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...Corporate updates: India’s Larsen & Toubro Infotech, Zee Entertainment Enterprises and Asian Paints announce results....
...Corporate updates: Japan’s Oriental Land and India’s Larsen & Toubro announce their latest earnings figures, while Japan’s eight major carmakers release 2023 global production data....
...Poongsan is followed by US defence group Northrop Grumman and India’s industrial conglomerate Larsen & Toubro....
...Engineering conglomerate Larsen & Toubro says it has developed and industrialised more than 50 defence products, both in-house and in collaboration with the Defence Research and Development Organisation....
...These include Indian companies like Tata, Larsen & Toubro and the GMR Group, who have all built up significant business abroad....
...Eventually he found a buyer in Larsen & Toubro, a Mumbai technology, engineering and construction group. The sale of that stake in April last year reduced his debt load a little....
...Among its key local investments so far, CPPIB has committed US$500m into a joint venture with real estate developer Indospace, invested more than US$300m into infrastructure conglomerate Larsen & Toubro...
...The businessman finally sold his stake in Mindtree in March to industrial group Larsen & Toubro for an estimated $473m....
...& Toubro Infotech Tony Prophet Chief equality officer, Salesforce...
...No specific companies are named but those already sidelined by parts of the international community include Hanwha of Korea; General Dynamics, Lockheed Martin and Northrop Grumman of the US; Larsen & Toubro...
...India’s Larsen & Toubro has agreed to sell its electrical and automation unit to Schneider Electric for $2.1bn as the French industrial group looks to expand its presence on the sub-continent....
...Large Indian companies such as the Mahindra Group, Tata, Anil Ambani’s Reliance, Kalyani and Larsen & Toubro have all been awarded licences for defence production and could partner foreign defence technology...
...Ellaktor has a one-third stake in a $3.5bn project led by the Indian contractor Larsen & Toubro to build a metro in Doha, the capital of Qatar, which will stage the 2022 football World Cup....
...In March the government signed an agreement with engineering group Larsen & Toubro to build the first phase of the project at a cost of $370m....
...AM Naik, who heads Larsen & Toubro, an engineering and construction conglomerate, points out that owner-promoters coexist with Indian-born information technology groups, such as Wipro and Infosys; foreign...
...AM Naik, executive chairman of Larsen & Toubro, criticised Indian banks for indulging in "a hugely liberal giveaway" of loans to infrastructure and power developers over much of the past decade, resulting...
...“All the risk was on the bidder, but everyone thought this was a sunrise industry,” says AM Naik, executive chairman of Larsen & Toubro, the country’s largest infrastructure developer by sales....
...It also owns parts of valuable private sector companies, including lender Axis Bank and engineering group Larsen & Toubro, worth more than $7bn. Equally, Mr Sinha puts emphasis on “strategic sales”....
...In recent months he has also increased his exposure to industrials such as Larsen & Toubro, India’s largest engineering and construction company, and Adani Ports....
...The Canadian fund has so far focused on long-term infrastructure and property tie-ups, working in partnership with the likes of Larsen & Toubro, India’s largest engineering company by sales, and billionaire...
...A spokesperson for APG said the scheme had dumped its €20m stake in India’s Larsen & Toubro in January after the Mumbai-based conglomerate “refused” to clarify whether it was involved in the manufacturing...
...KKR is in the process of establishing an ARC with the finance arm of infrastructure company Larsen & Toubro....
...& Toubro and Mahindra — and attracted new entrants such as Anil Ambani’s Reliance Group and possibly the Hinduja Group of the UK....
...In June, CPPIB announced a $332m infrastructure investment partnership with a division of Larsen & Toubro, India’s largest engineering group by sales....
...& Toubro....
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