A M Naik

L&T names Subrahmanyan as CEO; Naik, non-executive chairman

The appointments, approved by the board of Larsen & Toubro today, will mark a major change in leadership positions at the company where Naik has served for over 52 years, including as its head for over 17 years.

Ahead of IPO, L&T's Naik says wants to be 'number-one' in IT biz

L&T Infotech, whose public offer will open on Monday, is to double its revenue to $2 billion (nearly Rs 13,500 crore) in next three years

Ignore the markets: A year on, India Inc still firmly behind Narendra Modi

Forbes India-BMR Advisors survey of India Inc shows most feel govt is pro-development

Cost reduction, expansion top agenda for L&Ts new CEO

In a much-awaited succession plan, Larsen and Toubro appointed Venkataramanan as its new CEO and Managing Director and said its current chief A M Naik would remain Executive Chairman for the next five years

Larsen bets on govt contracts post elections

R Shankar Raman, executive VP, finance, believes that any slowdown in orders inflow and a spike in interest rates could hurt company's profitability going forward. Listen to his views on the outlook for margins and cost management at L&T.