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KEC Intl wins order worth Rs 550 cr from Algeria, Abu Dhabi
KEC International, a part of the Rs 15,000 crore RPG group has won orders in Algeria and Abu Dhabi worth Rs 474 crore and Rs 76 crore respectively. KEC will undertake five turn key projects worth Rs 474 crore for CEEG spa in Algeria. The total length of these five projects is 858 km and completion period ranges from 12 to 18 months.

China threatens to ban import of Indian seafood
Beijing has threatened to ban import of seafood and other food products from India if New Delhi continues to restrict import of milk products from China, the government informed the Lok Sabha today.

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Govt to allow telecom towers in border areas
The government today said it will allow private and public telecom players to set up towers in the border areas to improve mobile connectivity.
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Asian markets end -ve; Hang Seng down 2%

The Asian markets ended in the red. - Weakness persists across Asia - Asian bourses end positive - Asian markets end mixed ahead of US data - Asian markets continue to trade in green - Asian markets end in green - Asian markets end positive; Hang Seng up 290 points The Hang Seng slipped 319 points or 1.5% to 21,742. The Nikkei dropped 136 points or 1% to 10,005. The Shanghai Composite Index declined 58 points or 2% to 3,239. The Straits Times ended marginally down at 2,801. The Seoul Composite Index and the Taiwan Weighted Index were marginally up at 1,634 and 7,797, respectively. ___________________________________________________ (Updated at 1131hrs) The Asian markets continue to trade weak. The Hang Seng has slipped 139 points or 0.6% to 22,185 and the Nikkei has declined 44 points at 10,122. The Shanghai Composite Index has dropped 36 points or 1% to 3,295. The Seoul Composite is down 0.3% at 1,626. The Straits Times, on the other hand, is marginally up at 2,799. ____________________________________________________ (Updated at 0821 am) Asian markets have opened on a negative note. The Hang Seng has slipped 228 points or 1% to 22,096. The Nikkei has declined 51 points at 10,116. The Shanghai Composite Index has dropped 43 points or 1% to 3,289. The Seoul Composite and the Taiwan Weighted Index are down 0.3% each at 1,627 and 7,749, respectively. The Straits Times on the other hand is marginally up at 2,801.


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