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As of 31 March 2022, L&T has 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 joint operations. [18]L&T – Construction Equipment Limited: having its registered office at Mumbai, India and focusing on construction equipment and mining equipment, L&T-Komatsu Limited [19] was a joint-venture of Larsen and Toubro, and Komatsu Asia Pacific Pte Limited, Singapore, a wholly owned ...
In 2006, Suneet help found L&T Infrastructure Finance Co. Ltd. (L&T Infra Finance). L&T Infra Finance is an infrastructure finance company floated by a premier Indian engineering & infra company – Larsen and Toubro Ltd. Suneet was and continues to be the Chief Executive of the organisation since inception.
Born in Chennai, Tamil Nadu S N Subrahmanyan's father, late Sri S S Narayanan was a General Manager with the Indian Railways.He studied at Vidya Mandir Senior Secondary School, Mylapore in Chennai and completed his graduation in Civil Engineering from Regional Engineering College Kurukshetra (Presently National Institute of Technology, Kurukshetra or NIT Kurukshetra), Kurukshetra University in ...
Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian-born American business executive. [2] He is currently the president of the World Bank Group. [3] He was the executive chairman of Mastercard, after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.
The central government, through various agencies, public sector banks, insurance companies, etc., held a large portion of L&T's shareholding. A succession of governments (as many as seven) held office during this period, but L&T's prestige and standing was such that none of them did anything to contravene the wishes of the board of professionals.
L&T Mutual Fund was an Indian mutual fund company that operated between 2010 and 2023. [2] The asset manager of its mutual fund schemes was L&T Investment Management Ltd, a wholly-owned subsidiary of Larsen & Toubro. [3] In November 2022, L&T Finance Holdings sold the company to HSBC for ₹ 3,484 crore ($425 million).
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