L&T
The India’s inflexible labour laws are being mentioned as the obstacle for industry but the companies have found solution to this problem by hiring contract workers in the large number. The newly available data provides the idea of enlarging the same practice of hiring contract workers. The data has been gathered from 82 companies that [...] Continue Reading »
Larsen and Toubro has bagged a contract to build a new four-lane bridge across Narmada river at Zadeshwar about 90 km away from Vadodra. The National Highway Authority of India (NHAI) awarded the contract after Hindustan construction company (HCC) failed to abide by the tender condition. NHAI estimates the project to be completed within 30 [...] Continue Reading »
Hyderabad- L&T Metro Rail Hyderabad Limited project is developed on a revenue model which aims to collect 50 percent revenue from passenger fares, 45 percent revenue from property development and the remaining five percent from advertisement and other miscellaneous sources. The Rs 14,132-crore metro rail project is one of the largest urban infrastructure projects in [...] Continue Reading »
Hyderabad- The Hyderabad metro has picked up speed with starting construction at its first station Uppal. It is expected that this station will be ready by the end of 2o13. According to Larsen & Tuobro chief, Hyderabad metro will hopefully run in mid or by the end of 2015. The work of pillars and erection of [...] Continue Reading »
Hyderabad- According to Larsen & Tuobro chief, Hyderabad metro is expected to run in mid 2015. Hyderabad metro rail project is one of the largest urban infrastructure projects in India which is under public-private partnership. This rail project will run along 71.16km distance with three corridors having 66 stations. The first phase which connects Nagole [...] 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 »
Chandigarh - The construction work of Mohali International Airport which was on hold is now resumed with availability of sand and gravel. The work was halted since Punjab and Haryana governments had banned mining in the states few months back. This created a shortage of material for construction which in turn resulted in increased price [...] Continue Reading »
Chennai- Lancor Holdings, Chennai based leading developer has announced that it has acquired 6.5-acres plot near Maraimalai Nagar on the GST Road for Rs 40 crore. The company in a regulatory filing with stock exchanges disclosed the purchase of 100 percent equity shares of L&T Commercial Projects Pvt Ltd. However, the firm did not reveal [...] Continue Reading »
Hyderabad-In a recent developmental report in the city of Hyderabad, project developer L&T has decided to develop in six million square feet in the next 5-6 years. The project will include shopping malls, multiplexes, office space and retail chains spread over 18.5 million square feet. The project planning has been done in order to make the [...] Continue Reading »
Chennai office market has changed in nature as it has shifted from being absolutely IT/ITES dominated to more diversified occupier base. According to a survey by Knight Frank India, emergence of newer sectors have boosted the city’s office market. Although IT/ITES sector continues to be affected by economic constraints, leasing levels should remain firm and [...] Continue Reading »
