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L&T Technology bags multi-million dollar contract

Press Trust of India  |  New Delhi 

Technology Services, an arm of engineering giant Larsen and Toubro, today said it has secured a multi-million dollar contract from a large global semi-conductor company to provide verification support on their expansive portfolio of offerings and products.

"This strategic tie-up between the two companies will enable the customer to strengthen its product offering and capitalise on market opportunities with superior quality products," Tech said in a filing.

"We have been awarded a multi-year partnership with one of the world's most respected technology companies. We will continue to provide cutting edge services and solutions to global customers," Tech CEO & MD Keshab Panda said.

Technology Services Rs 900 crore IPO has hit the market September this year.

Shares of Tech were trading 0.79 per cent higher at Rs 857.90 on the

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 19 2016. 11:57 IST