At the starting of the year, a Turkish Lira was worth $0.26. Now, the value has dropped to $0.15, marking a 42% drop, a new record low. This has caused a lot of concern in the Turkish business sphere, root of it being the clash between President Donald Trump and President Tayyip Erdogan. After Turkey […]
Lira falls again, Turkey in trouble
At the starting of the year, a Turkish Lira was worth $0.26. Now, the value has dropped to $0.15, marking a 42% drop, a new record low. This has caused a lot of concern in the Turkish business sphere, root of it being the clash between President Donald Trump and President Tayyip Erdogan. After Turkey […]
Punj Lloyd JV Limak bags project worth Rs 2,780 crore in Turkey
Engineering Procurement Construction giant Punj Lloyd recently said that its joint venture with Limak has won a gas pipeline project worth Rs 2,780 crore from TANAP Dogalgaz Iletim AS in Turkey. The company confirmed in its regulatory filing that its 50:50 joint venture (JV) with Limak has bagged the project. Punj Lloyd President and CEO, […]