Overnight Digest: Stocks to look out on March 1
Overnight Digest: Stocks to look out on March 1

Overnight Digest: Stocks to look out on March 1

Shohini Nath Article rating: 5.0

The stocks that are likely to witness significant movement on the bourses on March 1 are REC, Indian Oil Corporation, Lupin, Ceat and Kotak Mahindra Bank 

Ramco Systems inks 7 year deal with Canadian firm
Ramco Systems inks 7 year deal with Canadian firm

Ramco Systems inks 7 year deal with Canadian firm

Advait Dharmadhikari Article rating: 5.0

Ramco Systems commenced a 7-year deal with JP Logistics by installing its end-to-end cloud logistics software at its warehouses. Reacting to the development, the stock was buzzing on the bourses on Thursday. 

ONGC up 5 per cent; to explore Mehsana assets
ONGC up 5 per cent; to explore Mehsana assets

ONGC up 5 per cent; to explore Mehsana assets

Gayathri Udyawar Article rating: 5.0

The stock of ONGC was the top gainers on BSE Sensex on Thursday following buzz that the company has applied for clearance to drill wells in Mehsana, Gujarat. ONGC gained for the second consecutive day and closed at Rs. 148.80 per share, up by 4.17 per cent. 

Ten stocks close to their 52-weeks high
Ten stocks close to their 52-weeks high

Ten stocks close to their 52-weeks high

Shital Jibhe Article rating: 5.0

The markets on February 28, 2019 opened gap up. BSE Sensex is trading at 36,020.86, up by 115.43 points and the Nifty is trading at 10,841.85, up by 35.20 points. 

Future Retail to run 7-Eleven stores in India
Future Retail to run 7-Eleven stores in India

Future Retail to run 7-Eleven stores in India

Gayathri Udyawar Article rating: 5.0

The Indian big-box retailer has entered a franchise agreement to operate 7-Eleven brand of stores in the country. 7-Eleven is a global convenience store stocking internationally popular brands of snacks and beverages.

Wipro to divest its cloud business to Alight
Wipro to divest its cloud business to Alight

Wipro to divest its cloud business to Alight

Advait Dharmadhikari Article rating: 5.0

Wipro has agreed to divest its Workday and Cornerstone OnDemand business to Alight for a cash consideration of US$110 million. Wipro will receive US$100 million of payout with a closure of the deal and the balance US$10 million after 1 year based on various performance parameters. 

SMC raises Rs. 200 crore on BSE Bond Platform
SMC raises Rs. 200 crore on BSE Bond Platform

SMC raises Rs. 200 crore on BSE Bond Platform

Gayathri Udyawar Article rating: 4.5

Surat Municipal Corporation (SMC) successfully raised Rs. 200 crore by issuing municipal bonds on a private placement basis using the BSE Bond Platform, on Wednesday. 

Saudi Arabia guns for extending oil production cuts
Saudi Arabia guns for extending oil production cuts

Saudi Arabia guns for extending oil production cuts

Advait Dharmadhikari Article rating: 5.0

Saudi Arabia’s Energy Minister Khalid al-Falih indicated that he is in favour of extending oil production cuts in the second half of 2019. This is despite US President Donald Trump demanding that oil prices be kept low.

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