Infrastructure major Larsen and Toubro (L&T Limited), which was not ready to accept the request of the Telangana government a few months ago to change the metro rail alignment, has finally agreed to change it in three locations.
Shares of capital goods companies were trading higher by up to 3% in early morning deals after the production of capital goods increased 11.6% in September, against a decline of 6.6% a year ago and 9.7% in August this year, as per the Industrial
Larsen and Toubro (L&T) has dipped nearly 3% to Rs 1,611 in early morning deals on NSE on reports that the company management has said it might miss the annual revenue and margin forecast owing to delays in projects and problems in execution of
The economy might be on the mend but the second quarter performance of the country's largest engineering and construction company, Larsen & Toubro, suggests the situation on the ground remains challenging.
Engineering and construction major Larsen and Toubro reported a 20% increase in standalone net profit at Rs 1,042 crores for the quarter ended September 2014. It was Rs 865 crores in the same period a year ago.
With an aim to enhance focus on core business, L&T Infotech, provider of IT services and solutions, and a wholly-owned subsidiary of the $14.3 billion Larsen & Toubro (L&T), has completed the acquisition of Information Systems Resource Centre.
The Gujarat government issued work order of Rs 2,979 crore to one of India’s largest engineering firm, Larsen & Toubro (L&T), on Monday to construct the Statue of Unity, the world’s tallest statue and one of Prime Minister Narendra
After firming up funding for road projects worth Rs 1,000 crore, L&T Infra Debt Fund Ltd, the project refinancing arm L&T group, is working to sanction funds of similar magnitude in third quarter ending December end.
Engineering firm Larsen & Toubro (L&T) today said it has bagged a contract worth Rs 1,630 crore from the Uttar Pradesh Expressways Industrial Development Authority (UPIDA) for the construction of a six-lane access controlled expressway in the
The L&T management on Wednesday reiterated its commitment to complete the Rs 16,000-crore Hyderabad Metro Rail project “expeditiously as per schedule&" after local newspapers published reports stating the concessionaire had informed the
In 1987, a move by Manu Chhabria to pick up a one per cent stake in Larsen & Toubro (L&T) triggered multiple controversies that ended only 16 years later in 2003, after many riveting political and boardroom dramas.
Construction and engineering major Larsen & Toubro (L&T) today said it has acquired Denmark-based Ramboll's 50% stake in L&T-Ramboll Consulting Engineers to strengthen its design base in the infrastructure space.
Realty major DLF, engineering behemoth Larsen and Toubro (L&T) and FMCG (fast moving consumer goods) giant ITC are among the eight ‘conviction ideas’ of Goldman Sachs according to a September 2014 report.