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L&T Sells Its Electrical Business To Schneider Electric
On Tuesday, the engineering major L&T sold its electrical and automation business to Schneider in an all-cash deal valued at Rs. 14,000 crore. In a statement chief executive and managing director SN Subrahmanyan said, "The divestment of E&A business is ...
L&T Stock Jumps On Bagging Order
Shares in Larsen and Toubro which was hammered to a 52-week low on Monday, saw some respite in trade after bagging a major order. The construction arm of the company won orders worth Rs. 1247 crores in the Building & Factories ...
L&T Q3 Net Up 9 per cent at Rs 866 Crore
Larsen and Toubro (L&T) on Monday reported its net profit for the third quarter ended December, 2014. The company reported 8.7 per cent rise in consolidated net profit for the third quarter at Rs 866 crore. The company's ...
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