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As of 31 March 2022, L&T has 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 joint operations. [18]L&T – Construction Equipment Limited: having its registered office at Mumbai, India and focusing on construction equipment and mining equipment, L&T-Komatsu Limited [19] was a joint-venture of Larsen and Toubro, and Komatsu Asia Pacific Pte Limited, Singapore, a wholly owned ...
Life Insurance Corporation of India (LIC) is an Indian multinational Central Public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$630 billion) as of March 2024. [ 3 ]
LIC Housing Finance Limited. LIC Housing Finance Limited ( LIC HFL) is one of the largest private mortgage and loan companies in India, with a registered corporate office in Mumbai. It is a subsidiary of LIC, mainly providing long-term financing to people who purchase or construct residential houses or flats.
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is an American software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners .
e. The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. That scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD. Techniques used by Mehta involved having corrupt officials ...
The L&T-class training vessels have a length of 122 meters and a beam of 18 meters with a displacement of around 4,700 tonnes and a design speed of over 20 knots. These vessels will have an endurance of 60 days. The ship has a range of 1,2070 km at 15 knots. The ship can accommodate 20 officers, 150 sailors, and 200 cadets.
hsbc .com. HSBC Holdings plc ( Chinese: 滙豐; acronym from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
That is to say, a letter of credit is a payment method used to discharge the legal obligations for payment from the buyer to the seller, by having a bank pay the seller directly. Thus, the seller relies on the credit risk of the bank, rather than the buyer, to receive payment.