{"id":346583,"date":"2020-04-14T09:26:53","date_gmt":"2020-04-14T03:56:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346583"},"modified":"2020-04-14T09:27:06","modified_gmt":"2020-04-14T03:57:06","slug":"larsen-toubro-gains-5-on-winning-major-contracts-fund-raising-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/larsen-toubro-gains-5-on-winning-major-contracts-fund-raising-plan\/","title":{"rendered":"Larsen &amp; Toubro gains 5% on winning &#8216;major&#8217; contracts, fund raising plan"},"content":{"rendered":"<p>Shares of Larsen &amp; Toubro (L&amp;T) rose 5 per cent to Rs 853 on the BSE on Monday after the company announced that it has won major contracts for its power transmission &amp; distribution business. The stock was trading higher for the fifth straight day. <\/p>\n<p>The board of the construction &amp; engineering major also approved long-term borrowing of up to Rs 9,000 crore, either through external commercial borrowings, term loans, non-convertible debentures or any other instrument as may be appropriate. <\/p>\n<p>L&amp;T announced major award wins in the power transmission and distribution business, which includes sub-station works in Egypt and Kuwait and another grid station project in Oman.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Larsen &amp; Toubro (L&amp;T) rose 5 per cent to Rs 853 on the BSE on Monday after the company announced that it has won major contracts for its power transmission &amp; distribution business. The stock was trading higher for the fifth straight day. The board of the construction &amp; engineering major also approved long-term borrowing of up to Rs 9,000 crore, either through external commercial borrowings, term loans, non-convertible debentures or any other instrument as may be appropriate. L&amp;T announced major award wins in the power transmission and distribution business, which includes sub-station works in Egypt and Kuwait [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-346583","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=346583"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346583\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}