US gasoline prices have risen to nearly $3.6 per gallon on average due to supply shortage, as per motorist group AAA. The retail prices are nearly 22% higher than the same period last month.
Analysts believe that the IEA decision does not do much to address the other problems that the global economy would face. Most of the refined products, including Jet fuel, still flow through the Strait of Hormuz, where tanker traffic has…
Mahanagar Gas Ltd reduces gas supply to industrial and commercial customers due to geopolitical issues and a directive from the Ministry of Petroleum and Natural Gas. Shares of Mahanagar Gas Ltd ended marginally higher on Wednesday, March 11, by 0.68%…
Samvardhana Motherson completed its tender offer for additional shares in Japan’s Yutaka Giken, acquiring 1.4 million shares as it moves to strengthen control.
Order relates to Assessment Year 2020–21; company had earlier contested ₹233.66 crore demand raised by tax authorities.
Adani Enterprises’ subsidiary raised its stake in Air Works India to 99.98% by acquiring an extra 14.2%. Shares closed at ₹1,974.70 on the NSE, down 1.09%.
Order relates to Assessment Year 2020–21; company had earlier contested ₹233.66 crore demand raised by tax authorities.
Wipro Ltd secures a multi-year contract with TruStage. Borosil Ltd faces production issues. Ashok Leyland invests in a new battery facility. Omnitech wins a ₹920 crore order. Here are few stocks to track ahead of Thursday’s trading session.
US stocks opened mixed Wednesday amid Iran conflict concerns and inflation data. Dow fell 325 points, S&P 500 slipped 0.2%, Nasdaq rose 0.1%. Oil prices climbed. Oracle surged 13%.
Bharat Forge will invest ₹1,600 crore in its German subsidiary to support overseas investments. while inaugurating a new landing gear machining facility in Pune, marking a push into high-precision aerospace manufacturing.