News Overview

Rural Electrification Corporation Ltd was established on July 25, 1969, in New Delhi as a private limited company under the name Rural Electrification Corporation Pvt Ltd.

The aim of the joint venture is to establish an independent and professionally operated online High Power Short Circuit Test Facility in India.

Heniken NV stated in a press release that the organic growth of beer volume rose by 4.7%, showing improvement across all regions.

This final payment brings the total payout for fiscal year 2023-24 to ₹16.50 per equity share, including the interim dividend of ₹5.50.

Both Brent and U.S. West Texas Intermediate crude futures saw a decrease of 9 cents, or 0.1%, to $86.95 and $82.74 a barrel

Spot gold was trading in a $4 range, unchanged at $2,317.03 per ounce. The ounce of U.S. gold futures was down 0.4% at $2,329.00.

A robust dollar eventually broke above the 155 yen mark for the first time since 1990 in the previous session.

In today's trade, Hindustan Unileveer, Kotak Mahindra Bank, State Bank of India, Axis Bank, LTIMindtree, etc. will be in focus.

The NSE has issued guidelines stating that clients and members can only engage in trading derivative contracts of these banned securities for the purpose of reducing their existing positions.

Welspun Corp Ltd (WCL), part of Welspun Group, is a major global manufacturer of large diameter pipes with a presence across six continents.