Newsmakers: Penalty on SBI, infra sector output falls and more - Photos-1
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Newsmakers: Penalty on SBI, infra sector output falls and more

Key business news events for the day
L&T posts over 37% slide in Q1 profit
Larsen & Toubro reported on Friday a net profit of Rs 600 crore  for its first quarter, more than a third down on the previous year, and the engineering giant said the short-term business environment remained "challenging". Last year the company reported a consolidated net profit of Rs 967 crore  for the three months ended June.
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