Oil India wins 12 oil & gas blocks under OALP Oil India wins 12 oil & gas blocks under OALP Apurva Joshi / Wednesday, July 17, 2019 / Article rating: 5.0 Oil India Limited (OIL) has won oil & gas blocks under Open Acreage Licensing Policy (OALP) rounds II & III by winning 12 blocks out of 32 blocks. Many leading operators had submitted bids, out of which OIL has emerged as the biggest winner.
Bond Funds are yielding over 20 per cent, should you invest now? Bond Funds are yielding over 20 per cent, should you invest now? DSIJ Intelligence / Wednesday, July 17, 2019 / Article rating: 4.5 The 10-year government bond yield is currently trading at lowest level in last 2.5 years. Read on to find what it means for mutual fund investors and should you go for it now.
Quarterly Results to watch out on July 18 Quarterly Results to watch out on July 18 DSIJ Intelligence / Wednesday, July 17, 2019 / Article rating: 3.0 The following stocks would be in focus during Wednesday’s trading session in light of their results announcement: ACC, Colgate-Palmolive, Larsen & Toubro Infotech, Rallis India and Sterlite Technology.
Wipro: Net income grew by 12.6 per cent YoY Wipro: Net income grew by 12.6 per cent YoY DSIJ Intelligence / Wednesday, July 17, 2019 / Article rating: 5.0 The company posted positive financial results for the June quarter with growth in its net income by 12.6 per cent YoY to Rs. 23.9 billion and EPS was Rs. 3.97 per share which increased by 12.5 per cent YoY, on Wednesday.
WPI Inflation sinks to 23 month low in June WPI Inflation sinks to 23 month low in June DSIJ Intelligence / Wednesday, July 17, 2019 / Article rating: 4.8 The WPI Inflation continued its declining trend as it dropped to 2.02 per cent YoY in June 2019 from 2.45 per cent YoY in May 2019, thereby plummeting to a 23-month low.
L&T receives water treatment contract in Gujarat L&T receives water treatment contract in Gujarat DSIJ Intelligence / Wednesday, July 17, 2019 / Article rating: 4.8 The Water and Effluent Treatment Business of Larsen & Toubro (L&T) Construction and Tecton Engineering & Construction LLC, UAE has secured a contract for 100 MLD Desalination plant from Industrial Development Corporation. L&T and Tecton operate as a joint venture company.
Overnight Digest: Stocks to lookout on July 18 Overnight Digest: Stocks to lookout on July 18 DSIJ Intelligence / Wednesday, July 17, 2019 / Article rating: 2.5 The stocks to watch out on July 18 include Jindal Stainless, LTI, Dhanlaxmi Bank, Wipro and Vedanta.
JSL launches co-branding initiative with P&T manufacturers JSL launches co-branding initiative with P&T manufacturers Apurva Joshi / Wednesday, July 17, 2019 / Article rating: 3.8 Jindal Stainless Limited (JSL) is launching a nationwide co-branding initiative with Pipes & Tubes (P&T) manufacturers in order to curb its counterfeit products. As per the management's estimates, 25 per cent of pipes and tubes sold annually in India bear the counterfeit branding of JSL.
Annai Infra received nod from SEBI to raise fund through IPO Annai Infra received nod from SEBI to raise fund through IPO Amir Shaikh / Wednesday, July 17, 2019 / Article rating: 5.0 Annai Infra Developers received a nod from the market watchdog Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).
Edelweiss Financial Services dips 8 per cent Edelweiss Financial Services dips 8 per cent DSIJ Intelligence / Wednesday, July 17, 2019 / Article rating: 4.7 Edelweiss Financial Services tanked more than 12 per cent as the market was rife with news that the company is planning to sell stakes in its wealth management business. The company has been losing ground since its received credit ratings downgrades.