Iran Conflict Disrupts India Auto Exports to Middle East
A widening conflict in West Asia is beginning to hit India’s auto export engine. Several Indian automakers have delayed shipments to the Middle East and...
Tag : Middle East
Maharashtra Sets Up Helpline for Stranded Citizens in Middle East
As tensions escalate in West Asia, the Maharashtra government has rolled out an emergency helpline to assist residents stranded in the region. On 3rd March,...
Larsen and Toubro Shares Gain as Arm Secures Ultra-Mega Contract
Shares of Larsen and Toubro Ltd (L&T) were trading in the green and 1% higher on 29 July after the company announced its hydrocarbon offshore...
Oil Steadies as Mideast Tensions Vie With Libyan Supply Outlook
Brent for December traded near USD 72 a barrel after closing slightly higher on Monday, with West Texas Intermediate surpassing USD 68. Israel’s military announced...
Oil Prices Surged on Middle East Tensions and China Policy Optimism
Brent crude increased to over USD 74 a barrel on Tuesday, following a 0.8% drop on Monday, while West Texas Intermediate was close to USD...
L&T Secures Mega Orders for Advanced Grid Systems in Saudi Arabia and Abu Dhabi, Shares Flat
Shares of Larsen and Toubro Ltd. (L&T) traded flat after reaching a day’s high of Rs 3,831.80 on 24th September, following the company’s announcement that...
Asian Stocks Surged as Investors Countdown to Interest Rate Cuts
Asian stocks made gains on Monday, August 26, and the yen strengthened at the beginning of the week as investors positioned themselves in anticipation of...
Oil Set for 3% Weekly Gain on U.S. Jobs Data Easing Recession Concerns, Mideast tensions
Oil prices went up on Friday, with Brent crude futures rising 22 cents to USD 79.38 per barrel and U.S. West Texas Intermediate crude futures...
Larsen and Toubro Secues Mega Order in the Middle East
Larsen and Toubro (L&T) on Monday 8 July announced that its renewable subsidiary has secured a ‘mega’ order for developing two gigawatt (GW) scale solar...
L&T Shares Hit All-time High on Winning Orders in Australia, Middle East
Shares of Larsen and Toubro (L&T) hit their all-time high of Rs 2,726 on Wednesday as the company secured a large order in the Middle...