l & t details

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Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector. Seven decades of a strong, customer-focused approach and the continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business. L&T has an international presence, with a global spread of offices. A thrust on international business has seen overseas earnings grow significantly. It continues to grow its overseas manufacturing footprint, with facilities in China and the Gulf region. The company's businesses are supported by a wide marketing and distribution network, and have established a reputation for strong customer support. L&T believes that progress must be achieved in harmony with the environment. A commitment to community welfare and environmental protection are an integral part of the corporate vision. Contact Us Registered Office & Head Office: Larsen & Toubro Limited L&T House, Ballard Estate P. O. Box: 278, Mumbai 400 001, India Website: http://www.larsentoubro.com Operating Divisions : Engineering & Construction Projects (E&C) Heavy Engineering (HED) Construction Power Electrical & Electronics (EBG) Machinery & Industrial Products (MIPD) IT & Technology Services Financial Services Railway Projects

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Page 1: l & t details

Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector. Seven decades of a strong, customer-focused approach and the continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business. L&T has an international presence, with a global spread of offices. A thrust on international business has seen overseas earnings grow significantly. It continues to grow its overseas manufacturing footprint, with facilities in China and the Gulf region. The company's businesses are supported by a wide marketing and distribution network, and have established a reputation for strong customer support. L&T believes that progress must be achieved in harmony with the environment. A commitment to community welfare and environmental protection are an integral part of the corporate vision.

 Contact Us

 Registered Office & Head Office: 

Larsen & Toubro LimitedL&T House, Ballard EstateP. O. Box: 278,Mumbai 400 001, IndiaWebsite: http://www.larsentoubro.com

Operating Divisions :

Engineering & Construction Projects (E&C)

Heavy Engineering (HED) Construction Power Electrical & Electronics (EBG) Machinery & Industrial Products (MIPD) IT & Technology Services Financial Services Railway Projects

History

The evolution of L&T into the country's largest engineering and construction organization is among the most remarkable success stories in Indian industry. L&T was founded in Bombay (Mumbai) in 1938 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro. Both of them were strongly committed to developing India's engineering capabilities to meet the demands of industry. 

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Henning Holck-Larsen

(4.7.1907 - 27.7.2003)

Soren Kristian Toubro

(27.02.1906 - 4.3.1982)

 

 Beginning with the import of machinery from Europe, L&T rapidly took on engineering and construction assignments of increasing sophistication. Today, the company sets global engineering benchmarks in terms of scale and complexity. 

Major Awards Received by L&T in 2011

Finance Minister Presents Coveted ET Company of the Year Award to Mr. A.M. NaikUnion Finance Minister, Mr. Pranab Mukherjee, presented L&T, The Economic Times 'Company of the Year Award - 2010' at a function in Mumbai attended by the elite of business

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and industry, leading political figures including Mr. Jairam Ramesh, Environment Minister, Mr. Kapil Sibal, HRD & Telecom Minister, Mr. Salman Kurshid, Corporate Affairs Minister, Mr. Prithviraj Chavan, Chief Minister of Maharashtra, and other celebrities. The award was received on behalf of L&T by Mr. A.M. Naik, Chairman & Managing Director.

L&T group has a number of subsidiaries & associates carrying out its business all over the world.

Subsidiary Companies

1. L&T Infocity Limited 2. Tractor Engineers Limited 3. L&T Finance Limited 4. Larsen & Toubro Infotech Limited 5. India Infrastructure Developers Limited 6. L&T Western India Tollbridge Limited 7. L&T Infrastructure Development Projects Limited 8. Larsen & Toubro International FZE 9. Bhilai Power Supply Company Limited 10. L&T-Sargent & Lundy Limited 11. Larsen & Toubro (Wuxi) Electric Company Limited 12. Spectrum Infotech Pvt. Limited 13. L&T Infrastructure Finance Company Limited 14. L&T Power Limited 15. Larsen & Toubro Qatar LLC 16. L&T Transportation Infrastructure Limited 17. Narmada Infrastructure Construction Enterprise Limited 18. Larsen & Toubro LLC 19. L&T Capital Company Limited 20. Larsen & Toubro Infotech,GmbH 21. Larsen & Toubro Information Technology Canada Limited 22. Hyderabad International Trade Expositions Limited 23. L&T Infocity Lanka Private Limited 24. Raykal Aluminium Company Pvt. Limited 25. L&T Tech Park Limited 26. L&T Panipat Elevated Corridor Limited 27. L&T Krishnagiri Thopur Toll Road Limited 28. L&T Western Andhra Tollways Limited 29. L&T Vadodara Bharuch Tollway Limited 30. L&T Interstate Road Corridor Limited 31. L&T Overseas Projects Nigeria Limited 32. Larsen & Toubro (Oman) LLC 33. Larsen & Toubro (East Asia) SDN.BHD 34. Larsen & Toubro Electromech LLC

