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<ul><li><keyword id="2535680" type="General" weightage="20" keywordseo="LT-Technology" source="Orion">L&amp;T Technology</keyword> Services Limited on Wednesday reported 22 per cent revenue <keyword id="42546" type="General" weightage="20" keywordseo="growth" source="Orion">growth</keyword>.</li><li>For the fourth quarter of FY23, the pure-play engineering services company recorded Rs 2,096 crore, a growth of 19 per cent YoY.</li></ul>New Delhi, L&amp;T Technology Services Limited on Wednesday reported 22 per cent revenue growth at Rs 8,014 crore for the FY23. The net <keyword id="6362247" type="General" weightage="20" keywordseo="profit" source="Orion">profit</keyword> for the fiscal year was Rs 1,170 crore, also a 22 per cent jump (on-year). For the fourth quarter of FY23, the pure-play engineering services company recorded Rs 2,096 crore, a growth of 19 per cent YoY, with a net profit of more than Rs 309 crore, a 18 per cent growth. During the quarter, LTTS won a $40 million deal and three $10 million plus total contract value (TCV) deals. "FY23 was a landmark year for us as we crossed a billion dollars in revenue run rate and Rs 1,000 crore in annual profits. Our EBIT margin was the highest ever at 18.5 per cent driven by a strong focus on building a robust and sustainable operating model," said Amit Chadha, CEO and Managing Director, L&amp;T Technology Services Ltd. The combination of steady growth and expanding operating margin has led to an 18 per cent CAGR in profits over the last 5 years, he added. At the end of Q4 FY23, the patents portfolio of L&amp;T Technology Services stood at 1,090, out of which 727 are co-authored with its customers and the rest are filed by LTTS. The company currently has 22,233 employees. LTTS's customer base includes 69 Fortune 500 companies and 57 of the world's top ER&amp;D companies, across industrial products, medical devices, transportation, telecom &amp; hi-tech, and the process industries. "We are optimistic about the future and look for another year of strong growth as we partner with the top ER&amp;D companies globally in developing next generation products", said Chadha. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/the-best-vpns-to-safeguard-your-online-privacy-and-security-in-india/articleshow/99727397.cms">The best VPNs to safeguard your online privacy and security in India</a> <a href="https://www.businessinsider.in/tech/news/formerly-barred-from-pharma-industry-entrepreneur-develops-ai-tool-using-chatgpt-to-cut-down-hospital-runs/articleshow/99662101.cms">Formerly barred from pharma industry, entrepreneur develops AI tool using ChatGPT to cut down hospital runs</a>

