The government's bid award process has seen accelerated activity in the past six months and the company expects the programmes laid out in the Budget to see speedier bidding
"The gain of divestment is ...accrued against the sale of the Electrical & Automation business to Schneider Electric SE and ... sale of the UK based Marine control & automation systems subsidiary to Rolls-Royce Power Systems AG," the company said.
The company, through its ongoing virtual hiring process, has already made around 250 offers in the recent hiring season at premium education institutes
