By LiveMint-Business
While order inflows were on the upside, L&T’s consolidated profit for the December quarter fell 4% y-o-y to ₹3,215 crore, weighed down by a one-time provision of ₹1,191 crore to comply with India’s new labour codes. Excluding that one-time provision, profit rose by a third y-o-y to ₹4,406 crore.
After nearly two decades of stop-start negotiations, India and the European Union have concluded their largest-ever free trade agreement, unlocking sweeping tariff cuts, deeper services access and a strategic economic partnership spanning nearly two billion consumers
The state-run firm is in talks with Danish shipping major Maersk, Italian major Mediterranean Shipping Company SA, and Germany's HAPAG-Lloyd to source crude oil from the planned LNG bunkering facility at Kerala's Vizhinjam port, Rahul Tandon, head of BPCL's gas business, told Mint.
Easy Home Finance plans to use the fresh capital to expand into new markets across India and invest further in product development and technology.
