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Chennai, Feb 20 (): Technology, engineering,construction major Larsen and Toubro has set up a museum atits facility here with a display of milestones achieved by thecompany.Larsen and Toubro opened the state-of-the-art digitallytransformed corporate museum christened HHL Centre afterLarsen and Toubro's founder Henning Holck-Larsenn.    "The revamped museum is the best example of immersivestorytelling using latest digital technology and platforms,"a company statement said on Thursday.    Commenting on the corporate museum, Larsen and Toubro CEOand managing director SN Subrahmanyan said, "The museum is amanifestation of all the key milestones the company hasachieved."    "We trust that this will go into the annals of thecorporate history of India and will become an inspirationallandmark for Chennai," he said.    The museum is spread across 12,000 square foot acrossthree floors.    "In this state-of-the-art museum, we have showcasedprojects by Larsen and Toubro across its activities, bydeploying multiple digital technologies and formats," Larsenand Toubro's chief digital officer S Anantha Sayana said.    "Digitally articulating an eight-decade history spreadacross the globe with minute details, milestones, testimonieswas a humongous task," he said.    A walkthrough of the digital, touch-enabled museum gives avisitor the capabilities of Larsen and Toubro.    Timeline presenting stories, milestones and significantevents decade-wise on a 10-foot touch interactive LED videowall was also set up, it said.  VIJNVG   NVG

Museum showcasing legacy of L&T group set up in Chennai office

New Delhi, Jan 21 () Engineering giant Larsen &amp; Toubro (L&amp;T) on Tuesday said it will raise up to Rs 1,000 crore through issuance of non-convertible debentures.
"... the Company proposes to issue Rated, Listed, Unsecured, Redeemable Non-Convertible Debentures aggregating up to Rs 1,000 crore, on private placement basis," Larsen &amp; Toubro said in a regulatory filing to the BSE.
Shares of the company closed at Rs 1,302.60 per unit, up 0.53 per cent of the previous close. NAM MR
MR

Larsen & Toubro to raise Rs 1,000 crore through NCDs

<a href="http://www.businessinsider.in/searchresult.cms?query=Larsen+%26+Toubro+">Larsen &amp; Toubro Ltd</a> reported a net profit of Rs 600 Crores for its first quarter - more than a third lesser than last year. Last year the company reported a net profit of Rs 967 Crores for the three months that ended June. 
 The company has been looking to bounce back, however, low demand for its products affected its progress. <keyword id="30335" type="ORGANIZATION" weightage="100" keywordseo="Shares">Shares</keyword> of the group closed up a mere 1%. Its stocks had risen around 20% this year. 
 
Image credit: Indiatimes

Larsen & Toubro’s Q1 profit slips 37%

New Delhi, Feb 28 () L&amp;T-built Offshore Patrol Vessel ICGS Varad has been commissioned into the Indian Coast Guard (ICG) on Friday, according to a regulatory filing. ICGS Varad was commissioned into the ICG by Minister of State for Shipping Mansukh Mandaviya at L&amp;T Kattupalli shipyard, near Chennai. ICGS Varad set a record in Indian shipbuilding industry by becoming the first major defence ship to clear all sea acceptance trials in a single sea sortie, Larsen &amp; Toubro (L&amp;T) said in a regulatory filing. The vessel is fifth in the series of seven offshore patrol vessels contracted by the Defence Ministry on the company in March 2015, it said. Commenting on the commissioning, S N Subrahmanyan, CEO &amp; MD, Larsen a Toubro, said: "I am delighted to note that ICGS Varad accomplished a rare feat of clearing all sea acceptance trials in a single sea sortie". SID DRRDRR

