Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has announced the divestment of its 100% stake in L&T Infrastructure Engineering Limited (LTIEL), a provider of standalone engineering consultancy services for the infrastructure sector in India. The stake has been acquired by STUP Consultants Private Limited, a subsidiary of…
Larsen & Toubro (L&T) has appointed Subhashree Pradeep as the Head of Talent Management and Diversity, Equity & Inclusion (DE&I), according to ETHRWorld report. “I’m happy to share that I’m starting a new position as Head – Talent Management & DE&I at Larsen & Toubro,” Subhashree shared in a LinkedIn post. Subhashree comes with 20…
Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has ranked No.3 in the ‘Top 200 Environmental Firms’ list for 2022 released by Engineering News-Record (ENR), New York. L&T is the only Indian firm in this list, with pro environmental revenues of USD 4.83 billion in 2021, accounting for…
Engineering giant Larsen & Toubro Limited announced the appointment of Anil. V. Parab as a Whole-time Director on the company’s Board, with effect from August 5, 2022. According to the company’s exchange filing, “we hereby inform you that the Board of Directors at its Meeting held on 26th July 2022 has appointed Mr. Anil. V.…
Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), the engineering & construction conglomerate, and ReNew Power (ReNew), a renewable energy company in India, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen sector in India. The tripartite venture…
Larsen & Toubro (L&T), the technology, engineering, construction, manufacturing, and services conglomerate, has announced the launch of L&T EduTech – a new industry-led, application-based, practical oriented learning platform, rooted in technology. “We are living in a period of accelerating change, with the need to not only learn new things but also seek newer and better…
L&T’s wholly owned subsidiary, Nabha Power Limited has recently won two awards at the 22nd National Award Ceremony for Excellence in Energy Management, hosted by Confederation of Indian Industry (CII). Nabha Power was adjudged the National Energy Leader 2021 for its continued excellent performance for the third consecutive year in Energy Management. The power producer…
L&T Technology Services Limited, a global pure-play engineering services company, has announced that it has signed a collaboration agreement with UK’s Coventry University to build and deliver new generation engineering solutions for the automotive and manufacturing sectors. The partnership will see research undertaken in autonomous mobility solutions and vehicle dynamics with the aim of strengthening…
Larsen & Toubro (L&T), an engineering and construction company, has announced that it is planning to intensify its efforts to retain the company’s workforce, in light of the second wave of COVID-19, according to a company official. “What has happened after the first wave (of COVID-19) is that much of the labourers went back to…
Mindtree, a digital transformation and technology services company, has announced that it has signed an agreement to acquire the NxT Digital Business, the cloud based IoT and AI platform for Industry 4.0 of L&T Group. The NxT Digital Business, was founded as a startup with digital capabilities within L&T. NxT Digital Business leverages the Group’s…
At a time when India is reeling in the wake of the `second Covid19 wave’, which has consequently led to a shortage of oxygen, L&T has immediately started working towards a long-term solution to meet the medical-grade oxygen demand in the country. L&T will soon start delivering 22 oxygen generators to various hospitals in India,…
L&T Finance Holdings Limited, a private sector Non-Banking Financial Company in India, present in businesses including rural finance, housing finance, infrastructure finance and investment management, has closed its Rights Issue to raise Rs. 2,998.61 crores (“Rights Issue”). The Rights Issue was oversubscribed by approximately 15%. Mr. Dinanath Dubhashi, Managing Director & Chief Executive Officer, L&T…
Larsen & Toubro, India’s leading engineering, procurement and construction projects, manufacturing, defence and services conglomerate, opened the doors to ‘Planet L&T,’ its sprawling new digitally-enabled corporate experience center. Located at its newly-built ‘A.M. Naik Tower’ in Powai, Mumbai, the center is spread over close to 10,500 square feet. The ‘Planet L&T’, a mesmerising peek into…
Exponential-e, a UK-based leading & innovative CSP of enterprise connectivity & unified communications services, announced it has entered into a strategic partnership with L&T Technology Services Limited, to jointly offer workplace transformation solutions to customers working in the post-COVID environment. In the “new normal” brought on by the pandemic, enterprises are ramping up operations in…
L&T Technology Services Limited, a global engineering services company, announced that it has expanded its collaboration with Microsoft Corporation and launched its latest and enhanced version of the i-BEMS solution on Microsoft Azure to transform buildings into future-ready smart campuses. “With growing digital transformation, there has been a clear impetus on the need for organizations…