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As of 31 March 2022, L&T has 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 joint operations. [18]L&T – Construction Equipment Limited: having its registered office at Mumbai, India and focusing on construction equipment and mining equipment, L&T-Komatsu Limited [19] was a joint-venture of Larsen and Toubro, and Komatsu Asia Pacific Pte Limited, Singapore, a wholly owned ...
In June 2019, Larsen & Toubro completed its hostile takeover of Bengaluru-based company Mindtree, despite opposition from the latter's promoters. [16]In May 2022, it was announced that Mindtree, which was then a different IT services subsidiary of Larsen & Toubro, will be merged into LTI, [17] and the company will be renamed as LTIMindtree.
S. N. Subrahmanyan joined the ECC Division of Larsen & Toubro in 1984 and began working with leaders like Cheyur Ramaswamy Ramakrishnan (former Joint Managing Director, L&T), A Ramakrishna (former President & Deputy Managing Director, L&T) and K V Rangaswami (former President, ECC).
The D&B contractor is ALYSJ JV led by Greece's Ellaktor and comprising Larsen and Toubro (India), Yapı Merkezi (Turkey), STFA Group (Turkey) and Al Jaber Engineering (Qatar). The consortium won the contract with a bid of $4.4 billion in January 2015. [20]
Mindtree was acquired by Larsen & Toubro in 2019, before being merged with L&T Infotech (LTI) in 2022 to form LTIMindtree. [6] [7] [8] The company had business interests in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, testing, enterprise application integration, and enterprise resource planning ...
In 1938, Toubro partnered with his former schoolmate Henning Holck-Larsen, a chemical engineer and a fellow F.L.Smidth's employee, to establish Larsen & Toubro. The idea of L&T was conceived during a holiday in Matheran, a hill station near Mumbai. [2] Holck-Larsen was a risk-taker while Toubro was more conservative. [1]
In its first year, the company generated $70 million in revenue. Initially, it only operated as the engineering arm of Larsen & Toubro [6] and in 2013, as a result of L&T's strategy, the parent company was split into "nine verticals and six subsidiaries", of which this was one.
This page contains all the articles related with Larsen & Toubro, one of the largest conglomerates in India. Pages in category "Larsen & Toubro" The following 17 pages are in this category, out of 17 total.