larsen Toubro

L&T SPLITS INTO FOUR ENTITIES

by: Bharat Ratna


  • Larsen &Toubro - Engineering Construction and Contract (ECC) division - is going to be split into Four Separate Companies within two years

  • The separate entities would be functioning in different areas i.e. Buildings & Factories, Infrastructure, Power Transmission & Distribution and Mineral Metal & Water.

  • These entities have already started operating as independent divisions with effect from July 1, 2008

  • Each division is contributing Rs.3000-4000 Crore this year and they grow to at least Rs 5,000 crore each after their registration.

L&T BAGS Rs.15 bn ORDER FROM APPDCL

 

  ·         Larsen & Tourbo has got order worth of Rs. 15.57 billion from Andhra Pradesh Power Development Company Limited (APPDCL).   ·         This is the first order for supercritical 800MW Steam Turbine Generator Island in the country   ·         L&T has also set up another JV with MHI, Japan, for the manufacture of Supercritical Boilers expertise in design and engineering of power plants.   

 

BEST TIME INVEST IN L&T SHARES

By: Bharat Ratna

L&T announces 1:1 bonus

Net jumps 55 p.c. to Rs. 2,173.42 cr. in 2007-08

Recommends a final dividend of Rs. 15 per share

A.M NaikA.M Naik


A. M. Naik (left), Chairman and Managing Director, and V. M. Deosthalee, Chief Financial Officer, L&T, addressing a press conference in Mumbai on Thursday

L&T bets on growth

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