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L&T may split CMD's post to give Naik non-exec role
A M Naik will retire from Larsen & Toubro in April as scheduled, but the chairman & managing director’s 47-year stint with India’s largest engineering and construction company is unlikely to get over in a hurry.
After nine long years, the top job may be split into two: that of chairman and CEO. Sources familiar with the developments say on turning 70 this year, Naik is likely to become
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