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The main equity indices closed mildly lower on Thursday. Buying was seen in metal, realty and financial stocks while FMCG, IT and pharma shares corrected. As per the provisional closing data, the S&P BSE Sensex, fell 80.74 points or 0.17% at 48,093.43. The Nifty 50 index fell 8.9 points or 0.06% at 14,137.80. The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index added 1.05% while the S&P BSE Small-Cap index rose 0.85%. Buyers outpaced sellers. On the BSE, 1974 shares rose and 1101 shares fell. A total of 152 shares were unchanged. In Nifty 50 index, 27 stocks advanced whil...

L&T Hydrocarbon Engineering bags Offshore Contract from ONGC Posted On: 2021-01-07 00:50:33 (Time Zone: Arizona, USA) L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured a Contract from Oil & Natural Gas Corporation (ONGC) for their new Living Quarter (LQ) & Revamp at 'NQ Complex' (NLRNC-RT2) Project. The EPCIC contract involves Engineering, Procurement, Construction, Installation and Commissioning of a new living quarter platform, 'NQL Platform' of 120 men capacity, bridge (with intermediate support) to existing 'NQO Complex' and major revamping...

Synopsis L&T said the engineering, procurement, construction, installation and commissioning (EPICC) contract is for a new living quarter platform, 'NQL Platform' of 120 men capacity. The contract has been awarded through international competitive bidding on a lump sum turnkey basis, L&T said in a statement. New Delhi: L&T Hydrocarbon Engineering (LTHE) on Thursday said it has bagged an order worth up to Rs 5,000 crore from Oil & Natural Gas Corporation ( ONGC). The engineering and construction company, however, did not provide the exact value of the contract, but as per its project classifi...

Valued between Rs 2500 cr to Rs 5000 crL&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has secured a Contract from Oil & Natural Gas Corporation (ONGC) for their new Living Quarter (LQ) Et Revamp at 'NQ Complex' (NLRNC-RT2) Project. The EPCIC contract involves Engineering, Procurement, Construction, Installation and Commissioning of a new living quarter platform, 'NQL Platform' of 120 men capacity, bridge (with intermediate support) to existing 'NQO Complex' and major revamping / replacement of existing process systems / facilities at 'NQ Complex' in ONGC's M...

Equity indices traded sideways with small gains in mid-morning trade. The Nifty hovered a tad below 14,200 mark. At 11:28 IST, the barometer index, the S&P BSE Sensex, was up 115.70 points or 0.24% at 48,289.66. The Nifty 50 index gained 43.85 points or 0.31% at 14,190.05. In the broader market, the S&P BSE Mid-Cap index was up 1.02% while the S&P BSE Small-Cap rallied 1.08%. Both indices outperformed the benchmark indices. The market breadth was strong. On the BSE, 1900 shares rose and 867 shares fell. A total of 149 shares were unchanged. COVID-19 Update: Total COVID-19 confirmed cases worl...