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During the last financial year (2010-11), Indian Investment Abroad in Joint Ventures and Wholly Owned Subsidiaries came down by 36.5% to $10.3 billion.

According to the latest statement from the central bank (RBI) in the year investments financed through loans recorded an increase over the previous year whilst investment financed through equity declined sharply.

For the three month period ended March 2010, the country's outward investment stood at $1.9 billion, showing a fall of 52.7% over the corresponding quarter of the previous year.

Union Minister of Petroleum and Natural Gas Murli Deora has made announcement about the launching of another value added service for domestic LPG clients "Preferred Time Delivery of LPG Cylinders" on Tuesday.

Under the new plan, the domestic LPG users across India can get the delivery of the LPG refills to get the cylinder at home on the day and time of their choice by paying a small cost.

During the initial stage, the new service is being rolled out in the cities of Delhi, Gurgoan, NOIDA, Faridabad, Sonepat, Ghaziabad, Pune and Bengaluru.

Stock market analyst MB Singh is of the view that investors can buy Larsen & Toubro Ltd with a target of Rs 2200.

According to analyst, the interested investors can buy the stock stop loss of Rs 1720.

Today, the shares of the company opened at Rs 1848 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 1850 and a low of Rs 1340 on BSE.

Current EPS & P/E ratio stood at 52.56 and 35.05 respectively.

Larsen & Toubro (L&T) has pocketed offshore rig refurbishment order from ONGC worth $83 million.

The 30-share index continued to gain for the fifth successive day today following worldwide signals.

Realty and banking stocks remained the top gainers today.

At 10.08 a. m., the Sensex gained 119.18 points to trade at 18,105.08. In the meantime, the broad-based Nifty was trading 37.30 points up at 5,437.95.

Today, the Sensex belled the day after gaining 39.05 points at 18,024.95, whereas Nifty begun the day with a fall of 30.45 points at 5,370.20.

The 30-share index continued to gain for the fifth successive day today following worldwide signals.

Realty and banking stocks remained the top gainers today.

At 10.08 a. m., the Sensex gained 119.18 points to trade at 18,105.08. In the meantime, the broad-based Nifty was trading 37.30 points up at 5,437.95.

Today, the Sensex belled the day after gaining 39.05 points at 18,024.95, whereas Nifty begun the day with a fall of 30.45 points at 5,370.20.

Stock market analyst Kunal Sarogi has maintained 'hold' rating on Tech Mahindra Ltd stock, which is in a long-term uptrend.

According to analyst, the stock can be purchased with stop loss of Rs 740 with a target of Rs 866.

Today, the stock of the company opened at Rs 762 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1158 and a low of Rs 630 on BSE.

Current EPS & P/E ratio stood at 57.95 and 13.32 respectively.