L&t Ltts
L&T Technology Services dips 5% on plans to buy SWC biz from parent L&T
LTTS said that it has agreed to acquire the Smart World & Communications business (SWC) of its parent company Larsen & Toubro (L&T) by way of slump sale for Rs 800 crore.
 "L&T Technology Services dips 5% on plans to buy SWC biz from parent L&T")
LTTS joins hands with Qualcomm for solutions in 5G private network industry
L&T Technology Services Limited announced on Friday it is collaborating with Qualcomm Technologies, Inc. to deploy end-to-end solutions for the global 5G private network industry utilising their combined core expertise in the hi-tech & telecommunication domain. LTTS and Qualcomm will bring together core competencies in telecommunication solutions and services for the benefit of end-customers in the manufacturing and warehousing/ logistics sector, an LTTS statement said. As part of the proposed collaboration, Qualcomm will engage Private Networks RAN Automation technology for the automation and management of small cells along with pre-integrated PN solutions. LTTS will facilitate end-to-end system integration, design, and implementation of use cases, provide engineering consulting, and deployment services along with edge-to-cloud orchestration and management. In line with the terms of the collaboration, LTTS will establish an engineering centre of excellence in Santa Clara with
 "LTTS joins hands with Qualcomm for solutions in 5G private network industry")
In a first, US Navy ship arrives for repair at L&T shipyard in TN
In a leg-up to the Indo-US strategic partnership, US navy ship Charles Drew on Sunday arrived at Larsen and Toubro shipyard at Kattupalli here for undergoing repairs and allied services. According to an official release, the US Navy had awarded a contract to the L&T Shipyard for undertaking maintenance of the ship. The event signifies the capabilities of the country's shipyards in the global ship repairing market. Indian shipyards offer wide ranging and cost-effective ship repair and maintenance services, using advanced maritime technology platforms. United States' Military Sealift Command's Lewis and Clark-class dry cargo ship USNS Charles Drew provides critical support to the U.S. Navy fleet operating in the Indo-Pacific Region, it said. Defence Secretary Ajay Kumar, Vice Chief of Naval Staff Vice Admiral SN Ghormade, Flag Officer Commanding Tamil Nadu & Puducherry Naval Area Rear Admiral S Venkat Raman and other senior officials of Ministry of Defence visited the shipyard .
 "In a first, US Navy ship arrives for repair at L&T shipyard in TN")
L&T Tech Services Q1FY23 net up 27% YoY to Rs 274 cr amid surge in deals
Margins were better managed despite a higher attrition of 23.2% in Q1, up from 20.4% in Q4FY22
 "L&T Tech Services Q1FY23 net up 27% YoY to Rs 274 cr amid surge in deals")
TCS, L&T Infotech: IT stocks are best bets amid current uncertainty
Stocks like TCS and LTTS may explore uncharted territories in current market volatility
 "TCS, L&T Infotech: IT stocks are best bets amid current uncertainty")
LTTS wins $50 mn contract from global aerospace electronics manufacturer
The project with LTTS will result in transformation of the customer's operations into a managed services model
 "LTTS wins $50 mn contract from global aerospace electronics manufacturer")
