Lodha, Bain Capital, Ivanho Cambridge to invest in warehouses

L&T Secures Over Rs 150 Billion Offshore Order in Middle East

Larsen & Toubro (L&T) has secured an “ultra-mega” contract exceeding Rs 150 billion for its Hydrocarbon Offshore business from a leading client in the Middle East. The order was awarded to L&T Energy’s Hydrocarbon Offshore vertical and involves multiple offshore packages under a comprehensive EPCI (engineering, procurement, construction, and installation) scope.The project includes the development of offshore structures and the modernisation of existing oil and gas facilities. This order ranks among the company’s largest offshore contracts to date and further strengthens it..

Chennai to Host ‘Ungaludan Stalin’ Camps From 15 July

The Greater Chennai Corporation (GCC) will roll out the next phase of its flagship outreach initiative, ‘Ungaludan Stalin’, from 15 July. The programme aims to deliver civic and welfare services directly to residents across all 200 wards in the city.According to an official release, the first set of camps will be held in six wards—Ward 25 (Madhavaram Zone), Ward 38 (Tondiarpet Zone), Ward 76 (Thiru-Vi-Ka Nagar Zone), Ward 109 (Teynampet Zone), Ward 143 (Valasaravakkam Zone), and Ward 168 (Adyar Zone)—on the opening day. Camps will operate between 9 a.m. and 3 p.m.Personally overseen by..

Lloyds Empowers Workers With ESOPs and Open Leadership

Lloyds Metals is reshaping the norms of heavy industry by placing trust and inclusivity at the core of its organisational model. Believing that trust fosters accountability, the company operates with a flat hierarchy that empowers employees—regardless of title—to lead, make decisions, and innovate. “Titles don’t define leadership here, mindset does,” says Venkatesan R, Group CHRO.This philosophy is reflected in one of the most inclusive employee stock ownership plans in the sector. Over 2,700 employees, from executives to shopfloor workers, have been allotted ESOPs at just Rs 4 per s..