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BPCL, HPCL, IOC Shares Surge as Crude Falls Below $70; ONGC, Oil India Face Pressure

BPCL, HPCL, IOC Shares Surge as Crude Falls Below $70; ONGC, Oil India Face Pressure

6 March 2025

Shares of Indian oil marketing companies (OMCs) jumped on March 6 after Brent crude oil dropped below $70 per barrel, its lowest in 3 years. The decline boosted stocks of Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL), and Indian Oil Corporation (IOC), which surged up to 5%. BPCL shares rose 3.2% to ₹264.20, HPCL …

Varun Beverages Share Price in Focus; Gains Over 1% on March 6, 2025

Varun Beverages Share Price in Focus; Gains Over 1% on March 6, 2025

6 March 2025

Varun Beverages Limited’s share price traded at ₹479.95, up 0.83% (+₹3.95) at 11:10 AM on the NSE from its previous close of ₹476. The stock opened at ₹482.50, touched an intraday high of ₹487.40, and recorded a low of ₹479.05. The stock saw consistent upward momentum, with notable gains of 4.79% on March 3 and 4.45% …

ONGC Unit Acquires PTC Energy for $106 Million to Boost Green Energy

ONGC Unit Acquires PTC Energy for $106 Million to Boost Green Energy

5 March 2025

Oil and Natural Gas Corporation Ltd announced on Tuesday that its subsidiary has acquired PTC Energy for ₹9.25 billion ($106.02 million). This move aligns with ONGC’s strategy to strengthen its green energy portfolio. About PTC Energy PTC Energy Ltd operates wind power projects with a total capacity of 288 megawatts. These projects are spread in …

Reliance Industries (RIL) Receives ₹23,300 Crore Demand Notice from Government Over Gas Dispute

Reliance Industries (RIL) Receives ₹23,300 Crore Demand Notice from Government Over Gas Dispute

5 March 2025

Mukesh Ambani-led Reliance Industries Ltd (RIL) informed the stock exchanges on March 04, 2025 that it has received a demand notice of ₹23,300 crore ($2.81 billion) from the Ministry of Petroleum and Natural Gas. The notice is related to a long-standing dispute over its KG-D6 gas field operations. Background of the Gas Dispute The government …

Bharat Electronics Share Price in Focus As It is Set to Announce Interim Dividend Today

Bharat Electronics Share Price in Focus As It is Set to Announce Interim Dividend Today

5 March 2025

Bharat Electronics (BEL), a leading defence PSU, will be in focus today as the company is set to declare its interim dividend for FY25. On February 25, BEL announced that its board would meet on March 5 to discuss and approve the interim dividend. Along with the dividend amount, the company is also expected to …

Stocks To Watch Today on March 06, 2025: Wipro, TCS, Zydus Lifesciences and More in Focus

Stocks To Watch Today on March 06, 2025: Wipro, TCS, Zydus Lifesciences and More in Focus

6 March 2025

Indian markets are expected to be impacted today. At 7:16 AM, GIFT Nifty futures were up by 38.50 points at 22,459.00. In the previous session, the Sensex surged by 740.30 points (1.01%) to 73,730.23, while the Nifty50 jumped by 254.65 points (1.15%) to 22,337.30. Here are the key stocks to watch today on March 05, …

No Delay in Salary Hikes; Merit Increases For Eligible Employees to be Rolled Out in August: Cognizant

No Delay in Salary Hikes; Merit Increases For Eligible Employees to be Rolled Out in August: Cognizant

5 March 2025

New Delhi, Mar 4 (PTI) Refuting reports about the delayed salary hikes, IT firm Cognizant on Tuesday said there will be no delay in its cycle and merit increases for eligible employees will be rolled out in August. The New Jersey-headquartered firm, in a statement, said it will also be paying bonuses to eligible associates …

HPCL, Tata Motors Launch Co-Branded Diesel Exhaust Fluid ‘Genuine DEF’

HPCL, Tata Motors Launch Co-Branded Diesel Exhaust Fluid ‘Genuine DEF’

5 March 2025

Mumbai, Mar 5 (PTI) Public sector oil marketing firm HPCL on Wednesday launched a co-branded diesel exhaust fluid ‘Genuine DEF’ in collaboration with Tata Motors. The co-branded diesel exhaust fluid will be available across 23,000 fuel stations of the Hindustan Petroleum Corporation Limited (HPCL) pan-India as well as over 2,000 authorised outlets of Tata Motors. …

Mindteck Announces Resignation of Anand Balakrishnan, Managing Director and CEO

Mindteck Announces Resignation of Anand Balakrishnan, Managing Director and CEO

5 March 2025

BusinessWire India Bengaluru (Karnataka) [India], March 5: Mindteck (India) Limited (BSE: 517344 and NSE: MINDTECK), the global engineering and technology solutions company with niche knowledge and expertise in the storage, medical device, semiconductor and analytical instrument industries, today announced that Anand Balakrishnan has tendered his resignation as Managing Director and Chief Executive Officer, effective May …

Top Gainers and Losers on March 5, 2025: Sensex, Nifty Rebound; Adani Ports, Tata Steel Lead Gains

Top Gainers and Losers on March 5, 2025: Sensex, Nifty Rebound; Adani Ports, Tata Steel Lead Gains

5 March 2025

On March 5, 2025, the benchmark indices, BSE Sensex and NSE Nifty50, rebounded sharply, closing over 1% higher. The 30-share Sensex surged 740.30 points, or 1.01%, to settle at 73,730.23 after touching an intraday high of 73,933.80. Meanwhile, the NSE Nifty50 ended its 10-day losing streak, climbing 254.65 points, or 1.15%, to close at 22,337.30. …

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