Larsen& Toubro, HCC and Hyundai Engineering are among the dozen firms that have bid for Mumbai’s much-awaited four-lane coastal road project. The road, to be built across nearly 10 km, will run from Princess Street in Marine Lines to the point in Worli where the Bandra Worli sea link ends. The companies have organised themselves into eight consortia.

L&T Technology Services has taken a leaf out of General Electrics playbook to build a software platform that offers internet of things (IoT) services to its global engineering and manufacturing customers. It also expects the platform-offering service to be a differentiator with rivals as it aims for a $1 billion revenue in the next four years.

The engineering services arm of Larsen & Toubro has used assets of its parent to connect over 4,000 sensors of machines and construction equipment of diverse manufacturers, analyse the data on a software platform to predict performance and efficiency, besides the life of a machine.

Engineering major Larsen & Toubro has signed a contract with South Korea’s Hanwha Techwin (HTW) for the supply of self propelled guns for the Indian army. Larsen & Toubro and Hanwha Techwin signed a contract for execution of the 155mm/ 52 cal tracked self propelled gun program for the Indian army, the company said in a BSE filing today.

Larsen was the sole qualified bidder based on the trials and performance of the K9 VAJRA-T gun, customised by L&T with HTW as the technology partner.

Indian Oil, National Fertilizers, L&T and Godrej & Boyce are among those that have won the top National Safety Council (NSC) award — Sarva Shreshtha Suraksha Puraskar — for 2016. The NSCI Safety Awards will be presented by Labour Minister Bandaru Dattatreya tomorrow here, a labour ministry statement said. According to the statement, Indian Oil’s Digboi refinery, National Fertilizers, Panipat, and NPCIL, Kaiga Generating Station 3 and 4, Karnataka, are among the winners in the manufacturing sector.

Larsen and Toubro on Monday informed the bourses that its construction arm has bagged orders worth Rs 2,694 crores across various bussiness segments.

Its water and effluent treatment business has received engineering, procurement and construction orders worth Rs 2,227 crores. “Orders have been secured from Narmada Water Resource Supply and Kalpsar Department, Government of Gujarat for Kakrapar -Gordha -Vad Life Irrigation, Kadana – Patadungri Lift Irrigation and Sauni Yojana Link-2 Package 4 projects,” the company’s press release said.

Engineering conglomerate Larsen & Toubro’s construction arm has secured its single-biggest order worth Rs 5,250 crore from Qatar General Electricity and Water Corporation for power transmission and network expansion. “The power transmission and distribution business of L&T Construction has won its single-largest order from its esteemed customer Kahramaa, Qatar General Electricity and Water Corporation for its ongoing Qatar electricity transmission and network expansion,” the company said in a BSE filing today.

Engineering conglomerate Larsen & Toubro (L&T) on Friday paved way for S N Subrahmanyan to take charge as the group’s managing director and chief executive officer in July. Subrahmanyan joined L&T in 1984 and was inducted into the L&T board in 2011.

L&T executive chairman A M Naik is expected to continue as non-executive chairman from October, for three years.

Larsen & Toubro (L&T) said that its construction arm has recently bagged orders worth Rs 1,725 crore across two of its business segments.

In the transportation infrastructure business, the company bagged contracts worth Rs 725 crore.

Engineering major Larsen & Toubro today said it has bagged a contract worth Rs 2,903 crore from MHADA to re-develop Mumbai’s century-old BDD chawls. “The Buildings and Factories Business of L&T Construction has bagged a major design and build order worth Rs 2,903 crore to re-develop Mumbai’s century-old BDD chawls for Maharashtra Housing and Area Development Authority (MHADA),” the company said in a regulatory filing.

The scope of work comprises design and construction of 20 residential towers for rehabilitation, four high-rise towers for sale and one commercial development within a plot of 16 acres.

Engineering conglomerate Larsen & Toubro today said its construction arm has won orders worth Rs 2,490 crore. “The Building & Factories Business segment of the construction arm of L&T has won orders worth Rs 2,490 crore,” the company said in a statement. “A mega order has been bagged from a premier government organisation for the construction of hospital building, a medical institute, a nursing college, a school for paramedics, an auditorium, hostels, residential quarters along with associated works, in New Delhi,” it added.

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