L&T Technology Services logs 22% growth in revenue, net profit in FY23

<ul><li>Shares of <keyword id="2535680" type="PERSON" weightage="20" keywordseo="LT-Technology">L&amp;T Technology</keyword> Services touched its record high mark of ₹3,447 on July 15.</li><li>The engineering services company delivered 84% year on year growth in net profit to ₹216 crore.</li><li>The company filed 23 patents in the June quarter.</li></ul>Shares of L&amp;T Technology Services, the engineering services arm of India’s largest construction company, surged 18% in a single day as investors celebrated the exemplary performance by the company in June quarter. The company reported 85% year on year growth in its net profit to ₹216 crore and 17% on year growth in revenue to ₹1,518 crore. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Financials </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Apr-Jun 2021 (in rupee crores) </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Jan-Mar 2021 (in rupee crores) </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">1,518 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">1440 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Net income </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">216 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">194 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Gross profit </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">506 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">465 </td></tr></tbody></table> The strong quarter performance was supported by a huge deal win and good growth in digital engineering revenues. The company won 11 large deals across 5 segments -- transportation, industrial products, telecom and hi-tech, plant engineering and medical devices. “Digital transformation deals now account for 54% of our revenue. Our strong growth foundation in the digital transformation domain enables newer opportunities for us. FY22 will be about relooking at our offerings and portfolios to resonate with the needs of the modern world,” the company said on <a href="https://twitter.com/LnTTechservices/status/1415304700652576769">Twitter</a>. <div type="image" title="L&amp;amp;T Tech stock" height="900" width="1200" msid="84437562" hostid="261"></div> Moreover, the company has filed 23 patents in the June quarter. At the end of the first quarter, the patents portfolio of L&amp;T Technology Services stood at 719, out of which 531 are co-authored with its customers and the rest are filed by the company. The engineering services company relies on a combination of patent, copyright and trademark laws, trade secrets, confidentiality procedures and contractual provisions to protect its intellectual property. “We started the new fiscal with a strong performance, despite the pandemic related challenges during the quarter. In Q1, we got our revenue back on the double-digit growth trajectory and marked four consecutive quarters of operating margin improvement. The deal pipeline is healthy across segments, and we expect broad based growth to continue. Our innovation engine is matching the pace of our growth as we filed a record 23 patents in Q1,” said Amit Chadha, chief executive officer and managing director of L&amp;T Technology Services in June quarter release. Further, the company looks to scale its operations in 6 areas -- automated electric vehicles, medical technologies, digital manufacturing, artificial intelligence and machine learning, and sustainability. At the end of June quarter, the company had an employee strength of 16,972. At 2:11 p.m., on July 15, shares of the company were trading 18% higher at ₹3,440. SEE ALSO: <a href="https://www.businessinsider.in/business/news/merus-plea-against-uber-abusing-its-dominant-status-rejected-by-cci/articleshow/84434982.cms">Meru’s plea against Uber abusing its dominant status rejected by CCI </a> <a href="https://www.businessinsider.in/business/corporates/news/just-dial-share-price-surge-as-mukesh-ambani-is-looking-to-buy-just-dial/articleshow/84432450.cms">As Mukesh Ambani reportedly dials in, Just Dial stocks surge 3% </a> <a href="https://www.businessinsider.in/business/startups/news/pubg-developer-krafton-is-going-to-help-indian-storytelling-platform-pratilipi-to-turn-a-few-stories-into-games/articleshow/84430517.cms">PUBG developer Krafton is going to help Indian storytelling platform Pratilipi to turn a few stories into games </a>

