R. Shankar Raman Named President of L&T

13 May 2024 CW Team

Larsen & Toubro (L&T) has announced the elevation of R. Shankar Raman to the position of President. This strategic move underscores the company's commitment to nurturing internal talent and ensuring strong leadership at the helm.

R. Shankar Raman, who has been with L&T for over three decades, brings a wealth of experience and expertise to his new role. He has held various key positions within the organisation, demonstrating exceptional leadership qualities and contributing significantly to the company's growth and success.

In his new role as President, R. Shankar Raman will play a pivotal role in driving L&T's strategic initiatives forward. He will be responsible for overseeing crucial aspects of the company's operations and spearheading efforts to further enhance its market position and competitiveness.

R. Shankar Raman's appointment comes at a time when L&T is focusing on consolidating its leadership in the construction and infrastructure sectors. His proven track record and deep understanding of the industry make him well-suited to lead the company through its next phase of growth and expansion.

Under his leadership, L&T is expected to continue its trajectory of success, delivering value to its stakeholders and contributing to the development of infrastructure projects that are vital for the nation's progress. R. Shankar Raman's elevation to the role of President reaffirms L&T's commitment to fostering talent from within and leveraging internal capabilities to drive sustained growth and excellence.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..