L&T chairman AM Naik speaks about on his blueprint to simplify the 'complex' structure of the company.
Larsen and Toubro Ltd said on Monday it has bagged Rs 800-crore (Rs 8 billion) contract from Reliance Industries Ltd for construction services and supply of electrical systems for its SEZ refinery and petrochemical project in Jamnagar, Gujarat.
The NSE Nifty ends at 4,619, up 53 points.
Oil and Natural Gas Corporation has been adjudged the greenest company in the country, while Reliance Industries has been ranked second in a survey conducted by Business Today-ACNielsen ORG-MARG.
Engineering and construction major Larsen & Toubro Ltd said on Friday it has bagged a Rs 368-crore (Rs 3.68 billion) order from a power generation company in China for supply of critical gasification equipment.
A M Naik, chairman and managing director of L&T, said the details, such as the size of the funds required for each of these companies and proposed dilution of the equity, were yet to be worked out.
Thirty stocks from various sectors form the Sensex.
It is the only project in the world which can lift two TMC of water every day, the government said.
Stick to export-focussed plays, large-caps, say analysts
'After decades, there is movement on multiple fronts in artillery development. Now let us see how quickly we can get these guns into service'
Coast Guard DIG B K Loshali has been sacked following a Board of Inquiry over his comments that contradicted the government's stand on the sinking of a Pakistan fishing boat last year.
The placement season has brought in positive cheer for students at the IIT Kharagpur this year.
Indian engineering and technology conglomerate Larsen & Toubro Ltd on Monday opened its first-ever electrical manufacturing facility abroad in the Chinese city of Wuxi.
Engineering firm Larsen and Toubro (L&T) on Friday said it has floated a power generation arm called L&T Power Development and would invest Rs 20,000 crore (Rs 200 billion) in the new company.
Larsen and Toubro has forayed into dredging business by acquiring 61 per cent stake in International Seaport Dredging\nPvt Ltd.
There is a huge spurt in demand to launch smaller satellites, those as light as 1 kg, with a lifespan of two to three years. But there aren't enough rockets to carry these, reports T E Narasimhan
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
Larsen & Toubro has just announced a tie up with Sweden-based Scania to distribute its multi-axle trucks.
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