News Overview

According to a release from ONGC, the MoU would largely examine the viability and establishment of renewable energy projects in a variety of fields.

The Telecom Regulatory Authority of India (TRAI) revealed the information in its most recent monthly performance indicator report.

According to ICICI Lombard, the show cause cum demand letter relates to issues facing the whole industry, and the company will file an appropriate response in accordance with the timelines provided after consulting with its tax consultants.

Analysts of IIFL Capital Services see incremental demand support from Nagarnar steel plant ramp-up and commissioning of JSTL’s M5tpa Vijaynagar expansion by end FY24.

The solar project will be operational 12 months after the Project Development Agreement (PDA) is signed.

Over last three years, SRIN has cumulatively generated gross operating cashflows of Rs9.3bn

The price of Brent crude futures had increased by 16 cents to $96.71. WTI crude oil futures in the US increased by 20 cents to $93.88

Moreover, analysts of IIFL Capital Services expect HUL volume growth to improve to ~7-8% vs ~3-4% currently in the next two quarters, which will spur the stock price.

Later on Thursday, Fed Chair Jerome Powell is slated to speak, providing the markets with additional hints about the direction that U.S. monetary policy may take.

SWERL has scheduled a Rs 1,200 crore main repayment between September 2023 and March 2024.