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COMEX Copper futures lingered around $4.50 per pound amid highly volatile equities and broadly supportive demand trends. The International Copper Study Group (ICSG) released preliminary data for November world copper supply and demand in its February 2022 Copper Bulletin. Preliminary data indicates that world copper mine production increased by about 2.5% over the first eleven months of 2021, with concentrate production increasing by around 3.9% […]

IFCI has allotted 6,10,12,812 number of equity shares at a price of 16.39 each (inter-alia including security premium of 6.39/- each share) to Government of India (GoI) (Through President of India). Pursuant to the allotment of equity shares to the GoI on preferential basis, the shareholding of GoI has increased from 63.81% to 64.86% of the total paid-up share capital of the Company. Powered by […]

Sales reported at Rs 0.01 crore

On 1 April 2022

PNC Infratech has been declared the L1 (lowest) bidder for a NHAI Project of 32.98 km long, four laning of Mathura Bypass to Gaju Village section of NH 530B in the State of Uttar Pradesh, to be executed on Hybrid Annuity Mode for a Bid Project Cost of Rs. 885.0 crore. The price bids were opened on Friday, 25 February 2022, with PNCs bid being […]

WTI Crude oil futures hit $100 per barrel as the global geopolitical worries turned into visible threat with Russian President Vladimir Putin announcing military operation in Ukraine. WTI Crude oil slipped from these elevated levels but consolidated above $90 per barrel. US Energy Information Administration (EIA) showed a second consecutive build in domestic crude oil inventories through the week ended February 18. EIA data showed […]

COMEX Silver futures shot up in line with the Gold prices as safe haven demand for bullion escalated amid Russias invasion of Ukraine. The white metal broke above $25 per ounce and quickly spiked to a multi month high of $25.67 per ounce as COMEX Gold rallied well above $1900 levels. However, a lax movement in Copper prices weighed on the commodity and an eventual […]

Gold soared well above $1900 per ounce as safe haven buying got a boost amid heavy correction in risky assets. Equities tanked amid growing fears of a full-scale Russian invasion of Ukraine. Soaring inflation also pushed up Gold to near one year high near $1980 per ounce. However, the metal eased from these levels as equities cut losses and finally closed under $1900 mark on […]

IRCON International said that it has been appointed as project implementation agency for a road project in Myanmar by Ministry of External Affairs (MEA), Government of India.

ITI announced that Brickwork Ratings India has reaffirmed the credit ratings assigned to the company as under: Fund based (Rs 2445 crore) – BWR A- (CE)/ Stable Non fund based (Rs 2024.50 crore) – BWR A2+ (CE) Powered by Capital Market – Live News