WTI Crude oil futures are holding above $100 per barrel after a China induced tumble earlier in the week. In China lockdowns to counter COVID in Shanghai have dragged into their fourth week. Meanwhile orders for mass testing, including in Beijings largest shopping district, have prompted fears of other Shanghai-style lockdowns. However, escalating Russia-Ukraine war is keeping Oil supported. The commodity is holding up despite […]
The Indian rupee is likely to shed gains in opening trades on Wednesday, 27 April 2022 tracking broad strength in American currency that surged to fresh two-year highs overnight. Meanwhile, crude prices extended gains in early trades amid geopolitical tensions with Russia warning of gas supply cuts to Poland and Bulgaria. This could further dampen rupee sentiments. On Tuesday, rupee rose by 4 paise to […]
Reliance Industries (RIL): RIL and Abu Dhabi Chemicals Derivatives Company RSC (TAZIZ) have signed the formal shareholder agreement for the TAZIZ Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) project. Bajaj Finance: Bajaj Finance reported a 80% rise in consolidated net profit to Rs 2420 crore on 26% rise in total income to Rs 8630 crore in Q4 FY22 over Q4 FY21. Wipro: Wipro announced that […]
The IT major has signed a definitive agreement to acquire US-based Rizing Intermediate Holdings, Inc. (Rizing), a global SAP consulting firm, for about $540 million.
US Commerce Department reported that new home sales plunged by 8.6 percent to an annual rate of 763,000 from an upwardly revised rate of 835,000 in February. The steep drop in new home sales came as new home sales in the South plummeted by 10.2 percent to a rate of 414,000, while new home sales in the Midwest plunged by 8.7 percent to a rate […]
SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 205 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed in Wednesday after overnight losses saw the tech-heavy Nasdaq Composite sliding to a fresh low for 2022. Chinas industrial profits rose 8.5% year-on-year in the January-March period, official data showed Wednesday. U.S. […]
Sales rise 19.04% to Rs 1567.51 crore
Sales rise 45.63% to Rs 346.77 crore
Sales rise 15.21% to Rs 8.56 crore
Sales rise 8.72% to Rs 302.07 crore
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