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Oct - Dec 2009 • Vol. No. 32 Issue No. 2 • - L&T Construction

Oct - Dec 2009 • Vol. No. 32 Issue No. 2 • - L&T Construction

Oct - Dec 2009 • Vol. No. 32 Issue No. 2 • - L&T Construction

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ECC Concord <strong>Oct</strong>-<strong>Dec</strong> 09 68<br />

NITIE honours Mr. A.M. Naik with<br />

Lakshya Business Visionary Award<br />

Mr. K. Venkataramanan (right) receiving the Lakshya Business Visionary Award on behalf of<br />

Mr. A.M. Naik from Dr. Narendra Jadhav in Mumbai on <strong>Oct</strong>ober 23, <strong>2009</strong><br />

In recognition of the extraordinary leadership and<br />

exemplary vision of Mr. A. M. Naik, Chairman &<br />

Managing Director, in transforming L&T into an<br />

engineering powerhouse, the Mumbai based<br />

National Institute of Industrial Engineering<br />

(NITIE), honoured him with its prestigious Lakshya<br />

Business Visionary Award.<br />

Mr. K. Venkataramanan,<br />

President (E&C Projects) and<br />

Member of the Board,<br />

received the award on<br />

behalf of Mr. Naik from<br />

Dr. Narendra Jadhav,<br />

M e m b e r , P l a n n i n g<br />

Commission, Govt. of India.<br />

Winners of the award in the<br />

past include: Mr. Ratan Tata,<br />

Mr. Rahul Bajaj, Mr. Azim<br />

Premji, Dr. V. Kurian,<br />

Mr. K.V. Kamath, and Mr.<br />

Nandan Nilekani.<br />

Mr. K. Venkataramanan<br />

received the Lakshya Business Visionary Award on<br />

behalf of Mr. Naik from Dr. Narendra Jadhav in<br />

Mumbai on <strong>Oct</strong>ober 23, <strong>2009</strong>.<br />

Set up in 1963 with the objective of fostering<br />

industrialisation in India, NITIE instituted the award<br />

to encourage and reward visionary leadership in<br />

Indian industry.<br />

L&T Bags Achievement Award from<br />

FinanceAsia ‘Best India Deal’ of <strong>2009</strong><br />

The successful $600 million QIP and Convertible Analysing the reasons for the issue’s success, the<br />

Bonds issue by L&T has been selected for an magazine’s jury lauded the astute pricing and the<br />

achievement award by FinanceAsia – the attractive packaging. The magazine said that the<br />

leading Hong Kong based publication for the “QIP received a number of orders from long-only<br />

investor and analyst community. The on-line investors who requested only equity, which enabled<br />

edition of the magazine which carried the the bookrunners to steer the allocation of shares<br />

announcement of the award, described the away from CB investors.” It was also mentioned that<br />

winning transactions as “the defining deals of the success of the L&T issue had triggered<br />

<strong>2009</strong>”. Only one transaction is selected in each immediate imitation by another corporate.<br />

country, and the L&T issue was cited as Established in 1996, FinanceAsia is Asia’s leading<br />

‘Best India Deal’. financial publishing company.

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