India’s leading construction and engineering firm, Larsen and Toubro, has won an order from Maharashtra State Power Generation Co for the construction of three boiler turbine units, which is required for the proposed supercritical power plant of 1,980 MW. The deal is worth Rs. 6,897 ...

Larsen and Toubro, the engineering and construction major, told on Tuesday that it will be bidding for the development of the second line of conventional submarines of the Indian Navy.
 
L&T has the credit for constructing the largest of Indian shipyards in near Chennai and in Gujarat. ...

Larsen and Toubro, the construction and engineering major, has grabbed an order of GMR Energy to develop a gas- based power plant in Andhra Pradesh, which is worth more than Rs.2,000 crore.
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L&T will be designing and manufacturing the vital tools such as heat recovery steam generators, ...

L&T’s financial arm is planning to enter the banking industry by setting up a commercial bank to expand its scope in the financial services provided for India.
 
Currently 4.69% stake of the City Union Bank is held by L&T Finance. According to the spokesperson of the company, ...

Larsen and Toubro and Jaiprakash Power has entered into a partnership, according to which L&T will be supplying and erecting boiler and steam turbine for the thermal power project which will be set up by  Jaiprakash Power in Madhya Pradesh.
 
This is a Rs.4000-crore agreement, ...

The IT arm of Larsen & Turbo, L&T Infotech, has entered into partnership with Micro Focus of Britain to set up a centre of excellence in Mumbai.
 
Micro Focus provides the companies with solutions to improve their businesses.
 
The centre of excellence is aimed at helping ...

According to sources, Larsen & Toubro Ltd has asked permission from market regulators for selling off its stake in Mahindra Satyam Ltd.
 
L&T, operating in industries as diverse as engineering, shipbuilding and software, has requested the permission as an "enabling ...

Larsen and Toubro has bagged contracts worth Rs.853 crore for setting up coal handling plants in Uttar Pradesh and Tamil Nadu.
 
The company in their regulatory statement said that it had received a contract from Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVNL) and Neyveli Lignite Corp for ...

According to the construction and engineering major, Larsen and Toubro (L&T), two offshore contracts from Oil and Natural Gas Corp (ONGC) worth Rs.5,300 crore has been bagged by the company.
 
The tenure for the completion of the project is 33 months.
 
The contract is for the ...

Larsen & Toubro, India's largest engineering and construction major, on Thursday reported a 218% increase in net profits for the quarter ended June 30. This increase of profit for L&T came mainly through the sale of its long term investment in Ultra Tech Cement.
 
The company said ...

Advanced reactors and nuclear services provider GE Hitachi Nuclear Energy (GEH) has inked an agreement with Larsen & Toubro (L&T) for developing nuclear power plants in India. Under the deal both GEH and L&T will develop the proposed Advanced Boiling Water Reactor (ABWR) for nuclear ...

Larsen and Toubro (L&T) has formed a joint venture (JV) with European aerospace and military equipment maker EADS to develop high-tech defence electronics in Pune. According to a joint statement of L&T and EADS, the new joint venture entity will focus on developing electronic warfare, ...

Gross Sales of Larsen & Toubro Limited for the quarter ended December 31, 2008, has grown by 35% over the corresponding quarter of previous year. The gross sales of L&T stand at Rs. 8700 crore for this quarter.
 
The Company has been able to secure fresh orders totaling to Rs. 14620 ...

Indian engineering major Larsen and Toubro (L&T) has signed a MoU with Atomic Energy of Canada to manufacture the 1,000-mw advanced reactors at its facility in Hazira (Gujarat). This was informed by the visiting Canadian minister for international trade and for the Asia-Pacific Gateway, ...

In a major decision to conceptualize weapon systems developed by DRDO for commercial production, heavy engineering giant Larsen & Toubro (L&T) will set up a major research facility. This facility will be complementary to the DRDO not its parallel, L&T Board Member M V Kotwal told the ...

Leading engineering and construction company Larsen and Toubro (L&T) has tied up with Westinghouse Electric Company (WEC) of US to set up new nuclear power reactors. The two companies signed a Memorandum of Understanding (MoU) on Friday (January 16). Under the newly signed agreement, both ...

Emerging engineering and construction company of India, Larsen & Toubro (L&T) announced that it has procured Rs16.4 billion worth of orders. According to company sources, L&T has attained three contracts worth Rs 9.4 billion for the construction of projects in Delhi and Andhra ...

The Mumbai Metropolitan Regional Development Authority (MMRDA) has given the Rs 2,460-crore monorail project to leading engineering company Larsen and Toubro (L&T). India’s first monorail system will be set up in Mumbai city. Under this monorail system, the cars will move on a single ...

Larsen and Toubro (L&T) has announced on October 20, 2008 to expand its Mysore-based medical equipment business. The announcement was made by the president of operations and board member R.N. Mukhija. According to Mukhija, the main focus of the engineering and construction company is to ...

The largest engineering and construction conglomerate of India, Larsen and Toubro Ltd (L&T) has decided to enter into Brazil and South Africa by early 2009. According to the official of the company, L&T is planning to start its operation in oil and gas, cement and paper industries in the ...

SAIL (Steel Authority of India) and L&T (Larsen and Toubro) have signed a MoU (Memorandum of Understanding) for Joint Venture to develop, manage and own captive and independent power plants. The JV firm will develop a 1,600 mw (2 X 800 mw) Greenfield coal- based power plant. There would be use ...

The chairman of engineering giant L&T Anil Manibhai Naik has been selected as the business leader of the year by ET Awards 2008. Mr Naik has won the title of business leader of the year for his passion and commitment and also for his efforts in building up a professional company with great ...

In alliance with international technology partners, the Larsen & Toubro (L&T) has clinched engineering orders worth Rs 3,816 crore from a number of clients in the metal industry. The L&T Company officials informed that their alliance with the Outotec GmbH of Germany and Paul Wurth of ...

Larsen and Toubro (L&T) Limited, India’s largest engineering and construction conglomerate, announced on Tuesday, July 8 that it has clinched a Rs.10.47-billion contract from the Indian Railways (IR) to construct a wheel manufacturing plant in Bihar. The L&T has mentioned in a ...

The Andhra Pradesh Power Development Company Ltd (APPDCL) has placed before the engineering major, Larsen and Toubro (L&T) an order worth Rs1,557-crore for construction work. This information was formally announced by the L&T itself on Monday, June 30. The L&T in a filing to the Bombay ...

Larsen & Toubro (L&T) is looking at the possibility of floating joint ventures companies with Indian Railways to manufacture equipments for the railways. Mr. JP Nayak, board member and president (operations) at L&T revealed that there company is interested in putting up a joint venture ...