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04.01.26 - 09:42
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Anticipate government to go for 10% capex growth in budget: L&T CFO (Times of India)
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Larsen & Toubro's CFO R Shankar Raman anticipates a 10% rise in capital expenditure for FY27, expressing confidence that ample system liquidity will support government spending without crowding out private investment. He highlighted the crucial role of infrastructure in India's developed economy goal and suggested a qualitative pricing mechanism for project bidding to ensure timely completion....
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26.08.25 - 08:03
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Alstom S.A: Alstom to supply trains, signalling solutions and maintenance for Mumbai Metro Line 4 (GlobeNewswire EN)
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26 August 2025 – Alstom, a global leader in smart and sustainable mobility, has been commissioned to supply 234 Metropolis metro cars (39 trainsets of 6 cars each) and Communications Based Train Control (CBTC) signalling system with five years of maintenance service, by Larsen & Toubro Limited, India. The total value for the supply of these products, solutions and services amounts to a few hundred million euros for Alstom. Larsen & Toubro India was recently awarded the contract by Mumbai Metro Regional Development Authority (MMRDA) to provide Integrated Systems Package for Mumbai Metro Line 4 (Green Line), which includes rolling stock, CBTC signalling and train control, telecommunication, platform screen doors, and depot machinery & plant with five years of maintenance. L&T has partnered with Alstom for the rolling stock and signalling system with five years of maintenance....
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