ABOUT COMPANY
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.
L&T is India’s largest engineering and construction company.Considered to be the “bellwether of India’s engineering & construction sector”,L&T was recognized as the Company of the Year in Economic Times 2010 awards.
A company was founded in Mumbai in 1938 by two Danish engineers, Henning Holck-Larsen and Soren 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.
Germany’s invasion of Denmark in 1940 stopped supplies of Danish products.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.L&T also started to repair and fabrication shops signalling the expansion of the company.
The sudden internment of German engineers in British India, who were to put up a soda ash plant for the Tatas, 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. L&T decided to build a portfolio of 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.
As on 31 March 2013, the company had 54062 permanent employees, out of which 2,635 were women and 74 were employees with disabilities. During the FY 2012-13, the company incurred INR 44.36 billion for employee benefit, including salaries.
The Harvard Business Review in its January–February 2013 edition named L&T’s Executive Chairman, A.M. Naik, as the 32nd Best Performing CEO in the world.
JOB DETAILSl&t (1)
Company : L&T
No.of posts : 12000+
For Technicians : 10000+
For Freshers : 1000
For Experience : 1000
Position : Multiple positions
Job location : Across India
Qualification :
For Technicians : 10+2
For Assistant Engineers : Any Graduation
Last date to apply : 13th May 2015
Salary offered :
For Engineers Rs.4,00,000 LPA
For Technicians Rs.2,40,000 LPA
For experiences Rs.upto 7,00,000 LPA
Experience required : Fresher/Experience
Apply mode : Online
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Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India. It is the second-largest bank in India, after State Bank of India, and offers a range of banking products and financial services to corporate and retail customers through its branches and through its specialised subsidiaries and affiliates. In addition to its headquarters in its home state of Gujarat, it has a corporate headquarters in the Bandra Kurla Complex in Mumbai.Based on 2014 data, it is ranked 801 on Forbes Global 2000 list. BoB has total assets in excess of ₹ 3.58 trillion, a network of 5089 branches in India and abroad, and over 6900 ATMs. The bank was founded by the Maratha, Maharaja of Baroda,H. H. Sir Sayajirao Gaekwad III on 20 July 1908 in the Princely State of Baroda, in Gujarat. The bank, along with 13 other major commercial banks of India, was nationalised on 19 July 1969, by the Government of India and has been designated as a profit-making public sector undertaking (PSU).
