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Indian Coast Guard

06 Oct 2020

ICG launches Offshore Patrol vessel Vigraha, to be stationed at Vizag

Director General Indian Coast Guard K Natarajan and Inspector General Region East S. Paramesh were also present with other dignitaries and officers. This is the last in the series of seven vessels that was designed and built exclusively for the Coast Guard by Larsen and Toubro Shipbuilding as a part of the ‘Make in India’ initiative. The 98-m long ship has a displacement of 2100 tons, is capable of achieving a top speed of 26 knots and has an endurance of 5000 nautical miles and has the ability to stay at sea for 20 days without replenishment. The ship has been fitted with advanced navigation and communication equipment, sensors and machinery that are capable of operating in tropical climates. The ship has been designed to carry integral Twin Engine Helicopter which will enhance its operational, surveillance, search and rescue capability.

larsen and Toubro

23 Jul 2019

L&T Q1 net rises 20.5% to Rs 1,361 crore, revenue rises 9.7%

The overall PAT, including the PAT from discontinued operations for the quarter April to June, 2019 grew by 21.2 percent to Rs 1,473 crore as against Rs 1,215 crore for the corresponding quarter of the previous year, L&T said in a BSE filing.

larsen and Toubro

03 Jul 2019

L&T says Mindtree open offer completed, shareholders payments made

The infrastructure major's open offer - for Rs 980 a share - opened on June 17 and closed on June 28, 2019.

larsen and Toubro

26 Jun 2019

L&T acquires controlling stake in Mindtree, India's first hostile IT takeover

In March this year, L&T had bought 20.32 percent stake from coffee baron VG Siddhartha and companies related to him and as since kept buying stake in Mindtree from its promoters and through an ongoing open offer.

12 Jun 2019

Mindtree independent directors' panel says L&T's open offer price reasonable

Last week, infrastructure major L&T had announced its Rs 5,030-crore open offer to acquire an additional 31 percent stake in the mid-tier IT company after nearly a month's delay.

18 May 2019

L&T buys 13,440 shares of Mindtree, expands shareholding to 26.48%

Earlier this month, L&T had purchased around 20 percent stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal for about Rs 3,210 crore, and has since topped that up with share purchases from the open market.

10 May 2019

L&T acquires additional 2% stake in Mindtree; takes total holding to 25.9%

The mode of the acquisition was open market purchases and L&T's holding after the said purchase stood at 25.93 percent, compared to 23.92 percent prior to the transaction, another filing said.

L&T hostile bid

19 Mar 2019

What message is being sent to start-ups: Mindtree promoters to L&T

Posing five questions to diversified Larsen and Toubro (L&T), which already has two separate IT firms, the promoters also wanted to know what would happen if Mindtree employees choose to leave after the takeover.

larsen and Toubro

30 Jan 2019

L&T employee encashed his accumulated leaves of 50 years, received Rs 19.38 cr

Naik was awarded the Padma Bhushan in 2009.

23 Jan 2019

Indian Army's latest big gun K9 Vajra-T Howitzer: Know about its birthplace

This is the first private facility in the country where the K9 Vajra self-propelled Howitzer guns will be manufactured.

19 Jan 2019

Watch: PM Modi rides a K9 Vajra howitzer

The L&T had in 2017 won a contract worth Rs 4,500 crore to supply 100 units of the K9 Vajra-T 155 mm/52 calibre Tracked Self-Propelled gun systems to the Indian Army.

Submarine programme

11 Jun 2017

Govt to kick start process for Rs 60K crore submarine programme

The government is all set to roll out the process for the Rs 60,000-crore submarine programme.

larsen and Toubro

11 Aug 2015

L&T Infotech appoints Sanjay Jalona as MD and CEO

Jalona will operate out of L&T Infotech's office in New Jersey, USA.

05 Jan 2015

L&T bagged Rs 4,006 crores in global deals in December

Larsen and Toubro (L&T) Monday said it bagged global orders worth Rs 4,006 crores ($6.5 billion) across various business verticals in December 2014.

larsen and Toubro

07 Nov 2014

L&T net profit up 7% at Rs 862 crore

Engineering and construction major Larsen and Toubro on Friday reported a 7 percent rise in consolidated net profit for the July-September quarter at Rs 862 crore on higher revenues.

larsen and Toubro

30 Jul 2014

L&T slumps around 7% after adjusted profit lags estimates

Shares of conglomerate Larsen and Toubro slumped around 7 percent on Wednesday after the company`s April-June net profit, adjusted for exceptional items worth Rs 2.49 billion, missed estimates.

28 Jul 2014

L&T reports two-fold rise in net profit to Rs 966.89 crore

Engineering major Larsen and Toubro (L&T) on Monday reported over two-fold increase in the consolidated net profit at Rs 966.89 crore for the April-June quarter, mainly on the back of gain on disinvestments and stake sale in one of its projects.

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