West Texas Intermediate (WTI) crude declined $0.90, or 0.96 per cent, to $92.84 a barrel, while Brent crude fell $1.01, or 0.95 per cent, to $105.60 a barrel
Under the existing framework, compensation is generally based on circle rates, except where prevailing market rates are higher
Vedanta Oil & Gas increased Ravva field production by over 1,000 boepd, unlocking 1.5 million barrels through surface optimisation
The order has been awarded to Enviro Infra Engineers through its step-down subsidiary, Suyog Urja Ltd
Under L&T’s order classification, a “large” contract is valued between Rs 2,500 crore and Rs 5,000 crore
The acquisition has been completed and does not fall under related-party transactions. No government or regulatory approval is required for the transaction
According to the company, the transaction has reduced borrowing costs by about 150 basis points across the issuing SPVs
