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semiconductor: L&T ventures into fabless semiconductor chip design, to invest Rs 830 crore

Infrastructure giant L&T is making a significant move into the semiconductor industry. Their board has granted approval for the establishment of a wholly owned subsidiary focused on the business of fabless semiconductor chip design and product ownership. This strategic decision marks L&T s entry into a new and dynamic sector, highlighting their commitment to diversification and innovation.

Bank of Maharashtra allots Rs 880 crore worth bonds

Bank of Maharashtra has allotted Basel III Compliant Additional Tier 1 Bonds amounting to Rs.880/- crore.

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