L&T
Infrastructure
PE investors smell fresh opportunity in India's mired power sector
The Indian power sector has been beleaguered on both upstream and downstream sides for the last several years now, mainly ......
Finance
Edelweiss Alternatives acquires 51% in L&T arm
To reduce its exposure to the non-core asset-heavy developmental projects portfolio, Larsen and Toubro sold its 51% stake in L&T ......
TMT
L&T transfers L&T Nxt to IT services subsidiary Mindtree
Mumbai based engineering and construction conglomerate Larsen & Toubro (L&T) has transferred its digital transformation business, L&T-NxT, to its technology ......
Finance
Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor
Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz Global Investors and ......
People
Check out India's highest-paid corporate executives
The management remuneration of promoters of publicly listed firms took a breather but fat stock-based pay of professionals made up ......
Finance
As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past
In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......
People
Mindtree CEO, two founders quit after L&T completes takeover
Mindtree Ltd said on Friday that chief executive officer Rostow Ravanan and founders Krishnakumar Natarajan and NS Parthasarathy will be ......
Investor Bulletin
Podcast: Warburg, Nalanda & True North record exits; Brookfield's renewables play
There were some high-profile exit deals in the world of private equity this week, with Warburg Pincus recording stellar returns ......
TMT
L&T tightens grip on Mindtree as three top execs get board seats
Larsen & Toubro Ltd (L&T) has secured three seats on the board of Mindtree Ltd as the engineering giant presses ......
Manufacturing
Schneider's $2.1 bn Temasek-backed India deal gets CCI nod with riders
India’s antitrust regulator has approved the acquisition of Larsen & Toubro Ltd’s electrical and automation business by French corporation Schneider ......
