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Larsen & Toubro Limited Related news

Markets shrug off RBI neutral stance; L&T up 1%, NTPC up 3%

Markets shrug off RBI neutral stance; L&T up 1%, NTPC up 3%

Marginal recovery in rate sensitive shares in late trades helped markets recoup intra-day losses to finally end flat even as the Reserve Bank of India at its policy meet early today maintained status quo on key rates.

The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.

L&T Construction bags orders worth Rs 5,492 cr

L&T Construction bags orders worth Rs 5,492 cr

Larsen & Toubro (L&T) today said its construction arm has bagged orders worth Rs 5,492 crore across various segments in March.

In the building and factories segment, the projects L&T Construction has won include a major order for construction of a mix use development complex in Mumbai, it said.

L&T bags Rs. 5,580 crore order from NTPC

L&T bags Rs. 5,580 crore order from NTPC

Infrastructure firm Larsen & Toubro has bagged a Rs 5,580—crore contract from state—run NTPC for setting up a thermal power project at Khargone in Madhya Pradesh.

“Larsen & Toubro (L&T) has secured a turnkey order from NTPC for setting up a 2x660 MW greenfield thermal power plant in Khargone district of Madhya Pradesh on EPC (engineering, procurement and construction) basis, ” the company said in a statement.

L&T Construction bags orders worth Rs 2,101 crore

L&T Construction bags orders worth Rs 2,101 crore

Larsen & Toubro (L&T) today said it has bagged orders worth Rs 2,101 crore across various segments in March.

"The construction arm of L&T has won orders worth Rs 2,101 crore," the company said in a filing to the BSE.

3,000 L&T employees celebrate Naik's 50th year in service

3,000 L&T employees celebrate Naik's 50th year in service

In his 50 years of service and leadership in one company, A M Naik has a formidable collection of laurels. There has been no dearth of compliments. However, the executive chairman of Larsen & Toubro (L&T) would surely treasure this as one of his biggest awards – about 3,000 employees of the engineering and construction conglomerate came together to celebrate Naik’s 50 years of service at the company’s Powai campus here on Monday.

Naik completed his 50th year in the company on March 15, but the celebrations were delayed as the man himself was in Kuwait, to do what he loves best – work.

L&T Infotech bags $10-million contract from RVNL

L&T Infotech bags $10-million contract from RVNL

IT solutions service provider L&T Infotech has received a $10 million contract from state-run Rail Vikas Nigam (RVNL) to integrate its business functions.

"L&T Infotech, a global provider of information technology services and solutions, has been awarded a contract worth USD 10 million to integrate the business functions of Rail Vikas Nigam (RVNL)," the company said in a release today.

Narendra Modi govt shortlists Larsen & Toubro, Pipavav for Rs 60,000 cr submarine contract

Narendra Modi govt shortlists Larsen & Toubro, Pipavav for Rs 60,000 cr submarine contract

The government has shortlisted Larsen & Toubro (L&T) and Pipavav Defence & Offshore Engineering Company, in which the Anil Ambani group firm Reliance Infrastructure has recently acquired management control, for award of a Rs 60,000-crore contract to build six conventional submarines under its Project 75i.

According to highly-placed sources, a high-level committee headed by vice-admiral Subhedar, which had inspected both public and private shipyards to shortlist candidates to issue the request for qualification (RFQ) for Project 75i, in its final presentation to the ministry of defence (MoD) last week, selected the two private sector shipyards — L&T’s Katupalli yard and Pipavav unit.

L&T wins orders worth Rs 2,215 crore

L&T wins orders worth Rs 2,215 crore

Mumbai: India’s biggest engineering and construction firm Larsen and Toubro Ltd (L&T) on Tuesday said it had won orders worth Rs.2,215 crore across various business segments over the last two months.

The power transmission and distribution business contributed Rs.1,137 crore of new orders, Rs.962 crore of orders went to the buildings and factories unit that includes a repeat order of Rs.732 crore for a commercial project in Oman.

Tata Power, Larsen & Toubro gain as consortium shortlisted for defence project

Tata Power, Larsen & Toubro gain as consortium shortlisted for defence project

Shares of Larsen and Toubro (L&T) and Tata Power Company are trading higher between 3-4% on BSE after these companies were shortlisted for Battlefield Management System by Ministry of Defence.

At 1005 hours, Tata Power Company has surged 4% to Rs 86, while L&T up 3% at Rs 1,728 on BSE.

Airbus in talks with L&T to set up radar manufacturing facility

Airbus in talks with L&T to set up radar manufacturing facility

Mumbai: The Airbus Group NV is in advanced talks with India’s largest engineering company Larsen and Toubro Ltd (L&T) for setting up a radar manufacturing facility in India.

In an interview, Christian Scherer, executive vice-president (head of marketing and sales) and member of executive committee at Airbus Defence and Space GmbH, said it has started discussions with its preferred partner L&T for such a facility.

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