L&T’s Intuitive Engineer
How S.N. Subrahmanyan is quietly preparing the engineering-to-tech conglomerate to emulate Siemens’ transformation.
How S.N. Subrahmanyan is quietly preparing the engineering-to-tech conglomerate to emulate Siemens’ transformation.
How India’s largest engineering company is shedding the baggage of construction to reinvent as a tech-enabled firm.
Project involves the construction of 508 route kilometres of high-speed electrification works
S.N. Subrahmanyan is increasing the share of services — financial & IT — in order to increase the margins of the conglomerate.
Debashis Chatterjee has leveraged the strengths of both L&T Infotech and Mindtree, and led the merged entity to cash in on the technology boom.
The management believes that the current fiscal will play out pretty much like the last, which saw a sudden pick-up in investment in the second half.
The engineering conglomerate says its bid for Mindtree is far from hostile and it can help the firm grow well in the future
Emotions do play a part in any such transaction, but business is business
Larsen & Toubro recorded a 4.7% rise in March quarter profit on the back of higher revenues from infrastructure and hydrocarbon project orders.
Engineering and infrastructure major Larsen and Toubro reported a big jump in net profits powered by its development and hydrocarbon businesses. The company expects a tepid order book growth.