Wednesday 18 May 2016

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Shell says will expand investments in India :-  Shell is the only global oil company to have a fuel retail licence in India. Announcement from Shell, which has invested $1 billion in India so far, comes after merger with BG Group in February.
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Royal Dutch Shell Plc. will be committing further investments in India after its February merger with BG Group Plc., a spokesperson for the oil and gas company said. Shell has so far invested around $1 billion in its India operations.
The Indian stock market is trading lower Thursday morning, with investors treading cautiously amid weak global cues. The market is also keeping an eye on assembly election results in five states, including Assam, where a victory for the BJP-led National Democratic Alliance might help lift prospects of speedier reforms from the government.
The Indian stock market continues to fall as Assembly election results are underway. BJP is set to form new government in only one state out of the five. The Sensex is down 81.75 points or 0.32% at 25622.86, and the Nifty down 22.95 points or 0.29% at 7847.20. About 1180 shares have advanced, 911 shares declined, and 138 shares are unchanged.
Lupin, Tata Steel, Tata Motors, BHEL and Wipro are top gainers while NTPC, HDFC, SBI, ITC and Bharti Airtel are losers. Sun TV tanks 11 percent as DMK is unlikely to return to power in Tamil Nadu. The AIADMK crossed halfway mark and is all set to form government in Tamil Nadu for the second consecutive time. It was a direct contest between Chief Minister J Jayalalithaa's AIADMK and DMK-Congress alliance for the 234-member assembly.

2 comments:

aditi said...

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