Oil prices snapped a seven-week losing streak as US equity markets rebounded and peace talks between Russia and Ukraine hit roadblocks, dampening expectations of Russian crude returning to global markets soon. West Texas Intermediate (WTI) crude gained nearly 1%, settling above $67 per barrel, while Brent crude edged higher but remained just below $71 per…
Mumbai, March 13: Shares of Mahanagar Telephone Nigam Ltd (MTNL) skyrocketed 18.4% in early trade on the BSE, reaching a day’s high of ₹51.30 on Thursday. The surge came after the company’s earnings of ₹2,134.61 crore from land and building asset monetization were disclosed in Lok Sabha by Minister of State for Communications Pemmasani Chandra…
New Delhi, March 13: Shares of NTPC Green Energy Ltd will be in focus on Thursday after its subsidiary, NTPC Renewable Energy Ltd, announced the commercial operation of the second and final phase of its 105 MW Shajapur Solar Project in Madhya Pradesh. Shajapur Solar Project Now Fully Operational In an exchange filing, NTPC Green…
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has successfully acquired 100% shares of Virya Infrapower Private Limited. With this acquisition, Virya Infrapower has now become a step-down subsidiary of JSW Energy. About Virya Infrapower Private Limited Virya Infrapower is a renewable energy-focused company in India, established on December 17, 2014….
Shares of Polycab India Ltd surged nearly 2% on Thursday after the company announced that it has signed an agreement with BSNL for the Bharat Net project in the Bihar Telecom Circle. The project, valued at ₹3,002.99 crore, aims to enhance broadband connectivity in the region. Stock Performance Polycab India’s stock gained 1.89%, reaching ₹5,105.75…
Tokyo, March 13: Japan’s Government Pension Investment Fund (GPIF), one of the world’s largest pension funds, is reportedly set to maintain its current asset allocation for the next five years, starting April 2025. Despite months of speculation that GPIF might increase investments in domestic stocks and bonds, equity investors see only a limited impact from…
Singapore, March 12 (Reuters): The Australian dollar (AUD) and New Zealand dollar (NZD) slid to their lowest levels against the euro since the COVID-19 pandemic, as Ukraine agreed to a U.S.-proposed ceasefire, potentially marking a step toward peace. The euro surged to A$1.7418, its highest level since April 2020, and NZ$1.9167, the strongest since March…
Singapore, March 12 (Reuters): The euro soared to a five-month high on Wednesday as Ukraine signaled readiness to accept a month-long ceasefire, boosting investor sentiment. However, global stock markets remained volatile due to uncertainty over U.S. tariff policies and concerns about a U.S. economic slowdown. European Markets React to Ceasefire Talks Following news that Ukraine…
Sydney, March 12: Australian shares extended losses on Wednesday, briefly entering correction territory as investor sentiment took a hit following reports that the White House had denied Australia an exemption from U.S. steel and aluminium tariffs. The S&P/ASX 200 index fell 1.2% to 7,793.6 as of 0001 GMT, after plunging as much as 1.6% earlier…
Bharat Electronics Limited (BEL) shares will be in focus on Tuesday as the stock trades ex-dividend today, March 11, 2025. Alongside its dividend declaration, the company announced fresh orders worth ₹843 crore, pushing its total order book for the ongoing financial year to ₹14,567 crore. BEL Dividend Details BEL had set March 11, 2025, as…