L&T bags significant contracts for various businesses ANI | Updated: Apr 16, 2021 13:01 IST
Mumbai (Maharashtra) [India], April 16 (ANI): The construction arm of Larsen & Toubro has secured orders from prestigious clients for its various businesses, the engineering major said on Friday.
The power transmission distribution business has won orders to design and construct two sub-stations in Dubai, UAE.
The factories business of buildings and factories has secured another order from a leading cement manufacturer to construct a 3.5 million tonnes per annum brownfield cement plant in Nimbahera, Rajasthan.
The railway strategic business unit that resides within the transportation infrastructure business has won an order from the Central Organisation for Railway Electrification (CORE).
By Joe Wallace U.S. stocks inched higher and toward records amid another volley of blue-chip earnings and more signs of economic growth. The Dow Jones Industrial Average rose 0.3%, its third straight day of gains and one day after it hit 34000 for the first time. The S&P 500 rose 0.2% after posting its 22nd all-time closing high of 2021 on Thursday. The Nasdaq Composite bucked the trend, down less than 0.1%. All three indexes are on track for weekly gains of about 1%. The long, steady march higher for U.S. equities this year is itself a sign that the march can continue, said LPL Financial strategist Ryan Detrick. Since 1950, when the S&P 500 was up between 5% and 10% in the first quarter, it was up for the next three quarters nearly 90% of the time, he said, with the average gain about 12%. The index gained 5.8% in the first quarter.
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JACKSONVILLE, Fla., April 16, 2021 /PRNewswire/ Finxact, the leader in Core as a Service banking, announced today that Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, will join the select group of Professional Services firms that are delivering its next-gen core to the US regional and super-regional banking sector.
Wipro has established a Finxact center of excellence within its banking practice with a specific focus on helping clients that have identified modernizing their legacy core systems as the lynchpin of their long-term digital transformation initiatives. Many of these clients are mid-cap, US-based financial institutions that have relied extensively on Wipro over the year for outsourced maintenance and customization of their systems. Wipro will leverage its expertise to guide the transformation journey and help clients bridge legacy systems like Hogan
By @TobyChilliShow
T + C Mornings: April 16, 2021, Whole Show
Relive the best moments from Toby + Chilli Mornings including your favorite segments like the Nearly Impossible Question and Would You Rather, hot topics from each and every morning, and more!
Happy Friday! On today s show, you have the last word on a TV show you would want to live in for a year. Then, thanks to Chrissy Teigen, we share some pregnancy terms that are now obsolete. Remember when we had psychic Sherry Sherry on to predict our futures? Well, one of her predictions may be coming true! You ll have to listen to find out whose future she predicted correctly. All this and more on today s show.
By Peter Rudegeair Morgan Stanley said Friday that first-quarter profit more than doubled from a year earlier, another Wall Street firm that reaped big gains from the euphoric market conditions of early 2021. The New York-based bank reported record quarterly profit of $4.1 billion, or $2.19 a share, on revenue of $15.7 billion. That beat the consensus estimates of analysts polled by FactSet of per-share earnings of $1.72 on revenue of $14.1 billion. Record performance across many of its businesses was offset by $911 million in losses Morgan Stanley booked related to the blowup at Archegos Capital Management in March. Still, Morgan Stanley rounded out an all-time great first quarter from the nation s big banks. Asset prices rallied, millions of investors traded stocks with abandon and scores of technology and special-purpose acquisition companies listed their shares publicly, creating an optimal environment for banks Wall Street divisions. On Wednesday, Mo