Page 21 - L&t

L&T to provide vocational skills training to Ugandan youth: Rahul Sikka

Rahul Sikka, Larsen and Toubro's Vice President and Head Africa Power Transmission and Distribution, has welcomed the decision to manufacture in Uganda with Indian skills and expertise, saying the local population needs to be empowered for long-term goals."I have been informed by my team in India that the Government of Uganda actually came to India to source an organization that could provide vocational skills. L&T has nine CSTIs i.e. Construction Skills Training Institutes (CSTI) and we have been shortlisted by the Ugandan Government and this is not known to everybody because it is still just happening. So, we will be providing the Vocational Skills Training and we believe very strongly that's the way to go," Sikka told ANI in an exclusive interview."Whichever country we should go as Indians we should believe that the local population needs to be empowered, needs to be included in anything and everything we do because that's what's long-term and that's what sustains," he ...

H1B salary hike plan: L&T Tech fears 2.5% hit on margins

While H1B visa holders draw $62,000-65,000 a year, L&T workers' average salary is $75,000-80,000

L&T: Weak Q3, cut in guidance could hurt sentiment

Its net revenues grew by 1.4% to Rs 26,287 cr, while net profit increased 39% to Rs 972 cr y-o-y

L&T Q3 profit up 39%, cuts FY17 revenue growth guidance to 10%

The company recorded consolidated revenue for the quarter at Rs 26,286 crore

L&T profit up 39%; revises its revenue, order inflow guidance

Management noted demonetisation caused disruption, would be difficult to quantify scale of impact

L&T Q3 net up 39% at Rs 972 crore, calls note ban 'a disruptor'

L&T's total income from operations rose to Rs 26,286.98 crore during the quarter under review

Demonetisation impact key for L&T Q3 numbers

L&T has a heavy exposure to migrant labour force, which is paid in cash

L&T bags orders worth Rs 6,024 crore

The shares of the company were trading 1.70 per cent higher at Rs 1,456 on BSE

L&T's big targets rely on galloping economy: Analysts

Scepticism also stems from L&T's missed guidance in the last three financial years

L&T bags $99.7 mn order from Vietnam Border Guard for high speed patrol vessels

Vessels to be built at the company's Kattupalli Shipyard, off Chennai

Larsen and Toubro bags orders worth Rs 1,726 crore

However, shares of the company were trading 0.41% lower at Rs 1,474.10 on BSE

L&T bags orders worth Rs 1,458 crore

In the international market, it has got a contract from the National Grid Saudi Arabia

L&T aims to double revenue in 5 years

Naik announces 5-year plan, with thrust on digitisation

L&T Hydrocarbon eyes $1 billion worth projects in offshore business

LTHE has also tied up with international firms like GE and McDermott for deep-water projects on the east coast of India

L&T Technology Services looks at startups to strengthen IoT space

The company is looking at mining top 30 accounts to grow its business, while looking at adjoining areas of opportunities for growth

New accounting norms spoil L&T's show

Net profit surged 46% over a year but missed the analyst forecast due to adoption of Ind-AS

L&T's net up 46% at Rs 610 cr

Says it is cautiously optimistic on India's outlook

L&T Hydrocarbon led consortium bags $1.6 billion order from Aramco

Project is scheduled to be completed over a period of three and half years

L&T to sell 15% stake in Technology Services via IPO

The offer would comprise an offer for sale of up to 1.04 crore equity shares of face value of Rs 2 each by L&T

L&T Infotech subscribed 11 times on the closing day

Company's 12.25 mn share offering attracted 132 mn bids from various investors as per exchange data