News Overview

PAT of Rs918.9 lakh FY22 as compared to loss of Rs102.66 lakh FY21.

Zuari Agro Chemicals announced that with reference to the proposed initial public offering (IPO) of equity shares of Paradeep Phosphates (PPL and its initial public offering), a subsidiary of the companys joint venture Zuari Maroc Phosphates, the company has been informed by PPL that the Red Herring Prospectus of PPL dated 06 May 2022 was filed with the Registrar of Companies, Odisha at Cuttack, on […]

The Indian rupee is likely to extend recovery against the dollar in opening trades on Wednesday, backed by slight pull back in dollar although crude prices rebound. Investor eye key US inflation data due for the day. Dollar index holds under 104 mark as US treasury yields took a breather at around 2.95% after hitting a high of 3.20% on Monday for the first time […]

Cyient announced that the acquisition of Sentiec Oyj/Citec Engineering India is likely to be completed during the e quarter ending 30 June 2022. Powered by Capital Market – Live News

Slight pullback in the US dollar supported copper to rebound above $4.20 levels. Dollar holds under 104 mark as US treasury yields took a breather at around 2.95% after hitting a high of 3.20% on Monday for the first time since November 2018. Consumer prices in China were up 2.1 percent on year in April, exceeding expectations for an increase of 1.8 percent and was […]

The IT major has extended its strategic agreement with Cr?dit Agricole CIB to fuel Cr?dit Agricole CIBs next stage of growth.

WTI crude oil regained back above $100 mark after dropping to its lowest level in nearly two weeks, down more than 3% to touch a low at $98.22 per barrel. Lingering concerns about weakening global demand amid lockdowns in top consumer China coupled with strong dollar weighed on the commodity. Meanwhile, the American Petroleum Institute (API) reported a build for crude oil of 1.618 million […]

COMEX Gold sees mild recovery after a sharp plunge below $1840 levels ahead of the key US inflation data due on Wednesday. The yellow metal dropped to fresh three-month lows of $1830 an ounce, slipping below the previous weeks low at $1,849.80. The precious metal managed to recover from February lows following upbeat China CPI data despite ongoing covid woes. Consumer prices in China were […]

Wipro: Wipro announced that it has extended its strategic agreement with Cr?dit Agricole CIB, the corporate and investment bank division of Cr?dit Agricole Group, to fuel Cr?dit Agricole CIBs next stage of growth. Cipla: Cipla reported 12% fall in consolidated net profit to Rs 362 crore on a 14% rise in total revenue from operations to Rs 5260 crore in Q4 FY22 over Q4 FY21. […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 13 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Wednesday as investors watched for market reaction to the release of higher-than-expected Chinese inflation data for April. The producer price index (PPI) rose 8% year-on-year, the National Bureau of Statistics (NBS) […]