Larsen & Toubro

Larsen & Toubro Divests Entire Stake In L&T Infrastructure Development Projects

Both L&T (51 per cent) and CPP Investments (49 per cent) stakes have been acquired by Epic Concesiones Private Limited, an investee company of Edelweiss Infrastructure Yield Plus Strategy, managed by Edelweiss Alternative Asset Advisors Limited (EAAA).

Apr 11, 2024, 12:00 PM IST

A Construction So Strong! Ayodhya Ram Janmabhoomi Mandir Built To Last A 1000 Years

Ayodhya Ram temple is made up of 390 pillars in total, six of which are made of Makrana marble and are adorned with elaborate carvings that depict over 10,000 idols and themes on each floor.

Jan 22, 2024, 14:57 PM IST

This Charismatic CEO Of Larsen & Toubro Worked For 15 Hours A Day Without Taking Leave In 21 Years - The Tale Of Anil Manibhai Naik's Journey From Humble Beginnings To Corporate Titan

The Incredible Success Story Of L&T's CEO: Anil Manibhai Naik's transformative journey continues to inspire, standing as a beacon of hope for those striving for excellence in both their professional and philanthropic pursuits.

Aug 22, 2023, 17:25 PM IST

COVID-19: L&T Group chairman, directors take voluntary salary cut of up to 53%

L&T Chief Executive Officer & Managing Director S N Subrahmanyan took home Rs 27.17 crore for 2019-20, showing a pay cut of 43.91 per cent.

Jul 21, 2020, 18:06 PM IST

Global trade barriers creating opportunities for India: Larsen & Toubro

On expectations from the upcoming Union Budget, L&T's Whole Time Director and CFO R Shankar Raman said the government does not have enough resources to meet its plans for public spending.

Jan 23, 2020, 19:21 PM IST

Mindtree names former Cognizant executive Debashis Chatterjee as CEO

Mindtree has appointed named SN Subrahmanyan, CEO of Larsen & Toubro Ltd (L&T), as its non-executive vice chairman.

Aug 02, 2019, 14:33 PM IST

Mindtree scraps share buyback plan after L&T open offer

Mindtree would also form a committee of independent directors to evaluate L&T`s offer, it said in a statement.

Mar 26, 2019, 18:02 PM IST

Two MindTree co-founders voice concerns over L&T's takeover plans

MindTree was co-founded by -- Krishnakumar Natarajan, Rostow Ravanan, Subroto Bagchi and N S Parthasarathy.

Mar 19, 2019, 12:03 PM IST

L&T makes Rs 10,800 crore takeover bid of Mindtree

This would be the first hostile takeover bid in the country's IT sector.

Mar 18, 2019, 12:36 PM IST

L&T board approves Rs 9,000-crore buyback plan

The buyback price is at over 13 percent premium to Tuesday's closing price of Rs 1,322.15 per share.

Aug 23, 2018, 12:48 PM IST

L&T sells electrical, automation biz to French major Schneider for Rs 14,000 crore

The E&A business had net revenue of Rs 5,038 crore in the financial year to March 2017.

May 01, 2018, 17:35 PM IST

L&T's Hyderabad Metro project delay ups cost by over 30%

The cost escalation is to the tune of over Rs 4,600 crore.

Nov 26, 2017, 20:11 PM IST

L&T Infotech bags $100 million contract to help pin down tax evaders

Terming the work awarded by the Central Board of Direct Taxes as a "high volume digital deal", he elaborated that the project involves creating a 'semantic web' where web pages are structured and tagged in such a way that can be directly read by the computers.

Oct 01, 2017, 14:06 PM IST

L&T Construction bags orders worth Rs 2,170 crore

L&T Construction has bagged orders worth Rs 2,170 crore across business segments, the company said in a BSE filing.

Sep 27, 2017, 16:20 PM IST

L&T bags Rs 1,700 crore crude oil pipeline contract in Kuwait

The project is scheduled to be completed in the third quarter of 2020.

Sep 20, 2017, 12:54 PM IST

BSNL expects to start 5G service trials by March 2018

The state-owned telecom firm BSNL expects to start field trial of 5G services by the end of this financial year, company's chairman and MD Anupam Shrivastava said on Wednesday.

Sep 06, 2017, 18:45 PM IST

L&T names Subrahmanyan as CEO; Naik, non-executive chairman

L&T today named S N Subrahmanyan as its new CEO with effect from July.

Apr 07, 2017, 19:05 PM IST

L&T bags USD 100 mn order from Vietnam Border Guard

 Larsen & Toubro said it has entered into a pact, valued at USD 99.7 million (around Rs 660 crore), with Vietnam Border Guard for design and construction of high speed patrol vessels.

Sep 22, 2016, 14:07 PM IST

L&T gets mandate to turn Nagpur into integrated smart city

Infrastructure major Larsen & Toubro has been picked as the implementation partner to make Nagpur the first large-scale integrated smart city of the country.

Aug 16, 2016, 19:03 PM IST

L&T Q1 net up 46% at Rs 610 cr; investments yet to gather pace

Infrastructure giant Larsen & Toubro (L&T) on Friday reported a 46 percent jump in consolidated net profit at Rs 610 crore for the quarter ended June 30, 2016.

Jul 29, 2016, 19:00 PM IST