Financial Daily from THE HINDU group of publications
Monday, Jul 28, 2003
Financial Daily from THE HINDU group of publications Monday, Jul 28, 2003 |
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People Corporate - People L&T co-founder Holck-Larsen dead Our Bureau
Mumbai , July 27 MR Henning Holck-Larsen, co-founder and Chairman Emeritus of Larsen & Toubro Ltd (L&T), passed away at the Breach Candy hospital here today, after a brief illness. He was 96. Mr Holck-Larsen had not been keeping well for the last couple of months and was admitted to hospital two weeks ago. He is survived by a daughter, based in London. The funeral is slated for tomorrow.
He and his former schoolmate, Mr Soren Kristian Toubro, joined the same company — F.L. Smidth — Mr Toubro reaching India first in 1933-34. Mr Holck-Larsen followed in 1935 to submit a report on India's cement sector, a reported fallout of which was the rise of Associated Cement Companies (ACC).
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