This strategic divestment is in line with L&T’s stated goal of unlocking value for future growth Mumbai: Larsen & Toubro (L&T), India’s leading engineering, technology, construction and financial services conglomerate, today announced the closure of the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider Electric, a global player in energy management […]
BHEL, L&T, others may get incentives for manufacturing import substitutes
In the electronics sector, the government already has a PLI scheme that extends an incentive of 4 to 6 per cent on incremental sales (over base year) of goods manufactured in India and covered under target segments New Delhi: The government proposes to incentivise operations of domestic equipment manufacturers such as BHEL, L&T, and Bharat […]
L&T gains after construction arm bags ‘major’ orders
Larsen & Toubro (L&T) rose 1.84% to Rs 822.50 after the power transmission & distribution business of L&T Construction has bagged ‘major’ orders in India and abroad. L&T said that in Kuwait, an order has been awarded to upgrade substations and related power facilities in KNPC’s Mina Al Ahmadi oil refinery. The business has won […]
L&T bags significant orders in India, overseas
An order to build 220kV substations in Nepal has been received, it said, adding that an order to establish 380kV and 230kV transmission line corridors in the Kingdom of Saudi Arabia has also been bagged New Delhi: Infrastructure company Larsen & Toubro on Tuesday said the power transmission and distribution business of L&T Construction has […]
EQ in conversation with Mr.Rahul Bhardwaj – Head Business Development at L&T
Apis Partners to invest USD 110 mn in L&T Infra Debt Fund
L&T IDF has a loan book of Rs 8,000 crore and the investment will help grow the book, an official statement said. Mumbai: British private equity fund Apis Partners on April 25 said it is picking up a 25.1 percent stake for $110 million in Larsen & Toubro Infra Debt Fund (IDF), the infra refinancing arm […]