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35. International Seaports (India) Private Limited 36. L&T Urban Infrastructure Limited 37. L&T Modular Fabrication Yard LLC 38. Larsen & Toubro Saudi Arabia LLC 39. Larsen & Toubro Readymix Concrete Industries LLC 40. L&T Infrastructure Development Projects Lanka (Private) Limited 41. L&T Electricals Saudi Arabia Company Limited, LLC 42. Larsen & Toubro Kuwait Construction General Contracting Company WLL43. Larsen &Toubro (Qingdao) Rubber Machinery Company Limited 44. Larsen & Toubro (Jiangsu) Valve Company Limited 45. L&T-MHI Boilers Private Limited 46. L&T Uttaranchal Hydropower Limited 47. L&T Bangalore Airport Hotel Limited 48. L&T MHI Turbine Generators Private Limited49. Offshore International FZC 50. L&T Vision Ventures Limited 51. L&T South City Projects Limited 52. GDA Technologies Inc. 53. GDA Technologies Limited 54. CSJ Infrastructure Private Limited 55. L&T-Valdel Engineering Limited 56. L&T Hitech City Limited 57. L&T Arun Excello Commercial Projects Private Limited 58. Larsen & Toubro ATCO Saudia Company LLC 59. L&T Power Development Limited 60. L&T Shipbuilding Limited 61. L&T Realty Private Limited 62. L&T Concrete Private Limited 63. L&T Strategic Management Limited 64. L&T General Insurance Company Limited 65. Qingdao Larsen & Toubro Trading Company Limited 66. TAMCO Switchgear (Malaysia) SDN. BHD 67. TAMCO Shanghai Switchgear Co. Limited 68. TAMCO Electrical Industries Australia Pty Limited 69. PT TAMCO Indonesia 70. L&T-Gulf Private Limited 71. L&T Realty FZE 72. L&T Transco Private Limited 73. L&T Arun Excello IT SEZ Private Limited 74. L&T Siruseri Property Developers Limited 75. L&T Chennai – Tada Tollway Limited 76. L&T Seawoods Private Limited 77. HI Tech Rock Products & Aggregates Limited 78. L&T Finance Holdings Limited 79. L&T Natural Resources Limited 80. L&T Port Kachchigarh Limited 81. Larsen & Toubro Heavy Engineering LLC 82. L&T Ahmedabad-Maliya Tollway Limited 83. L&T Halol-Shamlaji Tollway Limited

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84. L&T Rajkot-Vadinar Tollway Limited 85. Sutrapada SEZ Developers Limited 86. Sutrapada Shipyard Limited 87. L&T Electrical & Automation FZE 88. Kesun Iron and Steel Company Private Limited 89. PNG Tollway Private Limited 90. Peacock Investments Limited 91. Mango Investments Limited 92. Lotus Infrastructure Investments Limited 93. Chennai Vision Developers Private Limited 94. L&T Real Estate India Fund 95. L&T Asset Management Company Limited 96. L&T Plastics Machinery Limited 97. L&T Technologies Limited 98. L&T Special Steels and Heavy Forgings Private Limited 99. L&T Trustee Company Private Limited 100. Pathways FZE 101. Larsen & Toubro Infotech LLC 102. L&T Aviation Services Private Limited 103. Nabha Power Limited 104. L&T Investment Management Limited 105. L&T Mutual Fund Trustee Limited 106. L&T Samakhiali Gandhidham Tollway Private Limited 107. Larsen & Toubro Consultoria E Projecto Limited 108. L&T Devihalli Hassan Tollway Private Limited 109. L&T Howden Private Limited 110. L&T Himachal Hydropower Limited 111. L&T Arunachal Hydropower Limited 112. L&T Solar Limited 113. L&T Krishnagiri Walajahpet Tollway Private Limited 114. L&T Metro Rail (Hyderabad) Limited 115. L&T Sapura Shipping Private Limited 116. L&T Sapura Offshore Private Limited 117. L&T PowerGen Limited 118. L&T Kobelco Machinery Private Limited 119. EWAC Alloys Limited

