LTIMindtree unlikely to make entry into Nifty50 in March: Nuvama Wealth

LTIMindtree unlikely to make entry into Nifty50 in March: Nuvama Wealth

LTIMindtree, the merged entity that houses conglomerate Larsen & Toubro’s information technology business, is unlikely to be part of the benchmark Nifty50 during the upcoming March index review, Nuvama Wealth reiterated. The completion of the merger of Larsen & Toubro Infotech and Mindtree in November sparked speculation of the new entity, India’s fifth largest IT … Read more

Market movers: ‘Significant’ gains in L&T on order win; Airtel rises on new plans

Market movers: ‘Significant’ gains in L&T on order win; Airtel rises on new plans

NEW DELHI: Larsen & Toubro (L&T) has secured one more ‘significant’ package in the Chennai Metro Rail Projects. L&T has been awarded Package C3 (CP08 EV01) of Phase-II Chennai Metro Rail Projects. The scope of CP08 EV01 package involves the construction of an elevated viaduct of approximately 10 km, including an elevated ramp and ten … Read more