l&t shareholders laud commendable performance in ... letters...

Vol. 44, Nos. 4-6 June-August 2012

Communication journal for Mumbai-based employees of Larsen & Toubro Limited

L&T’s 67th AGM was held at Birla Matushri Sabhagar, in Mumbai on August 24, 2012. Mr. A.M. Naik, CMD, L&T, as usual, was at his wittiest best. L&T shareholders praised L&T for showing commendable performance braving tough economic environment. In the above photograph, Mr. Naik explains a point to a shareholder at the AGM.

L&T Shareholders Laud Commendable Performance in Challenging Times

The Annual General Meeting (or AGM, as it usually called) is much more than a statutory obligation,

it represents one of the biggest occasions for stakeholder engagement in a company’s calendar.

L&T’s AGM was held at the time-honoured venue - the Birla Matushri Sabhagar on August 24, 2012. It was helmed with characteristic panache by our Chairman & Managing Director,

Mr. A.M. Naik. He provided an incisive review of performance and keen analysis of issues at hand. His interactions with shareholders were marked with a characteristic blend of good will and good humour.

The smooth, well-oiled running of the AGM reflects the successful orchestration of multiple efforts - by our Secretarial Department (whose executives were singled out for praise from the shareholders) and the various

arms of PGM.Every AGM is also an occasion when

retail shareholders - the usually silent majority - find a platform to air their views. These shareholders usually belong to a dedicated band which attends AGMs year after year. Each of them has a signature style. This year too, they were present in their usual numbers. Quite simply, our AGM would not be complete without them!

2 Powai Pageant, Jun-Aug 2012

As L&T is celebrating its Platinum Jubilee this year, another impor-tant landmark has been crossed

by Larsen Toubro Kamgar Sahakari Patpe-dhi Maryadit (LTKSPM), popularly known as Credit Society.

Hence, the AGM of LTKSPM held on August 7, 2012 in Powai (West) Canteen Hall had a special occasion to celebrate. LTKSPM is celebrating its Golden Jubilee and 50 years of service to L&T-ites. Pride and passion of reaching such a milestone and of having served the vast pool of L&T-ites in meeting their requirements was evident everywhere.

Mr. Suryakant Mahadik, President, Bhartiya Kamgar Sena, Chief Guest for the function, garlanded the statue of Chhatrapati Shivaji Maharaj. Thereafter two minutes silence was observed to pay homage to the deceased members of the Society.

Congratulating all the members on LTKSPM reaching such an important milestone, Mr. Suryakant Mahadik gave an overview of the industrial scenario in Mumbai. He said that even in the face of tough economic conditions, L&T has done

well. “This would not have been possible without the dedication and hard work put in by you. However, to do better we need to do much more,” he said.

Mr. Krishnakant Kadam, President, who took over from Mr. J. U. Shaikh after his retirement, remarked that he was happy to lead the Society in its Golden Jubilee year. The AGM began with Mr. Sandeep Raut, Vice President, LTKSPM, welcoming the gathering.

Mr. A.K. More, Secretary, read out the resolutions which were passed unanimously. He also informed members of the proposed amendments in the bye-laws, which adds a point that the membership of the Society ceases on retirement. The limit of the long-term loan has been increased to Rs. 6 lakhs from Rs. 5 lakhs. Emergency loan amount has been increased to Rs. 2000 from Rs. 1000 and the maximum limit of amount held in Cumulative Time Deposit Account has been increased to Rs. 100,000 from Rs. 85,000.

Mr. D.C. Mandlik (VP-P&A) commended the efforts of the managing committee of LTKSPM and the services it

is providing to L&T-ites. “This is a mature, qualified and experienced committee. The packed hall shows the appreciation L&T-ites have for the work done by LTKSPM,” he said. Mr. Ajit Singh (EVP-Corporate Infrastructure & Services) said that the work LTKSPM has been carrying out is in line with the big banks and mutual funds in India. “While many of these banks and mutual funds are in dire straits, the credit society has been carrying out the work efficiently and I am commending the managing committee for the good work,” he stated.

Mr. Vishwanath Randive, President, BKS (L&T-Unit), congratulated the children of the L&T-ites who excelled in this year’s examinations and mentioned that there is no one in L&T whose life is not touched by the Society. Mr. Bharat Bhosale, General Secretary, BKS (L&T-Unit), assured that the Society will continue to prosper.

On this occasion, children of L&T-ites who excelled in various examinations were felicitated at the hands of dignitaries.

Mr. Sandeep Raut proposed a vote of thanks.

Mr. Suryakant Mahadik addresses the gathering at the AGM.

LTKSPM Completes 50 Years In Service Of L&T-ites

Powai Pageant, Jun-Aug 2012 3

Mr. K. Venkataramanan (third from right) and Mr. U. Dasgupta (second from right) with Mr. Juan Reynoso Durand (Fourth from right) and the BMT delegation.

H ydrocarbon Upstream in its ongoing journey of expanding the footprint in international

markets, achieved a new milestone by joining hands with Blue Marine Tech-nology (BMT) Group to explore busi-ness opportunities in Mexico’s oil & gas industry.

BMT group specialises in providing services to the Mexican oil & gas industry; Petróleos Mexicanos, the Mexican national oil company being its major customer.

A high level delegation from BMT visited L&T’s Powai campus on July 19, 2012. The BMT delegation comprised Mr. Juan Reynoso Durand (Director General &

CEO), Mr. Manuel Mayoral Piana (Director Commercial), Dr. Rene Rendon Garza (Chief Strategic Planning & BD Officer) & Mr Raman Mullick, Advisor based out of Houston.

The delegation was received by Mr. U. Dasgupta (Sr. Vice President - Hydrocarbon Upstream) and the marketing team of

Floating System Business Unit. The visitors met Mr. K. Venkataramanan, CEO & MD, L&T who shared L&T’s global vision and gave valuable strategic inputs to both the teams. Later the visitors were taken to the facility in Faridabad to showcase L&T’s engineering set-ups there.

Hydrocarbon Upstream & BMT Explore Strategic Alliance

Hydrocarbon Upstream, in its ongoing journey of expanding the footprint in international markets, achieved a new milestone by joining hands with Blue Marine Technology (BMT) Group to explore business opportunities in Mexico’s oil & gas industry.

Jawaharlal Nehru

“We live in a wonderful world that is full of beauty, charm and adventure. There is no end to the adventures that we can have if only we seek them with our eyes open.”


