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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]
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 ...
Wages adjusted for inflation in the US from 1964 to 2004 Unemployment compared to wages. Wage data (e.g. median wages) for different occupations in the US can be found from the US Department of Labor Bureau of Labor Statistics, [5] broken down into subgroups (e.g. marketing managers, financial managers, etc.) [6] by state, [7] metropolitan areas, [8] and gender.
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.
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).
In July 2016, L&T Infotech went public via an initial public offering (IPO) of ₹ 1,243 crore (US$184.98 million). [ 12 ] Between 2016 and 2017, L&T Infotech had contracts with the Income Tax Department and Central Board of Direct Taxes to detect income tax evasion using profiling , data models and social media analytics .
L&T Realty's latest undertaking is Rejuve 360, another forthcoming residential venture in Mulund West, Mumbai, Maharashtra. As per LiveMint , on January 19 2018, Joshi with L&T Realty addressed the arranged development of three SBDs (secondary business districts) in, Kharbao (Bhiwandi), Nilaje (Kalyan) and Shedung (Panvel) according to the ...