Tag: L&T
17 Results
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L&T bags up to Rs 5,000 cr order from Rail Vikas Nigam in Uttarakhand
The engineering and construction company did not provide the exact value of the contract, but as per its project classification, "large" orders are those valued between Rs 2,500 crore and Rs 5,000 crore.
January 18, 2021 -
Indices end flat, Nifty falls to 11,300
On the broader market, the S&P MidCap and SmallCap index ended 1.6 per cent and 0.76 per cent higher respectively.
August 13, 2020 -
L&T committed to reduce dependency on products from China
L&T takes pride on being at the forefront of creating projects and products, some of the largest, biggest, and longest in the world all made in India, it said.
June 23, 2020 -
L&T installs Cryostat base in world’s largest N-fusion project
The Cryostat forms the vacuum-tight container surrounding the reactor vacuum vessel and the superconducting magnets and acts essentially as a very large refrigerator.
June 9, 2020 -
India Fights Corona: L&T donates Rs 150 cr to PM-CARES Fund, another Rs 500 cr for contract workers
L&T joins a list of other corporates including Tata Group and Reliance Industries who have come forward to offer their support to fight this unprecedented crisis.
March 30, 2020 -
L&T Technology Services awarded multi-million-dollar EPCM project in Europe
The shares of LTTS were trading at Rs 1,474.60 a piece on BSE in morning trade.
December 23, 2019 -
Mindtree ‘united’ to oppose L&T’s hostile takeover bid
Leading IT services firm Mindtree on Tuesday said the company's stakeholders, including investors and employees, were all "united" in opposing diversified conglomerate Larsen and Toubro Ltd's (L&T) bid to take it over.
March 19, 2019 -
L&T sells electrical, automation biz to French major Schneider for Rs 14,000 cr in all-cash deal
The transaction, subject to regulatory approvals, covers all segments of E&A business except marine switchgear and servowatch systems
May 1, 2018 -
L&T slashes cost for Shivaji Memorial in Arabian Sea off Mumbai
In a major climbdown, infra-major Larsen & Toubro (L&T) has drastically slashed the estimated project cost for the proposed Chhatrapati Shivaji Maharaj Memorial in the Arabian Sea off Mumbai and consequently was awarded the Letter of Acceptance (LoA) by Maharashtra government this week. “The L&T has been issued the LoA for constructing the first phase …
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March 2, 2018 -
One month on, Hyderabad metro sees 32 lakh passengers
As many as 32.25 lakh passengers utilised the services of metro rail during the past one month, said NVS Reddy, Managing Director of Hyderabad Metro Rail Limited here on Friday. “Passenger figures are slowly stabilising and we expect it to stabilise in two months. On an average one lakh passengers are traveling every day,” Reddy …
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December 29, 2017 -
Tata, L&T among 17 bidders for Mumbai Trans Harbour Link project
Mumbai Trans Harbour Link project is worth Rs. 18,000 crore
July 19, 2017 -
Nifty closes at record high; L&T, RIL smart gainers
Tracking positive Asian and European equity markets, domestic bourses extended last week’s gains and closed Monday’s trading session on a higher note. The NSE Nifty ended at record-closing high, up 69 points or 0.75 per cent at 9243. The BSE Sensex closed 290 points or 0.98 per cent higher at 29,910. In the broader markets, …
Continue reading "Nifty closes at record high; L&T, RIL smart gainers"
April 3, 2017 -
Nifty closes at record high; L&T, RIL smart gainers
Tracking positive Asian and European equity markets, domestic bourses extended last week’s gains and closed Monday’s trading session on a higher note. The NSE Nifty ended at record-closing high, up 69 points or 0.75 per cent at 9243. The BSE Sensex closed 290 points or 0.98 per cent higher at 29,910. In the broader markets, …
Continue reading "Nifty closes at record high; L&T, RIL smart gainers"
April 3, 2017 -
L&T arm to provide EPC services to Shell projects
Engineering major L&T on Tuesday said that its hydrocarbon subsidiary will provide Engineering, Procurement and Construction Management (EPCM) services to Anglo-Dutch oil and gas firm Shell in West Asia, South East Asia and India over the next five years. "L&T Hydrocarbon Engineering has signed an enterprise framework agreement (EFA) with Shell Global Solutions International B.V. …
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February 28, 2017 -
Digitisation impact: L&T lays off 14,000 employees
Faced with economic challenges, engineering major Larsen & Toubro (L&T) has laid off 14,000 employees across businesses during April-September period this year, saying it was necessary to stay “agile and competitive”. “It was a strategic decision that if a business is not in good shape, we are trying to resize it. If there is time …
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November 23, 2016 -
Sensex, Nifty trade higher; L&T jumps 3.1%
Maintaining initial gains amid positive global cues, domestic equity markets were trading marginally higher in the late morning trade on Tuesday. At 11.45 am, the Sensex at the BSE was trading 70 points higher at 26,031 while the Nifty at the NSE was trading 18 points up at 8,020. Broader markets outperformed the front liners, …
Continue reading "Sensex, Nifty trade higher; L&T jumps 3.1%"
November 23, 2016 -
Sensex, Nifty trade higher; L&T jumps 3.1%
Maintaining initial gains amid positive global cues, domestic equity markets were trading marginally higher in the late morning trade on Tuesday. At 11.45 am, the Sensex at the BSE was trading 70 points higher at 26,031 while the Nifty at the NSE was trading 18 points up at 8,020. Broader markets outperformed the front liners, …
Continue reading "Sensex, Nifty trade higher; L&T jumps 3.1%"
November 23, 2016