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Oil prices extend gains on China demand hopes

Updated at : 2022-11-15 07:20:01

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The easing curbs included shortening quarantine times for close contacts of cases and inbound travellers by two days, as well as eliminating a penalty on airlines for bringing in infected passengers.

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Wants to focus on core mining, industrial, cut debt; AMNS, JSW, Jindal Steel & Power, Tatas tapped. Anil Agarwal seeks Rs 10.5K-Rs 12Kcr Valuation

RBI chooses five banks to work on retail CBDC pilot

Updated at : 2022-11-15 07:20:01

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The Reserve Bank is deliberating on whether retail CBDC (also known as CBDC-R) should be interoperable with the current digital payments system or a new framework should be built. The pilot for the retail digital rupee is expected to go live soon.

HDIL lenders vote for six piecemeal resolutions

Updated at : 2022-11-15 07:20:01

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Lenders voted in favour of Adani Properties for Project BKC and Shahad Maharal Lands, while Dev Land and Housing Pvt Ltd won HDIL Tower. Separately a consortium of Khyati Realtors and Dosti Realty Ltd won three projects- Majestic Towers, Whispering Towers and Premier Kurla.

Multibagger Panama Petrochem announces dividend

Updated at : 2022-11-15 00:20:01

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Panama Petrochem is a multibagger stock with a 3-year return of 363%. The stock’s 52-week high and low are Rs 359.5 and Rs 214.45, respectively

“Equity capital markets have been volatile due to geopolitical developments and increase in rates,” said Vishal Kampani, non-executive vice chairman, JM Financial. “On the other hand, credit growth has witnessed an upward trajectory.”

Total revenues rose 23% YoY for Q2FY23 at Rs 2,384 crore compared to Rs 1,945 crore in Q2FY22

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The Securities & Exchange Board of India, or SEBI, approved Adani Group’s open offer, according to a statement on the market regulator’s website Monday, allowing Adani to buy more equity from the media firm’s minority shareholders. The conglomerate revised the offer’s roll out date to Nov. 22. It will close on Dec. 5, NDTV said last week.

US stocks open lower after hawkish Fed comments

Updated at : 2022-11-14 21:30:01

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The Dow Jones Industrial Average fell 85.8 points, or 0.25%, at the open to 33662.05

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The company’s total expenses increased 152.84% to Rs 524.33 crore in the quarter under review from Rs 207.37 crore in Q2FY22

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