Lambu will join as CEO designate with immediate effect and is appointed for a five-year term, the company said in a statement ...

Larsen and Toubro (L&T) faced a setback after its bid for building six submarines was deemed non-compliant by the Defence ...

LTIMindtree , India's sixth-largest IT firm, said on Friday that former president Venugopal Lambu would return as CEO after a ...

Larsen & Toubro Ltd. 500510 shares slid 1.31% to 3,457.75 Indian rupees Friday, on what proved to be an all-around dismal ...

With L&T out of the race, Mazagon Dock Shipbuilders Limited, in collaboration with Germany’s ThyssenKrupp Marine Systems ...

The Defence Ministry rejected L&T’s proposal in partnership with Spanish Navantia because it was not compliant with Indian ...

The Mazagon-Thyssenkrupp bid to manufacture six submarines will now be opened, followed by negotiations over cost and technical requirements to finalise the contract, sources said.

The defence ministry has rejected the `70,000-crore joint bid by Larsen & Toubro (L&T) and Spain’s Navantia to build six ...

A bid by Larsen & Toubro Ltd with Spanish defence major Navantia for an Euro 5 billion deal to supply six stealth submarines to the Indian Navy has virtually come to an end with the defence ministry ...

The bid by Larsen & Toubro with Spain's Navantia for a €5 billion submarine deal for the Indian Navy ended due to non-compliance. German TKMS and Mazagon Dock are poised to win, backed by India's ...