A Tactical Communications System is being planned by the Ministry of Defense and with this, they have decided to invite some big names in the world of technology in order to bid for this Rs 10,000 crore project. The two known companies, Larsen & Toubro (L&T) and Bharat Electronics Ltd (BEL) are the ones that […]
Vedanta Aluminum has acquired stakes in Larsen and Toubro-promoted Raykal Aluminum. The latter holds a certain bauxite mining licenses in Odisha. The stake acquired was about 24.5 per cent for Rs 200.70 crore. In time, VAL will surely acquire Raykal Aluminum for a total of Rs 1,811 crore. Vedanta Aluminium This would be subject for […]
L&T construction is among the best construction company in India which is the reason why it won some orders this year amounting to Rs 2,592 crore. This would not be quite a surprise since the company had dominated the construction industry. Amidst the competition in the market, still they are able to get some important […]
Larsen and Turbo won the project of maintaining and operating the national highway from Amravati to Jalgaon by paying Rs. 131.04 crore per annum to the government. For this project, government was foreseeing to have a lower level of premium of Rs. 5.5 crore. Larsen and Turbo LnT Logo Apart than L&T, there were 12 […]
New Delhi: India’s renowned construction company L&T bags orders worth Rs. 1,454 crore including power transmission and water and effluent treatment, in February and this month. “L&T Construction has won new orders valued … Rs 1,454 crore across various segments in February and March 2012,” the company said in a statement. In the water and […]
The cabinet Committee on Economic Affairs (CCEA) is supposed to increase the import duty on power equipment by 19% for the plants which are producing more than 1000 MW. The cabinet is to finalize their decision within next 15 days. If the proposal will be approved then, the major power manufacturers like BHEL, L&T and […]