L&T Technology Services gains more than 18% in a day on strong financials

<ul class="summary-list"><li><keyword id="19895159" type="General" weightage="20" keywordseo="Russia" source="keywords">Russia</keyword> and <keyword id="19894886" type="General" weightage="20" keywordseo="China" source="keywords">China</keyword> are investigating ways to disable <keyword id="21403350" type="General" weightage="100" keywordseo="US-satellites" source="keywords">US satellites</keyword>, raising defense concerns.</li><li>China is testing <keyword id="21403351" type="General" weightage="20" keywordseo="satellite-grappling-technology" source="keywords">satellite grappling technology</keyword> that can move objects in space without debris.</li></ul>Russia and China appear to be actively looking into ways to watch and potentially incapacitate US satellites in space, and defense analysts are concerned. "China and Russia are both operating satellites that attempt to better understand high-value U.S. government satellites" and engaging in other alarming activities, analysts at the Washington-based Center for Strategic and International Studies said in the think tank's 2024 <a target="_blank" href="https://csis-website-prod.s3.amazonaws.com/s3fs-public/2024-04/240417_Swope_Space_Threat_0.pdf?VersionId=DDeJ0EkYnF5W7POfMJHVGjkxEVeTx3o0">Space Threat Assessment</a> report. "These developments are concerning and will likely continue in the coming years." "Both Russia and China routinely <a target="_blank" href="https://www.businessinsider.com/russia-conducts-space-based-anti-satellite-weapons-test-2020-7">maneuver their satellites near Western government and commercial satellites</a>, sometimes remaining close by for months at a time," the report's six expert authors said. China has been testing technology and mechanisms that allow satellites to grapple onto other satellites. Analysts at CSIS drew this conclusion after it was reported that China successfully used its SJ-21 satellite to grapple and direct an inoperative satellite to a new location in orbit. The potential grappler satellites China could be testing have an "unfriendly" connotation as they are capable of hijacking and moving objects like satellites in space "without generating any debris." In a February hearing, US Space Command leader Gen. Stephen Whiting described the pace of<a target="_blank" href="https://www.businessinsider.com/space-race-anti-satellite-china-russia-war-us-2017-07"> China's space expansion</a> as "breathtaking." Beijing, Whiting <a target="_blank" href="https://www.armed-services.senate.gov/imo/media/doc/whiting_statement.pdf">said</a>, is "growing its military space and counterspace capabilities at breathtaking pace to deny American and Allied space capabilities when they so choose." Russia likely has at least two satellites conducting "an espionage mission but may also perform other functions." Experts also believe that at points within the past decade, Russia has tested projectile weapons to be used in Low Earth orbit. "All of these unfriendly behaviors in space have become commonplace," the analysts wrote. And earlier this year, the White House sounded alarms about a Russian system that US officials told reporters involved putting some sort of <a target="_blank" href="https://www.businessinsider.com/russia-could-blind-us-with-nuclear-space-weapon-ex-cia-director-2024-2">nuclear capability into outer space</a>. Security experts have often said that China and Russia would <a target="_blank" href="https://www.economist.com/international/2024/01/31/america-china-and-russia-are-locked-in-a-new-struggle-over-space?utm_medium=affiliates.content.pd&amp;utm_source=Skimbit%20Ltd.&amp;utm_campaign=16002&amp;utm_content=Online%20Tracking%20Link&amp;irclickid=0mlX%3AH0zGxyKU3LyIL0hGyY4UkHWe6VvgwKm0g0&amp;channel=Impact&amp;irgwc=1">take down</a> satellites as their first course of action in the event of war. The US currently has thousands of satellites in space. Some are capable of tracking ballistic missile threats, some serve commercial endeavors, others provide critical GPS services, and others gather intelligence. These satellites serve US economic and national security interests, and in a great power conflict, these space assets are critical. But they're at risk as rivals China and Russia advance their respective counterspace capabilities. A senior Marine Corps officer in information, Lt. Gen. Matthew Glavy, warned last year that the <a target="_blank" href="https://www.businessinsider.com/us-must-control-space-in-future-wars-top-marine-general-2023-12">US has to be ready for challenges in space</a>. "I'm telling you right now: We don't win the space domain? Don't even bother," he said. "No space, no chance."

US satellites could face threat from Russia and China's 'unfriendly' space behavior, warn defense analysts

