Larsen & Toubro (L&T) is interested in working with the World Bank once again after the expiry of the six-month ban imposed on it by the multilateral agency after finding a company executive’s involvement in a fraud. The ban imposed by the World Bank for six months will be ending on September 6, 2013. So till September 6, 2013, L&T will be ineligible for any World Bank-funded projects, from receiving any loan proceeds made by the Bank or participating in any Bank-financed project.
L&T is the biggest legacy of two Danish Engineers, who built a world-class organization that is professionally managed and a leader in India's engineering and construction industry. It was the business of cement that brought the young Henning Holck-Larsen and S K Toubro into India.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4026.80 |
| Kalpataru Projects | 1382.95 |
| Rail Vikas Nigam | 235.00 |
| NCC | 149.50 |
| KEC International | 510.80 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: