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
Canada pension funds stay committed to India investments amid diplomatic tensions
Pension funds maintain a strategic outlook and are likely to wait for developments before making any major adjustments, say market experts
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
Larsen & Toubro divests entire 51% stake in L&T Infrastructure Development Projects
Proceeds from this sale would amount to Rs 2,723 crore before closing adjustments and other terms of the transaction.
Source: businesstoday.in