Comapany Name: L&T
Company Profile: Larsen & Toubro Limited, also known as L&T, is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India It was founded by Danish engineers taking refuge in India, as well as an Indian financing partner. The company has business interests in engineering, construction, manufacturing goods, information technology, and financial services, and also has an office in the Middle East and other parts of Asia
Prior to Indian independence, a company was founded in 1938 Bombay (Mumbai) (British India) by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The company began as a representative of Danish manufacturers of dairy equipment. However, with the start of the Second World War in 1939 and the resulting restriction on imports, the partners started a small workshop to undertake jobs and provide service facilities.[10]
Germany's invasion of Denmark in 1940 stopped supplies of Danish products.[10] The war-time need to repair and refit ships offered L&T an opportunity, and led to the formation of a new company, Hilda Ltd, to handle these operations.[10] L&T also started to repair and fabricate ships signalling the expansion of the company.
The sudden internment of German engineers in British India (due to suspicions caused by the Second World War), who were to put up a soda ash plant for the Tata's, gave L&T a chance to enter the field of installation.
In 1944, ECC was incorporated by the partners; the company at this time was focused on construction projects (Presently, ECC is the construction division of L&T). L&T began several foreign collaborations. By 1945, the company represented British manufacturers of equipment used to manufacture products such as hydrogenated oils, biscuits, soaps and glass.
In 1945, the company signed an agreement with Caterpillar Tractor Company, USA, for marketing earth moving equipment. At the end of the war, large numbers of war-surplus Caterpillar equipment were available at attractive prices, but the finances required were beyond the capacity of the partners. This prompted them to raise additional equity capital, and on 7 February 1946, Larsen & Toubro Private Limited was incorporated
Required Educational Qualification : BE/B.Tech(Civil, Mechanical Engineering, Electrical)
Required Experience: Freshers/Experience
Website :www.larsentoubro.com
Job Type : Scholarships
Last Date to apply : April to may 2015
Job Type : Full Time
Salary: Best in Industry
Website :www.larsentoubro.com
Job Type : Scholarships
Last Date to apply : April to may 2015
Job Type : Full Time
Salary: Best in Industry
Shift: Any shift
Selection mode : Written-test
Apply mode: Online
