There is conflict of interest in the way the defence ministry is organised, chairman of India's biggest infrastructure company L&T, Anil Manibhai Naik, has written in a letter to......
A M Naik will retire from Larsen & Toubro in April as scheduled, but the chairman & managing director's 47-year stint with India's largest engineering and construction company is unlikely to get......
Larsen & Toubro on Tuesday announced that the company has won a key contract for construction of four ships valued at over Rs 440 crore (Rs 4.4 billion) from Zadeko Ship Management CV of the......
Engineering major L&T has plans to grow its defence business five fold in the next five years, according to the company's CMD A M Naik. "By 2010 our defence business will grow from the current Rs......