The safety performance of L&T Heavy Engineering (L&T HE) se-cured peer group recognition as

it won the FICCI (Federation of Indian Chambers of Commerce and Industry) Safety Excellence Award 2012.

L&T Heavy Engineering received the Gold Award in the category of large size organisation.

Mr. A.K. Modi, General Manager – Manufacturing & Mfg. Services, and Mr. Anand Kode, Dy. General Manager – EHS, L&T HE, received the award from the Union Minister of Labour & Employment, Mr. Mallikarjun Kharge,

in New Delhi on September 14, 2012. The jury for the award comprised Dr.

R. Chidambaram, Principal Scientific Advisor to Govt. of India; Mr. Sompal, Former Minister of Agriculture and

Member, Planning Commission; and Mr. Surendra Singh, Former Cabinet Secretary.

Established in 1927, FICCI is the largest and oldest apex business association in India.

Mr. Mallikarjun Kharge (fourth from left) hands over FICCI Safety Excellence Award to Mr. A.K. Modi and Mr. Anand Kode.

L&T Heavy Engineering Bags FICCI Safety Excellence Award

The safety performance of L&T Heavy Engineering (L&T HE) secured peer group recognition as it won the FICCI (Federation of Indian Chambers of Commerce and Industry) Safety Excellence Award 2012. L&T Heavy Engineering received the Gold Award in the category of large size organisation.


Addressing the fourth Corporate EHS Council Meeting at Powai on June 26, 2012, Mr.

K. Venkataramanan (KV), CEO & MD, highlighted the importance of achieving the zero accident goal as L&T becomes national to international organization with more than 300,000 people working at its worksites worldwide, representing sheer scale of L&T operations. He said that increasing mechanisation will help in improving safety at the sites.

He briefed the gathering on project ‘Suraksha Jeet’ which was launched on June 7, 2012 to drive safety improvement journey at project sites.

He disclosed the philosophy behind setting up of ‘Safety Innovation Schools’ at Hazira and Kanchipuram to train contractors and employees to integrate skill set and safety. He also emphasised that establishing a family connect will help in creating increased awareness on importance of safety and will also relate to L&T’s caring culture. “A mindset change must come to all of us to achieve the desired safety standards. The infrastructure area is the most challenging, and when we reach the zero-accident goal, it will be a great achievement,” he said.

Earlier Mr. Rajeev Soni, Sr. DGM

(Corporate EHS), welcomed the gathering and the Corporate EHS Council Meet was inaugurated by KV.

In his opening remarks, Mr. Ajit Singh, Executive Vice President (Corporate Infrastructure & Services), said, “Safety means taking care of all our employees and other people associated with us. We need to record and report all near miss incidents as these are clear indicators of safety hazards,” he stated. In the area of EHS, he appreciated efforts taken with regard to release of Corporate EHS Management Framework, audits and capacity-building programs. He complimented Powai Campus for winning the prestigious CII SHE award.

Mr. Rajeev Soni provided the overview of EHS performance across L&T. He enumerated the key points of the last Council meeting. He revealed that 1.5 lakh trees were planted in L&T campuses and 9 campuses achieved zero reportable accident status. He also covered key initiatives at the corporate and IC levels, as well as challenges and concerns.“

Mr. Alok Sharma, GM (Corporate Sustainability), welcomed KV and applauded his visionary approach for strategic capability development

initiatives related to Project Management Institute, Glopat Programme, Safety Innovation School and giving top priority to safety in the organisation.

Presentations were made by ICs’ EHS Coordinators, followed by a group discussion on strategic approach towards safety excellence. The way forward was deliberated and the meeting concluded with the formulation of a roadmap.

Mr. K. Venkataramanan with the Corporate EHS Council members.

KV addressing the Council.

“A mindset change must come to all of us on safety,” KV tells Corporate EHS Council


The 59th AGM of Larsen and Toubro Grahak Sahakari Saunstha Marya-dit (LTGSSM) was held at PGM Lec-

ture Hall in Powai on August 13, 2012. The AGM saw participation from shareholders of the Saunstha, office bearers of Bhartiya Kamgar Sena (L&T Unit) and members of LTOSA.

The AGM opened with a welcome address by Mr. H.S.Saini – DGM, Catering Services.

Mr. Ajit Singh (EVP – Corp. Infrastructure & Services & President of the Managing Committee of the Saunstha) complimented the Saunstha members, and the Managing Committee and BKS (L&T Unit) for successfully completing ISO Surveillance Audit, WMS Audit and focusing on further improvement in ambience and hygiene in the canteens.

Mr. Sanjay Jadhav, Secretary, LTGSSM, read the notice of the meeting and minutes of the 58th AGM held on August 10,

2011. In the Chairman’s address, Mr. D.C. Mandlik (Vice President-P&A) appreciated Saunstha employees’ efforts for providing homely food in what is perhaps the largest canteen in Mumbai. He appreciated the steps taken by the Management for securing competitive prices and expressed gratitude towards members of BKS (L&T) unit and members of LTOSA.

Mr. Dongre, Jt. Secretary, BKS Union (L&T Unit), applauded the Saunstha for providing good quality meals round the

clock. He appreciated the fact that LTGSSM employees pay attention to the diners’ problems and are doing a good job. He added that BKS (L&T Unit) constantly apprises the management on quality related aspects to ensure consistency and thanked the management for the prompt responses.

Mr. S.S. Pradhan, LTGSSM Managing Committee Member, proposed a vote of thanks.

59th AGM of Larsen & Toubro Grahak Sahakari Saunstha Maryadit

Dignitaries on the dais at the 59th AGM of LTGSSM.

Mr. Ajit Singh (EVP – Corp. Infrastructure & Services & President of the Managing Committee of the Saunstha) complimented the Saunstha members, and the Managing Committee and BKS (L&T Unit) for successfully completing ISO Surveillance Audit, WMS Audit and focusing on further improvement in ambience and hygiene in the canteens.


Mr. R.N. Mukhija welcomes BK Shivaniben.

It is your choice to decide what destiny you create for yourself,” Brahmaku-mari Sister Shivaniben stressed on Au-

gust 31, 2012, addressing a large number of L&T-ites at Powai. She was speaking on Destiny: Is it a matter of chance or choice?

