With this, L&T will divest its entire stake in the concession subsidiary, L&T IDPL. This is in line with L&T's strategy of reducing its exposure to the non-core asset-heavy developmental projects portfolio, according to a statement from Larsen and Toubro.
The Bengaluru-headquartered firm is offering fresh shares worth Rs 400 crore and is selling Rs 100 crore shares through the offer-for-sale at a price band of Rs197-207 apiece.
Share of the company has a face value of Rs2 apiece and will be listed on BSE and NSE. The lead managers of the firm
Mumbai (Maharashtra) [India], September 19 (ANI/PRNewswire): AppSealing, a leader in Mobile App Shielding solutions, announced today that its solution has been selected by Edelweiss Wealth Management, one of the leading wealth management players in India. The solution will help Edelweiss Wea
Mumbai (Maharashtra) [India], September 9 (ANI/NewsVoir): Digital insurer Edelweiss General (EGI) has announced that it has extended its Group Health Insurance policy to include members of the LGBTQIA+ community. EGI's revamped group health policy now covers both LGBTQIA+ and unmarried partn
Mumbai (Maharashtra) [India], July 29 (ANI/NewsVoir): Edelweiss General Insurance (EGI) has launched the Switch Pay as you Drive (PAYD) add on for its Private car package policy, adding to its usage-based motor insurance product suite in India. EGI had launched Switch 2.0 earlier this month,
Mumbai (Maharashtra) [India], July 21 (ANI/PRNewswire): Edelweiss General Insurance (EGI), has launched SWITCH, India's first and only on-demand comprehensive motor insurance product, under the IRDAI's Sandbox initiative.
New Delhi [India], June 24 (ANI): India's current account deficit (CAD) is expected to widen and be in the range of 2.6 per cent to 2.8 per cent of gross domestic product (GDP) in the current financial year FY23, said brokerage and financial services firm Edelweiss Broking.
New Delhi [India], January 29 (ANI/PRNewswire): After the huge success of YCO 2021 on the virtual platform, YCO 2022 will once again capture the online platform with another exhilarating edition of the World's Biggest Virtual Culinary Battle, the 8th International IIHM Young Chef Olympiad.
New Delhi [India], January 21 (ANI/BusinessWire India): In a first-of-its-kind opportunity, 100 NGOs doing critical and credible social impact work across the nation have been selected to receive grants from the GROW Fund, which is anchored by EdelGive Foundation along with several reputed f
Glasgow [UK], November 14 (ANI/Sputnik): Adoption of Article 6 of the 2015 Paris agreement by COP26 member countries is the main achievement of the 26th UN Conference on Climate Change, Ruslan Edelgeriyev, the Russian president's special envoy for climate, said on Sunday.
Moscow [Russia], November 3 (ANI/Sputnik): Russia, under favourable circumstances, including the lifting of sanctions pressure, may achieve carbon neutrality before 2060, Russian Special Presidential Representative on Climate Issues Ruslan Edelgeriyev told Sputnik.
Bengaluru (Karnataka) [India]/ London [UK]/ San Jose (California) [USA], September 2 (ANI/PRNewswire): Microland, a global digital transformation company, announced today it has been selected by Knight Frank, leading global real estate advisers, headquartered in London, United Kingdom, as it