L&t Executive Chairman A M Naik
Sufficient liquidity at present; no asset impacted by Covid-19: L&T
About ability to service debt and other financing arrangements, L&T said it has a relatively low debt equity ratio of 0.49:1 as on March 31, 2020
 "Sufficient liquidity at present; no asset impacted by Covid-19: L&T")
List hydrocarbon business, sell non-core in 3 years: L&T's A M Naik
Naik speaks about L&T, the Indian economy, and his post-retirement plans in an interview
 "List hydrocarbon business, sell non-core in 3 years: L&T's A M Naik")
Naik bids goodbye to L&T as chairman; gets Rs 32 cr worth leave encashment
Will continue to address AGM for three more years as non-executive chairman
 "Naik bids goodbye to L&T as chairman; gets Rs 32 cr worth leave encashment")
Crores in leave encashment! L&T Executive Chairman A M Naik to get Rs 32 cr
Engineering and construction giant Larsen and Toubro's Group Executive Chairman A M Naik will get Rs 32.21 crore as leave encashment as part of Rs 38.04 crore retirement benefits, the company said in its latest annual report. Naik has served for over 52 years at Larsen & Toubro (L&T), including as its head for over 17 years, and will assume the new role of non-executive chairman for three years beginning October 1, immediately upon his retirement as executive chairman on September 30. Providing details of remuneration paid and payable to directors for the year ended March 31, 2017, the 72nd annual report of the conglomerate says Naik will be receiving Rs 38.04 crore as "retirement benefits" which include "encashment of accumulated past service leave Rs 32.21 crore". Naik, who drew an annual salary of Rs 3.36 crore for 2016-17, is said to have rarely taken leave during his career. Apart from Rs 32.21 crore as leave encashment, his perquisites stand at Rs 19.27 crore, ...