L&T chairman's controversial statement has reignited concerns about excessive working hours, their impact on health, and the sustainability of such practices in the modern workplace
RIL, L&T, and JSW likely to either commercialise their clean energy businesses or commission new ones in the near term
Industrialists Anand Mahindra and Adar Poonawalla batted for quality of work over quantity after L&T Chairman SN Subrahmanyan advocated for a 90-hour work week
L&T chairman SN Subrahmanyan's idea of a 90-hour workweek has sparked backlash as India's overworked employees battle burnout, health risks, and missed family time
L&T Chairman SN Subrahmanyan's controversial call for working Sundays, featuring a misogynistic joke, sparked backlash from figures like Deepika Padukone, Harsh Goenka
Subrahmanyan's '90-hour workweek' formula is one step ahead of Infosys founder Narayan Murthy's suggestion of working 70-hours a week
Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a major order from the Defence Ministry for the supply of K9 Vajra-T Artillery Platforms to the Indian Army. According to the company's project classification, the 'major' order values between Rs 5,000 crore-10,000 crore. The K9 Vajra-T is a 155 mm, 52-caliber tracked self-propelled artillery platform, adapted from the world's leading South Korean self-propelled howitzer K9 Thunder. Co-developed by L&T and Hanwha Aerospace, it has been customised to suit the requirements of the Indian Army for operations in varied terrains, including deserts, plains and high-altitude regions. In 2017, the company won the order for the first batch of 100 K9 Vajra-T platforms through a global competitive bidding and after successful field evaluation. The company delivered the Vajra Platforms ahead of schedule. "Like the first batch, the second batch of the K9 Vajra-T too will be manufactured at our Armoured Systems ...
In 2017, L&T had won the contract for the first batch of 100 K9 Vajra-T platforms through global competitive bidding and after successful field evaluation
The procurement of the latest batch of K9 Vajra-T guns will "catalyse artillery modernisation" and "enhance the Indian Army's overall operational readiness", said the MoD
Infrastructure major Larsen and Toubro (L&T) on Thursday said its data centre business L&T-Cloudfiniti has on boarded the first major customer at its hyperscale data centre in Sriperumbudur near Chennai. The centre has a built-in capacity of 30 MW, of which 12 MW colocation-ready capacity is live across two floors, Larsen and Toubro (L&T) said in a stock exchange filing. The company's client, a leading cloud service provider, has rented as much as 6 MW IT Load capacity, consisting of high-density racks spread over an entire floor, and a bulk bandwidth, the filing said. The tenure of the contract is 10 years. "This deal marks the beginning of many such collaborations and acts a testament to our commitment to delivering world-class colocation and cloud services to businesses across the spectrum. In the days to come, we are confident of redefining India's data centre landscape with our fast scalable and reliable solutions," L&T-Cloudfiniti Chief Executive Seema Ambastha ..
Stocks to Watch, Dec 5, 2024: Here is a list of stocks that will be in the limelight today
Navantia and L&T partnered under the Navy's Rs 43,500 crore Project 75 (India), which includes a 30-year lifecycle sustenance contract of equal value
This is one of the biggest order wins for the company in the domestic market
The acquisition, according to the firm, will deepen its offerings across software product development, platform engineering, digital integration, data, and artificial intelligence (AI)
BENGALURU (Reuters) - Larsen & Toubro Ltd (L&T), India's largest private-sector defense manufacturer by revenue, is looking to ramp up its aerospace division to strengthen its foothold in the country's burgeoning private space sector, a senior executive said on Thursday.
Infrastructure major Larsen and Toubro (L&T) on Wednesday posted a 5 per cent rise in consolidated profit after tax to Rs 3,395 crore in the September 2024 quarter on account of higher income. The company's consolidated profit after tax stood at Rs 3,223 crore in the year-ago period, L&T said in a regulatory filing. "The company for the quarter ended September 30, 2024, posted a consolidated Profit After Tax (PAT) of Rs 3,395 crore, registering a growth of five per cent compared to the corresponding quarter of the previous year," the filing said. During the period under review, its consolidated income rose to Rs 62,655.85 crore from Rs 52,157.02 crore in the year-ago period. Its expenses in the September quarter increased to Rs 57,100.76 crore against Rs 47,165.95 crore a year ago. "We have delivered yet another quarter of strong financial performance despite the continuing global macro economic volatility. The projects and manufacturing businesses of the company continue to ..
Q2FY25 company results: Aditya Birla Capital, Protean eGov Technologies, TTK Prestige, and New India Assurance will release their second-quarter results for the financial year 2024-25 on October 30
The brokerage believes that the order book would grow at 12 per cent CAGR over FY24-27
L&T DES will implement these Energy Management Systems across Andhra Pradesh, Kerala, Puducherry, Tamil Nadu, and Telangana
Engineering and construction giant Larsen & Toubro has acquired 12.5 million equity shares in not-for-profit company Indian Foundation for Quality Management