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Jindal Drilling & Industries announced that Oil & Natural Gas Corpn has awarded Contract to the Company for deployment of Jack-up Rig ?Discovery I? on charter hire for a period of three years at EDR of USD 46,907.57. The above Jack-up Rig ?Discovery I? is currently operating under an existing contract, awarded by ONGC to the Company and is likely to be deployed after refurbishment […]

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It has assigned a short-term rating of ‘ICRA A1+’ to the captioned line of credit of Rs40.50 crore.

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There will be a minor impact on the production activities of the Company in the near future until the position improves, the company said.

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The key equity benchmarks traded in a narrow range in mid-afternoon trade. The Nifty hovered near the 17,100 level. PSU banks witnessed some bit of profit booking after advancing in the past two sessions. At 14:28 IST, the barometer index, the S&P BSE Sensex, was up 476.12 points or 0.84% to 57,333.91. The Nifty 50 index added 160.15 points or 0.95% to 17,089.75. In the […]

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Japans housing starts decreased for the second straight month in June, while consumer confidence weakened to the lowest level in one-and-a-half years in July, official data showed on Friday. Housing starts dropped 2.2 percent year-over-year in June, slower than the 4.3 percent fall in May, data from the Ministry of Land, Infrastructure, Transport and Tourism revealed. However, seasonally adjusted annualized housing starts rose to 845,000 […]

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