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Top News In நம்பகத்தன்மை தொழில்கள் லிமிடெட் Today - Breaking & Trending Today

Stocks in the news: RIL, SBI, Future Retail, Dalmia Bharat and Vedanta


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Dalal Street looked set to see some weakness on Monday, as the Maharashtra government’s decision on Sunday to bring in stricter curbs to contain the spread of coronavirus is widely expected to test the recent strength in stocks.
That said, here is a list of stocks buzzing this morning.
Reliance Industries: Billionaire Mukesh Ambani s Reliance Industries said it has secured approval of its shareholders and creditors for hiving off its oil-to-chemical (O2C) business into a separate unit.
Adani Enterprises: The company said it has won a Rs 1,169.10 crore highway project in Odisha from the National Highways Authority of India (NHAI). The contract has been won by Adani Enterprises wholly-owned subsidiary Adani Road Transport Ltd (ARTL). ....

Uttar Pradesh , Dalmia Bharat , Vedanta Cairn Oil Gas , Karnataka Bank , Steel Authority Of India , Il Fs Securities Services , Payment Services , Tata Motors , Supreme Court , Adani Enterprises , Digital Bank , Ghaziabad Aligarh Expressway Private , Bajaj Auto , Authority Of India , Billionaire Mukesh Ambani Reliance Industries , Reliance Industries , Dalal Street , Billionaire Mukesh Ambani , National Highways Authority , Adani Road Transport Ltd , Reliance Retail Ventures , Kishore Biyani Led , Steel Authority , Smart Retail , V Mart Retail , Road Network ,

UPDATE 1-Indian Oil Corp buys its first Johan Sverdrup crude cargoes - sources


(Adds details, background)
SINGAPORE/NEW DELHI, April 5 (Reuters) - State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway’s Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on Monday.
IOC will take delivery of two million barrels of the North Sea crude in each of May and June, one of the sources said. Further details on the trades were not yet clear.
The move follows the Indian government’s call to cut dependence on crude from the Middle East in an escalating stand-off between India, the world’s third-largest crude importer, and Saudi Arabia, the de-facto leader of the Organization of Petroleum Exporting Countries (OPEC). ....

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Analysis: High prices, virus resurgence may cast dark clouds over India's crude runs


Singapore
Indian refiners are starting to slow their crude runs, as high retail prices have dented domestic appetite for oil products a trend that could get prolonged if the resurgence of COVID-19 in some provinces leads to another round of lockdowns and movement restrictions, analysts told S&P Global Platts.
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As states such as Maharashtra and Karnataka witness a sharp surge in cases prompting authorities to implement restrictions, analysts said that demand for certain oil products like gasoil and gasoline could face another setback, resulting in refiners to adopt a cautious approach on throughput. ....

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RIL, Google, Facebook to be pitted against Visa, Mastercard; here's how


RIL, Google, Facebook to be pitted against Visa, Mastercard; here s how
The consortium comprising Google, Facebook and Infibeam Avenue will likely offer its payment services overseas. The NUE, if granted an operating licence, is going to be positioned against global payments giants such as Mastercard and Visa in some markets
BusinessToday.In | April 5, 2021 | Updated 12:18 IST
The RIL-led consortium had applied for the NUE licence last week
Reliance Industries Ltd (RIL)-led consortium is planning to take its proposed New Umbrella Entity (NUE) global. The consortium comprising Google, Facebook and Infibeam Avenue will likely offer its payment services overseas.
The NUE, if granted an operating licence, is going to be positioned against global payments giants such as Mastercard and Visa in some markets. ....

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