News Overview

Crude oil sees mild upside in early trades on Tuesday although momentum has faded following a sharp rally in the previous session. The August contract due for expiry climbed more than 5% on Monday. WTI crude September futures are currently quoting at $99.05. Oil prices continue to move higher amid supply concerns even as demand worries from covid related curbs in China restrict sharp gains. […]

Mangalore Chemicals & Fertilizers fell 1.02% to Rs 116.85 after the company said that it had shut down its DAP/phosphatic fertilizer plant due to non-availability of raw material phosphoric acid.

Shiprocket announces acquisition of Arvinds omnichannel technology business – Omuni. The transaction will be carried out as a combination of stock and cash for total consideration of Rs. 200 crore. The combination of both entities will facilitate quick, efficient deliveries of shipments from the nearest store or warehouse, significantly reducing delivery timelines and enhancing customer experience. Both Shiprocket and Omuni are industry leaders and integral […]

The time period by which the order is to be executed is 12 months approx, the company said.

Efinaconazole is an azole antifungal used for the topical treatment of Onychomycosis of the toenails.

For consideration of Rs 152.30 cr

Collections made during the quarter were to the tune of Rs21,464 million.

Pricing led growth likely for the company

According to tanker tracking data analyzed by Bloomberg, Russian seaborne crude oil exports to Asia and specifically India and China have been on a decline.

Gold is lingering near the flat line on Tuesday as gains from dollar weakness is offset by a sharp rally in Bitcoin. Bitcoin futures soared more than 4% to hit above $22000 mark in the previous session and continues to hover near the levels, weighing down the precious metal. COMEX gold is currently down 0.27% at $1705.50 per ounce. However, lower Asian stock markets on […]