Teji Mandi: Three things investors should know on October 20, 2020

02:42 PM Oct 20, 2020 | Teji Mandi

L&T slated to bag Rs 24,958 crore order for the bullet train project

Larsen & Toubro is close to bagging its largest order ever as it has emerged the lowest bidder to construct a significant part of the Ahmedabad-Mumbai bullet train project.


L&T beat two consortia-- Tata Projects - J Kumar Infraprojects - NCC, and Afcons Infrastructure - Ircon International - JMC Projects India.


This mega project will be a shot in the arm for the engineering major L&T, which witnessed a 40% decline in order wins in the first quarter of 2020-21.

M&M announces to raise production of Thar SUV on high bookings

Mahindra and Mahindra on Monday announced increasing production of its all-new Thar SUV substantially after its bookings crossed 15,000 units since the launch of the vehicle.

The company in a release said a majority (57 per cent) of the buyers of Thar is the first-time car customers.

The latest version of Thar has received over 65,000 enquiries as well.

Wipro wins five-year contract with Europe’s third-largest producer of clean electricity

After announcing the acquisition of Eximius Design on the eve of its second-quarter earnings, Wipro now has a new deal in the bag. The Indian IT services giant announced a five-year deal with Europe’s third-largest producer of clean energy - Fortum.

In its deal with Fortrum, Wipro will be helping it upgrade its application management system and the integration and management of its service.

Teji Mandi: Why is work from home not here to stay? A human, social and economical perspective

(To download our E-paper please To view our epaper please Tap here . The publishers permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

(To view our epaper please Read Now. For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)