Monthly Archives: March 2024

March 14, 2024

How Large Language Models Can Drive Industrial Automation

Large language models are showing their potential to transform industrial automation. According to Boston Consulting Group, generative artificial intelligence will surely increase productivity by making people and the machines work together; and there is no place where people and machines interact more than in the industrial automation segments. Aurelien Le Sant, Industrial Automation Technology Director at Schneider Electric, explains more.

March 13, 2024

Low Leverage Stocks at Goldman Sachs

Goldman Sachs, a major player in the global financial industry, is known for its astute investment strategies. investment and his keen sense of identifying promising stocks. With a focus on companies that exhibit strong financial management, Goldman Sachs keeps a close eye on stocks with low debt levels. Lower debt not only means a healthier financial position, but also mitigates risks and increases stability, making such stocks attractive to investors looking for long-term growth prospects.

March 11, 2024

Pratham EPC Projects IPO opens today: See price range, GPM and other key details

Today marks the opening of Pratham's initial public offering (IPO). EPC Projects, scheduled for subscription until March 14. This SME IPO features a price range set between ₹71 and ₹75 per share, with an aim to raise ₹36 crore by issuing 48 lakh ordinary shares. Importantly, the lot size for this IPO is 1,600 shares, with a minimum investment requirement of ₹120,000 for retail investors.

March 10, 2024

Petrofac Secures Major Operations Contract at the Galkynysh Gas Field in Turkmenistan

In a significant development, Petrofac has secured a substantial operations contract from Turkmengas for the Galkynysh gas located in Turkmenistan. The contract spans three years and has a valuation exceeding $200 million, including several crucial aspects.

March 9, 2024

Advancing the stability of the electrical system with advanced control and renewable technologies

As global energy demand continues to increase, driven by widespread adoption of renewable energy sources, the challenge of integrating these dynamic and intermittent sources into electrical systems becomes increasingly evident. In response, a comprehensive examination is underway to leverage advanced control systems, energy storage technologies and renewable resources to strengthen the stability of power systems around the world.

March 8, 2024

Pratham EPC Projects Limited opens its IPO on March 11, 2024

Pratham EPC Projects Limited is preparing for its Public Offer Initial (IPO), scheduled to open on March 11, 2024. This integrated engineering, procurement, construction and commissioning company has been serving as an end-to-end service provider for oil and gas distribution companies in India since its inception in 2014. With almost a decade of successful operations, Pratham EPC Projects Limited has established itself as a key player in the industry.

March 7, 2024

L&T Secures Major Offshore Contract in the Hydrocarbon Sector

The Hydrocarbons division of Larsen & Toubro, known as L&T Energy Hydrocarbon (LTEH), has secured a significant contract from the Oil and Natural Gas Corporation (ONGC). The contract relates to the MHN TCPP PGC BGC Project (MTPBP), located on the West Coast of India.