R. Shankar Raman News

Industry

L&T wins $250 million EPC contract for 400MW power plant in Bangladesh

L&T's scope includes design, detail engineering, supply, installation and commissioning of the complete gas-based power plant in Bangladesh on a turnkey basis

2 min read30 Nov 2017
Companies

L&T may sell some assets by March to fund acquisition spree

Schneider Electric SE is in exclusive talks to buy L&T's electrical unit, L&T in talks with investors on an IPO for some road assets

2 min read28 Nov 2017
Companies

L&T CFO R Shankar Raman: Don’t see private sector coming back for the next couple of years

L&T CFO R Shankar Raman is of the opinion that the govt's preparedness for GST rollout was nowhere close to what was claimed and this showed in the GDP growth numbers

4 min read22 Sep 2017
Companies

L&T pins hopes on government initiatives for change in fortunes

Group executive chairman A.M. Naik says PM has made significant changes that will bring long-term efficiency and equity into the Indian economy

2 min read3 Feb 2016
Market

L&T shares jump 5.2% after Q3 earnings

The stock touched a high of Rs1,151.50 and gained as much as 5.2%, its steepest gains since 2 June 2014

1 min read1 Feb 2016
Companies

L&T stretches out payment cycle to manage cash flows

L&T is not alone in facing these problems and other firms are also seeing a delay in payments, which is then spilling over to their own vendors

3 min read3 Sep 2015
Companies

L&T Infotech considering acquisitions ahead of IPO

Buying companies will help L&T Infotech build scale and compete with larger rivals, says L&T CFO Raman

2 min read18 May 2015
Companies

L&T raises $600 million to fund future projects

L&T raises $600 million to fund future projects

1 min read8 Oct 2009
Companies

L&T says it will invest in Satyam from growth preparedness pool

L&T says it will invest in Satyam from growth preparedness pool

2 min read30 Jan 2009

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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