Associate Companies

1. Audco India Limited2. L&T-Chiyoda Limited 3. L&T-Komatsu Limited 4. L&T-Ramboll Consulting Engineers Limited 5. L&T-Case Equipment Pvt. Limited 6. L&T-Crossroads Private Limited 7. Gujarat Leather Industries Limited 8. The Dhamra Port Company Limited

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9. Vizag IT Park Limited 10. NAC Infrastructure Equipment Limited 11. International Seaports (Haldia) Private Limited 12. Ennore Tank Terminals (Private ) Limited 13. TNJ Moduletech Private Limited 14. Salzer Electronics Limited 15. Feedback Ventures Private Limited 16. L&T Camp Facilities LLC 17. Larsen & Toubro Qatar & HBK Contracting LLC 18. L&T Arun Excello Realty Private Limited 19. JSK Electicals Pvt. Limited 20. Asia Alloys Precicasters Pvt. Limited 21. Rishi Consfab Private Limited 22. International Seaport Dredging Limited 23. IndIran Engineering Projects & Systems Kish (PJSC)

 Global Presence

L&T has a global presence. A thrust on international business over the years has seen overseas revenues growing steadily. The company has manufacturing facilities in India, China, Oman and Saudi Arabia.

It has a global supply network with offices in 10 locations worldwide, including Houston, London, Milan, Shanghai, Seoul.

Customers include global majors in over 30 countries.

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Board of Directors

 

"The company that we run has a strong heritage of professionalism that places the highest value on merit and integrity. In the 70th year of the existence of L&T, all the directors on our board are conscious of our responsibility in transforming the organisation to make it truly world class, to ensure its continued long term success and growth."

- A. M. Naik, Chairman & Managing Director 

A. M. Naik

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Chairman & Managing Director

View Profile

j.p.nayak

Whole-time Director & President (Machinery & Industrial Products)

View Profile

Y. M. Deosthalee

Whole-time Director & Chief Financial Officer

View Profile

K. Venkataramanan

Whole-time Director & President (Engineering & Construction Projects)

View Profile

K. V. Rangaswami

Whole-time Director & President

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(Construction)

View Profile

V. K. Magapu

Whole-time Director & President (IT, Eng. Services & Corporate Initiatives)

View Profile

M. V. Kotwal

Whole-time Director & President(Heavy Engineering)

View Profile

Ravi Uppal

Whole-time Director & President(Power)

View Profile NON-EXECUTIVE DIRECTORS

S. Rajgopal S.N. Talwar M.M. Chitale Thomas Mathew T. N. Mohan Raj Subodh Bhargava Mrs. Bhagyam Ramani A.K. Jain J.S. Bindra

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Technology In every sphere of L&T's operations, technology is the key enabler, reinforcing its leadership position, and sustaining its competitive strengths. While for some, technology is a means to an end, for L&T, technology represents endless possibilities. Engineering & Construction

In engineering and construction, L&T's technology capabilities include a strategic mix of in-house strengths and the expertise of its joint venture partners. Engineering Centres at Mumbai, Vadodara and Delhi carry out process design and simulation, analysis of computational fluid dynamics, mechanical design, failure analysis and trouble shooting.

L&T has set up an engineering and project management centre in Abu Dhabi, to undertake oil and gas related projects as well as engineering and consultancy services.

An engineering centre in Sharjah is an extended arm in the Gulf. This is supplemented

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through collaborations with key partners: L&T-Valdel for engineering services in the upstream hydrocarbon sector, L&T-Chiyoda for the mid and down stream sectors, and L&T Sargent & Lundy for the power sector.

The engineering services provided by L&T's Engineering Design Research Centres at Chennai and Kolkatta include feasibility studies, project reports, system engineering, architectural, structural and civil design for infrastructure development projects.

L&T-Ramboll Consulting Engineers provides civil engineering and consultancy services for a wide range of projects in the transportation sector - ports, airports, highways and bridges.

