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Shares of Va Tech Wabag dropped 19.2%, hitting a low of Rs 1,522.30 on the BSE today, after the company disclosed that its Rs 2,700 crore order for a 300 MLD mega seawater desalination plant in Saudi Arabia had been canceled.
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Xi's visit coincides with the inauguration of Macau's new leader, Sam Hou-fai. Economic diversification away from casinos and integration into the Greater Bay Area are expected to be key themes, along with scrutiny of non-gaming investments.
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The 20th anniversary of the devastating 2004 Indian Ocean tsunami approaches, commemorating over 220,000 lives lost across a dozen countries. Triggered by a 9.1 magnitude earthquake off Sumatra, the tsunami's immense waves, reaching over 30 meters, caused widespread destruction. The disaster prompted a global effort in reconstruction and the development of crucial tsunami warning systems.
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