News Overview

Indian Oil Corporation, Larsen & Toubro and ReNew Power announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen sector in India. The tripartite venture is a synergistic alliance that brings together the strong credentials of L&T in designing, executing, and delivering EPC projects, IndianOils established expertise in petroleum refining along with its presence […]

At meeting held on 04 April 2022

The Company is taking action to absorb the impact of a sharp increase in commodity prices and other input costs.

The current capacity is up to 20,000 shells per month which will be increased to 50,000 shells per month in the coming months, said company.

The company has reported 16.05% yoy drop in sales volume at 1470 units during March 2022, compare to 1,751 units during March 2021.

Amit comes with nearly 2 decades of rich industry experience in Finance and Operations at marquee institutions.

Record date for IDCW is 08 April 2022

With effect from 06 May 2022

US manufacturing PMI dipped to 57.1 in March from 58.6 in February, according to a report released by the Institute for Supply Management on Friday. The modest decrease by the headline index came as the new orders index slid to 53.8 in March from 61.7 in February and the production index fell to 54.5 from 58.5. On the other hand, the employment index climbed to […]

The Indian rupee is expected to stay cautious against the dollar in early trades on Monday, 04 April 2022 as talk of new sanctions kept the broad mood watchful. Besides, dollar seen firming up could also add pressure to the local unit. For the week, spotlight will be taken by the developments around the war in Ukraine and central banks tightening plans. On Thursday, rupee […]