Dilip Bulidcon emerges lowest bidder
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⭐Dilip Bulidcon emerges as lowest bidder
Infrastructure firm said it has been declared the lowest bidder for a highway project worth ₹780 crore. This new project involves the construction of a 16 km six-lane highway in Andhra Pradesh to be completed in 24 months.
⭐ SJVN secures project financing
The power generation company has secured new funding worth ₹915 crore from Japan Bank for International Cooperation. The company will use these funds to finance two solar energy projects in Madhya Pradesh and Gujarat, having a combined value of ₹1,288 crore.
⭐ Oil price move higher
Crude oil prices rose by over 2.5% on Monday. This comes after Iraq, a key oil-producing nation, was forced to halt its oil exports from the Kurdistan region. Besides this, ease in the US banking crises after First Citizens Bank agreed to acquire crisis-hit Silicon Valley Bank was also a positive sign for oil demand.
Global markets (at 9:30 AM today)
| Indices | Today's movement |
| --
| --
- | --
- |
| SGX Nifty | ▲ 0.20% |
| Nikkei 225 (Japan) | ▼ 0.11% |
| Hang Seng (Hong Kong) | ▲ 0.71% |
| SSE Composite (China) | ▲ 0.05% |
| Dow Jones (US) (March 27) | ▲ 0.60% |
| NYSE (US) (March 27) | ▲ 0.92% |
| Nasdaq (US) (March 27) | ▼ 0.47% |
| S&P 500 (US) (March 27) | ▲ 0.16% |
Fact of the day
According to the National Sample Survey (NSS), one out of ten Indian households purchased or constructed a new house in the past seven years.