Larsen & Toubro Limited

News and overview for Larsen & Toubro Limited

Project Management Institute Honors Larsen & Toubro with PMI Distinguished Project Award
CNBC | 9 days 21 hours 26 minutes ago
NEWTOWN SQUARE, Pa. & HYDERABAD, India, Nov 13, 2009 (BUSINESS WIRE) -- Larsen & Toubro Limited (L&T) was awarded the Project Management Institute (PMI) Distinguished Project Award for the Booster Compressor Platform Project (BCP-B2) located off the coast of Mumbai commissioned by Oil and Natural Gas Corporation (ONGC). This award recognizes and honors successful projects that have promoted project management concepts, techniques, practices or theories through the effective application of pro...


L&T Heavy Eng LLC to open plant in Oman
Financial Express (India), The | 7 days 13 hours 46 minutes ago
Engineering firm L&T Heavy Engineering LLC is set to open a high tech manufacturing facility in Sohar, Oman, tomorrow to augment its existing modular fabrication facility.


Reportlinker Adds Global Patient Monitoring Investment Opportunities, Analysis and Forecasts to 2012 Report [Press Release]
Business Wire | 39 days 20 hours 5 minutes ago
Reportlinker.com announces that a new market research report is available in its catalogue.


India stx up 1 pct, Larsen gains after share sale
Reuters | 9 days 19 hours 31 minutes ago
BANGALORE, Nov 13 (Reuters) - Indian shares rose more than 1 percent despite a choppy morning session on Friday, helped by gains made by infrastructure play Larsen & Toubro (LART.BO) after the firm sold off a third of its stake in outsourcing firm Mahindra Satyam (SATY.BO). Analysts said the undertone of the market was cautious after concerns about consumer spending and strength of the recovery in the world's largest economy hit Wall Street, snapping a six-day winning streak, and pulling down...


GVK to acquire L&T stake in Bial
Financial Express (India), The | 2 days 5 hours 31 minutes ago
GVK Airport Developers Pvt Ltd, a wholly owned subsidiary of GVK Power and Infrastructure Ltd, is in the process of acquiring the 17% stake of Larsen & Toubro (L&T) in Bengaluru International Airport Ltd (Bial).


BSE Sensex up 1%, L&T gains
Financial Express (India), The | 9 days 20 hours 47 minutes ago
The BSE Sensex rose more than 1 percent despite a choppy morning session on Friday, helped by gains made by infrastructure player Larsen & Toubro after the firm sold off a third of its stake in outsourcing firm Mahindra Satyam.


RIL not to deal in L&T shares for at least five years
Financial Express (India), The | 4 days 14 hours 24 minutes ago
The Reliance group will have nothing to do with Larsen & Toubro (L&T) shares in any way for the next five years at least. This follows a deal struck as part of the overall agreement for the sale of Reliances 10.05 per cent stake in L&T to Grasim.


L&T raises $600 m via QIP, FCCB
Financial Express (India), The | 45 days 5 hours 24 minutes ago
Larsen & Toubro Ltd (L&T) has raised $400 million (around Rs 1,880 crore) through qualified institutional placements (QIPs) at 1% discount and another $200 million (around Rs 940 crore) via foreign currency convertible bonds (FCCBs) for five-year tenure at 3.5% coupon and at a premium of 15%. The proceeds of the funds will be used towards power plants, ports, ship building and nuclear forging.


L&Ts FCCBs to be listed on Singapore bourse
Financial Express (India), The | 44 days 8 hours 22 minutes ago
Larsen & Toubro (L&T) is planning to list the foreign currency convertible bonds (FCCBs), through which it raised $200 million (Rs 940 crore) on Thursday, on the Singapore Exchange Securities Trading Ltd. L&T had raised the FCCBs on October 9, for five-year tenure at 3.5% coupon and at a premium of 15%.


Indian Cement Goes Global
Forbes | 4 days 5 hours 7 minutes ago
Braj Binani expands his firm far from home


Unstrung - WLANs/WiFi/802.11 - L&T Unveils LTE Device Software - Telecom News Wire
Unstrung.com | 18 days 12 hours 57 minutes ago
L&T Infotech announces the availability of its 3GPP release LTE UE (User Equipment) protocol stack, version 8


Nalco plans to set up $3 bn plant in Abu Dhabi
Financial Express (India), The | 32 days 20 hours 29 minutes ago
New Delhi, Sept 25: National Aluminium Company Limited (Nalco) is planning to set up a $3-billion (Dh11.04 billion) aluminium smelter in Abu Dhabi. Also, Reliance Industries is expected to invest in a petrochemical plant.





 1  

12 Results

Sign up for AGC SmartBrief



Designed specifically for contractors and construction executives like you, AGC SmartBrief is a FREE e-mail newsletter delivered 4x/week. It provides the latest need-to-know news and industry information that maximizes your time, giving you an edge over your competition. Learn more

Company Overview


Company: Larsen & Toubro Limited
Industry: Construction & Design Services
Website: http://www.larsentoubro.com

Construction conglomerate Larsen & Toubro is committed to building a stronger India. Founded in 1938, the firm and its subsidiaries offer construction and engineering services related to commercial projects; services include civil, mechanical, and electrical engineering, as well as information technology consulting. Larsen & Toubro also makes equipment and machinery used to build airports, buildings, missiles and weapons, oil and gas platforms, power plants, refineries, roads and bridges, and water treatment facilities. Domestic business within India dominates, but the company is steadily growing its global operations with a focus on China and the Middle East.


Key Numbers

Sales in U.S. Dollars (mil.) 7,317.1 (2008)
One-year % Growth in Sales 80.8 (2008)
Net Income in U.S. Dollars (mil.) 569.2 (2008)
One-year % Growth in Net Income 76.2 (2008)
Number of Employees 0 (0)
One-year % Growth in Number of Employees 0.0 (0)
Fiscal Year-End March