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COMEX Copper futures consolidated around $4.50 per pound in choppy trades amid weak equities as Russia-Ukraine worries weighed on sentiments. MCX Copper futures closed up 0.29% at Rs 764.50 per kg. Meanwhile, the International Copper Study Group (ICSG) said 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% and solvent extraction-electrowinning […]

The two-wheel manufacturer and Bharat Petroleum Corporation (BPCL), a Maharatna and Fortune Global 500 company, collaborated to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country.

Wipro: The IT major announced that it has formed a joint go-to market partnership with vFunction, a Palo Alto-based startup that has developed a scalable, AI-based technology platform for modernizing Java applications and accelerating migration to the cloud. Tata Power Company: Prayagraj Power Generation Company Limited (PPGCL) has signed an MOU with ZaaK Technologies GmbH to jointly establish Indias first Lypors pilot manufacturing plant at […]

WTI Crude oil futures saw heavy volatility in last session, moving in broad range of $95-89 per barrel. Wall Streets main indexes slipped on Tuesday as shares of Home Depot slumped after earnings, while the prospect of harsh Western sanctions against Russia over its conflict with Ukraine kept investors on edge. The commodity also saw some selling pressure on weak US economic cues. The US […]

Crompton Greaves Consumer Electricals has signed definitive agreements on 22 February 2022 to: (a) acquire upto 55% stake in Butterfly, a company engaged in the manufacturing, marketing and distribution of kitchen and small domestic appliances (SDA), at a price of Rs 1,403.00 per equity share, and (b) Trademarks for a consideration of Rs 30.38 crore. The company will also launch the mandatory open offer to […]

The bond proceeds will be used to repay the bridge loan facility at MIAL, and for capex

User Fee Collection rights at Nemili Sriperumbudur Fee Plaza.

Max Ventures and Industries has announced today that Max House – Phase 1 is now 100% leased out to marquee domestic and international clients. Its flexible managed office offering at Max House under the name of WorkWell suites is fully signed up as well. Max House is the 2nd Grade A+ commercial real estate offering by Max Estates. Max House is located at the epicenter […]

Growth of private sector output in the US gained considerable momentum in February as companies reported a notable recovery in demand from COVID-related disruptions at the start of the year. Services firms led the rise, although manufacturers likewise registered a stronger increase in output, buoyed by a slight easing of supply bottlenecks. However, February also saw a survey record rise in average prices charged for […]

Gold stayed supported in volatile trades yesterday as escalating tensions between Russia and Ukraine hurt the global equities and risk aversion. The stock markets moved sharply lower during trading on Tuesday. The Dow tanked to an eight-month closing low. Gold hit highs above $1910 per ounce but gains were capped by the strength in the US Dollar index. The dollar index stabilized above 96 mark. […]