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Veteran industrialist AM Naik formally steps down as Non-Executive Chairman of Larsen & Toubro (L&T), passing on the reins of the $23 billion conglomerate to S N Subrahmanyan. Naik, 81, will focus on IT companies and philanthropic initiatives, leaving behind a legacy of six decades at L&T.
Read More »“AM Naik Retires from L&T’s Helm, S N Subrahmanyan Takes Charge Amid Philanthropic Legacy”
