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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 ...
The following list sorts countries by the total market capitalization of all domestic companies [clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. [1]
This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the largest three major credit rating agencies: Standard & Poor's, Fitch, and Moody's.
L&T may refer to: Larsen & Toubro, a large Indian engineering and construction conglomerate; Lemon & Te Aroha, a New Zealand soft drink; Lord & Taylor, the oldest department store chain in the United States
Larsen & Toubro, an Indian engineering conglomerate, officially known as L&T; Life Teen, a Roman Catholic organization for youth ministry; London Transport (brand), the name for various transport authorities; Lord & Taylor, a North American luxury department store chain; Lorien Trust, a company that runs live roleplaying games
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]
The idea of L&T was conceived during a holiday in Matheran, a hill station near Mumbai. [2] Holck-Larsen was a risk-taker while Toubro was more conservative. [ 3 ] Holck-Larsen and Toubro saw opportunities in India at a time when few Europeans had realised the country's potential for industrial growth.
In July 2011, Subrahmanyan was appointed as full-time Director on the L&T Board and designated as Member of the Board and Senior Executive Vice President (Construction). [7] In October 2015, he was designated Deputy Managing Director & President, L&T. [ 8 ] In 2017, he was promoted to the role of Chief Executive Officer and Managing Director by ...