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In 2000, L&T asked the government for permission to regulate users of the bridge, [19] and agreed to the subsidised toll rate of ₹ 50 per day per bus of the Tamil Nadu State Transport Corporation irrespective of the number of trips made by the bus. [5] L&T subsequently stopped collection of toll from vehicles bearing local number plates. [20]
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 ...
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L&T Mutual Fund was an Indian mutual fund company that operated between 2010 and 2023. [2] The asset manager of its mutual fund schemes was L&T Investment Management Ltd, a wholly-owned subsidiary of Larsen & Toubro. [3] In November 2022, L&T Finance Holdings sold the company to HSBC for ₹ 3,484 crore ($425 million).
This is a list of companies listed on the National Stock Exchange of India (NSE). Contents !–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z !–9 Symbol ...
L&T Technology Services (LTTS) was founded in 2006 as L&T Integrated Engineering Services. 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 ...
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.
In 2011, global PE firm Kohlberg Kravis Roberts and International Finance Corporation, an arm of the World Bank Group, invested about $100 million in the company. [9] In 2012, the company acquired GE Money Housing Finance and the home equity loan portfolio of GE Money Financial Services from GE Capital India.