Tag: L&T

Govt’s capex plans likely to get renewed push from RBI windfall

Source: economictimes.indiatimes.com An additional windfall of Rs 58,000 crore from the Reserve Bank of India (RBI) over and above the budgeted estimate may prompt the government to increase capital expenditure (capex). Companies including ACE Construction, Ashok LeylandNSE -1.50 %, Escorts, L&T, Sandhar Technologies and Tata MotorsNSE -1.76 % are dependent on the government’s capital expenditure

Market trades slightly higher, Nifty above 11,700; Zee Entertainment, L&T, Yes Bank among top losers

Source: cnbctv18.com The Indian market was trading slightly higher around noon on Tuesday, with the Sensex trading at 39,160.83, up 40.61 points, or 0.10 percent, and the Nifty 50 trading at 11,712.55, up 12.90 points, or 0.11 percent. Asian shares tumbled on Tuesday after investors turned cautious ahead of the meeting between US President Donald