L&T
Brokerage firm Motilal Oswal says that DLF, India’s largest real estate firm, is one of the major beneficiaries of recent policy reform allowing 51 per cent foreign direct investment (FDI) in multi-brand retail. The recent announcement of 51 per cent FDI in multi-brand retail and relaxation of FDI norms in single brand retail is set [...] Continue Reading »
L&T Infrastructure Development Projects has signed the concession agreement with National Highways Authority of India (NHAI) to build-own-operate two road projects worth a total of Rs 4,800 crore. L&T IDPL signed agreements with the NHAI for both the projects which will have a concession period of 20 years, including a construction period of 30 months. [...] Continue Reading »
The state government has handed over about 90% of the land required for the construction of the Metro railway in Hyderabad. The construction company Larsen and Toubro Ltd (L&T) will construct the entire project in a phased manner in the next five years. The total estimated cost of the construction will be Rs 16,375 crore. [...] Continue Reading »
Rs 579 crore has been awarded to Larsen and Toubro (L&T) for successfully completing its slum rehabilitation projects in Mumbai. Realty player Omkar Realtors & Developers declared the award to construction contracts of L and T. The cost of those three projects is estimated as Worli-Rs 137 crore, Malad-s 268 crore and Parel-Rs 174 crore [...] Continue Reading »
