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  • Bulk deals on June 7: Suzlon Energy, Reliance Power, Jaiprakash Power, others exchange hands; check buyers, sellers

    According to NSE data, Achintya Securities Private Limited bought 9,83,90,808 shares of Suzlon Energy at an average price of ₹13.82 and sold 9,66,39,517 shares at an average of ₹13.82.

    Suzlon Energy Limited, Reliance Power">Reliance Power Limited, Jaiprakash Power Ventures Limited and Goyal Aluminium saw heavy buying and selling on June 7 According to NSE data, Achintya Securities Private Limited bought 9,83,90,808 shares of Suzlon Energy at an average price of ₹ 1382 and so

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  • Nvidia hits $3tn and surpasses Apple as world’s second most valuable company

    AI chipmaker’s stock has surged 147% so far in 2024, underscoring shift in tech world as demand for its processors far outstrip supplyShares of Nvidia rallied to record highs on Wednesday, with the artificial-intelligence chipmaker’s stock market valuation hitting the $3tn mark and overtaking Apple to become the world’s second most valuable company.The chipmaker’s stock was up 5.16% at $1,224.40, giving Nvidia a market value of $3.01tn at market close. Apple’s market capitalization was at $3.00tn at market close as its stock climbed 0.78%. Continue reading...

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  • Exxon To Pause Some Guyana Oil Output to Finish Gas-Power Project

    Exxon will pause for several weeks oil production at two platforms offshore Guyana in the third quarter of 2024 to connect them to a new pipeline expected to bring the associated natural gas onshore to a gas-fired power plant. Exxon, whose consortium produces more than 600,000 barrels per day (bpd) of oil from Guyana’s prolific Stabroek block, is working with the government of Guyana on a gas-to-energy project expected to use the associated gas in a new combined-cycle power plant onshore. The proposed project would bring associated…

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  • Sustainability enters KRAs of consumer companies

    Large consumer firms in India are advancing sustainability goals among their workforce and management.

    New Delhi: Large consumer firms in India such as Nestlé, Procter & Gamble (P&G) and Hindustan Unilever Ltd (HUL) are advancing sustainability goals among their workforce and management, and seeking out middle- and senior-level executives skilled in various sustainability aspects Alongside, they

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  • The biggest challenge is for Australia to remain front of mind for India: Philip Green

    Underlines need for Australia and India to conclude a comprehensive trade agreement at the earliest

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