India Business Wire India Q4 <keyword id="45663" type="ORGANIZATION" weightage="20" keywordseo="Revenue">Revenue</keyword> of 197.5mn, up 4% QoQ Q4 Net profit of ₹195 crore, up 5% QoQ <keyword id="1380245" type="COMPANY" weightage="20" keywordseo="LT-Technology-Services">L&amp;T Technology Services</keyword> Limited (BSE: 540115, NSE: LTTS), India's leading pure-play engineering services company, announced its results for the fourth quarter and full year ended March 31, 2021. Highlights for Q4FY21 include: Revenue at ₹14,405 million; growth of 2.8% QoQ <keyword id="54123" type="COMPANY" weightage="20" keywordseo="USD">USD</keyword> Revenue at 197.5 million; growth of 3.9% QoQ EBIT margin at 16.6%; up 140 bps QoQ Net profit at ₹1,945 million; growth of 4.5% QoQ Highlights for FY21 include: Revenue at ₹54,497 million; decline of 3% USD Revenue at 737 million; decline of 6.3% EBIT margin at 14.5% Net profit at ₹6,633 million; decline of 19% Board has recommended a final dividend of ₹14.50 per share During the quarter, LTTS won 6 deals with TCV of USD10 million plus, which includes 2 USD25 million plus deals. Revenues from digital and leading-edge technologies stood at 52% during the quarter. We are exiting FY21 on an optimistic note post three consecutive quarters of strong deal wins and sequential revenue and operating margin improvement. The annual free cash flow generation at ₹1,252 crores was at a record high. I am happy to note that in Q4, our revenue is back on the positive year-over-year growth path. We are seeing healthy deal win closures and pipeline build up as customers look for innovation and digital led transformation to strengthen their market positioning. Across all our five segments, we are investing in disruptive technologies and design labs to further the growth. As we continue to execute in an environment made difficult by Covid uncertainties, I would like to thank our employees for their commitment, customer focus and resilience that has helped us deepen strategic relationships, said Amit Chadha, CEO &amp; Managing Director, L&amp;T Technology Services Limited. Industry Recognitions: LTTS has been recognized as a Leader' for Development and Verification &amp; Validation services in Industry 4.0 by Everest Group ISG Group rated LTTS as Leader' in Smart Manufacturing Services for Automotive and Hi-Tech LTTS won the 2021 Big Innovation Awards, USA for Chest rAI and i-BEMS . For its Solar Electrification tribal village project, LTTS was conferred with the Mahatma Award for CSR Excellence. Patents At the end of the fourth quarter, the patents portfolio of L&amp;T Technology Services stood at 650, out of which 485 are co-authored with its customers and the remaining 165 have been filed by LTTS. Human Resources At the end of Q4FY21, LTTS' employee strength stood at 16,452. About L&amp;T Technology <keyword id="266374" type="DOMAIN" weightage="20" keywordseo="Services-Ltd">Services Ltd</keyword> L&amp;T Technology Services Limited (LTTS) is a listed subsidiary of <keyword id="689816" type="COMPANY" weightage="20" keywordseo="Larsen-Toubro-Limited">Larsen &amp; Toubro Limited</keyword> focused on Engineering and R&amp;D (ER&amp;D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 53 of the world's top ER&amp;D companies, across industrial products, medical devices, transportation, telecom &amp; hi-tech, and the process industries. Headquartered in India, we have over 16,400 employees spread across 17 global design centers, 28 global sales offices and 69 innovation labs as of March 31, 2021. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/the-designer-for-bentley-aston-martin-and-jaguar-will-now-work-on-ola-electric-new-models/articleshow/82383151.cms">The designer for Bentley, Aston Martin and Jaguar will now work on Ola Electric's new models</a> <a href="https://www.businessinsider.in/tech/apps/news/pubg-mobile-india-download-release-date-everything-we-know-so-far/articleshow/82383038.cms">PUBG Mobile India to relaunch as Battlegrounds Mobile India – here’s what we know so far</a> <a href="https://www.businessinsider.in/tech/apps/news/coders-are-coming-up-with-new-ways-to-check-for-covid-19-vaccination-slots-on-cowin/articleshow/82383284.cms">Indian coders are working around the CoWIN app to help people bag the elusive vaccine slots</a> <a href="https://www.businessinsider.in/tech/news/apple-analyst-predicts-an-8-inch-foldable-iphone-to-launch-in-2023/articleshow/82383566.cms">Apple analyst predicts an 8-inch foldable iPhone to launch in 2023</a>

