L&T – Newswire https://www.newswire.lk Sri Lanka's largest News aggregator Wed, 22 Feb 2023 06:25:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.6 https://www.newswire.lk/wp-content/uploads/2020/05/favicon.png L&T – Newswire https://www.newswire.lk 32 32 India’s L&T looks beyond infrastructure in turn to tech https://www.newswire.lk/2023/02/22/indias-lt-looks-beyond-infrastructure-in-turn-to-tech/ Wed, 22 Feb 2023 06:25:45 +0000 http://www.newswire.lk/?p=110660

India’s biggest construction company, Larsen & Toubro, is increasingly branching into high-tech sectors such as operating data centers and developingContinue Reading

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India’s biggest construction company, Larsen & Toubro, is increasingly branching into high-tech sectors such as operating data centers and developing software as it pushes beyond the infrastructure-building that has fueled its growth over the past few decades, the 80-year-old chairman of the group told Nikkei Asia.

Founded by Danish engineers Henning Holck-Larsen and Soren Kristian Toubro in 1938, the Mumbai-based company, commonly known as L&T, is now one of the big names in corporate India and has attracted attention from a range of international investors. 

Its current shareholders include giant asset manager BlackRock, Norway’s Norges Bank and the Indian asset management unit of Japan’s Nippon Life.

Read more:

https://asia.nikkei.com/Editor-s-Picks/Interview/India-s-L-T-looks-beyond-infrastructure-in-turn-to-tech

 

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