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 […]
By Rahul Shah Equity benchmarks logged gains for the week, after two consecutive weeks of decline, amid rising concerns over tapering and volatility in global equities. Sensex and Nifty gained in the first three days of the week (including on the day of union budget 2022). Over the last two sessions, the benchmarks fell, amid […]
Oil prices held steady in early trading on Tuesday after falling 2% in the previous session, with markets awaiting the release of economic data in China, looking for signs of economic recovery and growth to offset weakening demand elsewhere. Brent crude was flat at $84.76 a barrel at 0004 GMT, while U.S. West Texas Intermediate […]
Benchmark indices Sensex and Nifty closed higher on Thursday, extending the winning streak to the fifth straight session after the RBI unexpectedly kept policy rates unchanged as global banking woes added uncertainty to the economic outlook. Buying in index majors HDFC Bank and Reliance Industries also added to the optimism in the equity market. Also […]
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