News Overview

NHPC rose 2.22% to Rs 32.20 after the company said that it has signed a promoters agreement with Green Energy Development Corporation of Odisha (GEDCO) for the formation of a joint venture company.

The weekly US EIA crude oil inventory report showed that the US crude oil stocks saw a draw of 2.144M barrels while gasoline stocks saw a massive 10.128M barrel rise and distillates saw a large 4.418M barrel build. Powered by Commodity Insights

The Company has not yet appointed its CEO.

The offices will operate with reduced strength as per directives by the state government to contain the spread of COVID-19.

Spandana Sphoorty Financial slumped 4.05% to Rs 398 after the NBFC reported a consolidated net loss of Rs 57.9 crore in Q2 FY22 as against a consolidated net profit of Rs 66.7 crore reported in Q2 FY21.

Australias service sector continued to expand in December, according to the latest IHS Markit PMI data, though the rate of growth slowed. The seasonally adjusted Business Activity Index fell to 55.1 in December from 55.7 in November, signalling a slower expansion. That said, the rate at which business activity rose remained at a level above the 2021 average to indicate solid growth post the easing […]

The company's exports were at 215 units in December 2021.

Garment Mantra Lifestyle is going to setup a new centralized integrated facility in Surat, Gujarat to efficiently cover the western region and scale up the operations of Poorti (textile wholesale surplus division) and also give an impetus to Price Mantra (apparel convenience store) which will strengthen their brand visibility in the region. The proposed integrated facility will scale up business operations and expected to add […]

Life Insurance Corporation of India (LIC) acquired more than 2% stake in Mahanagar Gas (MGL) via open market transactions.

His last employment was with Owens Corning India as Chief Financial Officer.