L&T did not provide value of the contracts but said the orders fall under “significant” category, which ranges between Rs 1,000 crore and Rs 2,500 crore, as per its classification of contracts.
Reliance-Jio Financial Services demerger: On Wednesday, RIL shares ended at Rs 2,841.85 apiece on the NSE.
The disruption assumes significance as Bab-el-Mandeb Strait, which connects the Mediterranean Sea to the Arabian Sea via the Red Sea and the Suez Canal, is vital for 30 per cent of global container traffic and India relies on the route to trade with parts of West Asia, Africa, and Europe.
Among NSE firms, the stocks that gained include Wipro Ltd, Tech Mahindra Ltd, HCL Technologies, Infosys and LTI Mindtree Ltd.
Byju’s and its lenders, who own more than 85% of the edtech startup’s $1.2 billion term loan, have agreed to work towards amending that loan by August 3, the steering committee of the creditors group said on Monday.
The incident pertains to an IndiGo Goa-Delhi flight on Sunday, which was diverted to Mumbai due to massive fog-related disruptions at the Delhi airport.
Adani Energy Solutions on Friday said it has successfully commissioned the Karur Transmission project, which will facilitate electricity evacuation from Karur/Tiruppur Wind Energy Zone.
Gold is often used as a safe store of value during economic and geopolitical stress and the rate of the precious metal has jumped over $130 or nearly 8 per cent since falling to a seven-month low on October 6.
At present, Air India has a code share partnership with United Airlines.
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.