R Shankar Raman, the chief financial officer and whole-time director of Larsen & Toubro (L&T), expects the budgetary allocation for infrastructure to change in July’s budget announcements. He spoke to Amritha Pillay outlining the company’s exposure to West Asia, its second-largest market, and the trends in the private capex spending. Edited excerpts.
Read moreMumbai, October 10 2023: The WET business has secured an Engineering, Procurement and Construction order from the Public Health Engineering Department, Rajasthan to construct a Water Supply Project for 648 villages of the District of Chittorgarh from the Chambal River under the Jal Jeevan Mission (Package-I)
Read moreL&T‐Chiyoda (LTC) – a joint venture of L&T and Chiyoda Corporation, Japan, engaged in hydrocarbon mid & downstream engineering, won the National Award for Excellence in Cost Management instituted by the prestigious Institute of Cost Accountants of India on August 22, 2013. LTC won the First Prize in the category ‐ 'Private Service Sector (Medium)'.
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Read moreL&T – MHI Power Boilers Private Limited (formerly known as L&T-MHPS Boilers Private Limited) is a 51:49 Joint Venture Company formed on 16th April, 2007 in India between Larsen & Toubro Limited (L&T), India and Mitsubishi Hitachi Power Systems(MHPS), Japan for engaging in the business of design, engineering, manufacturing, selling, maintenance and servicing of Supercritical Boilers and Pulverisers in India.
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