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larsen and Toubro

L&T Q1 net rises 20.5% to Rs 1,361 crore, revenue rises 9.7%

The overall PAT, including the PAT from discontinued operations for the quarter April to June, 2019 grew by 21.2 percent to Rs 1,473 crore as against Rs 1,215 crore for the corresponding quarter of the previous year, L&T said in a BSE filing.

Jul 23, 2019, 18:19 PM IST

L&T says Mindtree open offer completed, shareholders payments made

The infrastructure major's open offer - for Rs 980 a share - opened on June 17 and closed on June 28, 2019.

Jul 03, 2019, 12:41 PM IST

L&T acquires controlling stake in Mindtree, India's first hostile IT takeover ever

In March this year, L&T had bought 20.32 percent stake from coffee baron VG Siddhartha and companies related to him and as since kept buying stake in Mindtree from its promoters and through an ongoing open offer.

Jun 26, 2019, 17:02 PM IST

Mindtree independent directors' panel says L&T's open offer price fair, reasonable

Last week, infrastructure major L&T had announced its Rs 5,030-crore open offer to acquire an additional 31 percent stake in the mid-tier IT company after nearly a month's delay.

Jun 12, 2019, 14:49 PM IST

L&T buys 13,440 shares of Mindtree, expands shareholding to 26.48%

Earlier this month, L&T had purchased around 20 percent stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal for about Rs 3,210 crore, and has since topped that up with share purchases from the open market.

May 18, 2019, 18:14 PM IST

L&T acquires additional 2% stake in Mindtree; takes total holding to 25.9%

The mode of the acquisition was open market purchases and L&T's holding after the said purchase stood at 25.93 percent, compared to 23.92 percent prior to the transaction, another filing said.

May 10, 2019, 12:21 PM IST

What message is being sent to start-ups: Mindtree promoters to L&T on hostile bid

Posing five questions to diversified Larsen and Toubro (L&T), which already has two separate IT firms, the promoters also wanted to know what would happen if Mindtree employees choose to leave after the takeover.

Mar 19, 2019, 18:00 PM IST

L&T employee encashed his accumulated leaves of 50 years, received Rs 19.38 crore

Naik was awarded the Padma Bhushan in 2009.

Jan 29, 2019, 18:27 PM IST

Indian Army's latest big gun K9 Vajra-T Howitzer: Know all about its birthplace

This is the first private facility in the country where the K9 Vajra self-propelled Howitzer guns will be manufactured.

Jan 23, 2019, 12:12 PM IST

Watch: PM Modi inaugurates L&T's howitzer gun-manufacturing unit, rides a K9 Vajra

The L&T had in 2017 won a contract worth Rs 4,500 crore to supply 100 units of the K9 Vajra-T 155 mm/52 calibre Tracked Self-Propelled gun systems to the Indian Army. 

Jan 19, 2019, 13:38 PM IST

Govt to kick start process for Rs 60K crore submarine programme

The government is all set to roll out the process for the Rs 60,000-crore submarine programme.

Jun 11, 2017, 13:15 PM IST

L&T Infotech appoints Sanjay Jalona as MD and CEO

Jalona will operate out of L&T Infotech's office in New Jersey, USA.

Aug 11, 2015, 15:23 PM IST

L&T bagged Rs 4,006 crores in global deals in December

Larsen and Toubro (L&T) Monday said it bagged global orders worth Rs 4,006 crores ($6.5 billion) across various business verticals in December 2014.

Jan 05, 2015, 15:16 PM IST

L&T net profit up 7% at Rs 862 crore

Engineering and construction major Larsen and Toubro on Friday reported a 7 percent rise in consolidated net profit for the July-September quarter at Rs 862 crore on higher revenues.

Nov 07, 2014, 18:50 PM IST

Telangana denies L&T pulling out of Hyderabad Metro project

The Telangana government has denied that infrastructure major Larsen & Toubro is pulling out of Hyderabad Metro rail project.

Sep 17, 2014, 15:02 PM IST

L&T slumps around 7% after adjusted profit lags estimates

Shares of conglomerate Larsen and Toubro slumped around 7 percent on Wednesday after the company`s April-June net profit, adjusted for exceptional items worth Rs 2.49 billion, missed estimates.

Jul 30, 2014, 14:11 PM IST

L&T reports two-fold rise in net profit to Rs 966.89 crore

Engineering major Larsen and Toubro (L&T) on Monday reported over two-fold increase in the consolidated net profit at Rs 966.89 crore for the April-June quarter, mainly on the back of gain on disinvestments and stake sale in one of its projects.

Jul 28, 2014, 22:06 PM IST

L&T gets Rs 4,510 cr order from Doha metro project

L&T was among the five firms that forged a joint venture to bid for the project.

Apr 25, 2014, 20:40 PM IST

L&T shares gain after FIPB approves unit's FDI proposal

L&T shares climbed 2.85 percent to Rs 1081.60 at the close on the BSE after rising to Rs 1,085.90.

Feb 24, 2014, 18:36 PM IST

L&T profit rises 22%; cuts order inflow guidance for FY14

Net sales rose 11.8 percent to Rs 14,387.51 crore in Q3 from Rs 12,869.34 crore.

Jan 22, 2014, 19:05 PM IST