News Overview

OMCs can potentially report highest ever earnings in FY24, if benefits of Russian crude sourcing were to sustain (GRM boost of US$2-3/bbl) and auto fuel margins unchanged.

The amount collected under the scheme will be invested only in debt and money market instruments and government securities.

The surge is because of the company's settlement with the market regulator regarding an alleged violation of regulatory norms

Petrol and Diesel prices in cities across India on 22-06-2023

Canvas.ai guarantees time and effort savings of up to 40-50%.

The local currency opened at 81.93 per dollar, reflecting an improvement from the previous day's closing rate of 82.04.

The IPO is purely a fresh issue of equity shares with no component of offer for sale.

NTPC has maintained a healthy dividend payout of 42%, and its stock offers a favorable dividend yield of 3.73% for Q4FY22

As part of the expanded partnership, TCS will leverage its TCS BaNCS platform to help Nest transform its administration services.

This collaboration will cater to the needs of customers across all segments of two, three, and four-wheelers.