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L&T executes guarantees in favour of subsidiaries

Larsen and Toubro Ltd has on March 28, 2023, executed parent company guarantees in favour of Air Products Equipment Ltd and Air Products Middle East Industrial Gases LLC for Neom Green Hydrogen Projects.

Products-middle-east-industrial-gases
Neom-green-hydrogen
Larsen-toubro-saudi-arabia
Toubro-ltd
Larsen-toubro
Products-equipment
Larsen-toubro-international
Air-products-equipment-limited
Air-products-middle-east-industrial-gases
Neom-green-hydrogen-projects
Toubro-international

oPRO.ai raises Series A Investment to accelerate the adoption of AI-powered process control automation

oPRO.ai has secured funding to deliver AI software automation applications in the oil & gas, petrochemical, chemical, metal and mining, and related industries

Oklahoma
United-states
Houston
Texas
Larsen-toubro
Tr-shankar-raman
Rob-christenson
It-innovation-fund
Business-services
Clt-group
Larsen-toubro-international
Lt-innovation-fund

L&T arm to acquire stake in OPRO.AI Inc

Larsen & Toubro International FZE, a wholly owned subsidiary of Larsen & Toubro Limited has entered into a Share Purchase Agreement on December 8, 2022, to purchase stake in OPRO.AI INC., a Delaware Corporation.

Delaware
United-states
State-of-delaware
Opro-ai-inc
Larsen-toubro
Larsen-toubro-limited
Larsen-toubro-international
Delaware-corporation
Toubro-limited
Share-purchase-agreement
Preferred-stock

L&T arm acquires Intelliflux Controls Inc

L&T arm acquires Intelliflux Controls Inc
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Delaware
United-states
Larsen-toubro
Larsen-toubro-limited
Larsen-toubro-international
Intelliflux-controls
Delaware-corporation
Intelliflux-controls-inc
Time-zone
Toubro-limited
Share-purchase-agreement

Market reverses initial losses amid volatility; breadth strong

Volatility struck bourses in early trade as the key benchmark indices regained positive zone soon after opening lower. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 47.04 points or 0.09% at 50,240.37. The Nifty 50 index was up 21 points or 0.14% at 15,129.10. The S&P BSE Mid-Cap index was up 0.82%. The S&P BSE Small-Cap index was up 0.69%. The market breadth, indicating the overall health of the market, is strong. On the BSE, 1573 shares rose and 673 shares fell. A total of 106 shares were unchanged. Stocks in news: Tata Motors lost 4.86%. On a consolidated basis, Tata Motors reported net loss of Rs 7,605.40 crore in Q4 FY21 lower than net loss of Rs 9,894.25 crore in Q4 FY20. Total revenue from operations during the quarter increased 41.8% year-on-year (YoY) to Rs 88,627.90 crore in Q4 FY21.

China
Delaware
United-states
Hong-kong
South-korea
Larsen-toubro
Axis-bank
Torrent-pharmaceuticals
Hydro-energy
Delaware-corporation
Unit-trust-of-india
Tata-motors

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