She started the session by asking her listeners to sit silently for a minute and ask themselves what they would like to change in their lives. She then said, “We all want to know our destiny, get our palms read, follow feng-shui, vastu, astrology, etc. All they can do at best give you information based on your present parameters. But they are not reality, only predictions. Based on your parents’ health and your own present condition your doctor can predict whether or not you will contract diabetes and when. But it all depends on how you react to the prediction.”

How often do we take an appointment with ourselves to enquire how to change our destiny? Let us say you do something and

someone takes credit. How do you react? It’s never about the other person. It’s about how you react. Adapt.

“Are you ready to forgive yourself? Then accept responsibility for whatever happens to you. No more ill-feelings, resentment, hatred towards anyone. Send love and compassion to all. Meditation gives you the power to act on this knowledge. Otherwise you’ll only be reflecting other people’s behaviour and lose you own personality,” she advised.

Earlier Ms. Madhuri Purandare welcomed the participants. An e-lamp was lit by Mr. R.N. Mukhija, Advisor to the Chairman, BK

Sister Shivaniben, BK Sister Deepa, Mr. Ajit Singh, Mr. Shrikant Joshi and Dr. K. J. Kamat.

Introducing the speaker, Mr. Mukhija said he was not the mentor as he had been described but the initiator of spiritual learning in the Company. “We have benefited from our association with the Brahmakumaris. Sister Shivaniben exemplifies Raja Yoga meditation. She is an electronics engineer with a Gold Medal and was a lecturer before joining the Brahmakumaris. She started, along with her husband, a software company in which she still participates.”

Dr. Kamat proposed a vote of thanks.

Destiny: Is it a matter of chance or choice?

How often do we take an appointment with ourselves to enquire how to change our destiny? Let us say you do something and someone takes credit. How do you react? It’s never about the other person. It’s about how you react. Adapt.

“


A Helping Hand (Corporate Social Initiatives)

L&T‘s Corporate Social Initiatives (L&T-CSI) has added another feather to its cap, with the CMO Asia Best CSR Practices Award 2012. CMO is a forum of Chief Marketing Officers representing around 5000 members in the Asian region and has been recognizing companies in Asia for excellence in brand and marketing management.

In 2011, CMO introduced the award for best CSR practices by organisations that have significant impact on lives of the underprivileged.

L&T bagged the award in the category of overall best CSR practices among corporates in the Asia region. The winners were chosen by an eminent jury who acknowledged the far-reaching social impact of L&T’s initiatives in education, mother-and-child care and skill-building.

Presented at a glittering ceremony in Singapore on July 20, 2012, the award, consisting of a trophy and a commendation, was received on behalf of L&T by Mr. Umesh Bharadwaj, CEO,

L&T-CSI Bags CMO Asia Best CSR Practice Award

Mr. Umesh Bharadwaj receives the award trophy and certificate from Ms. Rachele Ferri, Global Sr. VP (Talent Strategy & Employer Branding), Universum, in Singapore on July 20, 2012.

Mr. Ajit Singh, EVP (Corporate Infrastructure & Services), and the CSI team headed by Mr. Alok Sharma, proudly display the CMO Asia Best CSR Practice Award trophy and commendation certificate.

Tamco Switchgear (Malaysia) -- L&T’s subsidiary. This award further acknowledges L&T’s position as a company committed to social development.


L&T’s Corporate Social Initiatives (L&T-CSI) received a stamp of recognition from the All India Management Association (AIMA) in the form of Best CSR Practices for Responsible Business Award. The award was conferred during the conference on ‘Enabling Responsible Business for a Sustainable Future: Challenges and Opportunities’, organised as part of the 5th Business Responsibility Summit of AIMA held on July 6, 2012.

AIMA had organised a contest for companies and institutions from across the country on CSR and responsible business practices. This was a multi-level contest, and involved shortlisting top 10 entries from the 29 corporates by the jury and a presentation by each of these 10 contestents. Mr. Alok C. Sharma, General Manager - Corporate Sustainability, made the presentation on L&T to the eminent national jury panel.

L&T was declared the winner amongst the top three corporates. Dr. M. Veerappa Moily, Union Minister of Ministry of Corporate Affairs, was the chief guest for the event.

AIMA’s Best CSR Practices Award To L&T-CSI


This year too Raksha Bandhan festival was pleasantly different for L&T-ites. The Corporate Social Initiatives Cell put up ‘Rakhi Stalls’ to encourage employees in Powai, Mahape & Airoli offices to support a noble cause.

This was done in partnership with Non-Governmental Organisations (NGOs) such as ‘Self Esteem Foundation For The Disabled’ that provides life care services to the people with disabilities; Shramik Naari Sangh (Sa Ni Sa), a charitable society to promote women empowerment through income generation activities; and Vallabhdas Dagra Indian Society for Mentally Challenged which renders multi-disciplinary services to the mentally challenged.

The rakhis and other exotic products displayed on July 16-18, 2012, were handmade by the disadvantaged sections of the society.

L&T-ites enthusiastically supported the cause by buying rakhis and other colourful products in large numbers. The amount collected will be used by the NGOs in their charitable activities.

Buying Rakhi; Supporting a Cause

L&T-ites throng the Rakhi stalls.

Mr. Alok Sharma receiving the AIMA award from Dr. M. Veerappa Moily.

- Mahatma Gandhi

The weak can never forgive. Forgiveness is the attribute of the strong.



On June 9, 2012, Corporate Social Initiatives, Mumbai, took a small step to bring joy in the lives of the cancer-affected children currently undergoing treatment at Tata Memorial Hospital, Parel. A day out for the children in the age group of 6 to 15 years was planned.

Fun & Frolic

Thirty children (the little ones accompanied by their parents), and volunteers boarded the L&T bus from Tata Memorial Hospital. They were first taken to a gaming zone at a city centre where their eyes opened to the world of latest electronic and video games which many of them were seeing for the first time, as most of the children belong to other towns and are in Mumbai primarily for their treatment.

The children were brimming with excitement running around from one game to

A day full of smiles and unforgettable memories for children affected with cancer

Children’s day out: CSI team members, L&Teers and the children at the city centre.

A Child Art Exhibition was organised at Powai campus on July 31, 2012. The exhibition displayed the novel items made by the children from Powai communities during the Summer Camp Dhoom 2012. This event conducted in association with Children Toy Foundation, an NGO who conducts puzzles and mind games through Mobile Toy Library in schools in and around Powai.

