Scoreboard
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Reliance Industries has announced proactive measures to maximize LPG production at its Jamnagar refining hub and divert natural gas from the KG-D6 Basin to priority sectors. The move comes amid global energy market volatility, ensuring uninterrupted access to essential fuels for Indian households.
Ram Ratna Wires Ltd has disclosed receipt of assessment orders from the Income Tax Department for AY 2021-22 and 2022-23, raising a demand of βΉ709.6 million. The company plans to appeal and does not expect any material impact on its financials or operations.
RNIT AI Solutions Limited has received a Notification of Award from Andhra Pradesh Technology Services Limited for designing, developing, and maintaining modules for the Commissionerate of Collegiate Education. The Tier-2 order, valued between INR 10 million and INR 100 million, marks RNITβs expansion into e-governance.
Global oil markets tumbled sharply after U.S. President Donald Trump suggested that the ongoing conflict with Iran could end soon. Brent and U.S. crude futures extended steep losses, dropping as much as 15 percent and nearly $14 per barrel as traders reacted to easing geopolitical tensions and improved supply expectations.
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