International Finance Corporation, the private sector arm of the World Bank Group, will provide a loan of $50 million to Larsen & Toubro, one of India's largest engineering and construction companies.\n\n\n\n
Larsen & Toubro, a cement and engineering conglomerate, said on Monday it had received a $103 million order from a unit of French building materials giant Lafarge to construct a cement plant in northern Bangladesh.
Grasim Industries Ltd has submitted an alternate proposal to Larsen & Toubro before the engineering major decides to demerge its cement business at its board meeting
Workaholic CEOs find their job appealing, but their subordinates find that appalling.
State-run Life Insurance Corporation of India has raised its holding in cement and construction major Larsen & Toubro by about one percentage point to 18.4 per cent.\n\n
Larsen & Toubro has won about Rs 70.3 crore [Rs 703 million) ($15.6 million)] contract from Radissons Group for the construction of a 15-storey hotel and service apartments in Bahrain.
Larsen & Toubro has bagged a $19 million order from Oman Cement Company for a cement grinding plant at Rusayl, Oman.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Mumbai-based L&T Infotech, a part of the Larsen &Toubro group, is evaluating acquisitions of $50-200 million (close to Rs 200-820 crore) in the US, Europe and India in a bid to boost revenues.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
Larsen & Toubro Ltd on Monday posted a massive jump in its second quarter net profit at Rs 371.98 crore (Rs 3.71 billion) as against Rs 81.26 crore (Rs 810 million) in July-September 2003.
Larsen & Toubro Ltd on Tuesday decided to demerge its cement business into a new cement firm.
Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them.
The tunnel would reduce the travel time to the Ladakh region by 15-20 per cent and would come up close to the Atal tunnel near Rohtang Pass, reports Megha Manchanda.
Construction major Larsen & Toubro is set to hike its topline to Rs 20,000 crore (Rs 200 billion) and said it will soon come up with a new business plan to ensure a 20 per cent annual sales growth by 2009.
The deal size and project completion deadline were not disclosed in the announcement, but people in the know have pegged the deal at over Rs 6,000 crore, reports Aneesh Phadnis.
