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Tag Archives: COEN08

India’s L&T hits record high on Q1 profit beat, share buyback

BENGALURU, July 26 (Reuters) – Shares of India’s Larsen & Toubro (L&T) shares (LART.NS) jumped 4.3% to a record high on Wednesday, a day after the engineering company posted strong quarterly results, helped by a robust order book, announced a share buyback and a special dividend. L&T’s results are often …

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India rejects BYD’s $1 bln factory proposal -Economic Times

NEW DELHI, July 22 (Reuters) – India has rejected Chinese automaker BYD Co’s (002594.SZ) proposal to set up a $1 billion factory in India in partnership with Hyderabad-based Megha Engineering and Infrastructure Ltd, the Economic Times reported on Saturday. Reuters reported this month that BYD had submitted a $1 billion …

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