March ’10 quarter. The company reported a net profit of Rs 1,438 crore (on standalone basis), up 44% on a year-on-year basis.

Net sales du..

MUMBAI: Indian shares fell as investors’ hopes of a global economic recovery are fading fast, with a possible Chinese hard-landing aggravating the problems for policymakers already grappling with a crisis in Europe.

Key Indian stock indices rallied nearly 2% from the day’s lows on better-than-exp..