277.90 (4.61%) Larsen & Toubro Infotech (L&T Infotech) has concluded the acquisition of one hundred percent equity shareholding in AuementlQ Data Sciences, Pune on November 30, 2016.
Earlier in November, the company has been awarded a five-year contract by Hartford Steam Boiler (HSB), a leading specialty insurer with 150 years of industry leadership in equipment breakdown insurance and a subsidiary of Munich Re.
L&T Infotech, a subsidiary of engineering & construction major Larsen & Toubro, figures among India’s top 10 IT service providers. It is currently looking to pursue strategic acquisitions in Germany and France to enhance capabilities and address gaps in language capability, industry & technical expertise and geographic coverage in these countries.