The Board of directors of Chennai Petroleum Corporation Limited (CPCL) has proposed the implementation of the 9 MMTPA Refinery Project at Cauvery Basin Refinery, Nagapattinam district, to the Board of Indian Oil Corporation Limited (IOCL). CPCL plans to do this through a joint venture, at an anticipated cost of Rs 28,983 crore.

India's largest stainless steel producer, Jindal Stainless Limited (JSL) declared that it has bounced back in terms of export volumes in the months of May and June 2020 by ramping up production in global markets. The steel giant's strategic initiative to recapture volumes in the export market has led to progressive results.

The market opened in the red on June 4, 2020. The previous trading session witnessed the Sensex going up by 284.01 points to end at 34,109.54 and the Nifty was up 82.45 points to close at 10,061.55.

Aurobindo Pharma announced today that its wholly-owned subsidiary AuroLife Pharma LLC's oral solid manufacturing facility located at Dayton, New Jersey was inspected by United States Food and Drug Administration (USFDA) and thereafter, issued a Form 483 with nine observations

The market opened in the red on June 4, 2020. The previous trading session witnessed the Sensex going up by 284.01 points to end at 34,109.54 and the Nifty was up 82.45 points to close at 10,061.55.

On June 03, 2020, Reliance Industries Limited announced the closure of its rights issue of Rs 53,124.20 crore. It was the largest rights issue in India and the fact that it came from the largest market capitalisation company of the nation was not a surprise at all. The company believes that it was also the largest rights issue in the world by any non-financial company in the last ten years.

The market opened in the red on June 4, 2020, overall volumes in futures & options currently stand at 3.22 crore contracts with a turnover of Rs. 17,25,770.69 crore.

The market opened in the red on June 4, 2020, overall volumes in futures & options currently stand at 3.22 crore contracts with a turnover of Rs. 17,25,770.69 crore.

On the profitability front, company has stated that short-term profitability may suffer because of rising input costs on account of volatile commodity prices and supply constraints.

Government of India undertaking company, Gail (India) Limited informed the bourses after-market hours on Wednesday that it has joined hands with Energy Efficiency Services Limited (EESL) to secure cooperation in the development of trigeneration projects in India. It signed a Memorandum of Understanding (MoU) to this effect.