News Overview

Tata Steel, Coal India and Hero Motocorp hits 52-week low in Nifty.

Re-opening and expansion of Rakha Mine and development of new underground mine at Chapri shall be undertaken and commissioning of a modern concentrator plant would be done.

The money will be used for debt reduction and capital expenditures across all of the closely owned companies.

The profit after tax (PAT) increased by 10% sequentially from the Rs 387.75 crore recorded in Q2FY25.

Brent crude futures increased 24 cents, or 0.3%, to $77.16 a barrel. At $74.18, U.S. West Texas Intermediate crude futures increased 26 cents, or 0.4%.

GTPL Hathway profits tanked 57% at ₹10.2 crore against ₹23.7 crore. However, its revenue was seen increasing by 4.3% to ₹887.3 crore from ₹850.9 crore.

Spot gold remained steady at $2,670.16 per ounce. This week, the price of gold has increased by almost 1%. At $2,694.50, gold futures increased by 0.1%.

This week, the dollar gained 0.5% against the yen to purchase 158.03 yen and climbed more than 1% against the British pound

The LOI is a 50 MW/500 MWh share out of the overall 500 MW/1000 MWh project under GUVNL's Tariff-Based Global Competitive Bidding (Phase-IV), and is eligible for Viability Gap Funding.

The project shall include the installing and maintaining of 75.69 lakh smart meters in crucial zones like Varanasi, Azamgarh, Prayagraj, Mirzapur, Agra, and Aligarh.