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Larsen & Toubro

L&T tightens grip on Mindtree as three top execs get board seats

TMT

20 June, 2019

L&T tightens grip on Mindtree as three top execs get board seats

Larsen & Toubro Ltd (L&T) has secured three seats on the board of Mindtree Ltd as the engineering giant presses ......

Canada pension fund OMERS invests $122 mn in CPPIB-backed L&T InvIT

Infrastructure

22 February, 2019

Canada pension fund OMERS invests $122 mn in CPPIB-backed L&T InvIT

OMERS Infrastructure Management, Inc. has acquired a 22.4% interest in the infrastructure investment trust (InvIT) of L&T Infrastructure Development Projects ......

Larsen & Toubro Infotech acquires BPM solutions provider Ruletronics

TMT

17 January, 2019

Larsen & Toubro Infotech acquires BPM solutions provider Ruletronics

Listed IT services firm Larsen & Toubro Infotech Ltd (LTI) on Thursday announced that it will acquire Ruletronics Systems, which ......

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ChrysCapital makes another partial exit from infotech firm, clocks bumper returns

TMT

03 January, 2019

ChrysCapital makes another partial exit from infotech firm, clocks bumper returns

Homegrown private equity firm ChrysCapital has made another partial exit from its over two-year investment in a mid-tier infotech services ......

Schneider-Temasek eyes L&T unit; Aditya Birla Group may sell 20% in payments bank

General

20 April, 2018

Schneider-Temasek eyes L&T unit; Aditya Birla Group may sell 20% in payments bank

A consortium of French energy management firm Schneider Electric and Singapore state investor Temasek Holdings is in talks with Larsen ......

Govt raises $643 mn via stake sale in Larsen & Toubro

Manufacturing

21 June, 2017

Govt raises $643 mn via stake sale in Larsen & Toubro

The government on Wednesday raised about Rs 4,158 crore ($643 million) by selling an about 2.6% stake in engineering giant ......

Tata boardroom war costs LIC $370 mn; should it be worried?

General

04 November, 2016

Tata boardroom war costs LIC $370 mn; should it be worried?

Since the ouster of Cyrus Mistry last month, many investors have been concerned about the value of their investments in ......

Economy round-up: Inflation slows, factory output shrinks, stocks slump

General

12 September, 2016

Economy round-up: Inflation slows, factory output shrinks, stocks slump

The week began on a pessimistic note on Monday with renewed fears of a rate hike in the US dragging ......

L&T chief Naik hints company insider to be next chairman

Manufacturing

27 May, 2016

L&T chief Naik hints company insider to be next chairman

The successor to AM Naik, group executive chairman at India’s largest engineering company Larsen & Toubro Ltd (L&T), will mostly ......