L&T has embraced artificial intelligence and other emerging technologies in its digital journey that broadly revolves around materials, machines, and people
Reliance Industries Ltd (RIL), Larsen and Toubro (L&T), Greenko Group, and Welspun New Energy are planning to establish green hydrogen and green ammonia units at Gujarats Deendayal Port Authority (DPA) in Kandla, according to informed sources. The project, estimated to attract investments up to Rs 1 lakh crore, marks one of the largest investments in India s energy infrastructure.
Germany s Ambassador to India, Philipp Ackerman, has expressed full support for the negotiations between the German firm Thyssenkrupp Marine Systems and the Indian Navy for Project 75 India, which aims to build six new conventional submarines. The project, worth over six billion euros, is a key element of Germany s business strategy in Asia, aimed at diversifying its business relations due to various reasons, including the challenging behavior of India s northern neighbor. Germany is committed to teaming up with an Indian dockyard to build high-tech submarines in India, accelerating the defense partnership between the two countries.
L&T March futures are up nearly 1 percent, while cumulative open interest across current, next, and far series has dropped by 3.31 percent, signalling widespread short covering
The United Kingdom s Littoral Response Group (LRG) arrived in Chennai for maintenance, marking the first time a Royal Navy vessel will undergo maintenance at an Indian shipyard, as per the UK-India logistics-sharing agreement. This highlights the growing strategic partnership between the two countries in the Indo-Pacific region. The LRG will later operate in the Indo-Pacific for training, exercises, and engagement with allies and partners. The visit follows Defence Minister Rajnath Singh s UK trip, where India and the UK agreed to enhance defence cooperation and conduct joint military exercises.