L&T eyes oil & gas opportunities in Brazil

Larsen & Toubro (L&T), the country's top engineering and construction company, is looking at opening an office in Brazil to sell products and explore opportunities in the oil and gas sector, its chairman said.

"In order to give further stimulus to our international business, we are setting up an organisation at the corporate level to manage the entire international marketing network," A M Naik said in a speech at a shareholders meeting on Thursday.