American conglomerate GE on Wednesday said it has signed a pact with engineering firm Larsen & Toubro to manufacture subsea equipment for future deep water projects in Krishna-Godavari basin on the eastern coast of India.
L&T Infotech on Thursday posted a consolidated net profit of Rs 235.8 crore for the three month ended June 30, up 34.9% from a year-ago period. Total income grew 14.8% to Rs 1,593.2, compared with the corresponding period last year.
Larsen & Toubro is looking at joining hands with US majors for designing and equipment suppliers to design and build future shipbuilding contracts. The vessels will be built at a facility near Chennai.
Larsen & Toubro (L&T)'s 10 per cent stake sale in its IT services arm L&T Infotech has been lapped up by investors. The company’s Rs 1,236-crore initial public offering (IPO) has so far seen four times more demand than shares on offer.
A man waits at a bus-stop with an advertisement of Larsen & Toubro outside the company's manufacturing unit in MumbaiLarsen & Toubro (L&T), the engineering and construction major, is all set to take its engineering services business unit, L&T
L&T Infotech, a midsize information technology (IT) services company and a subsidiary of Larsen and Toubro says that it would continue to hire freshers from campuses even though there will be a significant focus on improving the quality of hiring.
The Mumbai Metro Rail Corporation has awarded civil contracts to five contractors for the entire section of 33.5 km for implementation in seven packages with a total cost of construction pegged at Rs 18,114.9 crore.
Mumbai Metro Rail Corporation has announced the commencement of the Mumbai Metro Line 3 project to be executed by Heavy Civil Infrastructure Business of L&T Construction, along with its partner, STEC of China, for a value worth Rs 5,273 crore.
Engineering major Larsen & Toubro (L&T) today said it has bagged export orders worth $71.3 million (nearly Rs 480 crore) from Mitsubishi Hitachi Power Systems Ltd through its two joint venture (JV) firms.
Around 21 highways projects worth around Rs 15,000 crore have been bid out under the hybrid annuity model approved by the government in January this year, but analysts say a turnaround in the sector can only be expected after the financial closure of