L&T: HR News, Trends & Workplace Insights

Latest L&T HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on L&T.

Updated on: Jan 2021
Mindtree announces salary hike, effective January 1, 2021
Jobs

Mindtree announces salary hike, effective January 1, 2021

Mindtree announces salary hike, effective January 1, 2021 Larsen & Toubro (L&T) -owned, IT services firm, Mindtree has announced the salary hike for employees effective January 1, 2021. Mindtree had 21,827 employees at the end of the September quarter. Mindtree CEO & MD Debashis Chatterjee said, “the company completed its promotion cycle in the second quarter, and […]

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Larsen & Toubro hires dozens of ex-Cognizant executives
Survey & Report

Larsen & Toubro hires dozens of ex-Cognizant executives

Larsen & Toubro hires dozens of ex-Cognizant executives Larsen & Toubro (L&T) has employed just about a dozen senior executives from Cognizant after the latter had a management shakeup to reinvigorate the organization. The main hires apply the final 12 months’ acquisition of Mindtree, indicating that the $21 billion engineering conglomerate has giant plans to scale its […]

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L&T sells electrical & automation arm to Schneider Electric
Merger & Acquisition

L&T sells electrical & automation arm to Schneider Electric

L&T announced the completion of its electrical and automation (L&T E&A) business to Schneider Electric Larsen & Toubro (L&T) on Monday announced the completion of its electrical and automation (L&T E&A) business to Schneider Electric, a global player in energy management and automation. The sale—an all-cash deal amounting to nearly Rs 14,000 crore—was announced in […]

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L&T board members take up to 53% pay cut in FY20
Coronavirus

L&T board members take up to 53% pay cut in FY20

Several board members of engineering and construction giant Larsen & Toubro took voluntarily steep pay cuts in their salary in FY20 due to the COVID-19 Pandemic and its adverse impact on business. L&T Chairman A M Naik took a 24 percent pay cut. L&T CEO and MD SN Subrahmanyan took a pay cut of 43.91 percent L&T CFO […]

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L&T appoints a new Head- Corporate Human Resources
CHRO Move

L&T appoints a new Head- Corporate Human Resources

Dr. C. Jayakumar, Vice President & Head of Human Resources for L&T Construction has been elevated as Head- Corporate Human Resources for Larsen & Toubro, an engineering conglomerate, with global operations. His appointment as Head- Corporate Human Resources (Group CHRO) will be effective from 2nd April 2020. He takes over from Mr. Yogi Sriram pursuant […]

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