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Larsen & Toubro Limited

Larsen & Toubro Limited

Infrastructure and engineering conglomerate

Appears in 3 stories · Last updated Nov 7, 2026

Stories

Vensum Power raises €9 million to mass-produce software-controlled power converters

Money Moves

New investor; co-led the Series A

Every time electricity changes form, from the alternating current on a grid to the direct current a server rack or battery needs, some of it escapes as heat. Vensum Power, a 20-person company in Helsinki, says its software-controlled converters hold that loss to 3–5%, against 7–10% for conventional hardware. On November 6, it raised €9 million to start building them in volume.

Updated 5 days ago

L&T wins contracts to equip Dhaka's first underground metro

Built World

Systems contractor for Dhaka Metro Lines 6 and 1

India's Larsen & Toubro has won the two contracts to equip Bangladesh's first underground metro, orders the company classes as worth ₹5,000 crore to ₹10,000 crore. L&T works with Japan's Sumitomo Corporation on track and electrical systems, and alone on signalling, telecommunications and platform screen doors for the roughly 31 km Dhaka Metro Line 1.

Updated Oct 31

India launches Demat 2.0 pilot, tokenizing corporate bonds with instant digital rupee settlement

New Capabilities

As of September 2026: Second issuer of tokenized bonds

Three Indian companies raised ₹1,025 crore in corporate bonds that exist as digital tokens on a shared ledger, with the cash leg settled instantly in the Reserve Bank of India's digital rupee. India is the first country to issue bonds natively on a distributed ledger while keeping formal ownership records with its statutory depositories.

Updated Sep 11