L&T Realty plans large residential launches across Mumbai, NCR and Bengaluru as it expands its portfolio and builds a development pipeline with 12-quarter visibility
The EPC orders span transmission lines, substations and cabling works, with projects aimed at strengthening grids and supporting renewable energy evacuation
EPC major sees a $100-150 billion modularisation opportunity over five years as skilled labour shortages, high costs and remote locations pose execution challenges
L&T raised Rs 500 crore and IIFL Finance Rs 25 crore through tokenised bonds, following REC's debut issue as issuers test the new blockchain-based settlement framework
While the engineering giant only shares a range instead of giving out the exact order value, a Bloomberg News estimate pegs the average at about ₹1.11 trillion in the ongoing quarter
The project involves engineering, procurement and construction of gas compression plants, including compression systems and associated utilities
L&T's transportation infrastructure business vertical will undertake the design, procurement, delivery and integration of critical APM infrastructure and systems
Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a ultra-mega order in the Middle East for the development of multiple offshore facilities. The company classifies orders worth over Rs 15,000 crore as 'ultra-mega'. L&T Energy Hydrocarbon Offshore (LTEH Offshore) will undertake the engineering, procurement, construction, installation and commissioning (EPCIC) of offshore facilities, the company said in a filing to BSE. The award of the project reinforces LTEH Offshore's long-standing presence in the Middle East and reflects the confidence placed by customers in its ability to deliver large and complex offshore projects safely, on schedule and to the highest quality standards. Backed by integrated in-house engineering, project management, procurement, fabrication and installation capabilities and a fleet of vessels, LTEH Offshore has delivered some of the region's most challenging offshore developments. Over the past four decades, the business has ...
Infrastructure major Larsen & Toubro (L&T) on Tuesday said it has entered into an agreement to transfer its data centre and cloud services business to wholly owned subsidiary Vyoma.AI Ltd for Rs 1,400 crore. The transfer will be carried out on a going-concern basis through a slump sale, the company said in a filing to BSE. The consideration, subject to closing adjustments, will be discharged through the issue of fully paid-up equity shares of Vyoma.AI. "Consideration estimated to be Rs 1,400 crore, subject to closing adjustments. The consideration for the ....transfer shall be discharged by Vyoma through issuance and allotment of fully paid up equity shares of face value of Rs 100 each to the company, based on the valuation determined by an independent valuer," the filing said. In a separate transaction, L&T, Vyoma.AI and L&T Network Services Pvt Ltd (LTNSPL) have entered into a share purchase agreement for the transfer of L&T's entire equity holding in LTNSPL to ..
The conglomerate is preparing a bid for the government's ₹7,280 crore ($764 million) incentive policy for such magnets
Contract covers crude oil storage tanks, pipelines and upgrades to Kuwait's export network under the Jurassic Light Oil infrastructure project
Engineering major will invest over five years in EV motors, ADAS and connected-vehicle technologies, targeting a fast-growing market dominated by global players
Strong order book and healthy guidance support outlook, but sustained easing of geopolitical tensions in West Asia remains key to stronger execution and margin gains
Analysts note that despite near-term headwinds, L&T continues to witness a healthy ₹15 trillion prospect pipeline for the balance of FY27.
Q1FY27 company results: Firms including Ambuja Cements, Suzlon Energy, Birlasoft, Tata Capital, Cholamandalam Investment and Finance, and Pine Labs are also to release their April-June earnings today
L&T said it has received a repeat order from a Japanese customer to manufacture and supply heat exchangers and absorbers for an LNG project in Canada.
L&T's Metals & Minerals business has secured multiple mega orders worth over Rs 10,000 crore, including EPC contracts for iron ore, steel and zinc processing projects across India
Larsen & Toubro has secured multiple orders from leading domestic metals and mining companies, including contracts for an iron ore handling plant in Chhattisgarh.
Amazon Data Services has pre-leased 4 acres in Mumbai's Powai from Larsen & Toubro for its data centre expansion, with a rental commitment of over ₹650 crore across nearly 18 years
L&T has a strong presence across infrastructure, hydrocarbon, power transmission, and industrial projects in various countries of the Middle East.