AM Naik

L&T Infotech and Mindtree officially merged in 2019, with A M Naik serving as its founder chairman.

The Series B funds raised from Naik and other investors would be used to set up a state-of-the-art integrated manufacturing facility for neurovascular devices in Karnataka

A M Naik stepped down from his non-executive chairman role for the company on 30 September. Naik announced Subrahmanyan as his successor in 2016 and has been mentoring him since

Naik will remain chairman of the L&T Employees' Trust - the largest shareholder in the company with a 14 per cent stake

'Now, all national sectors are of interest to me, for instance nuclear'

Citing a survey conducted in January, the L&T chairman said Modi's approval rating is highest at 78 per cent, which is way ahead of US President Joe Biden at 40 per cent

AMN, as he is popularly known, is credited with saving the company from corporate raiders in the 1990s including the Ambanis and the Birlas

A M Naik transformed L&T into an aggressive private sector company run by professionals, with a continuous focus on shareholder returns

The April-June 2020 quarter is likely to be one of the weakest quarters in recent times for the engineering & capital goods (ECG) companies amid the Covid-19-induced lockdown, analysts say.

Interview with executive chairman, L&T Group