Indian Market

L&T Semiconductor Acquires SiliConch

L&T Semiconductor Acquires SiliConch for Rs 133 Crore to Strengthen Chip Design Capabilities

L&T Semiconductor Tech, a wholly owned subsidiary of Larsen & Toubro (L&T), has announced its acquisition of SiliConch Systems, a fabless semiconductor design company. The acquisition deal is valued at Rs 133 crore upfront, with an additional deferred payment of Rs 50 crore to be made over the next four years, according to an exchange […]

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L&T Secures Mega Solar PV Orders in the Middle East

Larsen and Toubro Ltd. (L&T) announced that its renewable energy arm has secured ‘mega’ orders from a leading developer in the Middle East to construct two gigawatt-scale solar PV plants with a cumulative capacity of 3.5 GW. L&T classifies ‘mega’ orders as those ranging from ₹10,000 crore to ₹15,000 crore. The project scope includes grid

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SEBI Conducting ‘Surprise’ Inspections, Gathering Info on Deals, Trades, Brokers; Leading Mutual Funds Under Radar: Report

SEBI Conducting ‘Surprise’ Inspections, Gathering Info on Deals, Trades, Brokers; Leading Mutual Funds Under Radar

The Securities and Exchange Board of India (SEBI) has recently intensified its regulatory efforts by conducting surprise inspections on several brokers and mutual funds involved in block deals and concurrent trades. These inspections are part of a broader initiative to curb market malpractices and ensure greater transparency in trading activities. SEBI’s actions come in response

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