The children during the camp were

taught to create useful items from discarded articles. That is, decorative things such as ornamental flowers, coloured glass, and vegetable shapes. The children, as a result, also learnt the value of recycling by making good use of discarded items.

L&T-ites took great interest in visiting these stalls put up at North Block II lobby and appreciated the enthusiasm and skills of the children.L&T-ites take a dekko at the creativity of

child artistes.

Child Art Exhibition

another, momentarily forgetting their pains and the rigours of their treatment schedules. A short joy ride around the centre in a train had the children screaming with delight. Children greatly enjoyed a sumptuous lunch after the rides.

Art & Craft

Thereafter Ms. Sharmila of Light House along with her team conducted a creative workshop for the group. The children drew impressive pictures on jute bags, beautifully representing their ideas, and thoughts.

Mr. Alok Sharma, General Manager - Corporate Sustainability, expressed his delight to be part of the event and urged the children not to get bowed down by problems but make good use of opportunities that come in their way. Mr. Niranjan Parikh, Counsellor at Tata Memorial Hospital, expressed his heartfelt thanks to L&T, CSI team and L&Teers for making this event come alive for the children.

CSI team comprising Mabel Abraham, Mitali Naik, Janet Alexander and Aruna Ranganathan, wholeheartedly contributed to the success of the event. L&Teers were also part of this activity, assisting the children, cheering them up and playing with them.


Powai Welfare Department organized an awareness program on Polycystic Ovarian Disease and Obesity on July 23, 2012 at Powai Campus. A total of 102 women employees attended it.

The guest speakers for the workshop were Dr. Uday Chothai, Senior Naturopath and Director at Bhartiya Vidhya Bhavan’s Institute of Holistic Health Sciences at

Awareness Program on Polycystic Ovarian Disease and Obesity

Shatayushi Bhava: Prevention of Cancer, Heart Diseases and Mental Illness

WELFARE WORLD

Dr. Uday Chothai being felicitated by a participant.

Dr. Ashish Despande addressing participants at the Shatayushi Bhuva programme.

Mumbai, Dr. Bhairavi Kothari, Ozone Therapy and Reiki Therapy Expert, Dr. Arati Badre, Ayurveda (M.D) practicing Ayurveda and Panchkarma at IHHS, and Mrs. Shalini Goenka, Weight Manage-ment Consultant.

Mrs. Madhuri Purandare, Manager, Powai Welfare Department, welcomed the guest speakers and introduced the topic of discussion to everyone present.

PCOD is one of the most common female endocrine disorder. It occurs in 5% to 10% of women and is the most common cause of infertility in women. The symptoms of PCOD may begin in adolescence with menstrual irregularities or a woman may not know she has PCOD until later in life when symptoms and/or infertility occur. The symptoms of PCOD include Hirsuitism, pigmentation, pimples, acne, and infertility. Weight reduction will help to restoring regular ovulation and menses.

The Welfare Department organised a program for employees’ Spouses on Prevention of Cancer, Heart Diseases and Mental Illness on August 16, 2012.

The first session was conducted by Dr. Ashish Bakshi, Oncologist. He explained how early detection of cancer will help for its cure and prevent further spread.

Post tea break session on ‘Heart Care and Yoga for Wellness’ was conducted by Dr. Satish Pathak, Cardiac Surgeon & Yoga Expert. Satish Pathak enlightened the participants about how yoga can help in heart care. The concluding session was by eminent Psychiatrist, Dr. Ashish Deshpande.

A total of 60 participants attended the program.


Congratulations

SSC/ ISCE/CBSC (X std.)

It is that time of the year when we honour young achievers – employees’ children who have made their mark by excelling in all-important public examinations by publishing their achievements in the magazine. We wish you success and would like to see you continue excelling in all spheres of your lives.

Sudhanwa, s/o Rajeev V.

Kulkarni, Hydrocarbon,

ISCE, 96.8%, Gopal Sharma

International School, Powai.

Vedita, d/o Sandeep

A. Bhat, C&A, Mahape,

E&A, SSC, 94.36%, St.

Anne’s High School,

Borivali (West).

Anil, s/o Arjun Balu Aher,

Heavy Engineering, SSC,

93.09%, Gyanprakash

Vidhyalay, Ghatkopar.

Udita, d/o Arunjit

Chowdhury, L&T Infotech,

ISCE, 96.14%, Hiranandani

Foundation School,

Thane (W).

Ninad, s/o Rajendra Bhikaji

Sawant, Hydrocarbon,

SSC, 93.64%, VPM’s Vidya

Mandir, Dahisar.

Devika, d/o Bhagirath V

Shanbhag, L&T Realty,

SSC, 92.73%, Swami

Vivekananda High

School, Chembur.

Mehak, d/o Sanjay D.

Jethmalani, L&T Infotech,

ISCE, 96%, Smt. R.S.B. Arya

Vidya Mandir, Juhu.

Tanvi, d/o Himesh Patel,

L&T Realty, SSC, 93.64%,

Carmelite Convent English

School, Vasai (W).

Snehal, d/o Vinay H.

Shenoy, E&A, SSC, 92.36%,

Dr. S. Radhakrishnan

Vidyalaya, Malad (West).

Advait, s/o Vaishali Prasad

Koparkar, Corporate

Accounts, ISCE, 95.86%,

VIBGYOR High School,

Goregaon (W).

Saurabh, s/o Sanjay Joshi,


93.45%, PE Society’s New

English School & Jr College,

Thane (East).

Harshal, s/o Hitesh Solanki,

Heavy Engineering,

SSC, 92.18%, Children’s

Academy, Malad (East).

Ankita, d/o Rajesh Kumar,

Power Development, CBSE,

95%, New Horizon Public

School, Airoli.

Slavvy, d/o Johnson

Coelho, Heavy Engineering,

SSC, 93.09%.

Kunal,s/o Manoj Laxman

Shivapurkar, Shared

Services, SSC, 92.18%,

Vidya Bhavan School, Pune.

(Details given in the sequence: Name of the child, Parent’s name, Parent’s Dept., Exam, Percentage scored, School/College name & location.)


Jhanvi, d/o Sauri Dass,

Human Resources, Power

Development, SSC, 92%.

Shreya, d/o Suhas

Ramchandra Joshi,

Hydrocarbon, SSC, 91.2%,

A.K. Joshi E M School, Thane.

Tanvi, d/o Pradeep Y.

