Larsen & Toubro Infotech

L&T Infotech
Subsidiary
Industry IT services and IT consulting[1]
Founded 1997
Headquarters Mumbai, Maharashtra, India
Key people
 Sanjay Jalona (CEO & MD)
Services Digital & Automation Solutions, IT service management, IT consulting
Revenue US$ 887 million (2016)[2][3]
Number of employees
 19,751 (September 2016)[4]
Parent Larsen & Toubro
Website lntinfotech.com

Larsen & Toubro Infotech, a subsidiary of Larsen & Toubro,[5] is a global IT solutions & services company based in Mumbai, India.[6] L&T Infotech is ranked number 6 [7] in India IT companies in 2013–2014. The company has 39 registered offices in 23 countries.[6] It employs standards of the Software Engineering Institute's (SEI) Capability Maturity Model Integration (CMMI) and is a Maturity Level 5 assessed organisation.[8] Sanjay Jalona is the new MD & CEO of L&T Infotech[9]

History

Originally founded as L&T Information Technology Ltd (Read as L&T-IT), a completely owned subsidiary of Larsen & Toubro Ltd (L&T).[5] The company changed its name to L&T Infotech on 1 July 2001.In December 2006, L&T Infotech acquired GDA Technologies (a privately held electronic design firm based in California, United States) and all of its design centres in India and USA. Sanjay Jalona[10] is the CEO & Managing Director at L&T Infotech.

Acquisitions

Location of Offices

L&T Infotech in Chennai

L&T Infotech has its presence across the following regions:[6]

Subsidiaries

Controversy

On 30 May 2016 a massive hunger strike took place in Chennai's IT Corridor on unethical practices of L&T infotech Management to revoke offer letter of 1500+ recruits after waiting for a brief period of 18 months.[15][16][17][18] On 31 May representatives from knowledge professional forum and affected recruit along with Rajya Sabha MP T. K. Rangarajan meet Tamil Nadu IT minister Dr. Manigandan gave a grievance letter on this issue.[19] On July 11,Over 30 students along with Knowledge professional forum conducted a token protest against unethical L&T Infotech management in front of Chennai l&t infotech office with powerful slogans 'Boycott L&T Infotech IPO',' We want justice', 'Anti development is L&T Infotech' and 'Anti-National is L&T Infotech'.[20]

See also

References

  1. ↑ "Larsen & Toubro Infotech Limited: Private Company Information - BusinessWeek". Investing.businessweek.com. Retrieved 11 July 2012.
  2. ↑ "Sudip Banerjee, CEO, L&T Infotech". Retrieved 11 July 2012.
  3. ↑ "Now, L&T jumps into Hexaware race to reboot Infotech". Business Standard India. Retrieved 11 July 2012.
  4. ↑ "Earnings Release & Fact Sheet Second Quarter, Fiscal 2017" (PDF). www.lntinfotech.com. Retrieved 19 July 2016.
  5. 1 2 "Sanjay Jalona CEO & MD of L&T Infotech". www.lntinfotech.com. L&T Infotech. Retrieved 2016. Check date values in: |access-date= (help)
  6. 1 2 3 "L&T Infotech Locations". L&T Infotech. Retrieved 6 April 2015.
  7. ↑ "Nasscom Industry Ranking". NASSCOMM. Retrieved 9 July 2012.
  8. ↑ "expresscomputeronline". 1 April 2002. Retrieved 25 November 2012.
  9. ↑ "L&T Subsidiaries". L&T. L&T. Retrieved 9 July 2012.
  10. ↑ Jalona, Sanjay. "Sanjay Jalona - CEO & MD". CEO & MD at L&T Infotech. Retrieved 11 February 2016 – via times of india.
  11. ↑ Bs Reporter (14 December 2006). "L&T Infotech acquires US-based GDA Tech". Retrieved 6 August 2015.
  12. ↑ Shivani Shinde (1 February 2011). "L&T Infotech acquires Citigroup's Canadian IT unit". Retrieved 6 August 2015.
  13. ↑ BS Reporter (28 October 2014). "L&T Infotech completes acquisition of ISRC". Retrieved 6 August 2015.
  14. ↑ "Global Footprint | L&T Infotech". www.lntinfotech.com. Retrieved 11 February 2016.
  15. ↑ "Business Line".
  16. ↑ "Business standard". 31 May 2016.
  17. ↑ "Times Of India". 30 May 2016.
  18. ↑ "Financial Express".
  19. ↑ "New Indian Express".
  20. ↑ "NewIndianExpress".

External links

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