Larsen & Toubro (l&t)

L&T board approves nearly Rs 12,000 crore debt-based fundraising plan

L&T also announced appointment of Subramanian Sarma, whole-time director and president, energy, as the deputy managing director and president of the company with effect from April 2, until Feb 2028

From robots to AI, technology drives progress in bullet train project

New tools and processes speed up surveys, improve the use of labour and equipment, and strengthen safety

L&T targets 150 MW data centre capacity by 2027, to utilise land banks

At present, L&T has two operational data centres-Mumbai and Chennai-with a combined capacity of 32 MW

Stocks to Watch, Feb 21, 2025: Religare Ent, CIE Automotive, TCS, Vedanta

Stocks to Watch, Feb 21, 2025: Here is a list of stocks that could be buzzing in trade today

Brokerages bullish on L&T post steady Q3, eye domestic capex, global growth

After a steady set of third quarter numbers, L&T shares were the top gainer on both the 30-stock BSE Sensex and the NSE Nifty50 today

L&T wins big order for freight handling in gulf worth Rs 1,000-2,500 crore

The project will include designing, procuring materials, constructing, and setting up advanced automated freight handling systems at two locations

Stocks to Watch, Jan 30: Adani Ent, Bajaj Fin, Infy, Voltas, SRF, JK Paper

Stocks to watch on January 30, 2025: Bajaj Finance reported a Q3 net profit of Rs 4,240 crore, up from Rs 3,639 crore Y-o-Y, exceeding estimates of Rs 4,098 crore.

L&T Semiconductor plans $10 bn investment in silicon fabrication plant

Move only after it has visibility of hitting $1 bn annual sales of fabless semicon products designed by the firm

Defence ministry finds L&T bid non-compliant in Rs 70k cr submarine deal

The Defence Ministry has found the Indian firm Larsen and Toubro (L & T) bid non-compliant in the Rs 70,000 crore tender to acquire six submarines.The Indian Navy is looking to buy six advanced submarines with the ability to stay underwater for three weeks under Project 75 India.The proposal of the L & T in partnership with Spanish Navantia has been rejected by the Ministry for not being compliant with Indian Navy requirements, defence sources told ANI.The L & T and its partner had showcased the functioning of its critical Air Independent Propulsion system in Spain to the Indian Navy team there on shore but the Indian Navy demanded a sea-proven system in its requirements in the tender document.The latest development means that the state-owned Mazagaon Dockyards Limited along with its partner ThyssenKrupp Marine Systems of Germany would be the only vendor left in the race for making the six submarines.Vendors involved in the programme have been making representations to the

Maintaining growth momentum key for more gains in L&T Technology Services

Management expects tech and sustainability to continue the growth momentum in the near-to-medium term, while mobility is to remain muted in Q4 but should rebound by FY26

L&T launches second multi-purpose vessel for Navy from Kattupalli shipyard

Infrastructure major Larsen & Toubro (L&T) has launched the second multi-purpose vessel for the Indian Navy from its Kattupalli Shipyard near Chennai. The launch of the vessel, christened INS Utkarsh, comes within three months of the launch of the first MPV INS Samarthak. The first vessel is being readied for undergoing tests and trials prior to its delivery to the Indian Navy, L&T said in a statement on Tuesday. The multi-purpose vessels (MPVs) are highly specialised and play multiple roles, including serving as trial platforms, for the development of next generation weapons and sensors. They will perform maritime surveillance, humanitarian assistance, combat sea pollution, besides taking up launch and recovery of surface and aerial assets, etc. The design engineering of the MPVs has been undertaken at L&T's in-house warship design centre at Chennai and the construction is accomplished at the company's Katupalli Shipyard. L&T is also constructing three Cadet ...

'Genuinely cares for his team': L&T HR on chairman's 90-hr workweek remark

L&T HR defends chairman SN Subrahmanyan's 90-hour workweek comments, stating they were 'misinterpreted' and 'taken out of context,' amid widespread backlash

Who works the most? Countries with the longest weekly hours ranked

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

'Quality over quantity': Adar Poonawalla, Anand Mahindra on 90-hr work week

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

Are 100-hr workweeks worth it? Edelweiss CEO Radhika Gupta shares her story

Edelweiss CEO Radhika Gupta has shared 5 vital lessons on work-life balance, debunking 100-hour workweeks and emphasising sustainable success and personal well-being

Why L&T chairman's 'work on Sundays' is problematic for overworked India

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

Celebrities, leaders blast L&T over chairman's 'work on Sundays' remark

L&T Chairman SN Subrahmanyan's controversial call for working Sundays, featuring a misogynistic joke, sparked backlash from figures like Deepika Padukone, Harsh Goenka

L&T chairman asks employees to work 90 hours a week, company backs him

Subrahmanyan's '90-hour workweek' formula is one step ahead of Infosys founder Narayan Murthy's suggestion of working 70-hours a week

L&T eyes 20% growth in construction, mining machinery biz in FY26

Infrastructure major Larsen & Toubro (L&T) expects its construction and mining machinery business to grow at least 20 per cent in the next fiscal year with the company planning to double sales in the next five years. In an interview to PTI, Arvind K Garg, Senior Vice President and head of L&T's Construction and Mining Machinery business, said, "If you ask me what the plan for the coming fiscal year is, definitely our construction and mining machinery business will grow at least 20 per cent. And, "as we have to meet the target of growing or doubling our sales in the next five years, along with profitability, we will have to invest in our service capabilities. This financial year, we also launched a mini excavator, the Komatsu PC35, which will help fuel growth," Garg said. Larsen & Toubro and Komatsu Ltd entered into a joint venture in 1998 to manufacture construction equipment and hydraulic components in India. From 1998 to 2013, the joint venture company was ...

L&T secures major defence order for K9 Vajra-T artillery platforms

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 ...