L&T Valdel operationalize at chennai

L&T Valdel is going to operationalize at Chennai. Contact at anand@peoplestrong.com (919911564030)

L & T Valdel is currently looking for Functional head, Lead and Job Engineers / Designers for their Chennai based Central Engineering Centre. The openings are in the following disciplines: Structural, Process, Piping, Mechanical, Electrical and planning to be based at Chennai.

L&T-Valdel is a Global Leader in Upstream Engineering - committed to Customer Satisfaction, Total Quality and Cost-effective Solutions.
L&T-Valdel Engineering Limited (LTV) was formed in the year 2004 as a Joint Venture between Larsen & Toubro Limited (L&T), an Indian Multinational Engineering and Construction Conglomerate and Valdel Corporation Private Limited, pioneers in providing Engineering Services for Oil & Gas Industry. L&T-Valdel aims at fostering Employee Development by providing a Work Environment which is conducive to Continuous Improvement, Knowledge Sharing and Innovation.
Please visit the website at http://www.lntvaldel.com/

Global Leader in Upstream Engineering - committed to Customer Satisfaction, Total Quality and Cost-effective Solutions. Indian Multinational Engineering and Construction Conglomerate
For more details visit at http://ltvchennai.blogspot.com
This is with the reference of article published in Times of India on 16th November 2008

L&T to recruit 10,000 over next 3 years, hopes to achieve rev target

Larsen & Toubro, the country's leading engineering and construction firm, today said it will recruit about 10,000 people in the next three years across the country, primarily in their new business ventures and do not see the global financial crisis impacting its revenue target for the current fiscal.
''We will hire about 10,000 people in the next three years across the country,'' company Chairman and Managing Director A M Naik told mediapersons on the sidelines of the India Economic Summit here. The recruitment would not be capital intensive but will be driven by technology requirement in their forays into new businesses consisting of railways, power and ship building, he said.
The company is carrying out six projects in Gujarat, which alone will give employment to 7,000 people.
Out of these six projects, three are company's wholly-owned, while the rest are in joint ventures, Mr Naik said.
The CMD also said the hiring process is going on in Coimbatore and Chennai, where the company is laying down its new projects.
He, however, said the recruitment in these new verticals would compensate the slowdown in hiring people in other segments in the wake of current global meltdown.
''We have a history of not retrenching our staff in our overall business... however, we will continue with our normal practice of laying off five per cent employees annually in the info-tech business, who are at the bottom of the performing list,'' he said.
Commenting on the availability of liquidity for the company's expansion plans, Mr Naik said L&T has sufficient funds to finance its expansion plans.
He, however, said the overall industry would need liquidity for their expansions.
He expressed concern over the high rate of interest that is around 12 per cent currently and said it needs to be brought down to seven-eight per cent to make it convenient for the firms and the end users.
Mr Naik said he sees no impact of global slowdown on the company's book-order and expects to achieve its set target for the current financial year.