L&T Tech Svcs buys Bangalore-based Graphene Semiconductor Services

L&T Tech Svcs buys Bangalore-based Graphene Semiconductor Services

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Engineering outsourcing company L&T Technology Services said it has agreed to acquire 100% of Bangalore-based semiconductor services firm Graphene for an undisclosed amount. The all-cash transaction is expected to be complete by October, it said. Graphene Semiconductor Services Private Limited is one…

India Ratings gives AAA rating to Motherson Sumi

India Ratings gives AAA rating to Motherson Sumi

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Credit rating agency India Ratings and Research has awarded its top AAA rating to Motherson Sumi Systems, the auto components manufacturer said. Ind-Ra, a unit of global rating agency Fitch, took into consideration the company’s strong trackrecord and diversified client-based to issue…