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Wednesday, July 23, 2025
TopicLarsen and Toubro

Topic: Larsen and Toubro

India’s L&T and Spanish Navantia team up to bid for Navy’s delayed mega submarine deal

Besides Spanish firm, South Korea’s Daewoo Shipbuilding and Marine Engineering Company, and Germany’s ThyssenKrupp Marine Systems are in fray for contract.

HSBC buys L&T’s investment management unit for Rs 3,200 crore

The latest push comes as HSBC looks to build up the Asian wealth and investment business that is at the forefront of the bank’s turnaround plans.

Larsen & Toubro plans to go water-neutral by 2035, carbon-neutral by 2040

L&T is in the process of developing a sustainability roadmap for the five years starting 2021-22, the company said in a report on sustainable goals.

L&T delivers last K9 Vajra howitzer to Army, firm in talks with DRDO to convert it into tank

Indian Army is internally looking at the possibility and practicality of having a light tank, which could come handy in situations similar to Ladakh stand-off.

Govt clears Rs 48,000-cr deal for 83 Tejas fighters — all you want to know about the aircraft

New aircraft comes with 4 major capability enhancements — mid-air refuelling, Active Electronically Scanned Array Radar, Electronic Warfare suite & Beyond Visual Range missile.

L&T lowest bidder for 88-km viaduct of bullet train project, set to get Rs 7289-cr contract

New Delhi: Infrastructure giant Larsen & Toubro has emerged as the lowest bidder for the design and construction of an 88-km stretch of viaduct...

Larsen & Toubro Infotech accused of bias against non-South Asians in US

Larsen & Toubro is accused of submitting fraudulent letters with visa applications to maximise the number of South Asians it hires in the US.

L&T’s $1.6 billion hostile acquisition plan faces criticism from takeover target

Software developer Mindtree said Larsen & Turbos' hostile bid was jeopardising its company's success and could have damaging consequences for the business.

Padma Vibhushan for AM Naik who fought Ambani and Birla to lead L&T’s defence strides

From indigenous nuclear submarine Arihant to K9 Vajra guns, L&T, under chairman Naik, who joined firm as junior engineer, is now betting big on defence.

India’s infrastructure could use a dose of ironclad resolve that got Statue of Unity done

Larsen & Toubro Ltd. took less than three years to erect the statue. By comparison, China needed 11 years to construct its Buddha.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.