Infrastructure major Larsen & Toubro Ltd (L&T) Monday said it has won a gas export pipeline contract from Kuwait Oil Company (KOC).

The company said the order falls under "large" category that range between Rs 2,500 crore and Rs 5,000 crore as per its classification of contracts.

Shares of Tata Motors were trading 5 per cent higher at Rs 183 on the BSE in early morning trade after the company’s wholly-owned subsidiary Jaguar Land Rover (JLR) said it expects improved financial results for the quarter ended March 2019 (Q4FY19).

In comparison, the benchmark S&P BSE Sensex was up 0.62 per cent at 38,913 level at 09:39 am.

The South Eastern Coalfields Ltd (SECL) has become the first company in the country to have crossed coal production figure of 150 million tonnes in a financial year. The SECL achieved the record during the 2018-19 fiscal and crossed the 150 million tonnes mark on March 20, a company official said.

Amazon.com Inc. says it will hire an additional 800 engineers in Austin, Texas, the company’s first major U.S. office expansion since backing out of a corporate campus in New York.

In February, the online retailer abandoned plans for a campus in Queens, New York, amid opposition from local politicians and labor groups.

President Donald Trump said he met Wednesday with Google Chief Executive Officer Sundar Pichai to discuss the U.S. military amid an extended political furor over the tech giant’s efforts in China.

The meeting didn’t appear on Trump’s official schedule. Pichai planned a meeting Wednesday in Washington with General Joseph Dunford, the chairman of the Joint Chiefs of Staff, according to a person familiar with the matter.

Infosys, through its wholly owned subsidiary Infosys Consulting, is set to acquire 75% of Stater NV — a wholly owned subsidiary of ABN Amro Bank NV— that offers pure-play, end-to-end mortgage administration services in the Netherlands, Belgium and Germany. The cash transaction, which is expected to close in the first quarter of fiscal year 2020, will amount to €127.50 million ($143.53 million), Infosys said.

With no visible signs of distress in its retail portfolio as of now, private lender ICICI Bank expects to grow its outstanding home loan book to Rs 2 lakh crore by March 2020, from Rs 1.7 lakh crore currently. ICICI Bank, one of the largest mortgage players among private banks, has repeatedly maintained that outreach to tier II, III cities and micro-markets, along with focus on affordable housing and digitisation, has been key to growth in its portfolio.

A day after the markets took a pause from the recent upsurge, key equity benchmark indices bounced back sharply on the last trading session of the current month's expiry day, as investors mounted bullish bets on expectations the NDA party may win polls in the upcoming general elections.

The Insurance Regulatory and Development Authority of India (Irdai) on Thursday gave the go-ahead for the new regulations for life insurance products. It also gave the first level approval, or R1, to Indiabulls Integrated general insurance business in its board meeting.

The rupee opened 6 paise higher at 69.24 against the US dollar on Friday. The domestic unit slumped 42 paise to end at 69.30 on Thursday, its second straight session of decline, in line with other Asian currencies amid strengthening of the greenback.

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