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  • Optimistic about FY19; too early to say we are very bullish, says L&T

    As FY18 comes to an end-Kevin Lee caught up with R Shankar Raman, CFO of L&T and asked him about his outlook for FY19 and roadmap for the company.

  • Expect a skillful balancing act from FM in upcoming Budget: L&T

    Expect a skillful balancing act from FM in upcoming Budget: L&T

    A skilful balancing act is expected out of the Finance Minister, it is not going to be easy but I would expect voicing India Inc’s views that the expectation that will be upper most in all our minds is how investments are going to be enabled, R Shankar Raman, Group CFO, Larsen & Toubro told CNBC-TV18.

  • Happy to be part of MTHL project, plan to complete by 2021: L&T

    Happy to be part of MTHL project, plan to complete by 2021: L&T

    The Mumbai Trans Harbour Link (MTHL) project will give a fillip to cement, to steel, to a lot of local employment and to all around economic development around Mumbai, said SN Subrahmanyan, MD & CEO of Larsen and Toubro (L&T).

  • Moody's upgrades India's rating a positive step for country, economy & business: L&T

    Moody's upgrades India's rating a positive step for country, economy & business: L&T

    This is a very positive step and signals well for the country, economy as well as the business, SN Subrahmanyan, MD & CEO, Larsen and Toubro said.

  • L&T delivers 2 interceptor ships to Indian Coast Guard

    L&T delivers 2 interceptor ships to Indian Coast Guard

    Larsen & Toubro's (L&T) defence division delivered another two high speed ships to the Indian Coast Guard seven months ahead of schedule. This is part of the two contracts being executed by the company for design and construction of 54 interceptors to Indian Coast Guard.

  • Mauritius project bagged against stiff competition, says L&T

    Mauritius project bagged against stiff competition, says L&T

    Larsen & Toubro (L&T) is in focus after they bagged a big order win of Rs 3375 crore from the Mauritius government. In an interview to CNBC-TV18, Rajiv Jyoti, CEO-Railway Strategic Unit at L&T discussed about the order and latest happenings in the company.

  • Hyderabad Metro remains a long-term game; looking at a strategy for it: L&T

    Hyderabad Metro remains a long-term game; looking at a strategy for it: L&T

    Demonetisation impacted growth in the real estate segment as well as the switchgear segment because of which the company had to slowdown the pace of the construction (in real estate segment) to maintain working capital, SN Subrahmanyan, MD & CEO of L&T told CNBC-TV18.

  • Citi India Investor Conference 2017: Find out what Citi India is betting big on

    Citi India Investor Conference 2017: Find out what Citi India is betting big on

    The economy has seen signs of a capex cycle recovery off late with stocks like Larsen and Toubro (L&T) surging over 30 percent in 2017 so far while Voltas has gained 53 percent. On the side-lines of Citi India Investor Conference, Anisha Jain of CNBC-TV18 caught up with Venkatesh Balasubramaniam, Director-Capital Goods and Construction, Citi India and MV Gowtama, the CMD at Bharat Electronics.

  • See nuclear power plants become operational between 2025 and 2028: L&T Heavy Engg

    See nuclear power plants become operational between 2025 and 2028: L&T Heavy Engg

    The company will have a major stake in the construction of the nuclear power plants, said SN Roy, Whole Time Director & Sr VP, Power, Heavy Engineering & Nuclear, L&T.

  • Tanzania JV project to be completed in 2 yrs, margins good: Shriram EPC

    Tanzania JV project to be completed in 2 yrs, margins good: Shriram EPC

    “We see more opportunities in East African region”, T Shivaraman, MD & CEO of Shriram EPC told CNBC-TV18.

  • Revenue recognition on Shell contract to begin Q3FY18: L&T Hydro

    Revenue recognition on Shell contract to begin Q3FY18: L&T Hydro

    L&T Hydrocarbon, a fully owned subsidiary of L&T has signed a 5-year agreement with Shell Engineering for engineering, procurement, construction and management services.

  • L&T wants to be at the forefront of India's defence programme

    L&T wants to be at the forefront of India's defence programme

    L&T hopes to be at forefront of India‘s defence programme and expects the country‘s defence sector to be a Rs 70,000 crore opportunity, Chairman AM Naik told CNBC-TV18 in an exclusive interview.

