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In October 2015, he was designated Deputy Managing Director & President, L&T. [9] In 2017, he was promoted to the role of Chief Executive Officer and Managing Director of Larsen & Toubro (L&T) by the company's board of directors. [8] S. N. Subrahmanyan took charge as Chairman and Managing Director of L&T from 1 October 2023. [10]
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 ...
He was also on the board of L&T Infrastructure Finance Company Limited, L&T Infra Debt Fund, L&T FinCorp, L&T Infra PE. He was the managing director and chief executive of L&T Infrastructure Finance Company Ltd since its inception in 2006 till March 2014, which is now a Rs 25,000 crores (US$3.8 billion) asset base company.
A rapid rise followed. He was appointed Assistant Manager within three years and 15 days of joining – a record at L&T. [19] He was promoted as General Manager in 1986. He became Member of board of L&T Limited on 23 November 1989. In 1999, he took over as the chief executive officer and managing director.
Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...
L&T Realty's latest undertaking is Rejuve 360, another forthcoming residential venture in Mulund West, Mumbai, Maharashtra. As per LiveMint , on January 19 2018, Joshi with L&T Realty addressed the arranged development of three SBDs (secondary business districts) in, Kharbao (Bhiwandi), Nilaje (Kalyan) and Shedung (Panvel) according to the ...
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. [6] [7]
In March 2020, Mindtree announced the appointment of Dayapatra Nevatia as COO with immediate effect. He joins the company from Accenture where he was the managing director as well as the director for delivery for advanced technology centers in India. [21] In May 2022, L&T announced that Mindtree will be merged into Larsen & Toubro Infotech (LTI ...