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Wall ​Street’s ​main indexes opened lower ​on Thursday as oil prices surged ‌to ⁠nearly $100 ⁠a barrel, fanning ​inflation worries and forcing ​traders to dial back expectations of ​U.S. ⁠interest rate ‌cuts.
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Hazel Infra, the promoter entity of shipbuilder Swan Defence and Heavy Industries, is looking to part sell their holding in the company through the offer for sale (OFS) route next week, people aware of the development said on Thursday.
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Oil prices soared Thursday, briefly trading above $100, and stock markets extended losses as fresh attacks against Gulf energy targets offset the release of crude reserves by major economies.
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Real estate company Assotech Realty will invest Rs 200 crore to develop a hotel in Shirdi, Maharashtra, and has tied up with hospitality chain Atmosphere Core for management.
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Realty firm Aurum PropTech Ltd has sold two commercial buildings in Navi Mumbai for Rs 112 crore and will use funds to prepay debt and strengthen Artificial Intelligence (AI) capabilities.
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