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“Within the oil and gas space, there has been weakness with respect to the PSU gas space. That has favoured Reliance Industries and is reflecting in the stock price. As for its retail segment, they have been doing phenomenally well and so we are overweight on Reliance but generally we are underweight oil and gas. ”

NDTV on Thursday cited a November 2020 ruling from the Securities and Exchange Board of India (SEBI) barring the Roys from accessing the securities market until Nov. 26, 2022.

Kalpataru Power Transmissions Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 5575.91 Crore) operating in Power sector.

"Nearly half the fiscal year has passed, so I expect the prevailing uncertainty to not materially impact FY23 performance. A slowdown, if at all there is one, may impact growth in FY24 and beyond. However, I think we will get a better view of the scenario a few months down the road."

TVS Motor Company will be investing Rs 85.41 crore to acquire a 48.27% stake in Nkars Mobility Millennial Solutions Private Limited (NMMSPL), which operates Formula 1 Driver Narain Karthikeyan’s start-up ‘DriveX’, the company informed the exchanges on Wednesday.

As per the tender papers, bids have been sought for sale of 0.75 million standard cubic meters per day of gas for one year from the KG-DWN-98/2 (KG-D5) fields in the Bay of Bengal.

United Drilling Tools (Re 0.6 per share), Bhatia Communications & Retail (Re 0.05 per share), Precision Wires India (Re 0.3 per share) and Kaveri Seed Company (Rs 4 per share) had announced their interim dividends.

“Singtel and its affiliates have entered into an agreement to transfer 3.33% shares to BTL for an aggregate amount of approx. SGD 2.25 billion, leaving direct shareholding of Singtel and Bharti in Airtel at 10% and 6% respectively,” BTL said in an exchange filing Thursday.

Among the five accounts proposed last week, Kishore Biyani-promoted Future Retail, McNally Bharat Engineering and CCCL are undergoing insolvency proceedings.

Investor are now focused be on the Jackson Hole symposium that begins on Thursday, with remarks from Fed Chair Jerome Powell on Friday potentially providing clues about the pace of future rate hikes and whether the central bank can achieve a "soft landing" for the economy.