Larsen & Toubro (L&T) said on Friday it has bagged orders worth Rs 1,404 crore across various business verticals.

In a BSE filing, the company said its construction arm "has won orders worth Rs 1,404 crore".

Shares of Bharat Heavy Electricals Limited (BHEL) has fallen below Rs 100 mark to Rs 98.75, its lowest level since August 2005 on the BSE.

The stock has underperforming the market by falling 23% from Rs 128 on February 10, after the company reported a huge loss of Rs 1,102 crore for the quarter ended December 31, 2015, (Q3FY16) compared to a net profit of Rs 213 crore in the same quarter last year. The S&P BSE Sensex was down 1% during the same period.

A day after violence returned to the Patiala House courts in defiance of the Supreme Court’s call for calm, the apex court on Thursday accepted that “something extraordinary is going on in this country” and agreed to hear the bail petition of JNUSU president Kanhaiya Kumar, facing sedition charges on the allegation that anti-national slogans were allegedly raised on the university campus.

I am a student of Jawaharlal Nehru University and not some hardened criminal, Mr. Kumar pleaded.

As part of its efforts to raise capital, Punjab National Bank (PNB) is weighing the options of diluting stake in some of its subsidiaries and selling off real estate assets.

We have so many investments, we have to take a call at the appropriate time. The bank may consider sale of certain important core assets. We are trying to get their valuations first. We need to decide what to dispose, how much it will fetch, PNB Managing Director Usha Ananthasubramanian told PTI.

Thermal Powertech Corporation India (TPCIL), which owns and operates a 1,320-megawatt coal-fired power plant at Krishnapatnam in SPSR Nellore district of Andhra Pradesh, has signed a long-term power purchase agreement (PPA) with the Telangana power distribution companies (discoms).

Under the power purchase agreement, 570 Mw of power will be sold to the southern and northern discoms of Telangana for a period of eight years. Together with the 500 Mw of power supplied to the Andhra Pradesh and Telangana power discoms under a 25-year PPA, Thermal Powertech has secured more than 85 per cent of its net total generating capacity under long-term power purchase agreements.

NEW DELHI (Reuters) - Reliance Industries Ltd , owner of the world's biggest refining complex, is preparing to lift oil from Iran next month after a gap of about five years, said an industry source with knowledge of talks between the two.

The conglomerate, controlled by billionaire Mukesh Ambani, stopped Iranian oil imports in 2010 because it was worried that the threat of U.S. sanctions on companies doing business with the Islamic republic would complicate its efforts to boost market share for its fuels in the United States.

In order to give users a better and faster reading experience -- whether it is news, views or opinion pieces, the social media giant has announced plans to open up its Instant Articles programme to all publishers globally.

Instant Articles was built to solve a specific problem -- slow loading times on the mobile web created a problematic experience for people reading news on their phones.

Rail Budget 2016: Indian Railways are firming up proposals to add four more dedicated freight corridors to increase its share in the freight pie and divert loadings from roads to rail –this proposal is likely to be firmed up in the Rail Budget 2016-17.

Currently, Indian Railways have undertaken Rs 81,459 cr projects to develop 3,342 km track comprising Eastern and Western DFC and and as per the plan, four more corridors will be constructed to ensure faster movement of goods.

Shares of oil exploration & production companies such as Cairn India, Oil & Natural Gas Corporation (ONGC) and Oil India – were trading higher by up to 6% on the bourses after a sharp surge in global crude oil prices.

Among individual stocks, Cairn India surged 6% to Rs 134, followed by ONGC which gained 5% at Rs 209, and Oil India jumped 3.4% to Rs 327 on the BSE. At 10:45 AM, the S&P BSE Sensex was up 1.3% or 304 points at 23,687.

As investigations into the Pathankot airbase attack gathers pace, investigators say that the 2001 Parliament attack convict Afzal Guru has emerged as the common link in at least three attacks on police and Army camps along the Jammu-Pathankot highway in the past one year.

Afzal Guru was hanged in Tihar jail in 2013.

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