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Although L&T withheld the precise amount of the order win, it classifies an order as "mega" when its worth exceeds Rs 7,000 crore.
Brent December futures were down 10 cents, trading at $93.00 a barrel. West Texas Intermediate (WTI) crude for the United States dropped 8 cents to $91.63 a barrel.
Asian equities are trading in mixed sentiments after a Wall Street rebound.
According to reports, NMDC-CMDC said that the contract was cancelled due to issues such as claims of monopoly in operations, the transfer of duties, and the provision of deceptive information.
Asian equities are also trading in mixed sentiments in Thursday’s early morning session.
A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.
In early Asian trading, the pound fell to $1.2145, a new six-month low, as it struggled against a stronger dollar. It was destined for its worst quarterly fall in a year, one of more than 4%.
A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.
Delta Corp shares fell as much as 17% in the last trading session.
Asian equities are trading on the flipside today despite modest gains on the Wall Street.