Am Naik

AM Naik stepped down as the chairman of L&T Group on Saturday. He handed over the reins of the $23 billion conglomerate to SN Subrahmanyan at an event in Mumbai.

Mr Naik was awarded the Padma Bhushan, India's 3rd highest civilian award in 2009 for his outstanding contribution to the economic growth of the country.

The Uttar Pradesh government celebrated 'UP Diwas', the state's foundation day for the first time today. In 1950, erstwhile United Provinces was rechristened Uttar Pradesh, but the story of how it got its name is less-known. Governor Ram Naik floated the proposal to mark UP Divas on the lines of Maharashtra Day so that people know the history and c...

After Mr Naik delivered his last AGM address as chairman, the audience comprising shareholders, the top management and executives at the St Andrew's College Auditorium at Bandra gave him a standing ovation.

It was in August last year, that we first got a chance to see and drive the GLC Coupe SUV and that one caught our attention. In fact, we were told by the folks at Mercedes-Benz that the GLC Coupe will come to India with one more variant. Sadly though we only get the AMG and even though I began this sentence with 'sadly', I am not the one to complai...

Head Constable Prem Sagar, 50, of the Border Security Force (BSF) spoke to his wife Gyanwati Devi on phone early on Monday morning and asked about her health and whether her blood pressure was under check. Hours later the soldier's family in a village in Uttar Pradesh's Deoria learned that he had been killed and mutilated by Pakistani soldiers. Hun...

A labour union on Thursday alleged many irregularities in the 2004-05 sale of Larsen & Toubro's cement business to Grasim.

Larsen & Toubro shares jumped over 12 per cent on Thursday, following the engineering and construction major's March quarter earnings announcement. L&T was the top Nifty50 gainer today.

Mr Naik said a recovery in private sector capital expenditure remained at least a year away, as corporations wrestling with hefty debts hold off investment even as New Delhi pumps billions of its own money into new road and rail schemes.

U.S. specialty truck maker Oshkosh Corp won a $6.75 billion contract to build 17,000 light tactical vehicles to replace the aging Humvees used by the U.S. Army and Marine Corps. The U.S Army made the announcement yesterday.

The counting of votes will begin at 8 am today for the Bengaluru civic corporation amid tight security, an official said.

Another interesting anecdote Mr Naik shared was that when in the Powai office of L&T he sits in that same room, where he was interviewed 65 years ago.

Some bankers also hoped that RBI may go for further easing in key policy rates during its scheduled policy review on April 7.

Unusual requests for cars are usual in the UAE. If you've been to that part of the world, you'll know exactly what I am talking about. Dawning silver, gold or any such outlandish colour are just part of the whole deal and hence it comes as no surprise when you see a Rolls-Royce in a striking green and gold finish.

We've had so many Batmans till date; from Adam West to Michael Keaton and Val Kilmer, from George Clooney to Christian Bale, we've seen them all. There were two more, I know, but that's not what I am talking about. The 7 Batmans meant they had to have their own car, and even though the first one didn't really have it, there was a hankering for a ca...

AM Naik stepped down as the chairman of L&T Group on Saturday. He handed over the reins of the $23 billion conglomerate to SN Subrahmanyan at an event in Mumbai.

Mr Naik was awarded the Padma Bhushan, India's 3rd highest civilian award in 2009 for his outstanding contribution to the economic growth of the country.

The Uttar Pradesh government celebrated 'UP Diwas', the state's foundation day for the first time today. In 1950, erstwhile United Provinces was rechristened Uttar Pradesh, but the story of how it got its name is less-known. Governor Ram Naik floated the proposal to mark UP Divas on the lines of Maharashtra Day so that people know the history and c...

After Mr Naik delivered his last AGM address as chairman, the audience comprising shareholders, the top management and executives at the St Andrew's College Auditorium at Bandra gave him a standing ovation.

It was in August last year, that we first got a chance to see and drive the GLC Coupe SUV and that one caught our attention. In fact, we were told by the folks at Mercedes-Benz that the GLC Coupe will come to India with one more variant. Sadly though we only get the AMG and even though I began this sentence with 'sadly', I am not the one to complai...

Head Constable Prem Sagar, 50, of the Border Security Force (BSF) spoke to his wife Gyanwati Devi on phone early on Monday morning and asked about her health and whether her blood pressure was under check. Hours later the soldier's family in a village in Uttar Pradesh's Deoria learned that he had been killed and mutilated by Pakistani soldiers. Hun...

A labour union on Thursday alleged many irregularities in the 2004-05 sale of Larsen & Toubro's cement business to Grasim.

Larsen & Toubro shares jumped over 12 per cent on Thursday, following the engineering and construction major's March quarter earnings announcement. L&T was the top Nifty50 gainer today.

Mr Naik said a recovery in private sector capital expenditure remained at least a year away, as corporations wrestling with hefty debts hold off investment even as New Delhi pumps billions of its own money into new road and rail schemes.

U.S. specialty truck maker Oshkosh Corp won a $6.75 billion contract to build 17,000 light tactical vehicles to replace the aging Humvees used by the U.S. Army and Marine Corps. The U.S Army made the announcement yesterday.

The counting of votes will begin at 8 am today for the Bengaluru civic corporation amid tight security, an official said.

Another interesting anecdote Mr Naik shared was that when in the Powai office of L&T he sits in that same room, where he was interviewed 65 years ago.

Some bankers also hoped that RBI may go for further easing in key policy rates during its scheduled policy review on April 7.

Unusual requests for cars are usual in the UAE. If you've been to that part of the world, you'll know exactly what I am talking about. Dawning silver, gold or any such outlandish colour are just part of the whole deal and hence it comes as no surprise when you see a Rolls-Royce in a striking green and gold finish.

We've had so many Batmans till date; from Adam West to Michael Keaton and Val Kilmer, from George Clooney to Christian Bale, we've seen them all. There were two more, I know, but that's not what I am talking about. The 7 Batmans meant they had to have their own car, and even though the first one didn't really have it, there was a hankering for a ca...