India Business News: NEW DELHI: Infrastructure major Larsen and Toubro (L&T) on Tuesday posted a 15% rise in consolidated profit after tax at Rs 2,947 crore in the Dec qua.
Investors wealth climbed Rs 6 lakh crore on Monday, with the BSE Sensex rallying nearly 2 per cent, driven by heavy buying in Reliance Industries and a rally in Asian markets. The 30-share BSE Sensex jumped 1,240.90 points or 1.76 per cent to settle at 71,941.57. During the day, it soared 1,309.55 points or 1.85 per cent to 72,010.22.
Budget 2024: The interim nature of the budget coupled with the expected slowdown in order books and execution of the industrial companies may lead to a muted performance in the first half of FY25.