The headwinds for the markets come from the US 10-year yield rising sharply to 4 per cent, the dollar index rising to 101.7, Brent crude rising above $83 and FPIs selling stocks for Rs 3,979 crore in the cash market, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
IOC logs Rs 13,750 crore Q1 PAT
Oil marketing major Indian Oil Corporation Ltd (IOC) on Friday said it closed the first quarter of FY24 with a net profit of Rs 13,750.44 crore. In a regulatory filing, the company said during Q1FY24, it had earned a total income of Rs 221,833.89 crore
DGCA imposes Rs 30 lakh penalty on IndiGo
The Directorate General of Civil Aviation (DGCA) has imposed a penalty of Rs 30 lakh on IndiGo due to four tail strikes incidents in a time period of six months.
Ola Electric records loss of $136 mn in FY23′
IPO-bound Ola Electric has reportedly recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335 million (roughly Rs 2,750 crore), missing its revenue goal disclosed publicly.
Prabhas shares his Facebook account was hacked, now restored
Pan-India star Prabhas, who was most recently seen in ‘Adipurush, has shared that his Facebook account was hacked following which he issued a statement as well on the Stories section of his Instagram.
Dulquer Salmaan’s next with Venky Atluri titled Lucky Baskhar
Dulquer Salmaan who celebrated his 37th birthday on Friday, surprised his fans with his next Pan-Indian film, titled, Lucky Baskhar, with director Venky Atluri.
‘1 in 15 children with cancer die from treatment-related complications’
Roughly one in 15 children receiving cancer treatment in low- and middle-income countries, or LMICs, die from treatment-related complications, new research published in The Lancet Oncology said.
Wawrinka advances at Croatia Open
Jiri Lehecka defeated former World No. 3 Dominic Thiem 6-3, 7-5 at the Croatia Open. 2006 champion Stan Wawrinka also advanced later in the day.
Lakshya enters semifinals of Japan Open
Ace Indian shuttler Lakshya Sen progressed to the semifinals to be the lone Indian survivor at the Japan Open Super 750 badminton tournament following the ouster of compatriots HS Prannoy and doubles pair of Satwiksairaj Rankireddy here on Friday.
Papua New Guinea qualifies for 2024 T20 World Cup
Papua New Guinea (PNG) have clinched their berth in the 2024 Men’s T20 World Cup, to be held in West Indies and the USA, after beating the Philippines by 100 runs, which guarantees a first-place finish for them in the ongoing East Asia-Pacific Qualifier.
