Larsen & Toubro Ltd (LART.NS)
NAGPUR - The man Prime Minister Narendra Modi has tasked with launching a China-style infrastructure boom calls himself a "bulldozer" and promises to add two percentage points to India's economic growth in two years.
NAGPUR, India, Sept 2 - The man Prime Minister Narendra Modi has tasked with launching a China-style infrastructure boom calls himself a "bulldozer" and promises to add two percentage points to India's economic growth in two years.
- Note: Reuters has not verified this story and does not vouch for its accuracy
** Nomura downgrades Cummins India to "reduce' from "" citing expensive valuations
MUMBAI - The BSE Sensex and Nifty fell on Friday as weak results of industrial goods makers raised fresh concerns over a much-anticipated recovery in India's investment cycle and earnings growth, while caution also prevailed ahead of U.S. jobs data due later in the day.
** State run Bharat Heavy Electricals falls 8 pct after its June-quarter profit declined by 82.5 percent
NEW DELHI/MUMBAI - Industrial giant Larsen & Toubro Ltd criticised on Friday the "unhurried pace" of government reforms for weakening investment in its home market, as it reported a 37 percent slide in first-quarter profit.
* Proposes to sell shares in L&T Infotech Ltd (Adds management comments, details, industry context)
* Exec says guidance for growth in revenue and order inflow for FY16 unchanged at 15 pct Further company coverage: (Reporting By Aman Shah in MUMBAI)
NEW DELHI, July 31 - India's Larsen & Toubro Ltd reported on Friday a net profit of 6 billion rupees ($93.6 million) for its first quarter, more than a third down on the previous year, and the engineering giant said the short-term business environment remained "challenging".