 "L&T gains as arm gets CCI nod to acquire engineering biz of Dell")
The proposed transaction will significantly dirve forward L&T Technology Services'position as a premier Engineering Services provider by adding local delivery centres in North America. Dell Engineering Services also has delivery centres in Hyderabad and Bangalore in India, L&T said in a release.
This proposed acquisition enables L&T Technology Service to consolidate its position as preferred vendor in the US $4 billion Tranportation ER&D market, the release said.
The stock opened at Rs 1,405 and touched a high of Rs 1,450 so far. Over 620,000 shares were traded on both the stock exchanges so far.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%