Larsen & Toubro

Intro and history: Larsen & Toubro Limited, commonly known as L&T, is an Indian multinational conglomerate, with business interests in engineering, construction, manufacturing goods, information technology, and financial services. Founded in 1938 by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro, the company has its headquarters in Mumbai, India. Over the years, L&T has earned a reputation for its technological capabilities, high-quality products, and strong customer focus. Industry: Engineering, Construction, Manufacturing, Information Technology, Financial Services Product, Services and Operations: L&T provides technology, engineering, construction, manufacturing, and financial services. Its operations extend to over 30 countries worldwide. The company's major products and services include a wide range of construction and engineering solutions, IT services, financial services, and manufacturing of industrial equipment and systems. Funding Details: Being a publicly traded company, L&T's funding comes from its shareholders. As of 2020, its market capitalization is approximately $30 billion. Acquisitions: L&T has made several notable acquisitions, including the takeover of Mindtree in 2019. It has also formed strategic partnerships with various global companies to expand its business operations. Awards and Achievements: L&T has received numerous awards and recognitions for its contributions to various sectors. These include the 'Golden Peacock Award' for Corporate Social Responsibility, 'Dun & Bradstreet Corporate Awards', and 'Construction World Man of the Year' among others.