News Overview

The inspection commenced on 04.04.2022 and concluded on April 08, 2022, the company said.

Crude oil futures have slipped in tune with global cues as selling stayed in place in the commodity after the recent break under $100 per barrel mark for WTI futures. The counter currently trades at $95.66 per barrel, witnessing good support around three week low. Oil was hurt after the International Energy Agency (IEA) has announced that its member countries will be releasing a whopping […]

Surging American dollar supported by spiking treasury yields ahead of US inflation data is expected to bring the Indian rupee under pressure in opening trades on Tuesday, 12 April 2022. Besides, overnight rebound in crude oil prices are likely to further dampen rupee sentiments. On Monday, rupee pared initial gains to settle almost flat at 75.94 against the US dollar. At the interbank foreign exchange […]

Under this agreement, RITES and IIT-Delhi intend to bring in best practices by leveraging each other’s expertise and technologies to optimise operations and expand on a global level.

COMEX Copper futures slipped near one week low of $4.65 per pound. Asia Pacific stocks were mostly down on Tuesday morning and bonds extended a selloff, which left the benchmark 10-year U.S. Treasury yield at the highest since 2018. Investors continue to monitor high inflation, tighter US monetary policy, and the COVID-19 lockdowns in China. Powered by Commodity Insights

COMEX Gold futures edged up near a two week high as sentiments stayed well supported ahead of US inflation reading. Gold managed to move up above $1950 per ounce despite broad US dollar strength. Broad pricing pressure remains elevated globally, keeping Gold supported. The UN Food and Agriculture Organizations (FAO) food price index averaged 159.3 points in March, up from the previous months 141.4 points, […]

TCS: The IT majors consolidated net profit rose 1.61% to Rs 9,926 crore on 3.49% increase in net sales to Rs 50,591 crore in Q4 March 2022 (Q4 FY22) over Q3 December 2021 (Q3 FY22). On a year-on-year (YoY) basis, the IT majors net profit rose 7.35% and net sales rose 15.76% in Q4 FY22. The board recommended a final dividend of Rs 22 per […]

Australias index of business conditions doubled to +18 in March, while confidence added 3 points to +16, survey from National Australia Bank showed. The measure of business conditions picked up sharply in March as firms saw strong sales and labour conditions, while surging costs pushed retail prices higher in a worrying sign for inflation. The surveys measure of sales jumped 13 points to +24, while […]

The cement major on Monday said it has been declared as the preferred bidder for a limestone block in an e-auction conducted by the Karnataka government.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 152 points at the opening bell. Global markets: Overseas, Asian stocks are trading lower on Tuesday, as investors continue monitoring developments surrounding the Covid situation in mainland China. The major Chinese city of Shanghai has accounted for most of mainland Chinas new Covid cases and was […]