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Friday, November 28, 2025
TopicLarsen and Toubro

Topic: Larsen and Toubro

Boost to India-US ties: 5-yr deal signed, L&T shipyard is now repair hub for American naval ships

Master Shipyard Repair Agreement is a direct outcome of 2022 US-India 2+2 Ministerial Dialogue. USNS Salvor arrived at Kattupalli shipyard for repairs Sunday.

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.

On Camera

From ‘chokers’ to champions—how the South African cricket team has undergone a transformation

South Africa is now holding a mirror to the world. It is led by a Black African captain, powered by a diverse group of players, and has just won the WTC and a series in India while sitting atop the Test rankings.

Karnataka startups feel the chill as global funding winter sets in. Fintech emerges as sole bright spot

The state raises just $2.7 billion in first nine months of 2025 compared to $4.5 billion last year, with late-stage investments hit hardest.

Airbus & Embraer in the mix, IAF plans revamp of military transport fleet with MTA as new workhorse

Once acquired by IAF, the medium transport aircraft (MTA) will replace both AN-32s and IL-76s, it is learnt. The idea behind the revamp is to meet modern operational needs.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.