Oil and Natural Gas Corporation Ltd. (ONGC) has reported a gas discovery from a deepwater well in the Mahanadi Basin, around 43 km off the Odisha coast.
Oil and Natural Gas Corporation Ltd. (ONGC) has reported a gas discovery from a deepwater well in the Mahanadi Basin, around 43 km off the Odisha coast.
Geopolitical developments in the Middle East remain a key focus for financial markets. The United States and Iran have exchanged warnings, while Iran-aligned Houthi forces in Yemen have continued attacks in the region.
Waaree Energies Ltd. has received an order to supply 2 GW of solar modules to a leading solar developer. The modules are scheduled to be supplied during FY27 and FY28.
India’s infrastructure sector recorded 4.8% YoY growth in August 2026, according to government data. The expansion was supported by cement, electricity, steel and iron ore production, although several energy-related segments recorded declines.
Bank of Baroda has incorporated a new subsidiary in the pension fund management business, according to a regulatory disclosure dated September 22. The development adds another specialised financial-services entity to the bank’s group structure.
Anand Seamless Tubes has opened its SME IPO for subscription on September 22. The issue is looking to raise around Rs.25.52 crore and will remain open until September 24. The price has been fixed at Rs.72 per share.
Big alert: As per market grapevine, companies are increasingly raising equity instead of bank funding, shifting greater business risk to investors. With many SME stocks still trading at stretched valuations, avoid junk SME IPOs and check valuations and future prospects before applying.
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Indian equities are expected to open with limited movement on Monday as investors assess high crude prices, elevated US bond yields and continuing geopolitical tensions. GIFT Nifty was trading around 23,338, pointing towards a largely flat opening. The Nifty 50 had ended Friday at 23,346.40, while the Sensex closed at 74,294.96.
Brent crude declined around 2% to nearly $101.7 a barrel on Monday as markets assessed signs of recovering Saudi Arabian shipments. US West Texas Intermediate crude also remained below $100.
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