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JSW Infrastructure incorporates WoS - JSW Kolkata Outer Harbour Container Terminal
The Company has received Letter of Award for Integrated Development of Outer Container Terminal & Berth no. 1 through 5 at Netaji Subhash Dock, Kolkata Dock System issued by Syama Prasad Mookerjee Port Authority, Kolkata on Design Build Finance Operate Transfer basis through PPP mode.
L&T Finance Q1 PAT climbs 29% YoY to Rs 902 cr
L&T Finance reported a 28.72% year-on-year (YoY) increase in consolidated net profit to Rs 902.47 crore for the quarter ended 30 June 2026 (Q1 FY27), compared with Rs 701.10 crore in the corresponding quarter last year.
L&T Finance consolidated net profit rises 28.72% in the June 2026 quarter
Sales rise 22.38% to Rs 5212.92 crore
Setting up of Bureau of Port Security reviewed
Union ministers reviewed the Bureau of Port Security's progress on Friday. Only licensed private agencies and CISF-trained personnel will secure ports. Training for port security personnel will commence soon using existing infrastructure. A database of all security personnel will be created for the Bureau. Sagarmala Finance Corporation has sanctioned over Rs 10,700 crore in financing.
L&T Finance Q1 Results: Profit Surges 29% To Record High On Solid Retail Book Growth
L&T Finance Q1
FM Nirmala Sitharaman to meets heads of PSU banks on Mon, review foreign currency deposit mobilisation
Finance Minister Nirmala Sitharaman will meet public sector bank heads on Monday. The meeting will review progress on attracting foreign currency deposits from NRIs. RBI withdrew interest rate ceilings on certain foreign currency deposits until September 30. Concessional forex swap facilities are offered to banks for FCNR(B) deposits. This initiative aims to boost foreign currency inflows and credit flow to productive sectors.
Sitharaman To Meet Heads Of PSU Banks On Monday, Review Foreign Currency Deposit Mobilisation
Union Finance Minister Nirmala Sitharaman
Govt eases shipping rules for GIFT City to spur maritime leasing, finance
GIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing ecosystem. The move simplifies regulations for international trade operations and foreign vessel chartering. It is expected to attract global capital and encourage maritime business activities. This reform supports India's vision for a leading maritime services center.
L&T Finance Q1 profit rises 29% to record high on strong retail book growth
L&T Finance reported its highest-ever quarterly profit in the June quarter, driven by robust retail loan growth, higher disbursements and improved asset quality, while the lender continued to accelerate its transition into an AI-native financial institution.
Finance Stock Jumps 11% After Reporting ₹14,457 Cr AUM and 49% Growth in Q1 Disbursements By Trade Brains - Investing.com India
Finance Stock Jumps 11% After Reporting ₹14,457 Cr AUM and 49% Growth in Q1 Disbursements By Trade BrainsInvesting.com India
Q1 Results Live Updates: Elecon Engineering Profit Falls 60%; L&T Finance, Justdial In Focus
Big names that are set to declare results on July 10 include L&T Finance Ltd., Bank of Maharashtra, Elecon Engineering Company Ltd., Indian Bank and Just Dial.
India continues to emerge as preferred destination for Global Capability Centres, says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said India continues to emerge as a preferred destination for Global Capability Centres (GCCs) because of its skilled and strong institutions and innovation ecosystem. Addressing the CII National GCC Business Summit in New Delhi, the Finance Minister said, the country hosts more than 2100 GCCs employing 23 lakh professionals directly and generating nearly 100 billion US dollars in annual revenue. She said Global Capability Centres represent transformation by bringing together engineering, research, artificial intelligence, cybersecurity, finance, product design, and data science to drive continuous innovation. Ms Sitharaman said, MNCs are now more likely to build their next capability centres in India than anywhere else. She highlighted that Indias GCC ecosystem represents the worlds largest organised knowledge export. The Finance Minister said, Indian GCCs are assuming a growing share of global leadership mandates and strategic decision-making