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Oil India Ltd., incorporated in the year 1959, is a Mid Cap company (having a market cap of Rs 21427.85 Crore) operating in Gas & Petroleum sector.

"The rupee is expected to trade with a positive bias for the day amid persistent FII inflows in domestic markets and weakness in dollar," ICICI Direct said.

While banks want the consortium to pay the additional amount, the consortium has said that it is not liable to do so.

Winner or the Startup of the Year category at the ET Startup Awards 2022, Razorpay has already surpassed its annual gross transaction value (GTV) target of $90 billion for this year, hitting the $100 billion mark even as online businesses are starting to see a slowdown.

The group will have a low-cost carrier and a full-service airline under Air India, which will be the only airline brand in the group following the merger, said executives with knowledge of the matter. An official announcement is expected within a week, they said.

Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion, while boosting the dollar, in which it is priced. The dollar index rose 0.4% against its rivals after falling to a near three-month low on Friday, making gold more expensive for other currency holders.

"I think the market got a little bit ahead of itself," said Carol Kong, a currency strategist at Commonwealth Bank of Australia, adding the market will likely get a reality check from Fed officials, helping the dollar to recoup some of its recent losses.

Spending is a worry for some investors because they believe it could buoy inflation and potentially force the Fed to ramp up their market-punishing monetary tightening policies. Softer-than-expected inflation data last week spurred hopes the Fed could temper its rate hikes, sparking a sharp rally in stocks and bonds.

The amalgamation scheme remains subject to various statutory and regulatory approvals, including from the NCLT and the respective shareholders of the companies involved, it said.In a separate filing, HDFC Life informed exchanges about the approval granted to the company by Pension Fund Regulatory and Development Authority (PFRDA) on the merger scheme shareholding changes.

ONGC, Grasim, IRCTC, Bharat Forge, Biocon, Abbott India, Balkrishna Industries, NMDC, Aarti Industries, AIA Engineering, GMR Infra, Godrej Industries and Radico Khaitan are among the companies that will announce their results for September 2022 quarter today.