News Overview

The Hydrocarbon Business within L&T has received a Letter of Intent for this Ultra-Mega Onshore project from a prestigious Middle Eastern client

IT stocks declined by 0.5% due to uncertainty related to the Fed's policy decision.

Recommendation: Add; target price: Rs 770

The auction petrol price will be established by a formula that includes a premium above 12.67% of the Dated Brent.

Jio aims to target middle-class and low middle-class consumers in both urban and rural markets, utilizing existing Reliance centers and Jio World Centers as contact points

Recommendation: ADD; Target Price: Rs590

The company disclosed in a regulatory filing on October 30 that it received a transfer pricing order from the Income Tax Authority, which imposed a Rs 170-crore income tax liability for the assessment year 2021-22.

Half of the IPO is reserved for Qualified Institutional Buyers (QIBs), who bid for only 2% of their allotted shares.

The proposed merger between the Indian media company and Culver Max Entertainment, the local division of Sony Group Corp. in Japan, may have accelerated as a result of the SAT's verdict (Sony Pictures).

The reserved section for employees achieved full subscription, standing at 1.41 times.