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The state-owned utility will seek shareholders approval on 29 August 2022, to raise upto Rs 6,000 crore through the issuance of bonds during the financial year 2023-24.

Gold stays pressured near $1788 an ounce on Monday, tracking dollar index that is staying close to higher levels seen on Friday. Data on Friday showed a bigger than expected jump in U.S. non-farm payroll employment in the month of July. Data from the Labor Department showed non-farm payroll employment in the U.S. spiked by 528,000 jobs in July after surging by an upwardly revised […]

For consideration of Rs 725.7 cr

On 11 August 2022

As recession worries dampened demand expectations and data indicated a gradual recovery in China's crude imports last month, oil prices fell on Monday, hovering close to multi-month lows.

Dollar extending weekend strength to Monday is likely to add pressure on the Indian rupee in opening trades although sustained foreign fund inflows coupled with lower crude oil prices is expected to support the domestic unit. The Reserve Bank on Friday raised the key interest rate — the third straight increase since May — in an effort to cool stubbornly high inflation and defend the […]

UpGrad, the largest online higher education provider in India, has raised $210 million in a new investment round from notable investors.

Cues from foreign equity markets are negative today

State Bank of India (SBI): SBIs net profit fell 6.7% to Rs 6068 crore on 10.85% rise in interest income to Rs 7,676 crore in Q1 FY23 over Q1 FY22. Hindustan Petroleum Corporation (HPCL): HPCL posted a consolidated net loss of Rs 8557.12 crore in Q1 FY23 as against net profit of Rs 2003.90 crore in Q1 FY22. Total income rose to Rs 121829.51 crore […]

The US stocks moved mostly down on Friday, 05 August 2022, with the NASDAQ and the S&P500 indexes settling below the unchanged line after a solid jobs report weighed on tech and related stocks, while the Dow index managed to hold gain line on a jump in banking and energy stocks. At the close of trade, the Dow Jones Industrial Average index inclined 76.65 points, […]