These sales are key to the country’s efforts to wean itself off oil, but so far have been dogged by delays.

Saudi Arabian Oil Minister Ali al-Naimi is ready for big-ticket investment in India and is unfazed by crude’s dramatic fall.

L&T today said its overseas joint venture firm Larsen & Toubro ATCO Saudia has bagged a procure and construction contract from Sadara Chemi...