During the quarter, the company received orders worth Rs 75,990 crore at the group level registering a growth of 25% on a year-on-year basis. Orders were received across businesses like offshore verticals of hydrocarbon, solar EPC & Power Transmission, Water Utilities, Buildings & Factories, and Minerals & Metals sectors. International orders at ₹ 50,562 crore during the quarter comprised 67% of the total order inflow.
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank