Key Developments: Larsen & Toubro Ltd (LART.NS)

LART.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Larsen & Toubro Ltd's water and renewable energy business wins water project orders
Thursday, 21 Aug 2014 11:29pm EDT 

Larsen & Toubro Ltd:Water and renewable energy business of L&T Construction secured new orders worth 12.83 bln Indian rupee in July and August.Water supply and distribution business with joint venture partner NCC Limited has secures order worth 7.45 billion Indian rupees from Uttar Pradesh Jal Nigam for Japan International Cooperation Agency-assisted Agra water supply project.Orders from Greater Mohali Area Development Authority and Haryana State Industrial Infrastructure Development Corporation for construction of water and waste water infrastructure facilities.Turnkey order from private player for construction of 40 mld common effluent treatment plant.  Full Article

Larsen & Toubro Construction wins orders valued 18.32 bln Indian Rupee
Wednesday, 20 Aug 2014 11:56pm EDT 

Larsen & Toubro Ltd:L&T Construction has won new orders worth 1832 crores (18.32 bln Indian Rupee) from across various business segments in July and August 2014.  Full Article

Larsen & Toubro Ltd announces allotment of shares
Monday, 28 Jul 2014 07:26am EDT 

Larsen & Toubro Ltd:Allotted 522,181 shares on July 28 to who had exercised their options.The said shares will rank pari-passu with the existing shares of the company in all respects.  Full Article

Larsen & Toubro Ltd's technology services arm secures contract from AkzoNobel-Business Standard
Wednesday, 16 Jul 2014 07:44am EDT 

Larsen & Toubro Ltd:Says its technology services arm has bagged a contract from AkzoNobel to provide technical assistance and reduce capital expenditure-Business Standard.L&T Technology Services will provide engineering services for capex projects by executing non IP-sensitive engineering activities in front-end engineering design and in the detailed design phase.L&T will also provide access to a vendor network and support shortening of project lead times.  Full Article

Larsen & Toubro Ltd's subsidiary secures contract
Monday, 14 Jul 2014 06:09am EDT 

Larsen & Toubro Ltd:Says a subsidiary L&T Hydrocarbon secured a contract valued at 239.7 mln Kuwaiti Dinars from Kuwait Oil Company(KOC).It is to execute a complete engineer procure-construct contract for a Gathering Centre of KOC a subsidiary of Kuwait Petroleum Corp.  Full Article

Larsen & Toubro Ltd's L&T Construction wins orders valued at 14.59 bln Indian rupees
Thursday, 3 Jul 2014 12:21am EDT 

Larsen & Toubro Ltd:Says that L&T Construction has won new orders worth 14.59 bln Indian rupees across various business segments in June 2014.Says Building & Factories business has received orders worth 11.7 bln Indian rupees.Additional orders valued 2.86 bln Indian rupees have been received for Transportation Infrastructure Business.  Full Article

Larsen & Toubro Ltd wins orders valued at 20.02 bln Indian rupees
Wednesday, 2 Jul 2014 12:51am EDT 

Larsen & Toubro Ltd:Says that L&T Construction has won new orders worth 20.02 bln Indian rupees across various business segments in June 2014.Says heavy civil infrastructure business has received order worth 15.47 bln Indian rupees.Says power transmission business has received order worth 3.92 bln Indian rupees in both domestic and international markets.  Full Article

Cyan Holdings Plc and Larsen & Toubro consortium gets contract
Tuesday, 1 Jul 2014 02:00am EDT 

Cyan Holdings Plc:Says a consortium led by Larsen & Toubro (L&T) has been selected by Tata Power Mumbai for the deployment of Cyan's CyLec Advanced Metering Infrastructure (AMI) solution in India.L&T (consortium lead partner), Cyan and Neosilica, who in partnership will provide an integrated CyLec AMI solution to Tata.L&T will supply smart meters, with CyLec wireless technology inside, and Neosilica will provide a Meter Data Acquisition System (MDAS) interface from Cyan's Head End Server into Tata's Meter Data Management System for billing and fault management.  Full Article

Larsen & Toubro Ltd wins orders valued 24.42 bln Indian rupees in telecom segment
Tuesday, 1 Jul 2014 12:40am EDT 

Larsen & Toubro Ltd:Says that its Power Transmission & Distribution Business has secured major contract worth 24.42 bln Indian rupees from Bharat Sanchar Nigam Ltd, project implementation agency for ministry of defense.Contract is for supply, trenching, laying, installation, testing and commissioning of optical fiber cable network.  Full Article

Larsen & Toubro Ltd's L&T Technology Services forms joint venture with Thales to strengthen Avionics Business
Thursday, 26 Jun 2014 04:53am EDT 

Larsen & Toubro Ltd:L&T Technology Services, wholly-owned subsidiary of Larsen &Toubro Limited (LaT), has purchased 74 pct of equity capital of Thales Software India Pvt. Ltd.,Indian subsidiary of Thales, global technology in aerospace, transportation and defence and security markets.With this transaction, LaT Technology services will now manage and oversee management control, operations and delivery of services of the new joint venture.Joint venture brings together the strategic strengths of both the groups.By retaining 26 pct equity stake, Thales will help the company develop the latest trends in the avionics industry, one of its core businesses.This collaboration adds to L&T Technology Services' growing competencies by enhancing its expertise in high-end avionic software.  Full Article

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