News Overview

For consideration of Rs 1252.96 cr

Copper continued to see selling pressure amid volatile trading as the US stocks turned lower after a hawkish Fed statement. Global economic growth worries also weighed on the red metal. The global economy is entering 2022 in a weaker position than previously expected, the International Monetary Fund (IMF) warned on Tuesday, as it downgraded its global growth outlook largely due to clouds gathering over the […]

COMEX Gold futures turned sharply lower yesterday. The metal tanked from a two month high above $1850 per ounce as the US Federal Reserve on Wednesday said it is likely to hike interest rates in March and reaffirmed plans to end its bond purchases that month in what US central bank chief Jerome Powell pledged will be a sustained battle to tame inflation. Citing elevated […]

In the last 22 months, inflation has shot up to 7%, growth is back to normal levels and the labour situation is comfortable.

The Indian rupee is expected to tumble in opening trades on Thursday, 27 January 2022 tracking broad strength in the dollar overseas. Besides, sustained foreign fund outflows from Indian markets amid weakening global risk appetite after Fed signalled a rate hike could be coming soon could add further pressure on the local currency. Moreover, crude oil staying at higher levels is also expected to remain […]

TCS has made consistent, long-term efforts over the past decade to increase its brand value, including investing in major brand sponsorships.

Wipro: The IT major completed the acquisition of additional 13.3% equity stake in Encore Theme. Consequently, the companys holding in Encore Theme increased from 83.4% to 96.7%. Cipla: The pharma major reported 2.6% fall in consolidated profit after tax to Rs 729 crore in Q3FY22 on 6% rise in total revenue from operations to Rs 5479 crore in Q3FY22 over in Q3FY21. United Spirits: The […]

H.G. Infra Engineering said that it has been declared as L-1 (lowest) bidder by National Highways Authority of India (NHAI) for a Karnataka-based road project.

Sales rise 130.08% to Rs 2021.33 crore

The Federal Reserve on Wednesday said it is likely to hike interest rates in March and reaffirmed plans to end its bond purchases that month in what U.S. central bank chief Jerome Powell pledged will be a sustained battle to tame inflation. Citing elevated inflation and a strong labor market, the Federal Reserve indicated Wednesday that it plans to begin raising interest rates soon. The […]