Page 9 - Larsen Toubro

L&T CFO, CEO took double-digit remuneration cuts in FY23: Annual report

In comparison, the median remuneration for all employees rose by 3.06%; average increase in pay for non-managerial employees was 7.72%

Chandrayaan-3: One more step for India's space mission, giant leap for L&T

L&T has also commissioned the deep space network antenna at Byalalu in Karnataka required for exploratory missions

US Navy ship Salvor arrives at L&T Kattupalli shipyard for repairs

Rescue and salvage ship USNS Salvor reached the Larsen and Toubro's Kattupalli Shipyard near Chennai after the signing of the five-year Master Ship Repair Agreement (MSRA) between the US Navy and L&T

L&T, Spain's Navantia to jointly bid for $5-bn India submarine tender

L&T has so far built more than 65 defence vessels- both in partnership and on its own- including a handful for the Indian Navy and Coast Guard, according to its website

L&T likely to fuel space exploration plans of Jeff Bezos' Blue Origin

Jeff Bezos-owned firm sourcing engines based on the Artemis Accords

L&T signs 'significant' contract for hydrocarbon biz from foreign client

LTEH offers integrated design-to-build solutions across the hydrocarbon sector to domestic and international customers, said the company

Larsen & Toubro's rich valuations leave little room for disappointment

The stock fell over 5% after results on lower than expected show in core E&C segment, and possibility of slowdown in new orders

Larsen & Toubro bets on $1.5 bn return from push to electric vehicles

L&T Technology Services Ltd., whose customers include BMW AG and Airbus SE, wants to accelerate growth after recording sales of $1 billion

L&T Q4 preview: Strong order inflow may drive profit up to 90% higher QoQ

Larsen & Toubro Q4 result preview: BNP Paribas expects total order inflow to cross Rs 76,000 crore during the quarter

New phase of capex cycle to start soon, say analysts. Top stocks to bet on

Helped by a property upcycle, analysts at Jefferies believe various government initiatives are likely to drive capex going ahead

L&T gains over 2%, hits record high on hopes of strong order inflows

L&T would be a key beneficiary of the government's infrastructure thrust and capex revival in private sectors.

L&T gets order to build prototype of light tank for Sino-India border

To be optimised for extreme cold, high altitude of Ladakh, Arunachal Pradesh

Cube Highways files document for privately placed Rs 5,226-crore InvIT

The InvIT, Cube Highways Trust, will raise Rs 3,803 cr in fresh capital and Rs 1,423 cr by way of secondary share sale by sponsor Cube

CCI approves acquisition of 100% equity share capital of L&T IDPL, KTL

The Competition Commission of India (CCI) approved the acquisition of 100 per cent of the equity share capital of L&T Infrastructure Development Projects Limited (L&T IDPL) and Kudgi Transmission Limited (KTL), by Epic Concesiones Private Limited (ECPL) and Infrastructure Yield Plus II (IYP II), respectively, under Section 31(1) of the Competition Act, 2002.

HAL, L&T gain up to 3% as government inks contracts worth Rs 9,900 crore

Hindustan Aeronautics received an order for 70 HTT-40 trainer aircraft worth over Rs 6,800 crore, while L&T bagged a contract worth Rs 3,100 crore for supply of three cadet training ships.

L-T profit misses as infrastructure growth eases; net profit rose 24%

BENGALURU (Reuters) -India's Larsen & Toubro reported a smaller-than-expected rise in quarterly profit on Monday, as moderate growth in order inflows hurt the infrastructure company.

Larsen & Toubro sells business division to subsidiary LTTS for Rs 800 crore

The business transfer to L&T Technology Services will be on slump sale basis

L&T Realty Developers to sell its entire stake in Think Tower Developers

L&T Realty Developers Ltd, a subsidiary of L&T, has agreed to sell its complete stake in Think Tower Developers Pvt Ltd, the engineering and construction conglomerate said on Thursday. The agreement is expected to complete on January 30, which is subject to the completion of closing conditions. "L&T Realty Developers Ltd, a wholly owned subsidiary of Larsen & Toubro Ltd, has entered into an agreement to sell its entire stake of 99 per cent in Think Tower Developers Private Ltd, a subsidiary company (TTDPL), on January 5," Larsen and Toubro (L&T) said in a regulatory filing. TTDPL will cease to be a subsidiary company, the filing added. "The entire stake held by L&T Realty Developers Ltd in the company is being sold to Pratik Harshad Kalsariya, who does not belong to the promoter group," the company said.

2023 to be a challenging year due to Covid recurrence, says L&T CEO

Soaring price of oil, gas and other commodities, however, a concern, Subrahmanyan says

Stocks to Watch: Hinduja Global, Just Dial, IRB Infra, SWRE, Ramco Systems

Stocks to Watch Today: Larsen & Toubro is also likely to see some action on Tuesday as the engineering major is looking to pare stake in its subsidiaries - Nabha Power and Hyderabad Metro.