Sawant, E&A, CBSE,

90.2%, Holy Angels’ School,

Dombivili (East).

Manali, d/o Subhash

P. Tawade, Heavy

Engineering, SSC, 86.91%,

VH School, Vikhroli (East).

Aniket, s/o A.K. Modi,

Heavy Engineering,

SSC, 91.82%.

Abhishek, s/o Avinash Patil,

L&T Infotech, SSC, 91.09%,

Vasant Vihar High School,

Thane.

Asha, d/o Umesh Karkera,

EXIM Dept., SSC, 89.45%,

St. Xavier’s High School,

Nerul.

Dinal, d/o D.S. Kumbhar,

E&A, SSC, 86.55%,

Balmohan Vidya Mandir,

Dadar.

Siyara, d/o Lawrence Mohan,

CBMC-LTH, SSC, 91.82%,

Divine Child High School,

Andheri (E).

Shreya, d/o Samir Kamat,

E&A, SSC, 91.09%, St.

Columba High School,

Grant Road.

Dipika, d/o Sharad

M. Mayekar, Heavy


S S School, Thane.

Shwetali, d/o Mahesh G.

Rane, E&A, SSC, 86.18%,

Saraswathi Edu. Society’s

High School, Thane.

Omkar, s/o Sunil S. Thakur,


91.45%, SVIS, Borivli (W).

Aswathi, d/o Urmila Priyan,

Corporate Accounts, CBSE,

90.8%, Arya Gurukul,

Kalyan.

Amandeep, s/o B.S. Saluja,

EWAC Alloys, SSC, 89.09%,

S.M. Shetty High School,

Powai.

Akshyt, s/o K. Bimal Kumar,

Power Development, SSC,

85.5%, St. Francis High

School, Borivli.

Shraddha,d/o Sanjay Sigtia,

L&T Infotech, CBSE., 91.2%,

Delhi Public School, Nerul.

Rohan, s/o Ravindra K.

Patil, Heavy Engineering,

SSC, 90.36%, Y H School,

Goregaon (East).

Shivani, d/o Ketan Z.

Thakare, L&T Realty, SSC,

87.64%, St. Mary’s M. High

School, Vashi.

Shriyankita, d/o V.P.

Patwardhan, E&A, SSC,

92.18%, Prerana Higher

Secondary School, Pune.

Congratulations


Ashwini, d/o C.A. Naik,

E&A, SSC, 85.2%, Balak

Vihar Vidyalaya, Kandivili

(West).

Vaishnavi, d/o R. Raj

Kumar, Heavy Engg., SSC,

84.36%, Vasant Vihar

English Medium High

School, Thane (West).

Rohit, s/o M.A. Rajasimhan,


82.91%, Vasant Vihar High

School & JC, Thane.

Pranjal, d/o Sanjay B.

Khule, E&A, SSC, 80.18%,

A.I.E.S. High School,

Khawnekarwadi.

Omkar, s/o Mangesh V.

Pawaskar, Heavy Engg.,

SSC, 85.09%, St. Rock High

School.

Omkar, s/o P.B. Naik,

E&A, SSC, 84.18%.

Nitesh, s/o Mrs. Irene V.

Gondhalekar, EWAC, SSC,

82.73%, VPM’s Vidya

Mandir, Dahisar (East).

Riddhi, d/o S.B. Surve,

PSS-PGM, SSC, 79.82%,

Little Flower High School,

Thane.

Ashwini, d/o R.M. Karade,

Heavy Engg., SSC, 84.73%,

Raja Shivaji Vidya Mandir,

Thane (West).

Kunal, s/o Prakash Vyas,

Heavy Engg., SSC, 84%,


Bhandup.

Samina, d/o Mufaddal

Pacha, L&T Infotech, SSC,

82%, St. Anne’s High School,

Borivali (West).

Chinmay, s/o Sunil Maruti

Labre, Paint Shop, SSC,

79.64%, Mohinder Singh

Kabal Singh EHS,

Kalyan (West).

Shreya, d/o P.R. Tawade,

Heavy Engg., SSC, 84.6%,

M.H. High School, Thane.

Michelle, d/o Ratnasree

Akpatri, L&T Infotech, SSC,

83.82%. St John the Baptist

High School, Thane.

Bhavin, s/o Girish M.

Panchal, Heavy Engg., SSC,

81.09%, Navodaya English

High School, Thane.

Kanchan, d/o Hirachand S.

Yadav, Heavy Engineering,

SSC, 79.45%, Karthika High

School, Kurla (West).

Amruta, d/o R.A. Panchal,

ETS-E&A, 84.4%, Our Lady

of Remedy High School,

Pune.

Akshay, s/o Prakash M.

Nanaware, E&A, SSC,

83.09%, Smt Sushiladevi

Deshmukh Vidyalaya.

Suyash, s/o Shailendra

S. Salunkhe, E&A, SSC,

80.73%, St. Sebastian Goan

High School, Girgaon.

Abhiyanka,

d/o Mahesh B. Sawant,

E&A, SSC, 85.27%, Veer

Bhagat Singh Vidyalaya.

Congratulations


Adarsh, s/o Aweg B. Gharat,

E&A, SSC, 77.45%, CWC

High School, Versova.

Shreeya, d/o C.D. Naik,

E&A, SSC, 75.27%, St.

Theresa’s High School,

Girgaon.

Saurabh, s/o G.S. Bagade,


70.73%, Sriram Vidyalaya,

Airoli.

Shweta, d/o Ketan Z.

Thakare, L&T Realty, HSC,

Science, 85.33%, St. Mary’s

JC, Navi Mumbai.

Asmita, d/o Bhagwan M.

Sanap, E&A, SSC, 77.4%.

Devansh, s/o Rajesh Ratilal

Chawda, L&T Infotech,

SSC, 75.09%, Smt. R.N.S.

Vidyamandir, Andheri (E).

Kriti, d/o M.K. Srivastava,

EWAC, HSC (ISCE), Science,

93.83%, Smt. S. Singhania

School, Thane (West).

Nikita, d/o Aniruddh Bapat,

L&T Realty, HSC, Science,

83%, Sathaye College, Vile

Parle (E).

Ruchi, d/o Prashant

Karandikar, L&T Infotech,

SSC, 77.27%, S.V. Education

Society – Secondary School,

Chembur.

Akshay, s/o Ashok K.

Walunj, Heavy Engineering,

SSC, 74.20% Shri Ram

Vidhyalay, Airoli.

