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Larsen & Toubro

25 Jul 2024

Larsen & Toubro Shares Climb Nearly 3% After Earnings Announcement

The stock rallied 2.94 per cent to settle at Rs 3,623 on the BSE. During the day, it jumped 3.15 per cent to Rs 3,630.55.

24 Jul 2024

L&T Net Profit Jumps 12 Per Cent To Rs 2,786 Crore In April-June Quarter

The consolidated order book of the group as of June 30, 2024, at Rs 490,881 crore, registers growth of 3 per cent over March 2024 and 19 per cent y-o-y, with the share of international orders at 38 per cent.

Larsen & Toubro

11 Apr 2024

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

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).

Ayodhya Ram Mandir

22 Jan 2024

A Construction So Strong! Ayodhya Ram 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.

Anil Manibhai Naik

22 Aug 2023

This Man Worked For 15 Hrs/Day Without A Leave In 21 Yrs, His Net Worth Is...

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.

21 Jul 2020

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

L&T chairman A M Naik drew a total remuneration of Rs 6.18 crore for 2019-20 as against Rs 8.15 crore in 2018-19. L&T CEO & MD S N Subrahmanyan took home Rs 27.17 crore for 2019-20, showing a pay cut of 43.91 percent. Whole-time Director & Chief Financial Officer R Shankar Raman saw a pay cut of 47.33 percent to Rs 13.20 crore.

23 Jan 2020

Global trade barriers creating opportunities for India: L&T

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.

02 Aug 2019

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.

26 Mar 2019

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.

Larsen & Toubro

19 Mar 2019

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.

Larsen & Toubro

19 Mar 2019

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.

Larsen & Toubro

23 Aug 2018

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.

L&T electrical and automation biz

01 May 2018

L&T sells electrical, automation biz to French major Schneider for Rs 14K cr

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

Hyderabad Metro

26 Nov 2017

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.

Larsen & Toubro

01 Oct 2017

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.

Larsen & Toubro

27 Sep 2017

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.

Larsen & Toubro

20 Sep 2017

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.

06 Sep 2017

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.

engineering conglomerate

07 Apr 2017

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.

Larsen & Toubro

22 Sep 2016

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.

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