Offshore patrol vessel ICGS Varad commissioned: L&T

Mindtree, a <keyword id="147676" type="General" weightage="80" keywordseo="larsen" source="Orion">Larsen</keyword> &amp; Toubro Group company, is planning to set up a development centre in <keyword id="6354925" type="General" weightage="50" keywordseo="kolkata" source="Orion">Kolkata</keyword>, which could create employment opportunities for 15,000-20,000 people in the next four-five years, a company official said here on Wednesday. The IT services firm has already onboarded 1,700 people in its existing facility in the West Bengal capital so far, he said. "We have taken up 19 acres of space. Hopefully, things will start. The construction will be done by L&amp;T... the management is committed. We will set up a huge centre," Mindtree Ltd Chief Executive Officer and Managing Director <keyword id="214484" type="General" weightage="80" keywordseo="debashis-chatterjee" source="Orion">Debashis Chatterjee</keyword> said at ICT East organised by CII. The development centre can create employment opportunities for 15,000-20,000 people, he said. The IT company had in March announced the opening of its first development centre in Kolkata. Another IT company of the L&amp;T group, Larsen and Toubro Infotech (LTI) had in June also announced opening up of a new centre in the eastern metropolis. Larsen and Toubro board had in May announced a composite scheme of amalgamation of its two listed IT services firms to create a combined entity. During the event, State Information Technology minister <keyword id="6721" type="General" weightage="80" keywordseo="babul-supriyo" source="Orion">Babul Supriyo</keyword> urged the industry leaders to guide his department about "what needs to be done" to grow the information and technology sector in West Bengal. Another multinational technology firm Oracle is also weighing opportunities in the state for a data centre project that could help small and medium businesses. We are working very closely with the government towards creating a dedicated data centre for West Bengal, said <keyword id="105775" type="General" weightage="80" keywordseo="shailendra-kumar" source="Orion">Shailendra Kumar</keyword>, senior vice president, regional managing director India and NetSuite JAPAC, Oracle NetSuite Global Business Unit. The plans could take shape over the next 2-3 months, he added. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/sensex-nifty-in-the-green-as-crude-prices-soften/articleshow/94066162.cms">Sensex, Nifty in the green as crude prices soften</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/indigo-shares-fall-over-4-as-co-founder-rakesh-gangwal-offloads-2000-cr-worth-stake/articleshow/94065345.cms">IndiGo shares fall over 4% as co-founder Rakesh Gangwal offloads ₹2,000 cr worth stake</a>

Mindtree planning to set up development centre in Kolkata: CEO

New Delhi, The <keyword id="65338" type="COMPANY" weightage="20" keywordseo="Income-Tax-Department">Income Tax Department</keyword> on Monday carried out <keyword id="10539618" type="UNKNOWN" weightage="20" keywordseo="limited-verification-exercise">limited verification exercise</keyword> at the <keyword id="183089" type="PERSON" weightage="20" keywordseo="office-premises">office premises</keyword> of the <keyword id="61966" type="COMPANY" weightage="20" keywordseo="Zee-group">Zee Group</keyword> and <keyword id="90593" type="DOMAIN" weightage="20" keywordseo="Larsen-and-Toubro">Larsen and Toubro</keyword> to verify into their bogus inputs about tax credit, official said. A senior IT official said, "There are no searches or raids but we are carrying out limited verification exercise at the offices of the <keyword id="147676" type="PERSON" weightage="20" keywordseo="Larsen">Larsen</keyword> and <keyword id="304986" type="COMPANY" weightage="20" keywordseo="Toubro">Toubro</keyword> and Zee group as we had information that they had claimed bogus input tax credit." The official said that it is basically a follow up exercise and there is limited action on both the groups. "We are covering these group and the companies related to these groups on account of this bogus input taxes," the official added. The official, however, refused to share the details of the offices where the verification process is being carried out. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-beml-hcl-tech-infosys-tech-mahindra-tcs-ril-tata-motors-hero-moto-tvs-and-others/articleshow/80089765.cms">Top stocks to watch — BEML, HCL Tech, Infosys, Tech Mahindra, TCS, RIL, Tata Motors Hero Moto, TVS, and others</a> <a href="https://www.businessinsider.in/business/auto/news/checkout-upcoming-new-cars-in-year-2021/slidelist/80025993.cms">Upcoming new cars in India in 2021 of Maruti, Tata, MG, Audi</a> <a href="https://www.businessinsider.in/india/news/pongal-plus-election-dole-cash-rice-sugar-cashews-and-clothes-for-210-million-people-in-tamil-nadu/articleshow/80091546.cms">Pongal plus election dole: Cash, rice, sugar, cashews and clothes for 210 million people in Tamil Nadu</a> <a href="https://www.businessinsider.in/business/auto/news/tata-motors-stock-surge-the-early-trading-hours-today-after-the-company-reported-a-21-increase-in-total-vehicle-sales/articleshow/80092876.cms">Tata Motors’ rallies over 3% as it outshines Mahindra and Maruti in December sales</a>

