Shares of Indian Oil Corporation NSE 2.35 % Ltd. rose 0.77 per cent to Rs 96.8 in Monday’s trade. It hit an intraday high of Rs 98.55 and low of Rs 96.65, respectively, during the day. The stock quoted a 52-week high price of Rs 113.15 and low of Rs 71.15. As of 11:29AM (IST), […]
Day: February 23, 2021
Shares of GAIL (India) Ltd. fall as Nifty drops
Shares of GAIL (India) Ltd. slipped 0.48 per cent to Rs 144.65 in Monday’s trade as of 11:45AM (IST). It hit a high of Rs 145.5 and low of Rs 143.1 during the session. The stock quoted a 52-week high price of Rs 149.45 and a low of Rs 65.7. The return on equity for […]
InterGlobe Aviation Ltd. shares drop 1.98% as Sensex falls
Shares of InterGlobe Aviation NSE 0.62 % Ltd. traded 1.98 per cent down at Rs 1533.75 at 12:16PM (IST) on Monday, even as BSE benchmark Sensex dropped 752.12 points to 50137.64. The scrip had settled at Rs 1564.8 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 1786.95 and […]
Indraprastha Gas Ltd. share price down 3.07 per cent
Shares of Indraprastha Gas NSE -1.35 % Ltd. traded 3.07 per cent up at Rs 526.45 at around 02:17PM (IST) on Monday. The stock had closed at Rs 543.15 in the previous session. Equity benchmark Sensex traded 1045.87 points lower at 49843.89 around the same time. The scrip has climbed 13.47 per cent in the […]
RIL initiates oil-to-chemical hiveoff plan, expects NCLT nod by Q2
Reliance Industries has started the process of hiving off its oil-to-chemical business into a separate subsidiary aimed at inviting global investors in its energy business, the conglomerate informed the bourses late Monday. Forming an independent company for the O2C business is aimed at value unlocking through strategic partnerships, such as a potential investment by Saudi […]
Private firm starts chopper service in Vrindavan
A private company has started a chopper service for people to have a bird’s-eye view of the Vrindavan Kumbh fair and temples in surrounding areas, an official of the company said on Monday. The service was started on Sunday, he added. “It would facilitate people visiting Vrindavan Kumbh to watch majestic events like ‘Shahi Snan’ […]
5 aircraft leasing companies seek to land in GIFT city
The government’s plan to attract aircraft leasing companies to India seems to be working, with at least five companies showing interest in opening offices in GIFT City in Ahmedabad, officials told ET. Four of the companies that have shown interest plan to deal with aircraft leasing and one seeks to enter helicopter leasing in India.
Coal India, Centre for Railway Information Systems sign MoU for rakes data sharing
Coal India NSE 1.61 % on Monday entered a Memorandum of Understanding with Centre for Railway Information Systems (CRIS), a wing under Ministry of Railways for data sharing to rationalise coal supply matrix through rail mode. The access to data through Freight Operations Information System (FOIS) of Indian Railways would help Coal India monitor movement […]
Centre in bind but four states offer relief as fuel’s on fire
The Centre may be facing “dharm sankat (dilemma)” over record fuel prices. But four states have taken the lead with tax cuts to offer consumers relief and show the Centre that spiralling pump prices have less to do with rising crude but is more because of high levies. On Sunday, poll-bound West Bengal became the […]
As prices in India spiral, smuggling of fuel from Nepal rises
While the prices of petrol and diesel touched Rs 100 at some places in Rajasthan and Madhya Pradesh, this situation is turning out to be a money making business for mafias active on the borders of India and Nepal. The smuggling of petrol and diesel is taking place in areas adjoining the Nepal border with […]
RIL announces O2C biz demerger ahead of Aramco deal
Reliance Industries announced the contours of its demerger of its O2C (oil-to-chemicals) business into a wholly-owned subsidiary, in order to attract global investors like Saudi Aramco and sought shareholder and creditor approval. In a late night notification to the exchanges, RIL said the reorganisation will enable focused pursuit of opportunities across O2C value chain, improve […]
Rising Sun Energy emerges winner in NTPC auction
Small and mid-sized renewable energy developers in the country are increasingly bidding for solar power generation tenders, powered by freshly raised capital. According to sources, the winner in the latest solar auction in the country was Rising Sun Energy, a small developer which bagged a 190MW project in an auction conducted by state-run power generator […]