News Overview

Silver futures scaled up impressively as a recent retreat led to good bargain buying amid a modest decline in the US dollar. The commodity broke above $23 per ounce mark and hit a seven month high on excellent buying support. The Indian demand trends are supportive for the white metal, thereby keeping it elevated in recent weeks despite visible stress in key industrial metal Copper. […]

COMEX Copper futures stayed well supported on steady equities. COMEX Copper futures rose near a two week high of $3.85 per pound. The recent slide in LME Copper inventories is also benefiting the red metal. However, the undertone is cautious as global business conditions worsened once again in the manufacturing sector in November, with the JPMorgan Global Manufacturing Purchasing Managers Index, compiled by S&P Global, […]

Oil prices remained steady on the back of broad weakness in the dollar and expectations of improving demand from top importer China. Shanghai, Guangzhou and a few other cities are lifting some quarantines despite rising case numbers amid reports that Sun Chunlan, Chinas vice-premier, announced that the nation may be ready to amend its Zero-Covid policy. Meanwhile, investors await an OPEC+ meeting on December 4th […]

COMEX Gold futures saw upbeat moves as a change in the undertone of the US Fed monetary policy narrative augured well for the metal. The dollar index steadied below 106 mark on after Federal Reserve Chair Jerome Powell signaled a slower pace of tightening ahead. Powell said that slowing down at this point is a good way to balance the risks but added that controlling […]

The Tata Group company on Friday announced that its subsidiary, Titan Holdings International FZCO, had incorporated a wholly owned subsidiary, Titan International QFZ LLC, in Qatar.

Aditya Birla Capital has allotted 43,181 Equity Shares of the face value of Rs 10/- each on 2 December 2022 pursuant to exercise of Options under ABCL Scheme 2017. Consequent to the above allotment, the Paid-up Equity Share Capital of the Company will increase from Rs 24,16,82,18,590 (i.e. 2,41,68,21,859 equity shares of face value Rs 10/- each) to Rs 24,16,86,50,400 (i.e. 2,41,68,65,040 equity shares of […]

At meeting held on 03 December 2022

Hatsun Agro Product announced the terms of the proposed rights issue as under: a. Total number of Equity Shares and Rights Issue size: up to 71,85,444 fully paid-up Equity Shares aggregating up to Rs. 301.07 crore b. Rights Issue Price: Rs. 419 per Equity Share (including a premium of Rs. 418 per Equity Share) c. Record Date: 8 December 2022 d. Rights Issue period: a. […]

Avanti Feeds announced that commercial production at new Feed Manufacturing plant situated at Bandapuram, Andhra Pradesh has been successfully commenced with effect from 03 December 2022, with an estimated total cost of Rs. 125 crore. The company has expanded operations at its existing plant situated at Andhra Pradesh; through an additional capacity of 1,75,000 MTs. The total production capacity (all units) of the company has […]

Godrej Agrovet has allotted 252 equity shares under ESOP on 02 December 2022. Powered by Capital Market – Live News