L&T Sinks 8% as Hydrocarbon Business Hits 'Roadblock' Losses in L&T's hydrocarbons segment was also a negative surprise, analysts say. Macquarie said L&T's hydrocarbon business has hit a minor roadblock.
SpiceJet Shares Plunge 12% on Financial Concerns Over the last eight years, SpiceJet has posted annual profits only twice and its total accumulated losses stand at nearly Rs 2,200 crore.
Why Global Investors Want a Slice of Flipkart, Snapdeal Flipkart's $1 billion fund-raising in a single round ranks only second to Uber's $1.2 billion bonanza this June, according to Thomson Reuters.

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