Larsen & Toubro
Larsen & Toubro has recently launched a project L&T Emerald Isle at Powai. The project got good response and nearly 300 apartments were sold. The project was open to the public on January 31 at 15,500-19,000 per sq ft. The booking was closed in three days and the project may re-open soon but likely with [...] Continue Reading »
Chennai- Larsen & Toubro, India’s top construction company, has secured several new orders worth Rs 1002 crore from various business segments. L&T has won orders from both domestic and international market worth Rs 742 crore. Tamil Nadu Transmission Corporation has given an order for constructing a 400/230-110 kV AIS substation at Kayathar, Tirunelveli and a [...] Continue Reading »
New Delhi : The Competition Commission of India (CCI) initiated an investigation against five prime real estate developers for alleged competitive practice. Around 23 cases were filed against DLF, Larsen & Toubro, Tulip Infratech, Omaxe and JP Association, as reported to Rajya Sabha by corporate affairs minister, Sachin Pilot. DLF is filed with 15 more cases and a [...] Continue Reading »
Larsen & Toubro, one of the leading engineering & construction company is planning to come up with one of the largest housing project in Powai campus in Mumbai measuring up to two million sq ft over 20 acres of land. The price of residential units in and around Powai is around Rs 25,000 per sqft. The [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) will float tenders by this month-end for construction of over 200 new road in 2012-13. The civil body has made a budgetary allocation of Rs 950 crore for roads, including pending work from last fiscal. According to officials, construction work of 129 of 171 major roads have been completed in [...] Continue Reading »
Henikwon Corporation has been acquired by Tamco Switchgear, a wholly owned subsidiary of Larsen & Toubro. Malaysia-based Tamco is a part of L&T’s Electrical & Automation (E&A) business. Henikwon Corporation, based in Malaysia, makes low voltage and medium voltage bus duct systems. L&T said the Henikwon brand is globally recognized and offers products of international [...] Continue Reading »
The engineering and construction conglomerate Larsen & Toubro may merge its property development and real estate units as part of a business realignment strategy. According to L&T official, the L&T Urban Infrastructure will now be merged with L&T Realty, which in turn will manage the real estate business for the company. L&T Realty is strengthening [...] Continue Reading »
