All three of BPCL’s refineries will be under one entity after the amalgamation, which we expect will improve efficiency in terms of crude procurement, inventory management and hedging mechanisms.
Indian banks have benefitted from regulatory-sanctioned deferred recognition of Covid-19 pandemic-driven stress, which has led to a decline in impaired loan ratios and an earnings recovery that is being driven by lower loan impairment charges.
Larsen & Toubro (L&T) announced that The Gujarat Water Infrastructure (GWIL) bagged the engineering, procurement and construction orders for the design and construction of the Dhanki-Navda Bulk Pipeline project in Gujarat.
Ruchi Soya Industries Ltd registered volume of 55096 shares by 10:51 IST on BSE, a 14.91 fold spurt over two-week average daily volume of 3696 shares
Hindalco Industries fell 1% to Rs 583.10 after ICICI Prudential Mutual Fund (MF) sold 11.81 lakh equity shares or 0.05% stake of the company on 9 March 2022.
The company will acquire 22.50% of the equity share capital of NAO on a fully diluted basis.
The company has been declared as highest bidder with Rs26 crore bid, for the E-Auction of Assets.
The general idea is that when times are tough, the owned gold can be used to secure a loan or sold to cater to the needs of the person or the family.
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