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 […]

RCap insolvency: Torrent moves SC against NCLAT order allowing second e-auction

Torrent Group has moved the Supreme Court against the National Company Law Appellate Tribunal’s (NCLAT) order that permitted holding of an extended auction for Reliance Capital, which is undergoing insolvency proceedings. In its filing, the Gujarat-based firm has termed the administrator’s decision to hold another round of challenge process “illegal”, even as it sought a […]

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