Larsen & Toubro (L&T) has won an ultra-mega contract to execute a gas compression project for a major Gulf client, expanding its hydrocarbon infrastructure business. The company classifies orders above ₹15,000 crore as ultra-mega but did not disclose the contract value.
India’s weight in global emerging-market ETFs rises again
India’s weight in major global emerging-market ETFs has begun to recover recently. This rise follows a steady decline over the past year, showing improved performance.