  • Expect reasonable business growth from metro project:Cords Cable

    Expect reasonable business growth from metro project:Cords Cable

    In an interview to CNBC-TV18, Naveen Sawhney, MD of Cords Cable spoke about the latest happenings in his company and sector.

  • Titagarh Wagons sees govt order of future infantry CVs in a week

    Titagarh Wagons sees govt order of future infantry CVs in a week

    The defence ministry has announced to award contracts for the development of future infantry combat vehicles. The ordinance factory board will go up against 5 private players in the fight for a 60,000 crore rupee contract.

  • Investment cycle to revive by FY18 for infra, power ind: Thermax

    Investment cycle to revive by FY18 for infra, power ind: Thermax

    Thermax MD MS Unnikrishnan said the industry may not see a full recovery in sectors like power, cement, steel, oil and gas and fertilisers.

  • Insurance biz sale proceeds to help meet working cap needs: L&T

    Insurance biz sale proceeds to help meet working cap needs: L&T

    L&T Chairman Naik says the proceeds of the stake sale in L&T General Insurance to HDFC Ergo will go towards meeting the company's working capital needs of other core businesses.

  • Defence procurement policy: Revenues may take a while to flow in

    Defence procurement policy: Revenues may take a while to flow in

    B Malla Reddy, MD, Astra Microwave Products and Rajinder Bhatia, CEO, Defence Space & Aerospace, Kalyani Group hail new policy, but concur government will have to think out of the box to move processes faster.

  • See $3bn defence order; eyeing govt as strategic partner: L&T

    See $3bn defence order; eyeing govt as strategic partner: L&T

    The engineering and construction major is also interested in taking on government as a strategic partner. Defence procurement policy is a shot in the arm for company, says Senior VP, Defence & Aerospace

  • Expect defence orderbook to grow to Rs 50K crore in 3 yrs: L&T

    Expect defence orderbook to grow to Rs 50K crore in 3 yrs: L&T

    In an interview with CNBC-TV18, JD Patil, Senior VP and Head of Defence and Aerospace at L&T said that the current government has provided orders worth Rs 2.4 lakh crore over the last two years.

  • Budget 2016: Top infra cos discuss their expectations in Ideas for India

    Budget 2016: Top infra cos discuss their expectations in Ideas for India

    In CNBC-TV18's special series -- 'Ideas for India' -- Shankar Raman, Director-Finance, L&T; Anil Sardana, MD, Tata Power and MS Unnikrishnan, CEO, Thermax India talk about their Budget expectations on infrastructure spending by the government.

  • Crude price fall worrying; positive on hydrocarbon, gas biz: L&T

    Crude price fall worrying; positive on hydrocarbon, gas biz: L&T

    SN Subrahmanyan, Deputy MD and President of Larsen & Toubro says the company has prospect projects in the hydrocarbon space and gas exploitation business and the company is L1 in considerable number of its orders.

  • Order book at Rs 11k cr; see 8-12% margins: Kalpataru Power

    Order book at Rs 11k cr; see 8-12% margins: Kalpataru Power

    Manish Mohnot, MD, Kalpataru Power says the company recently won transmission line projects in Malawi and Kuwait worth Rs 594 crore and another pipeline project from ONGC worth Rs 187 crore

  • Will save Rs 100cr on RBI policy, but need bigger cuts: L&T

    Will save Rs 100cr on RBI policy, but need bigger cuts: L&T

    L&T Group Executive Chairman AM Naik believes the Governor needs to do more in terms of a bigger rate cut, in order to give the economy a much-needed boost.

  • Post Bain deal, capital adequacy to go up by 2%: L&T Fin

    Post Bain deal, capital adequacy to go up by 2%: L&T Fin

    Post this capital infusion by Bain Capital, the capital adequacy for the company would go up by 2 percent from the current 14.5 percent, said , N Sivaraman, President & Whole Time Director, L&T Finance Holding.

  • No adverse impact in Q1 on co from L&T‘s stake sale: Salzer

    No adverse impact in Q1 on co from L&T‘s stake sale: Salzer

    Rajesh Kumar, Joint MD, Salzer Electronics says Kumar says promoter stake has come down to 25.5 percent from 30 percent.

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