L&T and Zee Group accused of filing 'bogus' tax claims — verification underway

New Delhi, Feb 5 () Engineering major Larsen &amp; Toubro (L&amp;T) on Monday announced the commissioning of a hot strip mill having capacity of three million tonnes per annum at SAIL's Rourkela steel plant in Odisha. In a regulatory filing, Larsen &amp; Toubro said that its Metallurgical &amp; Material Handling (MMH) business and Mitsubishi Corporation has commissioned the hot strip mill at SAIL Rourkela on January 31, built with the technology from Primetals Technologies and Hitachi Japan. The new hot strip mill-2 at SAIL's Rourkela steel plant rolled out its first HR coil, within two days of commencement of hot trials, the filing said. The mill will roll out carbon structural steel, high carbon steel, LPG cylinder steel, low alloy steel, auto-grade steel among others to cater to high-end market segments. "With this remarkable achievement, we have once again proved our mettle to execute large scale EPC projects across metallurgical units," L&amp;T CEO and Managing Director S N Subrahmanyan said. The HR coils produced from this mill will give a huge boost to the market share of the steel PSU, the filing said. SID DRR

SAIL commissions hot strip mill at Rourkela steel plant

New Delhi, Jan 30 () Engineering and construction major Larsen &amp; Toubro (L&amp;T) on Thursday said its construction arm has bagged a "large" order from Narmada Valley Development Authority for executing a micro-irrigation project.
 The company, however, did not provide the exact value of the contract, but according to its project classification, "large" orders are those valued between Rs 2,500 crore and Rs 5,000 crore.
 "The water and effluent treatment business of L&amp;T Construction has secured a prestigious EPC order from Narmada Valley Development Authority (NVDA), Government of Madhya Pradesh to execute the Indira Sagar-Parwati Phase III and IV Lift Micro Irrigation Project," L&amp;T said in a regulatory filing.
 This, is a repeat order from NVDA, the fiiling said and added that L&amp;T is already executing the Parwati Phase I and II and various other projects.
 This new project envisages provision of water for micro-irrigation to one lakh hectares of cultivable command area in the Sehore and Shajapur districts of Madhya Pradesh by lifting 32.04 cumec (cubic metres per second) of water from the Indira Sagar Project Reservoir, the company said.
 The order entails survey, design, procurement, construction and installing of pumping system, raising and distribution pipeline networks, electrical power transmission lines and automation system by SCADA (supervisory control and data acquisition), the filing said.
 The shares of Larsen &amp; Toubro were trading at Rs 1,358.35 a piece on BSE, down 0.52 per cent from the previous close. SID DRR

You Searched For "Larsen Toubro" and got 8 results

Museum showcasing legacy of L&T group set up in Chennai office

PTI

Larsen & Toubro to raise Rs 1,000 crore through NCDs

PTI

Larsen & Toubro’s Q1 profit slips 37%

BI India Bureau

Offshore patrol vessel ICGS Varad commissioned: L&T

PTI

Mindtree planning to set up development centre in Kolkata: CEO

PTI

L&T and Zee Group accused of filing 'bogus' tax claims — verification underway

IANS

SAIL commissions hot strip mill at Rourkela steel plant

PTI

L&T's construction arm bags 'large' order from Narmada Valley Development Authority

PTI

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