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Larsen & Toubro: Disappointing results
Even as the order inflow was healthy, analysts feel the company may fall a tad short of its new revenue growth guidance.

RBS, Lloyds get $51 bn in second bank bailout
Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc will receive 31.3 billion pounds ($51 billion) in a second bailout from the UK taxpayer as the two banks agreed to cap bonuses.

News of the day

Emami may join race to acquire UK's Simple
Emami may join the race to buy Simple, one of the largest skincare brands in the UK. Sources familiar with the development say the company is exploring all options and may approach the management of the UK-based company shortly.
Small Business

Smartinvestor Special: PSU stocks as an investment theme

J Venkatesan, Fund Manager, Sundaram BNP Paribas MF spoke with Jitendra Gupta about PSU stocks as an investment theme. Why do you think that PSU stocks can be an investment theme? What we are seeing is that the process of disinvestment changes the attitude of the owner, namely the government and the management and also improves the functioning of the companies because of what we call as ‘searchlight effect’. The reasons to play the theme are more to do with what we explained earlier. Visit Smartinvestor.in for the detail interview: PSU stocks as an investment theme


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