Larsen & Toubro Ltd (LART.NS)
|Market Cap (Mil.):||Rs932,297.19|
|Shares Outstanding (Mil.):||615.82|
* India's main BSE index falls 0.66 percent and the broader NSE index is down 0.8 percent, heading towards their fourth consecutive session of declines. * Asian stocks slid and the dollar rose to a 4-1/2 year high after Fed Chairman Ben Bernanke's remarks sparked worries of a reduction in U.S. monetary stimulus and after data showed China's factory activity shrank for the first time in seven months in May. * Ranbaxy Laboratories Ltd slumps 6 percent after majority shareholder Daiichi Sankyo
NEW DELHI/MUMBAI - Larsen and Toubro Ltd, India's largest engineering and construction group, will look overseas to offset a weak economy and project bottlenecks at home that led to a bigger-than-expected profit drop.
* BSE index falls 0.25 pct; NSE ends 0.32 pct lower * Fed minutes, Bernanke's testimony on watch By Abhishek Vishnoi MUMBAI, May 22 - Indian shares fell for a third consecutive session on Wednesday, to mark their lowest close in almost two weeks after Larsen & Toubro slumped nearly 6 percent as its orderbook guidance sparked worries about the health of the domestic economy. Larsen & Toubro Ltd's (L&T) guidance has sparked concerns about corporate profits after a mixed
MUMBAI, May 22 - Indian shares fell for a third consecutive session on Wednesday, to mark their lowest close in almost two weeks after Larsen & Toubro slumped more than 6 percent after its orderbook guidance sparked worries about the health of the domestic economy.
MUMBAI, May 22 - India's Larsen & Toubro Ltd expects sales to rise 15-17 percent for the fiscal year to March 2014, Executive Chairman A.M. Naik said on Wednesday.
* India's main BSE index falls 0.05 percent, while the broader NSE index is down 0.1 percent. * Larsen and Toubro Ltd falls 5 percent after reporting a worse-than-expected 6.9 percent drop in quarterly profit to 17.88 billion rupees. * Zee Entertainment Ltd is also down 1.1 percent after its January-March profit rose 12.5 percent to 1.80 billion rupees. * Lenders such as HDFC Bank Ltd fall on caution ahead of Wednesday's release of minutes of the Federal Reserve's last meeting and Chairman B
NEW DELHI, May 22 - Larsen & Toubro Ltd, India's biggest engineering company, said it had an order book of 1.54 trillion rupees ($27.9 billion) at the end of March.
NEW DELHI, May 22 - Larsen and Toubro Ltd (L&T) posted a worse-than-expected 6.9 percent fall in quarterly profit as interest costs jumped for India's biggest engineering and construction company.
KHOBAR, Saudi Arabia - State-run Saudi Aramco has awarded Larsen & Toubro (L&T) a contract to build facilities including a gas processing plant for its Midyan gas field, state news agency SPA reported.
KHOBAR, Saudi Arabia, May 21 - State-run Saudi Aramco has awarded India's Larsen & Toubro (L&T) a contract to build facilities including a gas processing plant for its Midyan gas field, state news agency SPA reported.