News Overview

SIL’s EBITDA has grown from Rs 44 crores to Rs 80 crores for the Q3 FY’22, showing a growth of 79% YoY.

Set up at an investment of Rs2,744cr it is the largest greenfield investment by the Company.

The purchase consideration of Rs4cr has been determined and the same has been financed through internal accruals and cash balances, the company said.

Here is the stock market performance at 12:30 PM today.

The framework agreement foreseen the design of new trains for the Roma – Lido di Ostia and Roma Viterbo railway network.

Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena, ranked #1 in the world for Transaction Banking by IBS Intelligence two years in a row, today announced its fully cloud-native Virtual Accounts platform, available as a SaaS offering. iGTBs Virtual Accounts Management 2022 goes well beyond the traditional use of virtual accounts for reconciliation. The solution now means a bank can […]

The company believes that the capacity addition will bring better business synergies, competitive advantage and shall meet the increased demand.

The US dollar index has been well supported over last week amid heavy risk aversion in world markets which has provided good buying impetus for the currency in safe haven demand. The index has approached near 96 mark today, hitting almost its two week high as sustained selling in equities was further aided by firm economic outlook for the US. The Conference Board Leading Economic […]

The US energy firms cut oil rigs for the first time in 13 weeks. The US oil and gas rig count, an early indicator of future output, edged up by 3 to 604 in the week to January 21, hitting the highest since April 2020, energy services firm Baker Hughes said on Friday. Baker Hughes said that the rig count is up 226 rigs, or […]

LME Inventories Data – 21 January 2022 Copper 99775 (1050), Aluminium 865950 (-7700), Nickel 93480 (-1350), Lead 53825 (-200), Zinc 167650 (-4725). All figures in tonnes, Daily change in bracket. Powered by Commodity Insights