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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 ...
A company is a legal entity formed under the Companies Ordinance, 1984. It can have share capital or can be formed without share capital. A company having share capital may be formed as: (i) A company limited by shares. (ii) A company limited by guarantee. (iii) An unlimited company. Company Limited by Shares
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
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 ...
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.
Market cap is given by the formula =, where MC is the market capitalization, N is the number of common shares outstanding, and P is the market price per common share. [ 8 ] For example, if a company has 4 million common shares outstanding and the closing price per share is $20, its market capitalization is then $80 million.
In June 2015, Oil and Natural Gas Corporation (ONGC) gave a ₹ 27bn ($427m) offshore contract for the Bassein development project to Larsen & Toubro (L&T). [ 17 ] In February 2016, the board of ONGC approved an investment of ₹ 5,050 crore in Tripura for drilling of wells and creation of surface facilities to produce 5.1 million standard ...
Tanla acquired Finland-based mobile payments company OpenBit Oy (now called Tanla Oy) in 2008. In June 2008, Tanla picked up 85% in the company, followed by an acquisition of 5% in June 2009 and the remaining 10% in April 2010. [6] [7]