Rupee gains nine paise against dollar in early trade

The rupee strengthened by nine paise at 62.15 against the US dollar in early trade today at the Interbank Foreign Exchange after rating agency Moody’s upgraded India’s outlook from stable to positive.   Besides, selling of the American currency by exporters and banks and a higher opening in domestic stock market supported the rupee but […]

India Elected to Four Key Subsidiary Bodies of UN

India has been elected to four key subsidiary bodies of the United Nations’ agency on economic and social issues, continuing its impressive record of winning elections at the world body.   India was elected by acclamation, a form of election that does not use a ballot, to the subsidiary bodies of the UN Economic and […]

KEC International bags orders worth Rs 1,565 crore

Mumbai: KEC International, has won orders worth Rs 1,565 crore (US$ 250.98 million) for power transmission and distribution and cables. In its transmission and distribution businesses, the company picked up orders worth Rs 1,458 crore (US$ 233.81 million) from India, Bangladesh, Oman, Malaysia, US and Brazil.

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Larsen & Toubro bags Rs 5,492 crore construction jobs

Mumbai: Larsen & Toubro has bagged construction orders worth Rs 5,492 crore (US$ 880.74 million) from different sectors. These orders included jobs worth Rs 2,768 crore (US$ 443.94 million) for buildings and factories and Rs 984 crore (US$ 157.81 million) of orders for power transmission and distribution projects.

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