Primarily, it is a handshake of freight operation information between the networks of CIL and CRIS regarding Coal India’s rail movement of coal, the company said, adding that it also includes other logistics details.

Engineering and construction major Larsen & Toubro (L&T) on Monday said its power transmission and distribution business has bagged large domestic and overseas contracts across its spectrum of offerings. Though the company did not specify the exact value of the contracts, as per its specification a large contract ranges between Rs 2,500 crore and Rs 5,000 crore.

Amit Syngle, Managing Director and Chief Executive Officer (CEO) of Asian Paints said that they have always seen competition in the paints industry and are not worried about the entry of newer players.

Biscuit and bakery products maker Mrs Bectors Food Specialities has seen growth across all verticals and expects margins to return to 14.5 percent on a sustainable basis.