Page 6 - L&t

Semicon 2.0 scheme to raise subsidies; large chip design firms to benefit

Under the Semiconductor Incentive Scheme 2.0, the subsidy amount is likely to increase beyond the current limit

L&T joins semiconductor race, to create chip firm and invest over $300 mn

The tech-to-construction company will spend the money over three years to establish a fabless chipmaker, which designs and sells semiconductors but contracts out their production

L&T Semiconductor Technologies, IBM ink pact to develop advanced processors

Under the collab, both IBM and L&T Semiconductor Technologies anticipate focusing on innovation, functionality, and performance to enable reliable, secure, and scalable computing for range of apps

L&T Semiconductor, C-DAC sign pact to jointly work on indigenous chip tech

L&T Semiconductor Technologies has signed a memorandum of understanding with government-backed Centre for Development of Advanced Computing for jointly working to develop local chip technology and the ecosystem around it, according to a statement on Wednesday. The MoU will focus on a comprehensive framework for collaborative research, development, and training initiatives, with an emphasis on the creation of Make-in-India Integrated Circuit (IC), System-on-Chip (SoC) and Electronics System Design & Manufacturing (ESDM) solutions for automotive, industrial, and energy applications, the semiconductor company said. "The signing of this MoU between L&T Semiconductor Technologies and C-DAC indicates the government's commitment to fostering public-private partnerships that drive innovation and economic growth," Ministry of Electronics and IT, Group Coordinator, Sunit Verma, was quoted as saying in the statement. This collaboration not only underscores the importance of ...

L&T Semiconductor to sign contracts with 6 automobile companies by Sept

BENGALURU (Reuters) - India's L&T Semiconductor Technologies will sign contracts with six automobile companies by the end of September, making them its first clients, the company's chief executive said on Tuesday.

L&T gains 3% on winning large orders; rallies 8% in 3 days post Q1 results

L&T share price had hit a record high of Rs 3,948.60 on June 3, 2024. Meanwhile, The management maintained its guidance of 15 per cent revenue growth and 10 per cent order inflow on the higher base of

L&T likely to outperform guidance after strong Q1 FY25 performance

Assuming valuations at around 30 times price-to-earnings and valuing holdings in listed subsidiaries at a discount of 25% to fair-value, there could still be an upside of 15-20%

L&T Q1FY25 analysis: Analysts eye order execution post strong June quarter

Shares of Larsen and Toubro rose 2.46 per cent at Rs 3606.25 per share on the BSE in Thursday's intraday trade

Stocks to Watch, July 25: Axis Bk, LT, RBL Bk, BSE, Nestle, IGL, Canara Bk

Stocks to Watch today, July 25, 2024: Axis Bank ADRs fell 4.5 per cent overnight in US markets. Meanwhile, RBL Bank counter is expected to see a block deal today

L&T brass puts shareholders at ease on infrastructure, labour woes

L&T also made headlines last month over the chairman's public comment that the company was facing a shortage of about 30,000 workers

With geo-political concerns, engg firms nudge suppliers to 'Make in India'

These firms are either tying up with Indian entities of their foreign suppliers, or urging foreign suppliers to set shop in India

L&T share price gains after bagging large offshore order from ONGC

Shares of Larsen and Toubro (L&T) soared 2.3 per cent at Rs 3716.80 per share on the BSE in Thursday's intraday trade

Stocks to Watch, June 12:L&T, Cipla, Patanjali Foods, TCS, TVS Supply Chain

Stocks to Watch on Wednesday, June 12: L&T expects private capex to pick up gradually post general elections in India in FY25.

Sensex plunges over 5,000 points intraday; check factors behind the fall

The sharp drop was primarily driven by uncertainty surrounding the outcome of the Lok Sabha 2024 election results

Larsen & Toubro rallies 3% on strong outlook; stock surges 14% in 3 weeks

L&T share: Focus on lower balance sheet intensity, restructuring of metro project and focus on cash flows will drive rerating for the stock

L&T stock remains on analysts' hotlist despite guidance worries

The company has cut its margin guidance due to higher share of fixed-price contracts, supply chain issues, and geopolitical uncertainties

New projects to pick up pace after govt formation: L&T's R Shankar Raman

The infrastructure projects have created vibrancy in the system and have attracted a lot of foreign technology and capital, said Raman

Case registered against Cognizant, L&T, unknown govt officials for bribery

The Anti-Corruption Bureau (ACB) of Maharashtra Police has registered an offence against officials of IT major Cognizant Technologies, Larsen & Toubro (L&T) and unknown government officials in an alleged USD 7,70,00 bribery case. On April 19, the sessions court here had directed the ACB to investigate allegations against Cognizant Technologies that it paid a bribe through its construction contractor (L&T) to local government officials to secure necessary permits and environmental clearances for its campus at Hinjawadi on the city's outskirts between 2013 and 2014. The offence was registered against officials of Cognizant Technologies; Manikandan Rammurthy, former vice president (administration and real estate officer, Cognizant, India), then officials of L&T, and unknown government officials who had accepted the bribe under the Prevention of Corruption Act, the ACB said in a release. The court had passed the order on April 19 on a complaint filed by Delhi-based ...

L&T Q4 results: Profit rises 10% to Rs 4,396 crore, beats estimates

Revenue for L&T also rises 15 per cent year-on-year (YoY) to Rs 67,079 crore

L&T Q4 results: Net profit rises 10% to Rs 4,396 cr, revenue up 15%

The company board has recommended a final dividend of Rs 28 per equity share. Shares of the company closed trading at Rs 3,485.2 on the BSE ahead of the company's Q4 results