Tag: Electronics & Semiconductors

₹14,000-crore deal gets regulatory approvals L&T has divested its Electrical & Automation Business to Schneider Electric for an all-cash consideration of ₹14,000 crore. The deal, which was announced in May 2018, was a complex one and the regulatory approvals have finally come through. The deal is also expected to add to its operating cash flow […]

Schneider Electric completes transaction to combine its Low Voltage and Industrial Automation business in India with Larsen & Toubro’s Electrical & Automation businessKolkata, Aug 31 (UNI) In line  with the Company’s vision to further reinforce  its presence in India, Schneider Electric – the global leader in digital transformation of energy management and automation, today shared, […]

Larsen & Toubro has announced the much awaited closure of its deal to sell its electrical and automation business to France headquartered-Schneider Electric, after the two companies announced the Rs 14,000 crore-deal in May 2018. The Covid-18 pandemic had disrupted the closure of this deal which was earlier expected to be concluded in early 2020. […]

School Superintendents of Alabama (SSA) and Schneider Electric, an SSA Diamond Level Business Member, are proud to announce the school superintendents who are finalists for the Alabama 2021 Superintendent of the Year. The Superintendent of the Year finalists include: from District 1, Mr. Chresal Threadgill, Mobile County; District 2, Mr. Luke Hallmark, Marengo County; District […]

Schneider Electric is installing a site-wide supervisory control and data acquisition management solution at Qatar Foundation’s Education City.  The technology will be implemented across every large building on campus, 42 in all, and will give Qatar Foundation’s operations and security teams a single, centralised platform to manage a number of processes across Education City, including […]

To understand the movement of the microgrid industry, its instructive to watch it’s large players, particularly, right now, Schneider Electric. The company has been navigating the industry’s tributaries for the last five years and seems to be signaling it sees an ocean ahead. The signal came in the form of Schneider’s mid-August announcement of a […]

The deal, which was first announced in May 2018, is worth Rs 14,000 crore and is one of L&T’s biggest divestment so far by value Engineering conglomerate Larsen & Toubro (L&T) on Monday announced completion of the sale of its electrical and automation (E&A) business to Schneider Electric. The deal was first announced in May […]

Walmart Inc. and Schneider Electric, a leader in the digital transformation of energy management and automation, have announced a new collaboration that will provide increased access to renewable energy for Walmart’s US-based suppliers, enabling them to lead on climate action. The initiative, called the Gigaton PPA (GPPA) Programme, is designed to educate Walmart suppliers about […]

Schneider Electric Infrastructure rose 2.93% to Rs 79, ending its four days losing streak. The stock lost nearly 10% in last four trading sessions from its previous closing high of Rs 85.20 hit on 3 September 2020. Schneider Electric in its AGM yesterday approved the appointment of Namrata Kaul as independent director of the company […]

New initiative seeks to add renewable generation capacity to the U.S. grid by creating greater access to large-scale, renewable energy as part of Walmart’s Project Gigaton. Walmart Inc. and Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a new collaboration that will provide increased access to renewable energy […]