Advertisement


Larsen Toubro L T
Business  /  Published 23.07.20

Covid impact: L&T net profit down 79%

Net profits at Larsen & Toubro slumped 79 per cent for the quarter ended June 30, 2020 as orders took a beating and industrial activity was affected by the lockdown. The conglomerate reported a c...
By Our Special Correspondent in Mumbai

Business  /  Published 22.07.20

L&T key officials take voluntary pay cuts

Key officials of Larsen & Toubro have taken a voluntary pay cut of up to 53 per cent, including a 24.19 per cent salary cut by group chairman A.M. Naik, according to the company’s annual rep...
By Our Bureau in New Delhi

Business  /  Published 16.07.20

Mindtree founders look to exit

The founders of Mindtree are reportedly planning to sell their stake in the IT services firm. Last year, Larsen & Toubro had acquired a majority control over the Bangalore-based company and it cur...
By Our Special Correspondent in Mumbai

Calcutta  /  Published 10.06.20

L&T to build new Tallah bridge

Larsen and Toubro (L&T) will build the new Tallah bridge, which could be ready for use by February 2022 if everything moves according to plan, officials of the public ...
By Subhajoy Roy in Calcutta

Business  /  Published 06.06.20

L&T board clears Naik extension

Larsen & Toubro on Saturday said its board has approved a proposal to re-appoint A.M. Naik as the non-executive chairman for a period of three years from October 1, 2020,Naik’s present tenure is...
By Our Special Correspondent in Mumbai

Business  /  Published 05.06.20

Larsen profit drops 6%

Engineering and construction major Larsen & Toubro (L&T) has recorded a 6 per cent fall in consolidated net profit for the March quarter of 2020.L&T posted a net profit of Rs 3,197.07 cror...
By Our Special Correspondent in Mumbai

Business  /  Published 22.01.20

L&T net rises

Engineering and construction major Larsen & Toubro (L&T) on Wednesday posted a 15 per cent rise in consolidated net profit at Rs 2,560.32 crore for the December quarter of 2019, helped by high...
By TT Bureau in Mumbai

Business  /  Published 06.07.19

Mindtree trio step down

Mindtree founders — Krishnakumar Natarajan, Parthasarathy NS and Rostow Ravanan — have resigned from the board and executive roles after Larsen & Toubro (L&T) gained majority control of th...
By Our Special Correspondent in Mumbai

Business  /  Published 26.06.19

Mindtree stake rejig

After Larsen & Toubro (L&T) acquired a controlling stake in Mindtree, the focus has shifted to the founders of the mid-sized IT services firm.The good response to L&T’s open offer has tr...
By Our Special Correspondent in Mumbai

Business  /  Published 16.04.19

Mindtree dividend bait

The board of Mindtree will consider a special dividend offer on Wednesday amid a debate on whether the company can engage in such an exercise when it is in the midst of a takeover battle with Larsen &...
By Our Special Correspondent in Mumbai


Advertisement

Download our latest App

to get update on the go...

Advertisement

Advertisement
 
Copyright © 2020 The Telegraph. All rights reserved.