Tag «Larsen & Toubro»

L&T Bags `468 Cr Defence Order for Construction of Floating Dock

MoD contract affirms L&T’s design & build capabilities for Naval Vessels   Mumbai, June 3, 2015:  Larsen & Toubro (L&T) has been awarded a contract, valued at   `468 crore, by the Ministry of Defence for the design and construction of a floating dock for the Indian Navy (FDN).  The floating dock is expected to significantly …

Statement from L&T on India-US Nuclear Liability Deal

“We are happy to know that an agreement has been announced between the Indian & US governments on the contentious issue of Civil Nuclear Liability. Although details would need to be studied, I feel confident that, given the strong emphasis placed by our government on “Make in India”, the interests of all stakeholders,  including domestic …

L&T Inaugurates It’s New Anti-Retroviral Therapy (ART) Centre

The new facility is designed to accommodate up to 2000 HIV positive patients Mumbai, December 01, 2014: Larsen & Toubro Ltd today announced the inauguration of its new Anti-Retroviral Therapy (ART) Centre in Kol Dongri, Andheri (East), Mumbai. Mr. M V Kotwal, Whole-Time Director and President, Heavy Engineering, Larsen & Toubro inaugurated the new and …

L&T Infotech unveils GlassiC

a Google Glass® App to improve Insurance Claims Adjusters productivity and claim turnaround time   Mumbai, July 11, 2014: L&T Infotech, a global provider of information technology services and solutions, and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro (L&T), has developed an innovative App called ‘GlassiC’ using the Google Glass® technology …

L&T Opens Training Centre At Kanchipuram

Chennai, Nov 21, 2012: L&T Construction and Mining Machinery has opened an ultra-modern service and training centre for repair of construction and mining equipment at Kanchipuram, near Chennai. The centre was inaugurated on June 19 by Mr. J.P. Nayak, former member of board, Larsen & Toubro.   “The centre built with state-of-art infrastructure forms an …

Comments on market by Mr. Amar Ambani, Head of Research, IIFL – 24th May, 2013 – Mkt snaps 4-day losing streak, Nifty ends below 6K

24th May, 2013 : Mkt snaps 4-day losing streak, Nifty ends below 6K The market snapped out from its four-day losing streak on Friday shutting shop with marginal gains. However, the Nifty ended below the 6,000 mark. After Thursday’s crash, the benchmark indices opened with a positive gap following a sharp rebound in the US …

21st May, 2013 : Weak Rupee leaves Nifty cold

It was a highly-volatile market session with indices ending near the day’s low. This is the second straight day of losses for the benchmark indices. Sentiment was dampened after the rupee depreciated 30 paise against the dollar, touching a three-month low of 55.2975. Selling pressure further intensified as investors tracking weakness in the European markets …