Aishwarya, d/o Kumar

Vaidyanathan, Corp.

Insurance, LTH, PUC,

Science, 92.5%, New Horizon

PU College, Bangalore.

Vivian, d/o Ms. Violet

D’Souza, Hydrocarbon, HSC,

Science, 82.17%, Mithibai

College, Vile Parle.

Amit, s/o Mrs. Lata B.

Bangera, Hydrocarbon, SSC,

77.09%, Lok Kalyan Public

School, Kalyan.

Priyanka, d/o Vijay

Lokhande, E&A, HSC,

Science, 89.33%, National

Education Society,

Bhandup.

Aniket, s/o Avinash Jadhav,

L&T Infotech, HSC, Science,

81.83%, B.N. Bandodkar

College, Thane.

Priya, d/o Kapildev D. Dixit,

Aerospace, SSC, 76.55%,

Patuck Technical High

School.

Chetan, s/o L.J. Ghute,

Heavy Engg, SSC, 73.6%,


Goregaon (East).

Rushikesh, s/o Pravin C.

Bagul, Heavy Engineering,

SSC, 72%, St. Francis High

School, Nashik.

Olivia, d/o Allwyn Misquitta,

HE, HSC, Science, 88.5%, St.

Rock’s College Of Commerce

& Science, Borivali (West).

Aakruti, d/o Dinesh

Kakrecha,Heavy


St. Lawrence High School,

Borivali (West).

HSC

Congratulations


Diploma

Dakshata, d/o Dasharat

B. Vayale, PCN (W), HSC,

Commerce, 80.33%, CHM

High School, Ulhasnagar.

Amey, s/o Arvind Sawant,

Maintenance Department,

HSC, Science, 75.83%, Birla

College, Kalyan (West).

Siddhesh, s/o R.N. Sawant,

PCN (W), Mechanical Engg.,

90.83%, L&T Institute of

Technology (LTIT).

Ashwin, s/o Mohan Ramdas

Baliga, Corporate Purchase,

L&T Infotech, Electronics &

Telecomm., 86.95%, LTIT.

Poonam, d/o P. R. Sakhare,

Heavy Engineering, HSC,

Science, 80.33%, Vani

Vidyalaya, Mulund.

Parth, s/o M.J. Koltharkar,


Science, 75%.

Priyanka, d/o Rajaram A.

Mokashi, E&A, Computer

Engg., 89.85%, LTIT.

Tulika, d/o Sunil Harsulkar,

Heavy Engineering,

Computer Engg, 86.87%,

LTIT.

Aishwarya, d/o R.S. Verma,


Science, 79.5%, St. Mary

College, Bhayandar.

Dipali, d/o Rajendra P.

Nagila, E&A, HSC, Science,

74.83%, Thakur Vidya

Mandir JC, Kandivili.

Rohit, s/o N. Ramakrishnan,

EXIM Dept., Electronics &


Sherazad, d/o Mrs. Aban P.

Damania, Shared Services,

Krislon House, Electronics &


Kedar, s/o Vivek Ganesh

Pratham, L&T Infotech,

HSC, Commerce, 79.5%, V.G.

Vaze College, Mulund.

Shubhankar, s/o Loknath

Dandekar, L&T Power

Development, HSC, Science,

70.16%, V.G. Vaze College,

Mulund.

Vaibhav, s/o V.B. Bhosale,

E&A, Electronics &


Mithila, d/o Damodar P.

Kunder, Hydrocarbon,

Electronics & Telecomm.,

85.62%, LTIT.

Ketaki, d/o V.S. Nerurkar,

E&A, HSC, Commerce,

79.17%, R.T. Doshi Junior

College, Kalwa.

Satish, s/o R. Sekhar,

EXIM Dept., Electronics &


Aaisha, d/o Aslam K.

Shaikh, Heavy Engineering,


82.38%, LTIT.

Congratulations

Rohit, s/o Ms. Rashmi R.

Mahajan, Taxation, LTH,

HSC, Commerce, 81.33%,

Mulund College of Commerce.


Degree Bachelore of Computer Application

B. Com.

B.Tech. Post Graduation

B.E.

Bachelor of Hotel Management

Jayant, s/o Maruti S.

Mandhre, Heavy Engineering,


82.19%, LTIT.

Sarika, d/o Kamalakar

S. Kubal, PCN, Computer


Pronita, d/o Ajoy Ganguly,

HO-Insurance, 89.52%,

Christ University, Bangalore.

First Rank in the University.

Rakshata, d/o Ratnakar K.

Shetty, PCN (W), Electronics

& Telecomm. Engg., 70.58%.

Mayuri, d/o R.D. Panchal,

Heavy Engg., Computer

Engineering, 82.05%, LTIT.

Oren, s/o Nissim E. Daniel,

Hydrocarbon, Electronics &


Ashmi, d/o VIishwanath

S. Shetty, HMD, 74.71%,

Mithibai College,

Vile Parle (W).

Anahita, d/o Mohan Nair,

International Defence

Business, 71.05%, Manipal

University.

Pranjali, d/o D.S. Nigam,

Corporate Management,

Computer Engg., 81.95%,

LTIT.

Priyanka, d/o Kamalakar

S. Kubal, PCN, Computer


Neha, d/o Ms. Shweta

Sanjay Tilak, PMS-PGM,

73.74%, University of

Mumbai.

Neha, d/o J.B. Pandey,

CBMC-LTH, Computer Science

& Technology, 70%, Usha

Mittal Institute, Santa Cruz.

Janhavi, d/o Mrs.

Radha Ramakrishnan,

Heavy Engg., Industrial

Electronics, 80.76%, LTIT.

Jyoti, d/o A.R. More,

PSS-PGM, Electronics &

Telecomm. Engg.,73.6%.

Ajit, s/o Subhash S. Avhad,

HO, L&T House, Electronics

& Telecomm., 81.52%.

Bhavna, d/o Bharat B. Sharma,

Heavy Engineering, Computer


Nishikant, s/o Dasharath

B. Vayale, PCN (W),

Electronics Engg., 70.65%,

D.M. Engg. College, Airoli.

Shilpa, d/o Subhash N.

Mahajan, E&A, PGDBM

(HR), 75.57%, Rizvi

Academy of Management.

Congratulations


In this second article in this column, we will focus on image formats.

Here is a simple question: Which is the best file format for saving your images?

