The company reported a 30.5% net profit year-over-year increase, at ₹163.60 crores.
The agreement was signed by Diego Graffi, Chairman & MD of Piaggio Vehicles, and Ravi Chawla, MD & CEO of Gulf Oil Lubricants India.
U.S. West Texas Intermediate crude futures were up 26 cents, or 0.38%, at $69.2 a barrel, while Brent crude futures were up 29 cents, or 0.4%, at $73.2 a barrel.
The project shall be implemented on a Build, Own, Operate, and Transfer BOOT basis. The company received the letter of intent (LoI) for the project on November 25, 2024.
Nisal will be reporting to CEO and Managing Director Srini Pallia and will join Wipro's executive board.
Earlier in the session, spot gold fell 0.2% to $2,621.06 an ounce, after plunging to its lowest level since November 18.
The company will raise ₹1,590 crore through a fresh issue; all the issue proceeds (excepting offer expenses) will directly flow into the company funds.
The decision follows Unilever’s global strategy to separate its ice cream business and subsequent evaluation by an independent committee of HUL director
The value of the dollar increased by more than 2% in relation to the Mexican peso and by 1% in relation to the Canadian dollar.

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