Larsen & Toubro issues Rs 500 crore ESG-linked bond, the first listed deal under SEBI's new framework, setting benchmarks for transparency and sustainability in India's bond market
Infrastructure major Larsen & Toubro (L&T) on Tuesday said that it has bagged "significant" orders from Rajasthan government. L&T classifies orders worth between Rs 1,000 crore and Rs 2,500 crore as 'significant'. The projects have been bagged by the water and effluent treatment business vertical of L&T from the public health engineering department of Rajasthan, L&T said in a filing to BSE. The company said it has "won an EPC order for the Rajasthan Rural Water Supply and Fluorosis Mitigation Project' Phase II, Package-1". The scope of the project encompasses "supply and installation of 5,251-km transmission and distribution pipelines, construction of 38 ground level reservoirs with an aggregate capacity of 40 ML, 20 pump houses and 132 overhead service reservoirs with an aggregate capacity of 25 ML", it said. The project is aimed at meeting the demand for water in 285 villages and the towns of Surajgarh and Udaipurwati in Jhunjhunu district. Another project ...
Company is actively scouting for global technology partners in the US and Europe
A few weeks ago, we had a meeting with the Ministry of Power and the minister was talking about adding 30 gigawatt (Gw) of additional thermal power capacity in India as the demand is rising
L&T wins government-backed EPC orders for buildings in Delhi and Andhra Pradesh, worth Rs 2,500-5,000 crore, with both projects to be completed in 18 months
Meanwhile, brokerage firm Nomura has retained its 'Buy' rating on Larsen & Toubro post Q4 results; but lowered the target price.
L&T posted a 25 per cent YoY rise in Q4 net profit to Rs 5,497.3 crore, driven by strong revenue, record order inflows and an exceptional gain from asset impairment reversal
Larsen & Toubro Q4 FY25 result: The Board of Directors has recommended a final dividend of ₹34 per equity share for the financial year 2024-25
Q4 FY25 company results today: Titan, Kalyan Jewellers, IIFL Finance, and Rec will be among 74 companies to post earnings reports for the January-March quarter on May 8
Green hydrogen is a clean, renewable form of hydrogen gas produced by using electricity from sources like solar, wind, or hydropower
The DoE approval permits Holtec to share unclassified SMR technology with three Indian entities-Holtec Asia (its regional subsidiary), Tata Consulting Engineers Ltd, and Larsen & Toubro Ltd
The scope of work includes the engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes
L&T secures largest order till date from QatarEnergy LNG to commission two offshore compression complexes
Larsen & Toubro on Tuesday announced its division L&T-Cloudfiniti has partnered with three leading Artificial Intelligence (AI) startups, including one based in Europe. The partnerships have been established with Hanooman AI, CoRover, and Pidima AI. The collaborations will focus on developments in healthcare, life sciences, vertical AI, and conversational technologies in India and across the globe by harnessing cutting-edge AI models to transform key industries and drive digital innovation in multiple sectors, Larsen & Toubro (L&T) said in a filing to BSE. The partnership between L&T-Cloudfiniti and Hanooman AI, an AI startup in the healthcare and life sciences space, will leverage the latter's advanced AI-powered tools to accelerate healthcare transformation in India. By integrating AI-driven insights into healthcare practices, Hanooman will improve patient outcomes, optimise treatment pathways, and advance medical research in life sciences, it said. With its ...
Shares of the company extended gains to their fifth day while they have fallen 3.49 per cent this year
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
New tools and processes speed up surveys, improve the use of labour and equipment, and strengthen safety
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: Here is a list of stocks that could be buzzing in trade today
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