How L&T fared in a year after S N Subrahmanyan took charge as MD & CEO

The beginning of October marked the completion of one year since engineering conglomerate Larsen & Toubro (L&T) saw its top man A M Naik step down from an executive to non-executive role. It is also a little more than a year since S N Subrahmanyan took charge as the group’s managing director and chief executive officer. In this period, there have been a handful of significant developments while a lot remains unchanged.   Officials working with the firm as well as analysts tracking the company agree there have been small changes and some noteworthy developments. “There is def.....

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