News Overview

The Energy Information Administration reported an inventory draw of 3.4 million barrels for the week to May 13. At 420.8 million barrels, the EIA said, inventories of crude oil were 14 percent below the five-year average for this time of the year. Gasoline stocks shed 4.8 million barrels last week, with production averaging 9.6 million barrels daily. This compared with an inventory draw of 3.6 […]

ITC: ITC reported 11.8% growth in consolidated net profit to Rs 4191 crore on 15.7% rise in gross revenue to Rs 16227 crore in Q4 FY22 over Q4 FY21. Adani Enterprises: Adani Enterprises has incorporated a WOS namely, Adani Health Ventures Limited (AHVL), to carry on the business of healthcare related activities including, inter alia, setting up, running, administrating medical and diagnostic facilities, health aids, […]

SGX Nifty has started the day in the green

The state-run bank has appointed Sujoy Dutta as its new chief financial officer (CFO) with immediate effect.

Sales rise 14.08% to Rs 220.66 crore

DLF Ltd reported -13.35% fall in revenues yoy for the Q4FY22 quarter on consolidated basis at Rs1,652 crore

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 325 points at the opening bell. Global markets: Overseas, Asian stocks are trading lower on Thursday after heavy losses on Wall Street overnight, as investors fretted over rising global inflation. Wall Street ended sharply lower on Wednesday, with Target losing around a quarter of its stock […]

Bharti Airtel Ltd reported 22.34% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs31,500 crore

Sales rise 43.65% to Rs 651.19 crore

Sales rise 27.49% to Rs 35.06 crore