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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 ...
The company was founded as L&T Information Technology Ltd in December 1996 as a subsidiary of Larsen & Toubro. [5] During 2001–2002, the company's name was changed from L&T Information Technology Ltd to L&T Infotech Ltd and in the same year the company achieved the assessed level of Software Engineering Institute's (SEI) Maturity Level 5.
Larsen & Toubro (L&T), an infrastructure major and one of the largest conglomerates in India, took over control of Mindtree in June 2019 and currently has a 61.08% stake in the company. [17] [18] [5] L&T's takeover of Mindtree was described at the time as the first hostile takeover in the Indian IT industry. [19] [20]
However, L&T lacked the money to purchase them. Therefore, Larsen and Toubro decided to raise additional equity capital, and as a result, Larsen & Toubro Private Limited was established on 7 February 1946. [3] After India gained independence in 1947, L&T set up offices in Calcutta, Madras, and New Delhi.
It is being set up jointly by TIDCO and Larsen & Toubro (L&T) in two phases. L&T shipbuilding Kattupalli is a minor port. L&T shipbuilding Kattupalli is a minor port. Adani ports and special economic zone (APSEZ) acquired Kattupalli Port from L&T in June 2018 and renamed it as Adani Katupalli Port Private Limited (AKPPL).
The modest infrastructure spending increase disappointed investors in the sector and stocks of firms including Larsen & Toubro, NBCC, IRB Infra and KEC International < KECL.NS> were down between 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.
Anil Manibhai Naik (born 9 June 1942) is an Indian industrialist, philanthropist and the chairman emeritus of Larsen & Toubro, [1] an Indian engineering conglomerate, and a former chairman of the National Skill Development Corporation.