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CCI approves L&T's bid to take over Mindtree

TMT

05 April, 2019

CCI approves L&T's bid to take over Mindtree

The Competition Commission of India (CCI) late on Friday approved engineering conglomerate Larsen & Toubro Ltd's proposal to take over ......

L&T to offload entire stake in Kobelco Machinery to JV partner

Manufacturing

03 April, 2019

L&T to offload entire stake in Kobelco Machinery to JV partner

Engineering giant Larsen & Toubro Ltd (L&T) has decided to offload its entire 51% stake in subsidiary L&T Kobelco Machinery ......

After hostile bid, L&T turns on charm offensive to woo Mindtree

TMT

19 March, 2019

After hostile bid, L&T turns on charm offensive to woo Mindtree

A day after acquiring a 20.3% stake in software services company Mindtree Ltd, engineering and financial services conglomerate Larsen & ......

Adani to buy L&T's Kattupalli port at $284 mn valuation

Infrastructure

28 June, 2018

Adani to buy L&T's Kattupalli port at $284 mn valuation

Private port operator Adani Ports and Special Economic Zone Ltd (APSEZ) has agreed to pick up 97% stake in Marine ......

L&T inks $2.1 bn deal to sell electrical and automation biz

Manufacturing

01 May, 2018

L&T inks $2.1 bn deal to sell electrical and automation biz

Larsen & Toubro Ltd (L&T) has agreed to sell its electrical and automation business to a consortium of France-based Schneider ......

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 ......

L&T to sell welding products unit to UK's ESAB for $80 mn

Manufacturing

12 October, 2017

L&T to sell welding products unit to UK's ESAB for $80 mn

Larsen and Toubro Ltd (L&T), India’s biggest engineering company, has agreed to sell unit EWAC Alloys Ltd to the UK-based ......

Premium
Vedanta in talks to sell flagship power biz asset in large deal

Infrastructure

22 August, 2017

Vedanta in talks to sell flagship power biz asset in large deal

Billionaire Anil Agarwal-led diversified natural resources firm Vedanta Ltd is seeking buyers for its power plant in Punjab, joining several ......

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 ......

L&T names SN Subrahmanyan CEO and MD; Naik to be non-executive chairman

Infrastructure

07 April, 2017

L&T names SN Subrahmanyan CEO and MD; Naik to be non-executive chairman

Larsen & Toubro Ltd on Friday named company veteran SN Subrahmanyan its chief executive and managing director, ending the suspense ......