L&T Construction & Mining Machinery’s 75 years Marked by a Stamp Release
Department of Posts, Government of India, released a special commemorative stamp recently to mark the 75th anniversary of L&T Construction & Mining Machinery business.
The corporate stamp was unveiled by Sharada Sampath, Chief-Postmaster-General, Karnataka Circle in the presence of S N Subrahmanyan, CEO & MD, Larsen & Toubro, Arvind K Garg, Executive Vice-President, Construction & Mining Machinery Business, L&T and L K Dash, Postmaster-General, Bangalore HQ.
Addressing the gathering, Subrahmanyan said, “L&T has a legacy of pioneering critical equipment required for nation-building and is at the forefront of continuous enhancement of engineering design and manufacturing capabilities. We are delighted that our Construction and Mining Machinery Business has been fulfilling the needs of the mining and construction sectors with high quality equipment and excellent service for the last 75 years.”
He said L&T’s Construction & Mining Machinery Business had introduced the hydraulic excavator technology to India and contributed significantly towards its infrastructure development. As an engineering conglomerate, L&T has been instrumental in partnering with the nation and bringing into India cutting-edge technologies from across the world that has enabled in accelerating the growth of the nation.
The business has supplied over 60,000 units of various equipment in India during its 75 years association with the Construction and Mining Industry. These machines have been used to create landmarks of exceptional design and have significantly contributed to the growing infrastructure of the nation.
In her address, CPMG Sharada Sampath appreciated the efforts of L&T as the frontline engineering organisation committed to building India through involvement in critical projects. She congratulated the L&T senior management for its success and extended best wishes for future initiatives.
Speaking on the occasion, Arvind K Garg said, “As L&T-ites, we are honoured to have this commemorative stamp issued on our 75th anniversary and are thankful to the Department of Posts for this acknowledgment. He said L&T has been leading the way to fulfilling the mission of Atmanirbhar Bharat with manufacture and supply of road machinery such as Vibratory Compactors and Wheel Loaders which are deployed for roads and highways development. We reaffirm our commitment to develop and launch cost-effective technologies for Indian customers.”
L&T utilised its deep knowledge and experience gained since 1945 and developed its own ‘Make in India’ road machinery comprising of Vibratory Compactors and Wheel Loaders. These indigenously designed and manufactured machines are now aiding road construction and highway development and enabling L&T move towards fulfilling the national mission of ‘Aatmanirbhar Bharat’.
The commemorative stamp released on the occasion features various models of earthmoving equipment introduced by L&T in the last seven decades in the Indian market. During the event, a special cover was also released.
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
Latest Updates
