L T - Current Affairs Questions and Answers

1)   Larsen and Toubro has made the decision to sell a port in which state to Adani group on 9th November 2015?

a. Kerala
b. Karnataka
c. Andhra Pradesh
d. Tamil Nadu
Answer  Explanation 

ANSWER: Tamil Nadu

Explanation:
L&T has made the decision to sell Kattupalli Port in TN and entered into an in-principle agreement with the Adani group for the same. Sale is subject to state and central government approval. Port currently operated by L&T Shipbuiding, a subsidiary of L&T and will be sold to Adani Kattupalli Ports Private Limited, a subsidiary of Adani Ports and Special Economic Zone. Kattupalli Port is deep water port with an international container terminal. It is a deep water all weather port.


2)   Larsen and Toubro has appointed which executive as the head of its corporate initiatives w.e.f September 17 2015?

a. Hasit Joshipura
b. Hasan Joshipura
c. Ankit Joshipura
d. None of the above
Answer  Explanation 

ANSWER: Hasit Joshipura

Explanation:
USD 15 billion engineering group Larsen and Toubro has appointed former India head of GSK Pharma, H. Joshipura as the head of its corporative initiatives ahead of its strategic plan Project Lakhsya. IIM-A and L&T chairman Naik worked closely with him during the time spent in institution for selecting its director.