Manufacturing

L&T's design & engineering capabilities in manufacturing enable it to set new benchmarks in terms of scale, sophistication and speed. The Company has dedicated engineering centres at the manufacturing locations. Two 'Technology Development Centres' have been set up to develop new products and manufacturing technologies. L&T also collaborates with the organisations like ISRO to bolster its capabilities in the strategic sectors of aerospace, defence and nuclear power.

L&T's Electrical & Electronics Division, is a pioneer in the design of switchgear and switchboards that are engineered for tropical conditions. It has built further on this experience, and has leveraged its R&D strengths to develop a host of new products and features.

In 2008-09, the division filed applications for over 100 patents, improving its previous years score of 101 patents. Cumulatively, L&T's Electrical & Electronics Division has applied for and secured 409 patents - a landmark for an Indian company. Patent applications cover innovations made on a variety of low voltage indigenously developed switchgear products like the air circuit breakers (ACBs) and moulded case circuit breakers (MCCBs), medical products, petroleum dispensing pumps, tooling solutions and switchboards.

Technology Services

L&T provides its global clients with the winning edge through the development of optimal solutions. L&T's e-engineering services leverage the Company's own engineering heritage and experience. The Embedded Systems unit provides technological assistance across a broad spectrum - design, maintenance, re-engineering, testing, prototyping and industrial design.  

 CareersOverview

L&T is a team of more than 29000 L&T-ites spread across multiple locations across the globe, having proven track record and professional skills, woven together with a common culture of trust & caring. L&T offers its people freedom at work, unmatched leadership & the opportunity to grow at a rapid pace. It provides them challenging, interesting & motivating assignments which brings a

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sense of professional fulfillment. The company encourages entrepreneurial skills thus, enabling and empowering employees to take appropriate risks. Employee participation is encouraged by inviting suggesions & opinions. This is coupled with competitive compensation & rewards and training through Core Development & Behaviour Development Programmes, to enable them to unleash their full potential. Today L&T is growing at a rapid pace. This growth necessitate greater investment in talent. If you have the passion to excel in your career, We at L&T provide you the right platform to translate  your imaginations to reality. We have opportunities in various disciplines viz Technology, Engineering, Finance, IT, HR, Reasearch, Sales, Marketing, Legal and many more. We invite you to be a part of this committed and professionally managed Indian multinational.

MBA Trainees

L&T offers employees more than a job – it offers them a lifetime career with challenging opportunities

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for continuous development and growth in diverse fields of business. The company has a culture that fosters positive and healthy competition between individuals and provides opportunity to learn and grow with the organisation.

For management recruits, diverse opportunities are available in HR, Finance & Accounts and Marketing. The company recognises and builds leadership by giving its recruits focused attention in terms of growth opportunities, leadership development programmes, value compensation and challenging roles and assignments.

Roles in L&T

Roles in Corporate HR & Personnel

Corporate HR & Personnel offers a combination of design and execution functions. These involve developing policies, while working closely with the top management.

The company offers the following opportunities in Corporate HR & Personnel :

Generalist Corporate HR Role

New Initiatives

Performance Management

Recruitment & Selection

SAP HR

Training & Development

Roles in OD HR

L&T’s Divisional HR functions lay a strong emphasis on execution. The employees gain a good working knowledge of current systems while working with business managers and line people.

L&T’s Divisional HR offers opportunities in the following areas :

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Training & Development

Recruitment & Selection

Compensation & Benefits

SAP HR

Performance Management

Roles in Mergers & Acquisitions

L&T Finance & Accounts offers three kinds of roles: Mergers & Acquisitions, Treasury and Risk Management. Employees can be placed in Corporate Finance & Accounts or any OD Finance & Accounts department.

L&T’s Mergers & Acquisitions functions offer multiple opportunities in project management, strategy, finance and marketing, helping employees develop interpersonal and leadership skills. It involves the following functions :

Support the strategic objectives of the company and different operating divisions by executing mergers and acquisitions, divestitures and other strategic transactions, both in the domestic and international markets. 

Conduct research and analysis on potential M&A deals in the industry

Actively participating in all phases of execution including:

Target identification

Business, industry and strategic analysis

Financial analysis and valuation

Transaction structuring Negotiations

Maintain a project management role throughout the transaction execution process.

Work closely with different parties, including Strategic Business Unit and Operating Division personnel, internal functional experts from legal, finance and tax areas, external advisors including investment banks, law firms etc.

