Engineering and construction major, Larsen & Toubro (L&T) has received three orders worth Rs 1,372 crore from three different steel companies for engineering related works.

The company has received an order worth Rs 516 crore from Vedanta Aluminium for setting up of an alumina refinery at its three-million-tonne-per-annum (MTPA) Lanjigarh plant in Orissa.

The scope of the order, which would be completed in 20 months, involves civil, structure, tanks, equipment erection, piping and commissioning assistance for the alumina refinery.

Two-way technical trade holds pair lower until pressure from EURO lifts rate into resistance. Lows holding at 1.4900/10 area. Bounce off early weakness suggests buyers are willing on dips; aggressive traders can buy the next dip in my view, look for prices around the 1.4780 area on a break.

Rally in EURO holds under pressure from cross spreaders; stops finally enough to hold above 1.5200 area. Cross-spreaders likely keeping pressure on as GBP/EURO cross holds near lifetime high. Although close is above the 1.4850 area the failure at highs is still a caution.

The USD remains under pressure to end Monday as several technical levels fail putting the majors on the offensive into tomorrows' FOMC meeting. Analysts remain optimistic for a 50 BP cut in rates adding a bit of weight to current USD sentiment. At this point the USD remains the worlds' number 2 low-yielding currency with only the Yen providing less. With year-end repatriation into higher-yielding currencies as traders square-books with only a few solid trading days to go into year-end the USD appears likely to suffer more losses this week.

Bollywood beauty Sonam Kapoor, daughter of ace superstar Anil Kapoor, has become one of the biggest fans of Abhishek Bachchan, after working with him in Rakeysh Mehra’s forthcoming movie ‘Delhi 6’.

Sonam, who finds Abhi a delightful and good-looking person, looked more enthralled than ever when asked to describe her working experience with Junior Bachchan.

Sonam said, “I think Abhishek is a wonderful guy. I really love him. He has such a handsome and charming personality. It's a real pleasure to be with him on the sets of a film. I am working with him for the first time and it's a wonderful experience.”

SRF Ltd, the domestic market leader in technical