The Construction arm of Larsen & Toubro on Wednesday said that it has been chosen as the turnkey Engineering, Procurement and Construction contractor to establish various systems related to renewable energy generation and utilities, for the AMAALA project in the Red Sea region, Saudi Arabia. AMAALA is an ultra-luxury destination set in the Prince Mohammed […]
India’s 1-year government debt yield rose higher than that of the 10-year note on Wednesday, following higher than expected cut-offs of the Reserve Bank of India’s (RBI) treasury bills sale. The RBI sold 364-day notes at 7.48% yield, the highest since October 2018. The cut-off at the 1-year T-bill at auction was higher than the […]