IOB News Today

OMCs: Earnings recovering, multiples yet not in Indian Oil & Gas sector: IIFL Securities

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Analysts of IIFL Securities see either a spike in oil, price cuts towards H2 or a combination of both playing out.

• 06 June, 2023
• 10:58 AM
• less than a minute

IEX stock slips 2% as pricing fell 30% y-o-y in May

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Total volume for the month registered a growth of 8%.

• 06 June, 2023
• 10:34 AM
• less than a minute

Rupee Vs. USD: Indian Rupee gains 11 pains against USD on Tuesday

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On Tuesday, the Indian rupee showed gains against the US dollar

• 06 June, 2023
• 10:19 AM
• less than a minute

SBI Cards and Payment Services Board Approves Rs.3,000 Crore NCD Issuance

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The issuance will take place in one or more tranches. The funds will be raised on a private placement basis.

• 06 June, 2023
• 10:17 AM
• less than a minute

Bank of Baroda Initiates Stake Sale in NSE, Invites Potential Buyers

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The floor price for the auction has been set at Rs.3,150 per share

• 06 June, 2023
• 9:49 AM
• less than a minute

Indian Oil Corporation collaborates with domestic engine makers to develop 5% ethanol blending ...

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Experimental work is being done, according to Indian Oil Corporation Director (R&D) SSV Ramakumar, at both its laboratory and the R&D facilities of the two engine manufacturers.

• 06 June, 2023
• 9:30 AM
• less than a minute

Markets may decline today

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Globally, US markets wrapped up in red territory.

• 06 June, 2023
• 9:03 AM
• less than a minute

Suzlon crosses 20 GW installed windmills capacity worldwide

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Since 1995, Suzlon has been developing the Indian wind energy industry in accordance with the late Chairman and much-celebrated creator Tulsi Tanti's vision.

• 06 June, 2023
• 8:59 AM
• less than a minute

Bank of Baroda revolutionizes ATM experience with UPI-enabled cash withdrawals

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A QR code is displayed on the ATM screen once the customer enters the withdrawal amount after selecting the 'UPI Cash Withdrawal' option at a Bank of Baroda ATM.

• 06 June, 2023
• 8:37 AM
• less than a minute

Bankers watch for clues regarding the Reserve Bank of India's liquidity strategy

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On Monday, it was revealed that a second VRRR auction for 1 trillion rupees would take place, this one lasting only four days.

• 06 June, 2023
• 2:29 AM
• less than a minute