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Tata Motors charts investments in PV and CV businesses Kone India eyes further growth in elevator market It takes two to tango Daimler’s truck exports from Chennai cross 5000 units AL introduces Guru & Partner Carnival Films acquiring 3000 screens pan India V-Guard launches app-enabled water heater system Wabco launches safety system Singur minus Nano – victory or folly? Eyes strong growth in 2016-17 Gamesa to set up a plant in Nellore Welcome focus to improve rural India... LVB posts 31 per cent growth in Q1 net profit When small is not so beautiful… Ode to Ratan Tata Solar installations exceed 2015 capacity in five months He excels in the nuts and bolts of entrepreneurship Increasing market share Titan Company – sales recovery to kick in Hyundai to focus on SUVs and AMT variants ITC chairman calls for policy impetus to transform agriculture TVS Srichakra plans capacity expansion Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Dish TV – subscriber additions encouraging 29 per cent jump in TCS revenues Are they really independent? IOB on turnaround path Hyundai India achieves 7 mn production at Chennai factory Vellayan is back, after 150 days E.I.D Parry (India) Ltd: another sweet year Toyota and Suzuki to introduce EVs in India by 2020 L&T profit up by 11 per cent Yamaha unveils scooter boutique PSU non-life firms seek to protect share Land wars Shriram Life clocks more than Rs.1000 crore premium in 2015-16 L & T’s floating dock for navy L & T set bigger ambitions in defence business Record two-wheeler sales Forging industry worried over lower supply of steel and its price M & M unveils driverless technology for tractors From the toughest to the best year TN government keen on revival of operations at Nokia complex Aurobindo Pharmacy: good turnaround Tata Motors aims to be among the Top 3 global CV & PV firm Right to privacy – now it’s fundamental! PPP model for infrastructure development AL wins Deming prize again Emami – a new growth mantra A niche in FMCG business... TVS Automobile invests Rs.75 crore in start-up firms TI Cycles plans retail expansion to drive sales for premium bicycles New India Assurance posts impressive show A welcome initiative-even critics are recognised Is this a generation gap? Mercedes-Benz sales continue to zoom Consolidating leadership position in smartphones Preparing for the next growth curve Back in growth mode Smooth sailing of SAIL Tata Motors joins compact SUV bandwagon with Nexon Last stages Daimler grows sales and share in India Smartphone onslaught by Chinese brands ITC – steep excise hike Chinese smart phones flourish in small towns too! Tata gets 4-star rating for Zest Housing demand revival L&T bags the Mumbai Trans-harbour link order The gainers and the losers CAPITAL NOTES Maruti – for young buyers Rane targets Rs.5500 crore topline by 2018-19 Sivasankaran enters taxi space to take on Uber and Ola Bajaj Finserv – Q1: fare well The unexpected exit Hindalco – re-rating Sundram Fasteners rejigs international Nissan exit shouldn’t affect ALL AL secures orders for 3600 buses Tata Motors bets on new launches Michelin to double Chennai capacity RoC in the dock... HPCL plans Rs.61,000 crore capex over 5-years Tata Steel, ThyssenKrupp sign MoU to merge European units
 
L&T profit up by 11 per cent

The Indian conglomerate has posted impressive result against a backdrop of challenging environment. At the group level, gross revenue stood at Rs 75,195 crore and the profit after tax grew 11 per cent to Rs 5026 crore. The engineering and constructions division has posted the maximum growth of 25 per cent over last year, among all the segments, registering a profit after tax of Rs 4911 crore. To keep the order book full, the company plans to intensify its international operations, which accounted for 17 per cent of order inflows this year. The segment-wise revenues were: Rs 54,378 crore from Engineering and Constructions (88 per cent), Electricals and electronics Rs 3403 crore (6 per cent), machinery and industrial products Rs 2303 crore (4 per cent) and others were Rs 1387 crore (2 per cent).

 

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