Otis India to supply elevators to Statue of Unity

Otis India is providing the vertical transport solutions for The Statue of Unity, the company said in a statement. Named the world’s tallest statue standing at a height of 182m and spread over 20,000 sqm, the statue will have Read more


Schneider Electric reaches agreement to acquire L&T-Electrical & Automation

Schneider Electric, in partnership with Singapore-headquartered investment company Temasek, has reached an agreement to buy the Electrical & Automation (E&A) business of Larsen & Toubro. Both Schneider Electric and Larsen & Toubro made independent official statements to this Read more

ITI outbids Larsen & Toubro in reverse auction of mega smart meter tender

Central public sector unit ITI Ltd has emerged as the lowest (L1) bidder in the reverse auction conducted by Energy Efficiency Services Ltd (EESL) for the mega procurement drive of single-phase smart meters. Before the Read more

L&T puts winning bid for mega smart meter tender

Larsen & Toubro (L&T) has emerged as the lowest bidder of the tender issued by Energy Efficiency Services Ltd (EESL) to procure 50 lakh smart meters. With a quote of Rs.2,722 per single-phase smart meter, L&T won the tender Read more