Ratan Naval Tata Last Rites: The final rites of Ratan Tata, the legendary industrialist and Chairman Emeritus of Tata Sons, were performed with full state honors on Wednesday evening. Tata, 86, breathed his last on Wednesday night at Mumbai’s Breach Candy Hospital.
Mumbai
Adani Power inks BTA to acquire ADTPS
ADTPS supplies power under a long-term power purchase agreement (PPA) to the Mumbai power distribution circle of Adani Electricity Mumbai.
Asia Gold-India, Singapore Buyers Cash in on Slight Price Correction
Gold Silver Reports (GSR) – Physical gold market demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.
India’s Sensex Declines Ahead of Central Bank’s Rate Review
The S&P BSE Sensex declined 0.6 percent, the most in two weeks, to 35,907.31 as of 9:53 a.m. in Mumbai, while the NSE Nifty 50 Index slipped 0.7 percent. Markets across Asia tumbled following the biggest slide on Wall Street since mid-October.
Fire breaks out at Bharat Petroleum plant in Mumbai’s Mahul, Blast at BPCL unit
The fire department reported a level 3 fire call. Mumbai Fire Chief in a WhatsApp message to BusinessLine said that seven fire engines, two foam tenders and two jumbo tankers have been rushed to the refinery complex.
Gold Prices and Lower, Silver Extends Gain in Mumbai
Gold Silver Reports – Gold edged lower in listless trade at the bullion market in Mumbai Tuesday due to lack of buying interest from stockists and retailers.