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Roles in Treasury

The Treasury function is gaining importance in global business scenario. As L&T is expanding its international operations, it places a strong emphasis on central management of funds and risks.

L&T’s Treasury offers opportunities in system implementation and upgradation, cash management, trade finance, bid support, coordination with L&T’s Operating Divisions (ODs) and with Subsidiary & Associate (S&A) companies. It has three divisions:

Front Office

The Front Office helps the employee to gain an understanding of the financial markets in India and abroad, learn about financial products and develop deal execution and negotiation skills.

The Front Office has the following desks: 

Investments - Dealing in G-Secs, Mutual funds, etc

Borrowing - Raising short term and long term fund, in different currencies

Forex - Dealing in foreign currencies (USD, Euro, GBP, etc.)

Derivatives - Dealing in swaps, options, etc. on currencies and interest rates

Commodities - Dealing in metals, oil, etc. through futures, options, etc

Mid Office

The Mid Office carries out the compliance function. It generates reports from SAP on limit utilisation, MTM and other matters of relevance to top management.

Back Office

The Back Office carries out settlement of transactions, documentation, accounting, reconciliation, etc. The entire processing is integrated through SAP and enhances employee’s organising and analysing skills.

Coordination with OD and S&A companies involves developing relationships with people

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Roles in Risk Management

A Role in Risk Management would involve following activities :  

Corporate Risk Management

is evolving and involves a great deal of interaction between consultants, industry forums and subject experts. Employees are required to leverage and build upon this network.

It involves the following opportunities :

Risk Profiling

This is a process where risk elements are identified in the business processes of the organisation. Risk profiling function entails statistical analysis of data from ERP and identification of areas in operations where variability is high. It also involves capturing nuances which do not manifest themselves in the data, through structured interviews with concerned business managers. Risk profiling once done for a business vertical, are updated at regular intervals.

Policy Articulation

Juxtaposing risk elements with business objectives creates the need to have policies to serve as guidelines for adopting risk levels in business. A well-articulated policy is instrumental in communicating the Risk Tolerance Level of the organisation to all process owners. L&T is currently documenting this policy.

Risk Analytics helps the

Risk officer to keep a tab on the Risk profile of the organisation, and Process owners to do a quick 'what if' analysis and take business decisions

Management Information System (MIS)

MIS constitutes an integral part of Risk Management. It presents the Risk report to the Management and the Board in easy-to-understand structure. A well-designed and timely MIS helps

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the organisation to meet both governance and compliance requirements.

Knowledge Management

L&T continuously identifies areas for improvement. Information related to the same are captured, processed and modified so that the performance next time is better.

Business graduates in Risk Management function are offered the following opportunities:

Statistical Modeling

Statistical modeling skills are in focus during the Risk profiling exercise. Business scenarios are evaluated using simulation and other approaches. Employees must be conversant with contemporary tools used in simulation.

Trends in Risk Management

As part of the Risk Management Group, employees are required to track the changes in Enterprise Risk Management arena with respect to regulatory and competitive environment.

Pre-bid Risk Evaluation support

Bids for a project beyond a particular value are routed through the Risk Management team. The Risk Management group evaluates the proposals and advises the bidding team on the risk. To reduce business risk, various options are offered to the customer. This usually involves a valuation of real option.

L&T Selection process

Three-Step-Recruitment Process

There is a three-step-recruitment process for Human Resource Learning Programme [HRLP] and a two-step process for Finance Recruitment programme

Psychometric Test

For HRLP, Psychometric test is conducted. This Psychometric test is not an elimination round. The test focuses on Personal and Interpersonal Skills and Organisational Fit.

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Functional GD

On all campuses, L&T holds a one-hour Functional Group Discussion (GD) and an interview.

In the Functional GD, students are given topics related to HRM, OB [for HR], Finance and Economics [for Finance]. The focus is on assessing students for communication, depth of knowledge, application of knowledge and participation. The duration of the GD is an hour; this ensures that all students get a chance to air their views. Based on the performance in the Functional GD, students are short listed for the interview.

Interview

The interview focuses on Personal and Interpersonal Skills and Organisational Fit. The duration of the interview is 60 to 90 minutes. Offers are usually made on the spot or on the same day.

What do we look for in Management Recruits

While recruiting Management Executives, L&T assesses candidates on the following parameters:

Functional Knowledge

Application of Functional Knowledge

Personal & Interpersonal Skills

Organisational Fit