Posts in category Business Standard
Israel-Iran tensions see OMC stocks IOC, BPCL, HPCL slip up to 4% on Friday, April 19 (19-04-2024)
Oil and marketing companies (OMCs) such as Indian Oil Corporation and Hindustan Petroleum Corporation Ltd (HPCL) slumped 4.1 per cent each at Rs 162.20 and Rs 457, respectively in intraday deals
Israel-Iran tensions see OMC stocks IOC, BPCL, HPCL slip up to 4% on Friday, April 19 (19-04-2024)
Oil and marketing companies (OMCs) such as Indian Oil Corporation and Hindustan Petroleum Corporation Ltd (HPCL) slumped 4.1 per cent each at Rs 162.20 and Rs 457, respectively in intraday deals
Volumes spurt at Birlasoft Ltd counter (19-04-2024)
Birlasoft Ltd registered volume of 5.33 lakh shares by 10:46 IST on BSE, a 6.99 fold spurt over two-week average daily volume of 76190 shares
Dollar Index Loses Momentum But Stays Firmly Around 106 Mark Amid Hawkish Fed Remarks (19-04-2024)
The dollar index futures hover around 106 mark on Friday even though the currency continues to find stiff resistance above the level despite hawkish comments from FOMC members. Minneapolis Fed President Neel Kashkari reportedly wants to be "patient," with the first rate cut "potentially" not appropriate until next year. New York Fed President John Williams also embraced the "no rush" on rate cuts view set in February by Fed Governor Christopher Waller and since echoed by many of his colleagues. US 10-year benchmark treasury yields stay elevated at 4.55%. Meanwhile, escalating tensions in Middle East is also limiting downside for the greenback and supporting the safe haven currency. Currently, the dollar index futures are quoting at 106.01, up marginally on the day. Among the basket currencies, EURUSD and GBPUSD are trading slightly lower at $1.0664 and $1.2425 respectively.
ITC arm inks pact to acquire 100% stake in Blazeclan Technologies (19-04-2024)
ITC announced that its wholly owned subsidiary, ITC Infotech India has entered into Share Purchase Agreement to acquire 100% stake in Blazeclan Technologies for total consideration of Rs 485 crore.
ICICI Securities Q4 PAT doubles to Rs 537 cr (19-04-2024)
The broking firm's consolidated net profit zoomed 104.3% to Rs 536.53 crore in Q4 FY24 as against Rs 262.68 crore recorded in Q4 FY23.
Indices trade with modest cuts; realty shares down for 5th day (19-04-2024)
At 10:28 IST, the barometer index, the S&P BSE Sensex, was down 374.90 points or 0.52% to 72,114.09. The Nifty 50 index dropped 133.80 points or 0.61% to 21,862.05.
Mahindra Lifespace records sales of Rs 350 crore at new Bengaluru-based project (19-04-2024)
Mahindra Lifespace Developers said that it has sold homes worth Rs 350 crore in two days at Mahindra Zen, which is Bengaluru's first 'net zero waste + energy' residential project.
Infosys Q4 PAT climbs 30% QoQ; revises FY25 revenue guidance to 1%-3% (19-04-2024)
The IT major's consolidated net profit jumped 30.51% to Rs 7,969 crore in Q4 FY24 from Rs 6,106 crore in Q3 FY24.
Man Industries receives approval of Shell Global for coating for steel pipeline (19-04-2024)
Following stringent technical assessment of coating mill at Anjar