Naik, 81, will now be the chairman of the employees trust. He will focus on increasing many philanthropic initiatives that he has been unde...

A M Naik has chaired the annual general meeting for the last time as the head of the Larsen & Toubro (L&T) group, as he prepares to become ...

Larsen & Toubro (L&T) on Wednesday said its manufacturing facility in Hazira, Surat, has been renamed as A M Naik Heavy Engineering Complex.

In 1987, the late Dhirubhai Ambani had managed to wrest significant holding in the cash-rich L&T and then launched a hostile takeover bid i...

A M Naik said Subrahmanyan has a great work ethic and business acumen to take L&T to greater heights in the future.

"Our strategic plan involves re-allocation of resources - both talent and capital - to businesses with visible value creation potential," N...

The two separate companies for the IT and technology services together are estimated to clock a turnover of $1.5 billion this year, Naik sa...

He also said the immediate target for L&T Infotech, whose public offer will open on Monday, is to double its revenue to Rs 13,500 cr in nex...

The move has taken the academic circles by surprise given Mr Naik’s huge interest and involvement in the growth of Indian Institute of Mana...

L&T plans to sharpen its focus on international expansion and expects to more than double its overseas orders to Rs 25,000 crore this fisca...

Naik, currently Chairman and Managing Director, will get a monthly salary of Rs 22 lakh, perquisites of Rs 25 lakh a year, commission of 0....

Chairman and managing director of Larsen & Toubro A M Naik today said that slowdown in the economy has not affected the company's plans.

Infrastructure major Larsen & Toubro today inaugurated its manufacturing facility for switchgear products at Vadodara.

It's difficult to miss K Venkataramanan. At 6 ft 5 inches, KV as he is called, towers over most other employees of the defence-to-IT conglo...

Over the past year or so the compulsions of coalition politics and the Eurozone crisis has impacted India. This is a significant change.

Larsen & Toubro today said it is open to considering each and every takeover opportunity that might come its way.

L&T will witness a churn in its top management in April with current Chairman and managing director, A M Naik taking over as the Chairman e...