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MoneyWorks4Me

L&T’s arm receives $10 million contract from RVNL

16 Mar 2015 Evaluate

L&T Infotech, a wholly-owned subsidiary of Larsen & Toubro (L&T), has received a contract worth $10 million to integrate the business functions of Rail Vikas Nigam (RVNL). As per the contract, the company will deploy SAP ERP solutions to integrate business operations within RVNL. The company will also deliver data centre hosting, collaboration and networking, including e-tendering, project management, finance, HR functions as well as user support and maintenance. It will integrate RVNL's 24 project implementing units (PIUs) across India, including their corporate office at New Delhi.

Larsen & Toubro (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.

Peers
Company Name CMP
Larsen & Toubro 3858.00
Kalpataru Projects 1335.50
NCC 114.55
Rail Vikas Nigam 179.80
KEC International 329.65
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