News Overview

Brent crude futures had increased 30 cents to $80.99 per barrel. The price per barrel of U.S. West Texas Intermediate crude jumped by 38 cents to $78.73.

Essar Oil and Gas Exploration and Production (EOGEPL), owned by the Ruia brothers, is set to invest up to ₹3,000 crore in its Raniganj coal bed methane (CBM) block

In the same period last year, the company’s net profit stood at ₹178.06 Crore, reflecting significant year-on-year growth.

Gold prices edged lower on Wednesday, caught between anticipation of key US inflation data and speculation about the Federal Reserve's monetary policy stance.

The foreign exchange market witnessed contrasting moves on Wednesday.

A consortium of Gensol Engineering, Matrix Gas and Renewables Limited, has emerged as the winning bidder for 237 MW hydrogen electrolyser manufacturing capacity under PLI Scheme.

National Green Tribunal has disposed of a suo-moto application filed against Aether Industries in relation to a fire incident at its plant in Surat.

Consolidated EBITDA for the quarter stood at ₹7,992 Crore, marking a 31% increase year-on-year, demonstrating strong operational performance.

At the conclusion of the June quarter, Vedanta owned 64.92% stake in Hindustan Zinc, the majority of which was pledged.

With robust net inflows, Indian mutual funds saw aggressive churn action in equities during July 2024