Reliance Industries Ltd’s (RIL) strategy to diversify and dominate a number of industries will boost spending and will also help mitigate its elevated capex needs, rating agencies said on Wednesday. While S&P Global Ratings said it believes that “the company’s appetite for bigger investments or M&As will dissipate”, Fitch Group company CreditSights said its “credit […]
Oil prices eased in early Asian trade on Thursday after weak U.S. job openings data signalled cooling economic conditions which may hit demand. West Texas Intermediate U.S. crude was down 14 cents to $80.47 a barrel at 2241 GMT. On Wednesday, Brent crude futures settled up 5 cents, or 0.1%, at $84.99 a barrel. Prices […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Wednesday’s session broadly in green despite unfavourable global cues. The NSE Nifty 50 rose 44.35 points or 0.25% to 17,813.60 and BSE Sensex climbed 169.87 points or 0.28% to 60,300.58. In sectoral indices, Bank Nifty surged 151.40 points or 0.35% to 42,829.90 […]