Aug 04
Recognition for Realty Boss
Recognition for Realty Boss
L&T Realty CEO & MD Mr Shrikant Joshi has been conferred the coveted Times Real Estate Award, which recognises and celebrates the achievements of real estate industry leaders in Maharashtra.
Mr Joshi has been honoured for his exemplary contribution to the real estate industry. Recognised as an industry thought leader and champion of best practices, he has over the years positively impacted the real estate industry through his vision and views.
Maharashtra’s Education and Marathi Language Minister Mr Deepak Vasant Kesarkar handed over the award to Mr Joshi at the Times Real Estate Conclave & Awards 2022-23 held on 31 May in Mumbai. The glittering ceremony was attended by the who’s who of Maharashtra’s realty industry and other dignitaries.
Under Mr Joshi’s leadership, L&T Realty touched Rs 1,315 crore revenue in FY22, and is now working towards a projected revenue growth of more than CAGR 30% by FY26. In all, L&T Realty has so far handed over 3,700 residential apartments to customers and the number is set to cross 5,000 by FY24.
Aug 04
Meeting Milestones
Meeting Milestones
Launched in March 2022, the PLANET app of L&T Finance has achieved the milestone of over 44 lakh downloads so far.  The app is enabling customers to conveniently manage their loans, and its super-easy process provides fast loan approval and promises disbursal in just 7-8 minutes with minimal documentation.
PLANET (Personalised Lending & Assisted NETworks) is one of the highest-rated finance apps on Google Play Store and Apple App Store, with a score of 4.5 and 4.3 respectively. It is available in 10 regional languages, besides English and Hindi.
The app’s popularity reflects the growing customer preference for digital transactions without manual intervention.
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The world's leading brand valuation consultancy, Brand Finance, has ranked LTIMindtree (LTIM) among Asia-Pacific’s Top 50 companies.
The company ranked sixth among the most valuable IT brands in India and featured in the top 25 list globally.
According to the Brand Finance India 100 2023 report published on 7 June, LTIM’s brand value rose a whopping 74.7% to reach USD 1.9 billion – the fastest growth recorded by an Indian IT brand in 2023.
LTIM has also been ranked among Asia-Pacific’s top 50 companies in the ‘Climate Leaders Asia-Pacific 2023’ list of The Financial Times. This is for LTIM’s significant strides in reducing its greenhouse gas emissions intensity between 2016 and 2021, relative to the company’s revenue.
The Asia-Pacific Climate Leaders survey, carried out in partnership with The Financial Times and data provider Statista, ranked LTIM 30th among the businesses from 14 Asia Pacific countries that made it to the list of top 275 performers across industry sectors.
Aug 04
Achievement & Safety Lauded
Achievement & Safety Lauded
Two coveted awards reaffirm L&T’s prowess in the oil & gas sector
The Federation of Indian Petroleum Industry (FIPI) recently conferred two prestigious awards on L&T Energy Hydrocarbon (LTEH). LTEH was named the EPC Company of the Year, while the New Water Injection South (NWIS) project that it implemented for ONGC was conferred the PMI Award in the large project category.
Union Minister of Petroleum & Natural Gas Mr Hardeep Singh Puri handed over the awards to Mr Subramanian Sarma (Whole- time Director & Sr EVP – Energy, L&T) at the FIPI Awards ceremony in New Delhi on 7 June. Mr Sarma was accompanied by Mr Parthasarathi Chatterjee (EVP & Head – Offshore, LTEH) and Mr Rajesh Gavali (Project Manager – NWIS, LTEH).
Additionally, LTEH’s Ms Sonali Parekh (Sr DGM – Design Engineering) received Special Commendation in the ‘Woman Executive of the Year in the Oil & Gas Industry’ category, while Mr Susobhan Panda (DGM – Projects) received Special Commendation in the ‘Young Achiever of the Year in the Oil & Gas Industry (Male)’ category.
The FIPI Oil & Gas Awards recognise and honour leaders, innovators and pioneers in the oil and gas industry. This is to celebrate the industry’s outstanding achievements and reward companies and individuals who consistently demonstrate an unparalleled ability to succeed and set standards of excellence.
Winning the coveted awards is a testament to the collective efforts and exceptional abilities of LTEH.
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Two British awards affirm L&T's safety focus
The very nature of the construction industry makes it a challenge to adhere to environment, health and safety norms. But treading the fine line between development  and destruction, L&T has managed to achieve distinction in this crucial area, as several prestigious awards recently won by the Company prove.
The British Safety Council’s International Safety Award 2023 was conferred upon L&T’s Water & Effluent Treatment (WET) arm for the project CP09 City Trunk Main along Eastern Route. All applicants of this award are auto-entered in five award categories, out of which the WET project won three awards:
  • Sector Award: Recognises the best applicant by industry sector. The CP09 project was recognised as the best in the ‘Local Government, Defence, and Public Services’ sector.
  • Best in Country Award: Recognises the best applicant by country.
  • India Regional Award: A special award for Indian organisations to recognise the best applicant by region.

This apart, the British Safety Council awarded the ‘Winner – Best in Country (Bangladesh)’ award to L&T Transportation Infrastructure’s Railways Strategic Business Group for the Dhaka Metro CP07 project.

The Railways Strategic Business Group also won an award from the Royal Society for the Prevention of Accidents (RoSPA), UK. It won RoSPA Gold Medal for the year 2023 for EMP16 project of Western Dedicated Freight Corridor.

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