Jun 30, 2020 05:35 PM IST
The final assembly or top lid sectors of the cryostat, a key part of the world's largest nuclear fusion reactor being built in France, were dispatched on Tuesday from the company's Hazira manufacturing complex in Surat district in Gujarat.
- Apr 29, 2019 03:50 PM IST
Many captains of industry traded their impeccable suits for informal attire as they lined up outside polling booths, many of them located inside civic body-run schools.
- Jan 25, 2019 10:15 PM IST
Folk artist Teejan Bai, Guelleh, Naik and theatre actor Balwant Moreshwar Purandare will be honoured with Padma Vibhushan, former CAG V K Shunglu, former union minister Kariya Munda, Akali leader S S Dhindsa were named for Padma Bhushan, which will be conferred by President Ram Nath Kovind in March-April.
- Aug 22, 2017 02:38 PM IST
The 76-year-old Chairman who is set to retire about a month later plans to give away most of his assets to charity
- Feb 13, 2017 08:42 PM IST
Larsen & Toubro, which has for long wanted a bigger footprint in the Indian defence sector, has got cracking on its ambitious plans. The company today announced a 51:49 joint venture with Europe‘s MBDA Missile Systems with an eye on Rs. 10,000 revenues from the defence sector by 2021.
- Nov 24, 2016 08:36 AM IST
Besides, SBI Chairman Arundhati Bhattacharya, Larsen & Toubro Chairman A M Naik, ITC COO Sanjiv Puri, JSW Group CMD Sajjan Jindal and Hindustan Coca-cola CEO T Krishankumar will take part in the three-day event.
- Sep 06, 2016 06:50 PM IST
Senior company officials said acquisition will be done to gain control over new technologies rather than only for expanding revenue. The company's revenue has grown at a compounded rate of 23 percent per year over the past three years, they added.
- Aug 26, 2016 05:10 PM IST
As part of sharpening the business focus, Naik said the company has "identified select growth businesses in L&T's broad portfolio. These include IT, technology services, defence, smart world and water management.
- Jul 20, 2016 12:56 PM IST
The listing will take place at the NSE in presence of L&T Group Executive Chairman A M Naik and other top officials along with merchant bankers.
- Jul 15, 2016 08:18 AM IST
The IPO size of L&T Technology Services is estimated to be more than Rs 750 crore. It could go up to Rs 900-1,000 crore, sources said.
- Jul 11, 2016 09:16 AM IST
74-year-old Naik, who has been with Larsen and Toubro for 52 years, including about 18 years as its head after rising through ranks, said he knows everything "on the pulse" at L&T and things might not be as easy for his successor but he will ensure that the company remains in strong hands.
- Jul 05, 2016 08:04 AM IST
The Chairman explained that 70 percent revenue of the Group, which counts on the engineering, procurement and construction business as its flagship business, comes from the "risky" project side and hence, services can be of help in de-risking.
- Feb 17, 2016 10:16 AM IST
In a presentation to investors, L&T has listed the "increased road build-out by NHAI with current focus on EPC (engineering, procurement and construction) projects" as "opportunities".
- Sep 23, 2015 10:29 PM IST
A.M. Naik, the executive chairman of the 77-year old group, often viewed as a bellwether of the economy, said Prime Minister Narendra Modi's reform agenda had failed to boost business among its core engineering, construction and infrastructure customers.
- Aug 11, 2015 03:03 PM IST
Jalona will operate out of L&T Infotech's office in New Jersey, USA. His appointment adds thrust to L&T Infotech's plans to boost profitable growth and strengthen its presence in the Americas, Europe, GCC (Gulf Cooperation Council) countries and the Far East, the company said in a statement.
- Jul 30, 2015 10:42 PM IST
Amid a raging controversy over the draft IIM bill, government on Thursday said it was prepared by a committee headed by former chairman of IIM Trichy's board of governors M Damodaran and finalised after considering the observations and suggestions of the IIMs.
- Jul 15, 2015 08:01 PM IST
There has been number of attempts in the past for skill training but the implementation was not all that great and therefore though many companies adopted one or the other training institute, very little has been done, says AM Naik
- Jun 29, 2015 08:20 PM IST
Facing open criticism over the draft IIM bill that gives sweeping powers to the government in policy matters governing the prestigious B-schools, the HRD Ministry is considering doing away with some contentious clauses that may infringe on their autonomy.
- Mar 09, 2012 11:42 AM IST
In a long-awaited top management succession planning exercise, corporate giant Larsen and Toubro today appointed K Venkataraman as its CEO and Managing Director, while its current chief A M Naik would remain Executive Chairman for the next five years.
- Jan 11, 2011 06:11 PM IST
A joint venture of Larsen & Toubro and Mitsubishi Heavy Industries inaugurated the country’s first private sector facilities for the manufacture of supercritical boilers and turbine generators at Hazira, Surat.