Larsen and Toubro Ltd
Larsen and Toubro Ltd (L&T), the company building the Rs 16,375 crore Hyderabad Metro rail project, has threatened to pull out because of issues relating to project viability and non-availability of right of way. L&T proposed that the government of Telangana (GoT) take over the project and the underlying contract from the concessionaire in a [...] Continue Reading »
The construction business of Larsen and Toubro (L&T) has recently won Rs 1,459-crore worth of orders. The information of the orders won by the L&T construction unit was given to the stock exchanges by the company on Thursday. In coincidence with the disclosure of the Rs 1,459-crore worth of orders won by L&T’s construction division, [...] Continue Reading »
In its recently-released financial report for FY 14, bigwig engineering firm Larsen & Toubro (L&T) has posted earnings figures which have surpassed estimates; and has also set healthy growth targets for FY15. The healthy growth targets which L&T has set for 2014-15 underscore an optimistic outlook projected by the company because of the hope that [...] Continue Reading »
In a recent statement, infrastructure major Larsen and Toubro (L&T) has revealed that its construction arm has won orders worth Rs 2,458 crore this month. The orders won by the company relate to different business segments. L&T said in its statement that Rs 1,634 crore worth of orders have been bagged by L&T Construction’s power [...] Continue Reading »
It has been a year so far with plenty of progress and amazing growth that has impressed one and all, especially at the climes found with IT and Infopark. This needed to be leveraged on a grand scale, which is why the well-known and very esteemed “Lulu group” now has made a commitment to invest [...] Continue Reading »
Reliance Industries Ltd (RIL), Tata group and the Aditya Birla group—India’s three biggest conglomerates—have announced new investments or capital expenditure adding up to almost Rs.3 trillion over the next 3-4 years. The corporate spending had reduced during the economic slowdown in the last few years. Others, like the Adani Group and Larsen and Toubro Ltd [...] Continue Reading »
India seems to be the new investment hub for foreign investors. Engineering major Larsen & Toubro on Monday told the media that the Canada Pension Plan Investment Board (CPPIB) had agreed to invest over Rs 2,000 crore in its infrastructure arm, L&T Infrastructure Development Projects (L&T IDPL) which will help the company to complete on-going [...] Continue Reading »
In a situation which marked a bonanza of sorts for Narendra Modi-led new Government, the stock prices of Larsen & Toubro (L&T), Axis Bank and other companies in which the government has a stake have witnessed a surge of late. As a result of the increase in stock prices of the mentioned companies, the new [...] Continue Reading »
One of the most important financial holding companies in India; manned and operated by the Larsen & Toubro group is L&T finance holdings, which has aims and ambitions for the country at large. Sources from the company say that the venture plans to become a bank, with an ambition that would show how the incoming [...] Continue Reading »
Hyderabad- India’s largest engineering and construction company, Larsen and Toubro Ltd (L&T) declared that they will rope in an equity partner for its Rs 16,375 crore Hyderabad Metro Rail project. Hyderabad metro rail project is one of the largest urban infrastructure project in India which is under public-private partnership. This rail project will run along 71.16km distance [...] Continue Reading »
