News Overview

Global oil benchmark Brent crude declined by 0.10% to USD 90.83 a barrel

Pidilite MEA and Grupo Puma, Spain will each own 50% of PidilitePuma's paid-up capital.

This agreement will allow Varroc Polymers to source solar power for its manufacturing plants in Karnataka and Tamil Nadu.

New loans booked during July-September quarter rose by 26% to 85.3 lakh compared to the previous fiscal's 67.6 lakh

The 4.5 km link will have two separate carriageways and multi-level interchanges at Dahisar and Bhayander for smooth entry and exit

Q1FY24 reports a 95% YoY increase in net profit to Rs 882 crore from Rs 451 crore in the corresponding quarter of the previous year

Gross non-performing asset (NPA) decreases to 1.94% from 2.35% YoY, while net NPA improves to 0.58% from 0.67% YoY.

Amidst rising inflation and global hawkishness, the RBI is likely to keep repo rates at 6.50%. However, the focus of the policy statement on October 06, 2023 could shift from rates to liquidity and the language of the RBI.

IHC claimed that the increase in its stake was a reflection of its confidence in Adani Enterprises' (AEL) capacity to "incubate" and expand airports, data centres, and green hydrogen enterprises.

Plaza Wires' IPO is priced in the range of Rs 51-54 per share.