am naik

Mindtree’s new chairman am naik, who is also L&T chairman, sought to instill some confidence in a letter to Mindtree employees on Thursday, stressing on the theme of continuity. He said he has long been an admirer of Mindtree and its vibrant team.

As he turns 71 today, executive chairman of Larsen & Toubro (L&T) am naik would love to hang up his boots. The problem, though, is he can't find anybody to step into those super-sized ones.

He’s set up two charitable trusts — the Naik Charitable Trust for education and skill training and the Nirali Memorial Medical Trust, named after his grand daughter.

Giving some comfort to Bhel and L&T, the government has broadly agreed for a “level-playing” field to the domestic power equipment manufacturers against imports, mainly from China at zero or low duty.

Engineering-to-construction conglomerate Larsen & Toubro has suggested a tit-for-tat against rivals from Southeast Asian countries for restrictive trade practices by their respective governments that keep Indian firms away from contracts in the oil and gas industry.

Chairman and managing director of Larsen & Toubro (L&T) am naik called on chief minister Akhilesh Yadav at his official residence on Tuesday.

Bicholim police have arrested two persons in two separate cases for illegally transporting sand that is totally estimated to be worth Rs 60,000.

Anil Naik's management style was characterized by being tough yet respectful. Despite the conflicts in the L&T boardroom, he never lost his cool and always remained gentle with his opponents.

The chairman and managing director of infrastructure giant L&T, Anil Manibhai Naik, has been appointed as the new chairman of Indian Institute of Management, Ahmedabad (IIM-A) Society. He will also chair the institute’s board of governors.

Yogi Adityanath, the Chief Minister of Uttar Pradesh, visited Mumbai on Wednesday evening. He met with Maharashtra Governor Bhagat Singh Koshyari and other officials. The Governor presented a bust of Chhatrapati Shivaji Maharaj to Yogi. Other dignitaries present included Maharashtra Deputy CM Eknath Shinde, Former Uttar Pradesh Governor Ram naik, and Gorakhpur MP Ravi Kashan.

Mumbai, Aug 22 () After serving the largest engineering conglomerate for almost 53 years, 14 of them as the chairman, Larsen & Toubro (L&T) Group executive chairman am naik today bid farewell to the shareholders at his last annual general meeting.

Larsen & Toubro’s A M Naik (80) will step down as non-executive chairman of the company, which he had joined in 1965 as a junior engineer. He will hand over the reins to CEO & MD S N Subrahmanyan (63), who will take over as executive chairman from October 1, when Naik becomes chairman emeritus.

It’s a “challenging time” for the private sector to make investments, he said, pointing to high NPA levels. What had aggravated the situation, he indicated, was low demand for goods, which was making it difficult to repay loans, he said while speaking on the sidelines of L&T’s AGM.

Mindtree on Wednesday said L&T Group chairman A M Naik has been appointed as non-executive chairman of the IT company. The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company.

Prime Minister Narendra Modi will visit Gujarat today to inaugurate and lay the foundation stone of multiple projects worth Rs 3,050 crores. At around 10:15 am, Prime Minister will inaugurate and lay the foundation stone of multiple development initiatives during 'Gujarat Gaurav Abhiyan' in Navsari. At around 12:15 pm, he will inaugurate am naik Healthcare Complex and Nirali Multi Speciality Hospital in Navsari, as per the Prime Minister's Office.

The chairman and managing director of Larsen & Toubro (L&T) am naik called on Uttar Pradesh chief minister Akhilesh Yadav on Tuesday. During the meeting, the chief minister assured the L&T chief that the government would offer all possible assistance to investors in the state.

The Indian Insitute of Management, Ahmedabad has constituted a five-member search and selection committee headed by Board Chairman am naik to find a successor to the present director Samir Barua whose term will expire in September this year, sources in the institute said on Tuesday.