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Larsen & Toubro (L&T) is the company which will carry the expansion of Bangalore’s airport as it has won the bid of Rs 1,000 crore project. The project will begin next month and it is hopeful that expansion of passenger terminal will be completed by December 2012.
At present, terminal is operating at its full capacity so there is an immediate need for the expansion of the terminal.
India’s one of the largest conglomerates Larsen & Toubro has come out with the latest news that the company will now be split into 9 independent companies.
The chairman of this engineering and construction conglomerate, AM Naik, will be heading the plan of restructuring the 37000 crore conglomerates into 9 independent virtual companies.
The decision comes as a pleasant surprise in the stock market as the shares on the BSE rose by 1 percent, by the chairman’s decision, who is supposed to retire 21 months from now.
Larsen & Toubro informed the market today that the The Railway Business Unit of Larsen & Toubro (L&T) has bagged orders aggregating Rs. 1103 crore from various power plant developers for the construction of Merry-Go-Round Systems and construction of dedicated railway lines to link power plant sites to the main line rail network. Order Details [...]
Larsen & Toubro bags order worth 1103 crore is a post from: First Blog for Indian Financial Market
Larsen & Toubro’s informed the market that The Electrical & Gulf Projects Operating Company (E&GP OC) – a part of Larsen & Toubro’s (L&T) Construction Division – has secured a orders aggregating to Rs. 2503 crore from Transmission, Substation & Railway Construction projects in the domestic and international markets during the third quarter of 2010-11. [...]
Larsen & Toubro’s (L&T) bags orders worth 2503 crore during 3rd quarter of 2010-11 is a post from: First Blog for Indian Financial Market
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