Before answering this question you may wonder: Is it necessary to know about the various file formats for images?

The most commonly used image format is JPEG. There are a number of image formats. If you know when to use which, it will help in selecting the right type for the requirement in hand.

Image Formats

Details of some of the commonly used image formats are given below:

JPEG Format

This is one of the most portable image formats and was named after the Joint Photographic Experts Group which established the file format. Images in JPEG

format have the file name extension .jpg or .jpeg. Most, if not all, graphic applications can handle them, and this is the format of choice for nearly all photographs on the websites and the best format for PowerPoint presentations. Digital cameras save in JPG format by default.

JPEG, however, has a drawback. It is a compression scheme. This means, saving images as JPEG files will result in some loss of image quality. No or low compression means images are of better quality, while compressed images will be smaller. An image can be compressed to around 1/10 of its original size by saving it as JPEG.

Graphics Interchange Format

The biggest advantage of Graphics Interchange Format (GIF) is that the file can contain multiple images allowing animation of the image when played. As a result GIF images are used exclusively on web sites. However, GIF format has a drawback. That is, a GIF

image can only have up to 256 colors. If the image has fewer than 256 colors, GIF can render the image exactly. This makes the GIF format suitable for storing graphics with relatively few colors such as simple diagrams, shapes, logos and cartoon style images. Portable Network Graphics Format

The Portable Network Graphics (PNG) file format is a lossless storage format. It looks for patterns in the image that it can use to compress file size. The compression

Tech Digest

National Award for Excellence in Energy Management

Electrical Services, L&T, receiving the award from Dr. Ajay Mathur (centre), Director General, Bureau of Energy Efficiency (BEE) & Mr. L S Ganapati ( Second from right), Chairman, National Award for Excellence in Energy Management 2012. Also in the picture is Dr. Naushad Forbes (extreme left), Chairman, Energy Efficiency Council.

The North Block II building at Powai Campus has been rated as Excellent Energy Efficient Unit

by the Confederation of Indian Industry (CII) and has been honored with Na-tional Award for Excellence in Energy Management. The award was presented at the 11th Energy Efficiency Summit 2012 organised by CII in Hyderabad on August 22-23, 2012. A total of 166 com-panies had sent entries for the award. Last year CII had rated NB-II building as Energy Efficient Unit.

The photograph shows Mr. Rajdeep Gupta (extreme right), DGM, Powai Electrical Services & Mr. Atul Parkar, (second from left), Manager, Powai


is exactly reversible, so the image is recovered exactly. This file format supports true color (16 million colors) while the GIF supports only 256 colors and hence suitable for normal images. The PNG file excels when the image has large, uniformly colored areas. PNG, however, does not support animation.

Tagged Image File Format

Tagged Image File Format (TIFF or TIF) is a flexible format for saving images, and usually the best quality output from a digital camera. Hence TIFF files tend to be much larger than JPEG images. However, the photograph taken from the camera will take long time to get saved on memory card. Further, since the file sizes are huge, fewer images can be stored in the memory. TIFF remains widely accepted as a photograph file standard in printing business.

RAW

RAW refers to a family of raw image formats available on some digital cameras, especially DSLR cameras. These use a lossless or nearly-lossless compression, and produce file sizes much smaller than the TIFF images. The disadvantage is that RAW formats are manufacturer-specific and you may have to use the manufacturer’s software to view the images.

BMP

BMP is an uncompressed proprietary format developed by Microsoft. This format handles image files within the Microsoft Windows OS. BMP files come uncompressed, hence end up being very large in size. BMP files are used rarely, even by Microsoft Windows users.

Other Formats

There are a number of other image formats like PSD and PSP which are proprietary formats used by graphics software applications. For example, Adobe’s Photoshop files have the PSD extension, while Paint Shop Pro files use PSP. These are the preferred working

formats for working on images in the software, because only the proprietary formats retain all the editing details of the software packages.

Size of the Image

How would you know the size of the image taken from a digital camera?

An image is made up of pixels or picture elements. An image taken from a 3 megapixel camera will have for example, 2048 pixels width and 1536 pixels height and will contain (2048x1536) 3,145,728 pixels (or 3.1 megapixels). This image can be called 3.1 megapixel image. If the image size is 3000x2000 pixels, then it will be 6 million pixels (6 megapixels) image. But this does not indicate the size of the image in inches which we are familiar with.

To know the image size in inches, we need to know the image resolution. Image resolution is the density of the pixels measured in pixels or dots per inch (dpi). Computer monitors usually have a resolution of 72 dpi. Thus a 3.1 MP image with 2048x1536 pixels dimension will have dimensions of around 28”x21”. If you wish to see the same image at 300 dpi resolution, the size will reduce to around 7”x5”.

If the resolution of the image is high, the file size also increases.

When the same image is saved in different file formats there is huge difference in their file sizes. Let us say that the image will be of 7”x5” and 300 dpi resolution. The GIF file will have a file size of 1.5 MB, JPEG file 2.2 MB and PNG file 4.4 MB. The biggest one will be the TIFF image; around 12 MB.

Which One To Use?

Now it is clear that JPEG is the most suitable format for saving the images. Take the photographs on your digital cameras and mobiles at higher settings, discard blurred, out of focus images and other images which you think are not required and transfer the images to your PC. You may keep the images on digital camera or mobile phone if the memory cards in those are of sufficiently high capacity. Taking

photographs all the time at very low resolutions is not advisable unless you know that the images will be used only on social networking sites.

If you wish to share the images with your friends, make sure that you share lower resolution images. Keep the original folder of images intact. If you work on JPEG files, each time you save the file, the quality deteriorates. Create a copy and reduce the image sizes and then share. If you do this, you will reduce the bandwidth required for transmitting images and reduce delay in saving and opening images at your friends’ PCs.

If you are sending the images for publication in magazines like this one in your hand, make sure that these images are of high resolution. 300 dpi and 7”x5” minimum. This is because magazines are printed on offset printers and these require high resolution images for proper reproduction. Lower resolution images will get pixelated in offset printing.

JPEG images can also be used in PowerPoint presentations. But if you wish to add animation to the presentation, GIF file is the choice.

The lossless PNG format is best suited for editing pictures, and JPG format is best suited for distribution of photographic images, because these files are usually smaller than PNG files.

