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The Latest Breaking News from Larsen Toubro

Dividends, stock splits: L&T, Havells among 15 stocks turning ex-date this week. Check details

Investors should note upcoming corporate actions. Several companies including GM Breweries, Havells India, and Larsen & Toubro will turn ex-date for dividends and stock splits. Shareholders must hold shares by the record date to be eligible. This period presents opportunities for investors to track these significant corporate events.

The Economic Times

9 of top 10 valued firms lose Rs 3.12 lakh crore in m-cap; Reliance hardest hit

The valuation of Tata Consultancy Services (TCS) tanked Rs 47,415.04 crore to Rs 8,19,062.65 crore and that of Bajaj Finance dived Rs 27,892.28 crore to Rs 5,66,717.74 crore.

The Economic Times

L&T to set up extra-high voltage substations in Middle East

Larsen & Toubro's Power Transmission & Distribution division has won new orders in the Middle East. The company will build extra-high voltage substations. These projects will ensure reliable power supply to major areas. They will also help decongest existing power grids. The orders are for turnkey projects with strict delivery…

The Economic Times

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Fabless chip startup backed by multi-billion Indian company wants to build a $10bn fab in India before 2027

Fabless chip startup LTSCT, backed by multi-billion Indian company, wants to build a $10bn fab facility in India.

TechRadar

Conglomerate Boss Suggests Employees Log 90 Hour Weeks: 'Work On Sundays'

The chairman of Larsen & Toubro has ignited debate on social media for advocating a 90-hour work week for employees.

International Business Times

India’s private space sector boom and ISRO’s role | Explained

Along with ISRO, the Indian private space sector has expanded, attracting foreign investment, boosting start-ups, and aiming for $100 billion space economy by 2040. We explore.

The Hindu

Bharatmala project: Adani-led consortium, BJP donors, firm with BJP links get tenders in breach of norms

At least one Adani Transport-led consortium, one firm with alleged BJP links, and four companies that donated to the BJP have been awarded road construction projects under the first phase of the central government’s Bharatmala Pariyojana.

Newslaundry

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Germany, Spain in contest for $4.8 billion Indian submarine deal

NEW DELHI: Two European defense manufacturing giants are seeking to win a 400 billion rupee ($4.8 billion) order to build submarines in India as the South Asian nation looks to strengthen its navy to counter China’s expanding naval presence in the Indo-Pacific region.

The Times of India

L&T, Nevantia join hands to bide for Indian Navy’s mega submarine acquisition programme

Larsen & Toubro and Spanish defence major Navantia on July 10 inked a ‘teaming agreement’ to jointly bid for the Indian Navy’s ₹43,000-crore contract for the procurement of six stealth submarines.

The Hindu

Larsen & Toubro Q4 profit rises 10% to Rs 3,987 crore

NEW DELHI: Engineering and construction giant Larsen Toubro (LT) on Wednesday reported a 10 per cent rise in its consolidated net profit to Rs 3,987 crore for the quarter ended in March 2023, helped by higher revenues.

The Times of India

Chennai metro work on IT corridor to begin soon

CHENNAI: Metro train ride to the IT hub on Old Mahabalipuram Road may become a reality in about three years as construction of a 10km elevated corridor between Nehru Nagar and Sholinganallur is likely to begin soon. Chennai Metro Rail Limited (CMRL) recently awarded the contract to Larsen Toubro to…

The Times of India

L&T net profit rises 10% to Rs 3,621 crore in Q4

MUMBAI: Larsen Toubro on Thursday reported a 10 per cent growth in its consolidated net profit at Rs 3,620.69 crore for the quarter ended March, 2022.

The Times of India

LTI on merger with Mindtree: Can't comment on speculation, remain focused on 'fast growing business'

MUMBAI: The management of Larsen Toubro Infotech (LTI) on Tuesday declined to comment on the "speculated" merger with group company Mindtree, maintaining that it remains focused on its own business for now.

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