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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.
Sekharipuram Narayanan Subrahmanyan (born 16 March 1960) is an Indian businessman who is the chairman and managing director of Larsen & Toubro, an Indian multinational conglomerate. [1] He took over as the MD from A. M. Naik on 1 July 2017. [2]
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Larsen & Toubro, a large Indian engineering and construction conglomerate Lemon & Te Aroha , a New Zealand soft drink Lord & Taylor , the oldest department store chain in the United States
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.
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]
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 ...