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As of 31 March 2022, L&T has 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 joint operations. [18]L&T – Construction Equipment Limited: having its registered office at Mumbai, India and focusing on construction equipment and mining equipment, L&T-Komatsu Limited [19] was a joint-venture of Larsen and Toubro, and Komatsu Asia Pacific Pte Limited, Singapore, a wholly owned ...
In its first year, the company generated $70 million in revenue. Initially, it only operated as the engineering arm of Larsen & Toubro [6] and in 2013, as a result of L&T's strategy, the parent company was split into "nine verticals and six subsidiaries", of which this was one.
The company was founded as L&T Information Technology Ltd in December 1996 as a subsidiary of Larsen & Toubro. [5] During 2001–2002, the company's name was changed from L&T Information Technology Ltd to L&T Infotech Ltd and in the same year the company achieved the assessed level of Software Engineering Institute's (SEI) Maturity Level 5.
Mindtree Limited was an Indian multinational information technology services and consulting company, headquartered in Bangalore. Mindtree was acquired by Larsen & Toubro in 2019, before being merged with L&T Infotech (LTI) in 2022 to form LTIMindtree .
The stock's 300% run since 2023 has investors thinking big about the future. ... That would mean that Palantir will generate approximately $13 billion in revenue in 2030. Using today's price-to ...
While DRDO was responsible for the overall design and development, its partners played a significant role in developing important subsystems and components. They include Tata Power SED, Larsen & Toubro, Solar Industries, Munitions India Limited and Yantra India Limited. As of August 2024, of the total Pinaka systems in service with the Army ...