L&T Tech announces dividend of ₹14.50  even as revenue for the year dips by 3%

<ul><li>The scope of the project involves design, supply, construction and testing, and commissioning of the depot.</li><li><keyword id="6354919" type="General" weightage="20" keywordseo="lt" source="Orion">L&amp;T</keyword> is an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It has operations in over 50 countries.</li><li>Shares of L&amp;T were trading marginally up by 0.06 per cent at ₹ 2,085.65 on <keyword id="35140" type="General" weightage="50" keywordseo="bse" source="Orion">BSE</keyword> in preclose session. </li></ul> <keyword id="147676" type="General" weightage="50" keywordseo="larsen" source="Orion">Larsen</keyword> and Toubro (L&amp;T) on Monday said it has bagged another "large" order in the proposed <keyword id="1025777" type="General" weightage="20" keywordseo="mumbai-ahmedabad" source="Orion">Mumbai-Ahmedabad</keyword> bullet train project from the National High-Speed Rail Corporation. The project involves commissioning of a depot spread over around 82 hectares in Gujarat, L&amp;T said in a filing to exchanges. Though the engineering and construction giant did not reveal the worth of the order, as per the project classification of the company, a large project falls in the range of ₹ 2,500 crore to ₹ 5,000 crore. "The buildings and factories business of L&amp;T Construction has secured an order from the <keyword id="6432751" type="General" weightage="20" keywordseo="national-high-speed-rail-corporation-limited" source="Orion">National High-Speed Rail Corporation Limited</keyword> (NHSRCL) to construct the Sabarmati Depot (MAHSR - D-2) in Gujarat for the (MAHSR project through a consortium led by <keyword id="1137882" type="General" weightage="50" keywordseo="sojitz-corporation" source="Orion">Sojitz Corporation</keyword>, Japan," it said. The scope of the project involves design, supply, construction and testing, and commissioning of the depot spread over approximately 82 hectares including various specialised equipment required to inspect and maintain the rolling stock based on the proven <keyword id="1932907" type="General" weightage="50" keywordseo="shinkansen" source="Orion">Shinkansen</keyword> technology and upon completion, will be the biggest depot in India for this purpose. L&amp;T is already executing civil viaduct and station packages (C4, C5 &amp; C6), special steel bridges packages P4(X) and P4 (Y), and ballastless track works for the bullet train project. L&amp;T is an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It has operations in over 50 countries. Shares of L&amp;T were trading marginally up by 0.06 per cent at ₹ 2,085.65 on BSE in preclose session. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/india-germany-ink-deal-on-comprehensive-migration-and-mobility-partnership/articleshow/96001711.cms">India, Germany ink deal on comprehensive migration and mobility partnership</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/kolkata-hyderabad-and-pune-remain-indias-most-affordable-residential-cities-jll/articleshow/96001910.cms">Kolkata, Hyderabad and Pune remain India’s most affordable residential cities: JLL</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/e-commerce-platform-carousell-lays-off-110-employees-to-reduce-costs/articleshow/95997109.cms">E-commerce platform Carousell lays off 110 employees to reduce costs</a>

L&T bags new large order in Mumbai-Ahmedabad bullet train project

New Delhi, Jan 17 () IT company L&amp;T Technology Services on Friday posted a 10 per cent rise in consolidated net profit at Rs 204 crore during the quarter ended December 31, 2019 mainly on account of business growth in North America.
 The company had posted a net profit of Rs 185.6 crore in the same period a year ago.
 "We had a strong performance in three segments - transportation, plant engineering, and medical devices that are each growing in excess of 20 per cent on year-on-year (YoY) basis. Digital and leading-edge technologies - the growth driver for ER&amp;D ( Engineering and R&amp;D), contributed to 41 per cent of third quarter revenues and grew by 29 per cent YoY," L&amp;T Technology Services Limited (LTTS) CEO and Managing Director Keshab Panda said in a statement.
 The company's revenue increased 8.1 per cent to Rs 1,423 crore in the quarter from Rs 1,316.9 crore in October-December 2018-19.
 "We are seeing a new set of opportunities as customers seek disruptive technologies like AI, sensor fusion and industrial robotics to strengthen their market competitiveness," Panda said.
 The company opened its 9th design center outside India, Aerospace and Defense Engineering Design Center in Rockford, Illinois (US), that will cater to the development of high-performance engineering solutions for the global aerospace and defence industry. The revenue of the company from telecom and high-tech segment declined 26.7 per cent on year-on-year basis.
 LTTS' revenue in North American market grew by 13.7 per cent, while it recorded dip in all other main markets. 
 The company's revenue in Europe and India declined by 6.3 per cent and 1.8 per cent, respectively.
 Onsite projects contributed 44 per cent to the total revenue of the company and the rest was from offshore projects.
 Shares of LTTS closed at Rs 1,634.8 apiece on the BSE on Friday, 1.15 per cent lower than the previous close. PRS RVK

