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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 ...
L&T – John Deere (India) – joint venture, bought out by Deere & Company; Labourier (France) Lamborghini (Italy) — tractors were the original product of the current Lamborghini supercar company; Landhope (Japan) – by Iseki; Landleader (Japan) – by Iseki; LandTrac (USA) – by Long
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).
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as stock that is only traded privately, such as shares of private companies that are sold to investors ...
KoBold Metals, the AI-driven mining startup backed by Bill Gates and Jeff Bezos, has secured $537 million in its Series C funding round. The latest funding round gives the Berkeley-based company a ...
The idea of L&T was conceived during a holiday in Matheran, a hill station near Mumbai. [1] Holck-Larsen was a risk-taker while Toubro was more conservative. [ 2 ] Holck-Larsen and Toubro saw opportunities in India at a time when few Europeans had realised the country's potential for industrial growth.
The main contractor is L&T Defence, while the ships will be built in the facilities of L&T Shipbuilding. Bharat Electronics signed a ₹ 8.47 billion (US$99 million) contract with L&T in March 2024 to supply 14 types of communications and electronic warfare systems for the cadet training ships.
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.