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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 ...
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]
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.
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.
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.
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).
Also director at Unilever: 2017-11-11 Volkswagen Group: Herbert Diess: Chairman of the management board/CEO [119] 2018 Succeeded Matthias Müller: 2017-11-11 Walt Disney Company: Robert Iger: CEO [120] 2022 Previously led Disney Parks, Experiences and Products; previously CEO from 2005-2020 2020-03-02 Walgreens Boots Alliance: Stefano Pessina
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 ...