News Overview

Feb-22 also marked the 29th month in succession that retail inflation stayed above RBI median target of 4%.

Dredging Corporation of India on 17 March 2022 will sign a contract with Cochin Shipyard (Cochin) for construction of 12,000 cubic meter hopper capacity trailer suction hopper dredger for euro 104 million under Make in India program.

Nitin Gadkari said along with ethanol, methanol, bio diesel, bio CNG and electric Green hydrogen is the fuel for the future.

COMEX Gold extended a correction from all time highs as worries over Indian demand trends and an imminent interest rate hike from the US Federal Reserve took hold of the sentiments. The metal also tracked a deep slide in crude oil prices. COMEX Gold had seen continued losses after falling under $2000 per ounce despite broad worries over Russia-Ukraine war. Indias Gold imports came in […]

ITC has on 15 March 2022 acquired in the second tranche 1040 compulsorily convertible preference shares of Rs 10 each of Mother Sparsh Care. With the aforesaid acquisition, ITC now holds 16% stake in Mother Sparsh Care on a fully diluted basis. Powered by Capital Market – Live News

Government of India is ready to take all appropriate action, as deemed fit, for mitigating market volatility and calming the rise in crude oil prices.

The US stocks rebounded for the first time in four consecutive session on Tuesday, 15 March 2022, with the Dow, the NASDAQ, and the S&P500 indexes all finishing above unchanged line. The rebound on Wall Street partly reflected bargain hunting, as investors picked up stocks at reduced levels following recent weakness. Market participants also reacted positively to another drop in oil prices and a softer-than-expected […]

"The positive outlook reflects our view that MDL's credit profile could improve further if company is able to demonstrate a track record of strong operating performance while adhering to its committed financial policies," adds Patodia.

Infosys: The IT major said that a meeting of the board of directors of the company will be held on 12 April 13 April 2022 to consider consolidated financial results of the company for the quarter and year ending 31 March 2022. The board will also consider recommending a final dividend for the financial year ending 31 March 2022. ITC: The company has acquired, in […]

The principles of agreement have been settled in the framework.