L&T gains as arm to divest stake in subsidiary
L&T recorded a 45 percent jump in net profit for the second quarter of fiscal year 2023-24 at Rs 3,223 crore
Source: moneycontrol.com
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Mid-day Mood | Benchmarks march higher amid Asian rally; SBI dips after Q2 show
Barring consumer durables, all sectors were trading in the green, led by realty, utilities, commodities, energy, industrials, oil & gas and capital goods.
Source: moneycontrol.com
indinfravit: IndInfravit completes acquisition of 4 Brookfield road projects for USD 1 bn
The funding for the acquisition was through a rupee term loan, the issue of non-convertible debentures and the preferential issue of units to the unitholders namely, Canada Pension Plan Investment Board (CPP Investments) and OMERS Infrastructure.
Source: indiatimes.com
IndInfravit Trust declares distribution of Rs. 4.68 per unit
The Board of Directors of the LTIDPL IndvIT Services Limited, the Investment Manager of IndInfravit Trust at its meeting held on May 8, 2023 considered and declared distribution of Rs. 4.68 per unit, for the Trust for the quarter ended March 31, 2023.
Source: equitybulls.com
IndInfravit Trust announces cessation of nominee director
With effect from 06 May 2021Consequent to sale of units by Sadbhav Infrastructure Project (SIPL), the percent of units held by SIPL has fallen below the minimum threshold required. Accordingly, SIPL has withdrawn the nomination of Nitinkumar Rameshchandra Patel (DIN: 00466330) as a director of LTIDPL IndvIT Services (LTIDPL) (the investment manager of IndInfravit Trust) with effect from 06 May 2021. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived ...
Source: business-standard.com