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LARSEN TOUBRO NEWS

Larsen & Toubro profit rises 45% to Rs 3,223 crore in second quarter

November 01, 2023 10:35 am

International revenues during the quarter at Rs 21,898 crore constituted 43 per cent of the total revenue.

L&T bags 'significant' contracts for water, effluent treatment business

October 10, 2023 1:46 pm

L&T did not provide value of the contracts but said the orders fall under "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore, as per its classification of contracts.

L&T bags various orders under different business units

October 05, 2023 12:17 pm

L&T on Thursday said its Buildings & Factories business has bagged several 'large' projects under its various business units.

L&T bags contract to construct city’s longest tunnel

September 14, 2023 6:23 pm

The 3.8km-long proposed twin tunnel road will provide connectivity between Orange Gate, Eastern Freeway and Marine Drive on Mumbai’s coastal road.  Each tunnel will have 2+2 lanes with one emergency lane.

Shivaji Memorial Contract: Firm gets one-year extension

October 18, 2021 1:14 am

The PWD had signed the contract with the L&T for Rs 2,800 crore and the three year contract period will end on October 18, 2021.

L&T flags off final assembly of cryostat for $20-billion fusion reactor

July 01, 2020 2:36 am

The cryostat’s function is to provide cooling to the fusion reactor and to keep very high temperatures at its core under control.

L&T consolidated net up 15.2%; order book jumps

January 23, 2020 5:08 am

However, unaudited standalone net profit was at Rs 1,343.50 crore for the December quarter as against Rs 1,634.78 crore in the year-ago period.

Mindtree appoints former Cognizant executive as new MD, CEO

August 03, 2019 10:02 am

L&T's takeover of Mindtree marked India's first-ever hostile takeover in the IT space. The infrastructure giant had bought 20.32 per cent shares in Mindtree from late V G Siddhartha and his coffee enterprise for over Rs 3,000 crore in March.

Strongly believe L&T bid will be value destructive for all shareholders, say Mindtree promoters

March 20, 2019 5:12 am

The stock of Mindtree declined 2.03 per cent to close at Rs 943 on the BSE. Shares of L&T fell by 1.60 per cent to close at Rs 1,356.75. However, shares of L&T Infotech rose by 3.99 per cent to settle at Rs 1,636.05 per unit.

Mindtree promoters condemn L&T’s takeover bid

March 19, 2019 2:31 pm

With 66.32 per cent stake in Mindtree, L&T would become the majority shareholder. The IT company's shares fell at least 1.7 per cent on Tuesday.

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