L&T won a turnkey order for setting up a supercritical thermal power project valued at Rs 5100 crore.
Wipro has won a contract from Philip Morris International Inc.; as a part of five-year agreement, Wipro will provide a full suite of IT infrastructure Management services to PMI, the leading international tobacco company.
The ministry of petroleum and natural gas has started review of the crude oil import policy by the public sector oil marketing companies (OMCs) on term basis for possible amendments towards relaxing the norms.
Amid a mixed trend in index components, the key equity benchmark edged lower in volatile trade. The markets dropped for the second day in a row after hitting a string of record highs recently. Strength in dollar has raised concerns that it could spur capital outflows from emerging markets including India. Gainers outnumbered losers on BSE. Steel stocks rose on slide in global iron ore prices. Shares of other metal companies were mixed. Most auto stocks edged lower. Metal and power generation stocks will be in focus during week ahead as the next Supreme Court hearing on coal blocks case is scheduled on Tuesday, 9 September 2014.