L&T Construction bags large order for its power transmission & distribution biz in Middle East region

L&T Construction on Thursday said that its Power Transmission & Distribution business has secured large orders in the Middle East region. In the United Arab Emirates, the business has received an order for engineering, supply, construction, installation, testing and commissioning a 400/132kV substation. The scope also includes associated transformer, reactor and Substation Control & Monitoring […]

Markets Wrap – Tue, 31 Jan ‘23: Stocks rise, rupee falls; Asia, Europe markets, Gold, Crude, Crypto updates

Domestic indices recovered losses on Tuesday and closed in the green territory, reacting positively to the Economic Survey 2023. The BSE Sensex closed above 59,500 and the NSE Nifty 50 settled above 17,660. The top gainers of the BSE Sensex were Mahindra & Mahindra (up 3.53%), UltraTech Cement (up 3.09%), Power Grid (up 3.02%), State […]

Markets Wrap – Thu, 19 Jan ‘23: Stocks sink, rupee falls; Asia, Europe markets, Gold, Crude, Crypto updates

Equity indices concluded Thursday’s muted session in negative territory amid weak sentiment in global markets. The NSE Nifty 50 closed above 18,100 while BSE Sensex settled below 60,900. The top gainers of the BSE Sensex were Tata Steel (up 0.73%%), Power Grid (up 0.64%), Tech Mahindra (up 0.49%), Axis Bank (up 0.47%) and HDFC Bank […]

Indian Railways to operate four special suburban services in Mumbai on New Year’s Eve to service passengers 

To serve the influx of commuters on New Year’s Eve, the Central Railway has announced that four special suburban trains will facilitate passengers between midnight of December 31, 2023 and January 1, 2024.These four special trains will cater to the rush as peoplefrom extended suburbs visit famous locations like the Gateway of India in south […]

Nirmala Sitharaman to Kiran Mazumdar-Shaw: Introducing the leading women shaping India’s landscape in 2023

Forbes, a renowned business magazine, recently unveiled its compilation of the most influential women globally for 2023. The rankings were meticulously determined based on four key criteria: financial stature, media visibility, impact, and spheres of influence. Political figures underwent evaluations tied to their countries’ economic metrics and population, while corporate leaders were appraised using criteria […]

L&T wins major EPC order from Saudi Arabia

L&T Construction, the construction arm of engineering and infrastructure conglomerate Larsen & Toubro (L&T), has won a “major” engineering, procurement and construction (EPC) order from Saudi Arabia. The firm has been chosen as the turnkey EPC contractor to establish and set up systems related to renewable energy generation and utilities for the Amaala project, the […]

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