JPEG, PNG, and GIF files are suitable for use in websites. TIFF images should not be used for web pages. If you are considering images for publication in glossy magazines or brochures like L&T’s Annual Review, opt for TIFF format for images. RAW image option is available on Digital Single-Lens Reflex cameras mostly used by professional photographers, but image in RAW format has limited use other than editing in the proprietary software of the manufacturer or like Photoshop.

Next issue: Image Editing Software.

-- Compiled by:Lawrence Mohan

CBMC, L&T House, Mumbai

Printed at Indo Flexi Pack Pvt. Ltd., 503A Byculla Service Industries, Dadoji Konddeo Marg, Mumbai - 400027. Edited by D. Morada for Larsen & Toubro Limited, Corporate Brand Managment & Communications, Larsen & Toubro Limited, L&T House, Ballard Estate, Mumbai - 400001. The views expressed in this publication are not necessarily those of the Management of Larsen & Toubro Limited. The contents of this publication should not be reproduced without the written permission of

the Editor. Not for sale - only for circulation among Mumbai based employees of Larsen & Toubro Group of companies.Member

Editor: D. Morada Editorial Team: CBMC – Jairam N. Menon, Lawrence Mohan, Marianne Nazareth and Sukhi Shivaraman; PGM – D.U. Menon.

Designer: Jayanta Behera. Photography: Nirav Dave and Sushil Shinde. Your feedback and opinions are welcome at [email protected]

35 Years

HYDROCARBON: D.K. Gupta

E&A: M.K. Patki, R.T. Daruwale, S.M. Karalkar, K.N. Amle, P.A.

Dhekale, K.N. Tapare, S.V. Rane, J.J. Asawale, M.S. Virkar, B.J.

Yadav, C.R. Rane, P.L. Shirke, S.S. Kore.

PCN (WEST): Ratnakar K. Shetty, Dattaram G. Salvi, Shekar A.

Poojary. PCN (EAST): Mahesh G. Pawaskar, Sahibrao J. Paikrao,

Shrisel L. Bansode, Ravindra P. More, Ramesh S. Sakhalkar.

LTH CAFETARIA: Shankar S. Devadiga.

HEAVY ENGINEERING: Sunil V. Tamhankar, Mohd. Azam H.

Syed, D. Bisht Rajesh, V.M. Dhamal, Sudam H. Satpute, R. Noor

Mohd Abdul, M.D. Remedios, R.T. Thavare.

PGM: V.R. More.

30 Years

HYDROCARBON: A.K. Sadasivan, H.R. Parikh, Ms. Nishith B.

Upadhyay, Pradip Kothari, Viswanath K. Gajinkar, L. Sundararaj,

Mrs. Merlin P. Amanna, C.B. Deshmukh.

HO - SSC, KRISLON HOUSE: S. J. Bhuva.

HO - CORPORATE ACCOUNTS, POWAI : Anil Kumar K., R.

Chandrasekhar.

L&T REALTY POWAI: Shym Narayan Seth.

ETDC: K. Sreekumar PCN (WEST): C. Ramsey Prasad.

E&A: Suryakant W. Kadam, B.S. Gaikwad, S.R. Mapara, D.P.

Khochare, R.G. Take, J.H. Patil, P.V. Berde, A.D. Mande, A.A.G.

Shaikh, B.S. Angane, A.T. Kadam, V.S. Tambe.

PGM: Dilip Yashwant Desai.

HEAVY ENGINEERING: M.R. Morpuria, H.P. Puthran, T.K. Rokade,

P.K. Mhatre. HO: B.S. Khuspe. IBD: Rishikesh Joshi.

TECHNOLOGY CENTRE: R. V. Kulkarni.

25 Years

HYDROCARBON: M.J. Daftary, Mrs. S. Rege;

HEAVY ENGINEERING: Uday J. Kudtarkar.

20 Years

HYDROCARBON: D. Paranjape, Rudra Kumar, Nirmal Kumar

Kabra, Violet D’Souza, P.V. Balaramakrishna, N. Sathyan,

Gopinath Nair.

PGM: S.K. Dhotkar, S.W. Nemade, Jadhav M.R., H.R. Farande.

E&A: R.B. Masurkar, M.R. Pitale, S.G. Kamble, B.S. Ghaiwat,

Tripti Agarwal: M&M SBG, Kolkata, to HO-Corporate Audit Services, Powai; Amit Kulkarni: L&T Power-SCM, Vadodara, to HO-Corporate Strategy & Change Management, Powai; C.R. Lakshman: EAIC - Finance & Accounts, Powai, to HO-Corporate Audit Services, Powai; Aashish Chauhan: HO-Corporate Indirect Taxation, Powai, to OGSP - Domestic, Upstream SBG, Powai; Kartik Kumar: HO-Corporate Finance, L&T House, to EAIC Accounts, Powai; P. Ramakrishnan: HO-Corporate Finance, L&T House, to E&A IC Accounts, Powai; U. K. Pawar: HO-Corporate Audit Services, Powai, to HE Finance & Accounts, Powai; Vikas Khitha: Corporate Office, New Delhi, to Corporate Strategy, Powai.

Long Service Awards

Transfers

J.T. Mistry (48 years), Heavy Engineering, who passed away on July

17, 2012 due to prolonged sickness. He had joined the company on

13.05.1992 and is survived by wife and son.

Our condolences to the bereaved family of:

Sidharath Tuli, L&T Hydrocarbon – HR, Powai

H.R. Khona - Project Anant & IT, E&A; G.S. Nawathey - L&T Realty;

Sanjay V. Karnik - Shared Services Centre; G. Mayuranathan -

Taxation, L&T House; N.K. Ravindran - EXIM; R.V. Kadam - PGM;

Florina A. Parulekar - CHRP, Landmark; M.S. Nair - Seawoods,

Nerul; M.B.Tikle - Corporate Strategy & Change Management.

We Welcome:

Happy days to (Retirement):

OUR PEOPLE

R.S. Vaidya.

HEAVY ENGINEERING: F.J.

D’Mello, N. Raveendradoss, Ashish

P. Chonkar, Shailesh A. Joshi,

Abhay A. Chalke, Girish K. Kelekar,

Farhaad J. Unvala.

POWER DEVELOPMENT BUSINESS: S. Ekambaram, Hussain G. Syed Althaf.

EWAC: Sanjeev Singhal.

15 Years

HO - SECRETARIAL DEPARTMENT: N. Hariharan.

l&t shareholders laud commendable performance in ... letters...

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