L&T appoints Accenture veteran as Mindtree COO

Mid-size IT services firm Mindtree said it has appointed as Chief Operating Officer Dayapatra Nevatia, MD and Director of Delivery for Accenture’s Advanced Technology Centers in India. Dayapatra leads the delivery for Accenture’s entire portfolio, spanning system integration, digital, application outsourcing, infrastructure, and security services across industry groups, Mindtree said. “His vast industry experience along […]

Airbus India awards outsourcing deal to L&T Technology Services

L&T Technology Services, which provides outsourced engineering services, said it has won a contract from aircraft maker Airbus India to manage their Avionics Software Development, V&V (Validation & Verification) and Data Analytics. The size and duration of the deal have not been disclosed. L&T Technology Services Limited (LTTS) is a listed subsidiary of construction major […]

L&T Mitsubishi wins large order for Khurja Super Thermal Power Plant

Larsen & Toubro said L&T-MHPS Boilers Private Ltd (LMB), one of the company’s joint ventures with Mitsubishi Hitachi Power Systems, won a thermal power project order worth Rs 2,500-5,000 cr from the UP government. The order, from THDC India Limited – a joint venture of Government of India and Government of Uttar Pradesh – is […]

L&T bags Mumbai Metro order

Infrastructure major Larsen and Toubro (L&T) said its construction business has received orders worth over Rs 2,500 crore across various Indian states including Delhi, Gujarat, Karnataka, Tamil Nadu, Andhra Pradesh, Uttar Pradesh and Maharashtra. L&T secured an order from the Mumbai Metro Rail Corporation Ltd for the design, procurement, supply, installation, testing and commissioning of […]

L&T acquires Rs 7.2 cr worth of Mindtree shares via open market

Infrastructure major Larsen and Toubro said it acquired 73,953 shares of IT firm Mindtree from the open market. The latest purchase comes three days after it acquired 13,443 shares in the IT company. After the latest transaction, L&T’s shareholding in Mindtree stands at 26.53%. The latest stock purchase was made at Rs 979 price per […]

L&T Infotech unit to supply banking software from Temenos

Syncordis SA, a wholly owned subsidiary of technology consulting and digital solutions firm L&T Infotech, said that it has agreed to supply solutions from banking software provider Temenos to its customers. “Through the partnership with Temenos, the company will attain enhanced capabilities to offer a wide range of services across Temenos product portfolio and manage […]

L&T buys TN Govt stake in shipbuilding unit for Rs 32.74 crores

Infrastructure major Larsen and Toubro (L&T) said it has purchased the entire stake held by the Tamil Nadu Industrial Corporation Ltd (TIDCO) in one of its subsidiaries, L&T Shipbuilding Ltd. TIDCO previously held a 3% stake in L&T Shipbuilding Ltd. Post the acquisition worth Rs 32.74 crore, L&T Shipbuilding Ltd will become a wholly-owned subsidiary […]

L&T’s hydrocarbon engineering business bags orders worth over Rs 1,000 crore

Infrastructure major Larsen and Toubro (L&T) said its hydrocarbon engineering business has received orders worth over Rs 1,000 crore across various segments. The Modular Fabrication business has secured a contract for process and piperack modules for a process plant, which includes procurement, fabrication, pre-commissioning and load-out of the modules, it said. The contract shall be […]

L&T bags power transmission orders worth over Rs 2,500 crore

Infrastructure major Larsen and Toubro (L&T) on Tuesday said that its power transmission and distribution business has received orders worth over Rs 2,500 crore from India, the Middle East and the ASEAN region. In India, the company received orders for laying underground cable in certain unnamed industrial areas and towns to improve the reliability of […]

Larsen and Toubro wins order worth over Rs 2,500 crore from Kuwait Oil Company

Infrastructure major Larsen and Toubro reported new orders worth over Rs 2,500 crore from Kuwait Oil Company (KOC). The new contract includes construction of a new export strategic pipeline and its associated facilities that will span a distance of around 145 kilometres. The contract has been awarded through international bidding on a Lump Sum Turnkey […]

L&T wins construction orders worth over Rs 1,000 crore

Infrastructure major Larsen and Toubro reported new construction orders worth over Rs 1,000 crore from Tamil Nadu, Andhra Pradesh, Jharkhand and the United Arab Emirates. L&T’s Smart World and Communication business secured orders from the Tirupati Smart City Corporation Limited to implement pan-city ICT (Information and communications technology) solutions and design and construct a City […]

L&T bags Rs 2,500 crore order for construction of petroleum coke plant in Oman

Infrastructure major Larsen and Toubro on Tuesday said that its hydrocarbon engineering business has received orders worth over Rs 2,500 crore from Tawfiq Coke Products, Oman. The contract is for the engineering, procurement and construction of a calcined coke plan with a capacity of 45,000 tonnes per annum. “The contract will further reinforce L&T’s operations […]

L&T bags orders worth over Rs 2,500 crore

Infrastructure major Larsen and Toubro on Monday said it bagged orders worth over Rs 2,500 crore from Jharkhand, Hyderabad, Gujarat and West Bengal and Bihar. The buildings and factories arm of L&T received an order from the Jharkhand State Building Construction Corporation Limited for the construction of two 500-bed hospitals at Jamshedpur and Dumka respectively. […]

L&T gets power transmission orders worth over Rs 1,000 crore

Infrastructure major Larsen and Toubro (L&T) on Tuesday said that it has bagged contracts for its power transmission and distribution business worth over Rs 1,000 crore, including from Bengaluru and Mumbai metro projects. The engineering and construction company received two orders from Andhra Pradesh. The first one is for the design and construction of two […]

L&T reports new construction orders worth over Rs 2,500 crore

Infrastructure major Larsen and Toubro (L&T) reported new construction orders from Telangana, Jharkhand, New Delhi and the Gulf, worth between Rs 2,500 cr and 5,000 cr in all. The company secured a campus development order of IIT Hyderabad Package,which includes the construction of buildings such as a Sports and Cultural Complex, Research Centre Complex, Knowledge […]

L&T to build Vellara Junction – Tannery Road stretch of Bangalore Metro

Larsen & Toubro said it has received an order worth between Rs 2,500 cr and Rs 5,000 cr to create six underground stations of Bangalore Metro, as well as underground tracks. The first stretch is for 2.76 km from Vellara Junction to Shivajinagar, including a station at MG Road. The second stretch is for 2.88 […]

L&T gets water management contracts worth over Rs 5,000 cr

Infrastructure major Larsen and Toubro (L&T) on Tuesday bagged contracts for its water and effluent treatment business from in Tamil Nadu, Jharkhand and Odisha. The total value of the contracts is between Rs 5,000 to 7,000 cr. The engineering and construction company secured two orders from the Government of Tamil Nadu for the execution of […]

L&T gets “mega” contract to construct an airport

Larsen & Toubro, India’s biggest construction firm, said it has secured a mega contract for design and construction of a major airport. Mega contracts are defined as those that will generate more than Rs 7,000 cr of revenue for the company. In October, Larsen & Toubro had won a Rs 3,036 cr order to build […]

L&T, Subsea 7 wins two more projects from Saudi Aramco

Larsen & Toubro said it has won two more projects from Saudi Aramco, the world’s second largest oil producer, in consortium with Subsea 7. “The award consists of engineering, procurement, construction and installation (EPCI) of three Oil Production Deck Manifolds and Subsea Pipelines in Zuluf and Berri Fields of Saudi Aramco,” said India’s largest construction […]