What L&T’s Q1 result tells us about state of investment demand in Indian economy

What L&T’s Q1 result tells us about state of investment demand in Indian economy

As India’s largest infrastructure and engineering conglomerate, Larsen & Toubro Ltd is proxy for the state of investment demand. The company’s June quarter’s media release on its performance has many takeaways. Fresh order intake fell 11% to Rs26,400 crore. But...
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LG Books First Quarterly Loss in 6 Years on Worst Mobile Result

LG Books First Quarterly Loss in 6 Years on Worst Mobile Result

South Korea’s LG Electronics Inc on Wednesday reported its first quarterly operating loss in six years in October-December due to its worst mobile performance. Its fourth-quarter loss reached KRW 35 billion ($30.06 million or roughly Rs. 204 crores), in ...
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an excessive amount of law might also result in threat Of Shadow Banking: RBI

an excessive amount of law might also result in threat Of Shadow Banking: RBI

New Delhi: caution in opposition to excessive banking law, Reserve financial institution of India Governor Raghuram Rajan on Saturday said this can lead to activities moving to shadow monetary device and admitted to the dearth of “knowhow” for such...
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