Over the next four years, a total of 41 sets, valued at Rs 2,585 Crores, will be progressively inducted. It is a mechanically launched single-span, fully decked 46-meter assault bridge, enabling the Army to overcome obstacles such as canals and ditches with ease.
NTPC, Coal India, Cipla, L&T and Tata Steel were top performers, while Britannia, Eicher, HUL, HDFC Bank and Nestle were…
L&T Finance Holdings Limited, one of India's leading non-banking financial companies, today announced the conclusion of the sale of its mutual fund business to HSBC Asset Management (India) Private Limited.
The company secured orders worth Rs 41,805 crore at the group level during the quarter ended June 30, 2022
Construction engineering major Larsen and Toubro Ltd (L&T) on Tuesday said it shut the principal quarter of FY23 with a lower net in contrast with the relating time of the earlier year.
The corporate stamp was unveiled by Sharada Sampath, Chief Postmaster General, Karnataka Circle, in the presence of S.N. Subrahmanyan, CEO and MD, Larsen and Toubro, Arvind K. Garg, Executive Vice-President, Construction and Mining Machinery business, L&T, and L.K. Dash, Postmaster General, Bengaluru HQ.
The engineering and construction company did not provide the exact value of the contract, but as per its project classification, "large" orders are those valued between Rs 2,500 crore and Rs 5,000 crore.
On the broader market, the S&P MidCap and SmallCap index ended 1.6 per cent and 0.76 per cent higher respectively.
L&T takes pride on being at the forefront of creating projects and products, some of the largest, biggest, and longest in the world all made in India, it said.
The Cryostat forms the vacuum-tight container surrounding the reactor vacuum vessel and the superconducting magnets and acts essentially as a very large refrigerator.
