Posts in category Business Standard
Stocks to Watch today: Flair Writing, UltraTech, Kesoram, Honasa, Whirlpool (01-12-2023)
Stocks to watch on Friday, December 01, 2023: Flair Writing to debut today. UltraTech and Kesoram in focus post all-stock merger deal.
Global stock index rises as dollar, bond yields climb with rates in focus (01-12-2023)
The dollar gained as investors took profits on bets it would weaken further and shrugged off economic data suggesting the Fed could be done hiking rates
Bharat Forge option trading strategy: Deploy a bull spread for Dec expiry (01-12-2023)
Nandish Shah of HDFC Securities recommends to Buy Bharat Forge 1130 CALL and simultaneously sell 1180 CALL of the November series.
TMS Ep574: Crypto exchanges, Hardik Pandya and IPL, auto stocks (30-11-2023)
Are crypto exchanges proving sceptics right? What is the importance of being Hardik Pandya? Is it time to sell passenger vehicle stocks? What are crypto exchanges and how do they work? Answers here
Thomas Cook OFS subscribed 2.1x; Mission1 buys 23% stake in Shriram AMC (30-11-2023)
The 40-million share offering saw bids for 85.7 million shares largely from institutional investors
JSW group to buy 35% stake in joint venture with SAIC Motor of China (30-11-2023)
MG Motor India JV to focus on electric vehicles
Tata Technologies stock soars after smashing debut, valued at $6.4 billion (30-11-2023)
The shares surged past the initial public offer price of 500 rupees to debut at 1,200 rupees before hitting the day's high of 1,400 rupees and ending 163% higher at 1,313 rupees
Tata Technologies stock soars nearly 2.7 times on stock market debut (30-11-2023)
Tata Tech's Rs 3,042-crore IPO, the first by a Tata Group firm in nearly two decades, had garnered nearly 70 times subscription, with bids exceeding Rs 1.5 trillion
Explained: Why Opec+ members find it hard to agree oil production quotas (30-11-2023)
OPEC+ negotiations over production quotas have often been difficult in the past. Oil production tends to vary month by month, making it difficult to fix on a permanent production target.
Petrol, diesel price revision only when oil price stabilises below $80 (30-11-2023)
State-owned fuel marketing companies are likely to revert to daily revision in prices of petrol and diesel only when international oil prices stabilise below USD 80 per barrel on a sustained basis, industry officials said.
Three state-owned fuel retailers -- Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 20th month in a row.
This is despite the raw material (crude oil) cost surging last year, leading to heavy losses in the first half of 2022-23 fiscal year before easing rates propelled them to profitability.
"There is considerable volatility in the international oil market and prices fluctuate wildly," an official said. "Oil companies can cut prices by Re 1 per litre and everyone will applaud. But when international oil prices go up, will they be allowed to raise rates remains in doubt."
India is the