'BUSINESS TODAY' Honours MR A.M. Naik With Lifetime Achievement Award

Business Today – part of the India Today group - presented our Group Chairman, Mr. A.M. Naik, its prestigious Lifetime Achievement Award at a flagship business conclave in Mumbai on January 13, 2018.

Mr. Naik received the award from the Chief Guest at the event, Mr. Jayant Sinha, Union Minister of State for Civil Aviation, witnessed by an august gathering of industry captains and international thought leaders.

Dedicating the award to L&T, where he has spent over 53 years, Naik said, "L&T's growth is part of the larger narrative of the India growth story." He credited his accomplishments to his formative years in a village in South Gujarat. "That is where I learnt the core principles which moulded my character," he said adding that his success mantra is passion, conviction, commitment and devotion.

Business Today is a well-known Indian fortnightly business magazine published by Living Media India Limited, and is in publication since 1992. The Lifetime Achievement Award is a new category instituted this year and Mr. Naik is its first recipient.

MR. K V B REDDY APPOINTED AS THE MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER OF L&T METRO RAIL (HYDERABAD) LIMITED

L&T Metro Rail (Hyderabad) Limited is pleased to announce the appointment of Mr. KVB Reddy as its new Managing Director & Chief Executive Officer. He will be reporting to Mr. S N Subrahmanyan, Chief Executive Officer & Managing Director, L&T.

Mr. Reddy holds a Bachelor’s Degree in Mechanical Engineering from Regional Engineering College (NIT) Bhopal. He started his career with NTPC, Delhi as an Engineering Executive Trainee in 1983. Prior to Joining L&T, he was the Chief Executive Officer of Essar Power Limited. He was associated with Essar for the last 22 years. He was also instrumental in setting up three gas - based combined cycle power plants at Anta, Auraiya and Kawas.

He has had a long career in the Power Sector, both in concessionaire and EPC side, he brings with him 34 years of rich experience. His areas of expertise include, Procurement, Project Coordination and Development, Operations and Maintenance, Business Development, Project Execution, EPC, Project Financing, Commercial and Business Strategy.

About L&T Metro Rail (Hyderabad) Limited:

L&T Metro Rail (Hyderabad) Limited is a subsidiary of Larsen & Toubro, an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 17 billion in revenue. It operates in over 30 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over seven decades.