Non-Executive chairman A M Naik will step down after the company’s 28th annual general meeting. S N Subrahmanyan, currently serving as the non-executive vice-chairman, is set to succeed him.
A M Naik, the non-executive chairman of L&T, earned ₹194 million ($2.7 million) last year after encashing all his accumulated leaves. His total payout, which included a base salary of ₹27.3 ...
MUMBAI: In 1993, Anil Manibhai Naik decided Larsen & Toubro should add an EPC vertical to its core offering. Within four years, the company had qualified for seven of the 12 clean fuel tenders it ...
SANGUEM: Rakhi Prabhudesai Naik, wife of Journalist Amit Naik has alleged that Sanguem Police visited her house at 1.20am.
It is to be noted however that their former CMD and the current group chairman AM Naik ’s salary barely changed during the year. This is in spite of the fact that he took a 24% salary cut during ...