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 […]
Tag: Public Affairs
Walmart and Schneider Electric collaborate on climate action
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 snaps four day losing streak
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 […]
Walmart and Schneider Electric Announce Groundbreaking Collaboration to Help Suppliers Access Renewable Energy
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 […]
Anti-Bacterial and Self-Disinfecting Switches & Sockets from Schneider Electric
Schneider Electric, the leader in digital transformation of energy management and automation, today announced the launch of its anti-bacterial and self-disinfecting switches and sockets under its Livia product range. Powered by the Silver Ion technology which can kill over 99.9% bacteria and fungi, these products have been conceptualised and manufactured in India as a part […]
L&T completes divestment of electrical, automation business to Schneider Electric
With this, about 5,000 employees of Larsen and Toubro’s electrical and automation business will be integrated with Schneider Electric’s over 2,000 employees. Engineering and construction giant Larsen and Toubro on Monday said it has completed the strategic divestment of its electrical and automation business to Schneider Electric. The move will see India becoming the third largest country in terms […]
Schneider Electric launched ‘Made In India’ anti-bacterial & self-disinfecting switches, sockets
Meeting international standards of testing, this antibacterial range of products self-disinfects its surface throughout its lifespan and uses Silver Ion technology which incorporates anti-bacterial additive compounds in the products inhibiting the growth of bacteria and fungi on frequently touched switches and cover frames. Schneider Electric, the leader in the digital transformation of energy management and automation, today […]
Schneider Electric implements Site-Wide SCADA System for Qatar Foundation’s Education City
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, centralized platform to manage a number of processes across Education City, including […]
L&T Sells its Electrical and Automation Business to Schneider Electric
Schneider Electric will own a 65% stake in the combined business, and Temasek will hold the rest Larsen & Turbo (L&T) announced that it divested its electrical and automation (E&A) business to European energy and automation company Schneider Electric. Schneider Electric will own a 65% stake in the combined business – Schneider Electric India Private […]
Michael Kelso Releases His Latest Novel Titled “Endzone”
Talented self-published author and poet, Michael Kelso, talks about the downfall of professional football in his new novel titled “Endzone” “Endzone” is the first novel from Michael Kelso, as the author of a published crime fiction novel and several self-published horror short story collections delves into the world of sports by exploring the seemingly dark […]