INTRODUCTION Indian Oil Stock: Indian Oil Corporation Limited (IOCL) shares saw a 3% bounce on January 14, trading at ₹125 on the NSE, following a dip to a 52-week low. This recovery comes amid ongoing challenges for oil marketing companies (OMCs), which have been grappling with rising global crude oil prices. The surge in oil … Read more
Mishtann Foods shares fell 20% on Friday. Sebi has restrained Mishtann Foods and its promoter from the securities markets. This is due to alleged financial mismanagement and fraudulent transactions. The company must return nearly Rs 100 crore. ALLEGATIONS AND FINDINGS Mishtann Foods engaged in circular trading with fictitious entities. These transactions inflated financial performance, misleading … Read more
The Andhra Pradesh Metro government has approved metro rail projects for Visakhapatnam and Vijayawada. VISAKHAPATNAM METRO DETAILS Visakhapatnam’s Phase-I will have three corridors. It spans 46.23 km with 42 stations. The cost is Rs 11,498 crore. Phase-II adds a fourth corridor, extending to 76.90 km. This phase will cost Rs 14,309 crore. The project uses … Read more
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