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Tag Archives: INDS08

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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India regulator permits Go First to resume flying with conditions

NEW DELHI, July 21 (Reuters) – India’s aviation regulator on Friday gave its nod to Go Airlines (India) to resume operations if it can meet certain conditions, including getting interim funding and approval of its flight schedule, an order viewed by Reuters showed . The cash-strapped airline stopped flying operations …

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