Larsen & Toubro
Indian multinational conglomerate company
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| 2025 | Scheduled to launch the first privately built variant of the Polar Satellite Launch Vehicle (PSLV-XL N1) in a consortium with Hindustan Aeronautics Limited. |
| January 2025 | Subrahmanyan's controversial New Year address video goes viral, in which he suggests employees should work on Sundays and defends a 90-hour workweek, sparking widespread criticism on social media. |
| 2024 | A suicide of an Indian Chartered Accountant and a heart attack death attributed to work pressure occurred, highlighting workplace stress issues. |
| 2024 | Subrahmanyan receives an annual remuneration of ₹510,000,000 (approximately $6,000,000), which becomes a point of controversy when compared to the median employee salary of ₹955,000. |
| September 9 2024 | Larsen & Toubro signed a collaborative agreement with Nibe Space, Skyroot Aerospace, Centum Electronics, AgniKul Cosmos, SpaceFields, Sisir Radar, and CYRAN AI Solutions to launch India's first constellation of multi-sensor, all-weather, high-revisit Earth observation satellites. |
| October 1 2023 | S N Subrahmanyan took charge as Chairman and Managing Director of L&T, marking a significant leadership transition in the company's management. |
| 2022 | L&T ranked 2nd in Top 25 EPC Contractors in the Middle East List by Oil & Gas Middle East |
| December 2022 | Larsen & Toubro signed an agreement to divest its stake in L&T Infrastructure Development Projects Limited (L&T IDPL) to a portfolio company of Infrastructure Yield Plus II, an infrastructure fund managed by Edelweiss Alternatives. The transaction is pending completion of regulatory approvals. |
| November 26 2022 | L&T Mutual Fund was sold to HSBC, marking a significant divestment by the L&T Group from the mutual fund business. |
| March 31 2022 | Larsen & Toubro reported having 45,615 permanent employees, including 2,997 women and 48 employees with disabilities, along with 200,062 contract workers. |
| 2021 | L&T ranked 4th in the LinkedIn Top Companies list for India |
| 2021 | L&T won the Innovation in Onboarding at the OLX People HR Excellence awards by The Economic Times HRWorld |
| 2020 | L&T Hydrocarbon won the Federation of Indian Petroleum Industry (FIPI) 'Engineering Procurement Construction (EPC) - Company of the Year' Award |
| August 31 2020 | Completed the divestment of electrical and automation business to Schneider Electric after receiving the necessary regulatory approvals. |
| June 2019 | Acquired a controlling stake in IT services company Mindtree. |
| 2018 | L&T ranked No.22 among World's Best Employers and No.1 in India by Forbes |
| May 2018 | L&T signed a definitive agreement with Schneider Electric for the strategic divestment of its electrical and automation (E&A) business in an all-cash deal worth ₹14,000 crore. |
| 2017 | L&T MBDA Missile Systems was founded as a joint venture between L&T (51% ownership) and MBDA (49% ownership) to produce and supply missiles to the Indian Armed Forces. |
| 2015 | Began developing commercial, retail, and office space around the Hyderabad Metro Rail project. |
| April 2014 | L&T Finance partnered with Sonalika Group's International Tractors Ltd to provide credit and financing to customers in India. |
| 2013 | L&T Power received the 'Golden Peacock National Quality Award – 2012' at the 23rd World Congress on 'Leadership & Quality of Governance' |
| April 2013 | L&T bought the 50% stake held by Komatsu Asia & Pacific and changed the company name to L&T Construction Equipment Limited. |
This contents of the box above is based on material from the Wikipedia article Larsen & Toubro, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.