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L&T wins $71.3 mn export orders

Mumbai, July 5 (IANS) Larsen & Toubro Ltd (L&T) on Tuesday said it has secured export orders worth $71.3 million from Mitsubishi Hitachi Power Systems Ltd (MHPS) through its joint venture companies. The contract of…







Chinese yuan weakens

Beijing, July 5 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 122 basis points to 6.6594 against the US dollar on Tuesday, according to the China Foreign Exchange Trading…


Chinese shares open mixed on Tuesday

Beijing, July 5 (IANS) Chinese stocks opened mixed on Tuesday, with the benchmark Shanghai Composite Index up 0.11 per cent, at 2,991.75 points. The smaller Shenzhen index opened 0.11 per cent lower at 10,598.42 points,…