There’s no big traction in Reliance Retail’s e-commerce business at present, says market expert Ajay Bagga in this interview. Edited excerpts: What could be the next trigger for Reliance NSE 0.50 % going forward from here? The stock has been consolidating. The move right now is more because of its oil and gas business. The […]
Day: June 1, 2021
Power Finance Corp. shares up 0.33% as Nifty gains
Shares of Power Finance Corporation Ltd. rose 0.33 per cent to Rs 120.9 in Monday’s trade. It hit an intraday high of Rs 121.7 and low of Rs 120.05, respectively, during the day. The stock quoted a 52-week high price of Rs 140.5 and low of Rs 74.35. As of 12:04PM (IST), the counter saw […]
InterGlobe shares drop 1.7% as Sensex rises
Shares of InterGlobe Aviation Ltd. traded 1.7 per cent down at Rs 1746.0 at 02:09PM (IST) on Monday, even as BSE benchmark Sensex gained 410.42 points to 51833.3. The scrip had settled at Rs 1776.2 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 1830.0 and Rs 873.1, respectively. […]
IGL shares decline 0.73% as Sensex climbs
Shares of the Indraprastha Gas Ltd. traded at Rs 524.55 on BSE at 10:57AM (IST) on Tuesday, down 0.73 per cent from previous close. The scrip quoted a 52-week low price of Rs 364.3 and a high of Rs 594.85. Earlier, shares of the company saw a gap up opening in the morning. A total […]
IRB InvIT FY21 profit rises 5%
NEW DELHI: IRB InvIT, the country’s first listed infrastructure investment trust, on Friday reported a 4.71 per cent increase in consolidated profit to Rs 180.84 crore for the financial year 2020-21. It had clocked a consolidated profit after income tax of Rs 172.69 crore for the financial year 2019-20, IRB InvIT said in a regulatory […]
AirAsia India extends free cancellation, reschedule facility in lockdown-hit states
No-frills carrier AirAsia India has extended free cancellation and rescheduling facility for its flights to and from Delhi, West Bengal, Karnataka, Telangana, Tamil Nadu and Maharashtra following the extension of lockdown or strict restrictions by these states, a release said on Monday. While the governments of Karnataka, Delhi and Tamil Nadu have extended the lockdown […]
IndiGo announces leave without pay scheme for senior employees to tide over impact of Covid 2nd wave
IndiGo NSE 0.63 % on Monday said senior employees will have to go on compulsory leave without pay (LWP) for up to four days per month till September as passenger traffic has reduced due to the second wave of the COVID-19 pandemic. “The second wave has been difficult for all of us and has also […]
Oil & Gas output from India’s foreign assets drops
Oil and gas production from Indian assets overseas dropped 11% in 2020-21 as Russia and the UAE cut output to meet OPEC+ supply curb commitment and as low prices delayed spending in some fields, showing how host countries’ priorities affect Indian oil NSE 0.69 % and gas investments. This is the second year of decline […]
Petrol, diesel prices rise 16 times in May
Fuel prices rose for the 16th time in May, setting new records on Monday. State oil companies have raised rates of petrol and diesel by ₹3.83-4.42 per litre in May even as crude oil prices have largely traded between $67 and $69 per barrel. Petrol costs ₹100.47 per litre in Mumbai and ₹94.23 in Delhi. […]
Dispute over a coal mine pits Poland against its neighbors
The huge hole in the ground, dug ever deeper and wider by generations of Polish strip miners feeding their country’s voracious appetite for coal, has devoured a dozen villages and nibbled away at land and homes in a 19th-century spa town on its rim. The hole has grown so big, sucking in water from miles […]
Fuel prices at new record highs; Petrol breaches Rs 94/litre for the first time in Delhi
Petrol and diesel price today: After being steady for a day, prices of petrol and diesel were hiked again on Monday, May 31, 2021, touching fresh record highs across the country. In the national capital, the petrol price rose by 29 paise while that of diesel too inched up 26 paise. Following the latest price […]
Petrol now costs almost twice as much in Mumbai than New York
Gasoline prices in India’s financial capital of Mumbai have risen past the 100-rupee-a-liter mark for the first time ever, among the costliest in the country and almost twice the price in New York. Retail prices in the city are up 11% this year and reached 100.47 rupees ($1.39) a liter Monday, Indian Oil Corp data […]