L&T Technology Services Q3 net profit up 10 pc at Rs 204 cr

<ul><li><keyword id="6354919" type="General" weightage="80" keywordseo="lt" source="Orion">L&amp;T</keyword> is hiring women professionals who were on a career break due to any significant reason, under their new initiative called ‘Renew: Career re-entry for women’ across various domains.</li><li>The programme is strictly for women who were on a career break and now wish to step back into the job industry.</li><li>Check out the latest news and updates on <a href="https://www.businessinsider.in/">Business Insider</a>.</li></ul>Larsen and Toubro (L&amp;T), a Mumbai-based engineering, manufacturing and construction services conglomerate, is hiring women professionals who were on a career break due to any significant reason, under their new initiative called ‘Renew: Career re-entry for women’ across various domains. “Renew is an initiative, which stems from L&amp;T’s strong belief in diversity and equal career opportunities for all. It is aimed at providing a platform through which women professionals can re-enter the corporate world after a career break,” says the company on their official website. L&amp;T has a headcount of 50,000 people across the globe. The company also claims that their 50% of the workforce is under the age of 30 and every year inducts large batches of fresh engineering graduates. Who can apply under this programme? <ol><li>The programme is strictly for women who were on a career break and now wish to step back into the job industry. </li><li>Candidate should have done Bachelor’s in Engineering (B.E)/Bachelor’s in technology (B.Tech)/Master of Business Administration (MBA)/Bachelor of Legislative Law or Legum Baccalaureus (LLB)/Chartered Accountant (CA)/Institute of Cost and Works Accountants of India (ICWA) cleared in maximum 2 attempts. </li><li>These are the departments in which candidates can apply for -- Audit, Finance, Accounting, Engineering – Design, Project Management, Information Technology, Human Resource Management, Legal, and Corporate Social Responsibility (CSR). </li></ol>How the candidates will be selected under Renew: Career re-entry for women programme? <ol><li>Candidates who are interested in the opportunity will have to register on the <a href="https://www.larsentoubro.com/corporate/careers/renew-career-re-entry-for-women/">official website</a> and upload a copy of their updated resume. </li><li>Resumes received will undergo a round of internal screening. After screening, resumes will be shared with the concerned departments (this is subject to vacancies in the respective department at a given point in time). </li><li>Applicants whose resume clears the initial round of resume screening will go through a telephonic interview. </li><li>Candidates who have cleared the previous round will be invited for a round of interview with the respective hiring managers and the department heads. </li></ol>SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/hackers-are-stealing-two-factor-authentication-codes-by-using-voice-bots-that-sound-authentic/articleshow/87579105.cms">Hackers are stealing two-factor authentication codes by using voice bots that sound authentic</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/india-vs-namibia-at-t20-world-cup-virat-kohli-and-team-will-want-to-have-a-fitting-goodbye/slidelist/87579021.cms">India vs Namibia at T20 World Cup: Virat Kohli and team will want to have a fitting goodbye</a>

L&T invites applications from women professionals who wish to restart their careers after a break

