Oil and Gas stocks bled on June 4 as investors rushed to book profits after the sharp rally in the previous session. The Nifty Oil & Gas index slipped over 5 percent in early trade with losses led by Adani Total Gas which nosedived over 10 percent.Shares of ONGC, Gail India, and other PSUs in the sector including HPCL, Indian Oil, and BPCL also fell to 7 percent on profit-taking.The Nifty Oil & Ga...

Total toll collection in India touched Rs 64,809.86 crore in 2023-24 a 35 percent rise over the previous year and surpassing government and industry estimates, as commercial traffic surged.The total toll collection surpassed the Rs 55,000-crore estimate set by the government at the start of the year due to a sharp increase in tolled roads and the addition of new FASTag users. FASTag is the Radio F...

Adani Total Gas stock jumps 4% as production at Barsana biogas plant kicks off, In the LNG segment, Adani Total Gas is developing its first LNG Retail Outlet in Dahej, Gujarat, with plans to establish an LNG station network at strategic locations across India.Shares of Adani Total Gas jumped over 4 percent on April 1, a day after the company informed that its wholly-owned subsidiary Adani Total En...

SpiceJet raises an additional Rs 316 crore, total funds reach Rs 1,060 crore, The fresh capital infusion in the struggling airline comes amid its recent announcement of slashing its workforce by 10-15 percent.SpiceJet on Thursday said it has secured an additional Rs 316 crore, taking its total funds raised to Rs 1,060 crore through a preferential share issue.The fresh capital infusion in the strug...

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