<ul class="summary-list"><li>The IDF said Israel's new Eitan APC has performed its first combat missions in Gaza battling Hamas.</li><li>The Eitan carries 12 soldiers, including three crew, and uses Israel's latest defense technology.</li></ul>Israel has rushed its <a href="https://www.businessinsider.com/israel-hamas-war-weapons-may-be-used-gaza-ground-operation-2023-10">new high-tech APC, or armored personnel carriers, into battle</a> <a href="https://www.businessinsider.com/gaza-city-airstrikes-attacks-hamas-israel-military-blackout-deaths-war-2023-11">against Hamas in the ongoing siege of Gaza</a> months before it was due to become operational. A photo released by the Israel Defense Forces, or IDF, showed the distinctive Eitan armored vehicle taking part in Gaza operations on November 5.An IDF spokesperson confirmed to Insider that the armored-fighting vehicles are in action on the ground in Gaza.Army Technology reported that the IDF developed the Eitan APC, a versatile 8x8 wheeled armored personnel carrier designed to replace the aging M113 APCs in service with Israeli forces. Featuring advanced technology from the Merkava tank series and Namer armored vehicles, the Eitan offers high mobility and firepower in various terrains.<a href="https://news.walla.co.il/item/3617021" target="_blank" rel="noopener">An Eitan APC first went into action</a> during the October 7 terrorist attacks on southern Israel by Hamas, according to Walla, an Israeli news outlet.During the <a href="https://en.wikipedia.org/wiki/Battle_of_Zikim" target="_blank" rel="noopener">Battle of Zikim</a>, in which Hamas soldiers overran an IDF training base, the IDF called the untested APC into action, helping to wipe out a squad of fighters."We reached the area the fastest. This is our first advantage," an Israeli soldier told Walla. Using the Eitan's machine guns, they engaged "the terrorists" alongside tanks."Then we went to the settlements. We ran into terrorist vehicles and didn't feel anything. It's a powerful tool. We broke through gates and fences. Then we helped evacuate the wounded and supply the troops."An Eitan commander, identified only as Lt. Yotam, told Walla: "The 'Eitan' brings important capabilities such as flexibility, high-level protection and lethality. There is good news for the ground forces in this."<h2>Eitan APC: 'The best and most advanced'</h2><div type="image" title="Israel's Eitan APC." height="1024" width="2048" msid="105168692" hostid="261"></div>"Eitan" is the Hebrew word for "strong."The 50th Battalion's Sayeret Nahal, a special-forces unit of the <a href="https://www.idf.il/en/mini-sites/idf-brigades/nahal/nahal-brigade/" target="_blank" rel="noopener">Nahal Brigade, comprised the first units to train on how to use the new APC.</a> Soldiers were still getting used to the new weapon as recently as September, a Breaking Defense report said. Weighing between 30 and 35 tons, the Eitan has a modular design, housing a crew of three, including a driver, a commander, a gunner, and nine soldiers. Its V-shaped hull enhances protection against mines and IEDs, complemented by the Iron Fist active-protection system.The Iron Fist APS provides 360-degree coverage and handles multiple threats with its electro-optic sensors, radar, and reaction suite. It is armed with a 30mm turret, a remote-weapon station with a 0.5-inch heavy machine gun, and a pintle-mounted 7.62mm machine gun. The Eitan can reach speeds over 56 mph.Brig. Gen. Guy Paglin, the former head of Israel's Defense Ministry's Armored Vehicles Directorate, told The Times of Israel: "The <a href="https://www.timesofisrael.com/defense-ministry-to-deliver-first-new-advanced-eitan-apc-to-idf/" target="_blank" rel="noopener">development of new weapons</a> allows us to replace old and less advanced technologies, thus promising that our soldiers are equipped with the best, most advanced defense equipment for all combat scenarios."Israel has been carrying out a ground invasion of Gaza and an intense aerial-bombardment campaign following the Hamas terror attacks on October 7 <a href="https://www.timesofisrael.com/israel-revises-death-toll-from-oct-7-hamas-assault-dropping-it-from-1400-to-1200/" target="_blank" rel="noopener">that killed about 1,200 people</a>, a revised count from the initial estimate of 1,400.Israel's campaign has killed over 11,000 people, including over 4,000 children, the Hamas-run Palestinian Ministry of Health said on Friday.

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L&T invites applications from women professionals who wish to restart their careers after a break

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