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Transcripts For BLOOMBERG Bloomberg 20240704

Were looking at markets moving into the mid morning. Parts of the morning session and we are not getting a lot of momentum coming through, not surprisingly so, given the momentum we have had across various parts of the equity markets. They just one the latest one to join in as the equity shares. We are back to session lows. The hang seng is zero point 3 . Other things we are tracking of course is the move up in treasuries and ironically speaking, of course, given that it may be in the outlook on treasuries, optics wise given the ratings downgrade, unexpectedly we are seeing that ironically going back into the treasury. Rishaad absolutely. This is a haven which is the one which is effectively being downgraded. There are other things at work here. We have refunding projects for wednesday skewing higher. The treasury barring estimates on monday. Financial and Corporate Bonds issuance lower. There are lots of things supporting the treasury market. This is a catalyst ideally i guess with re

Capex spending of oil & gas PSUs at Rs 6,669 cr in April

Capex spending of oil & gas PSUs at Rs 6,669 cr in April
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Megha Engineering to sell gas distribution business, reaches out to Indian Oil, others

According to reports, Megha Engineering and Infrastructures Limited (MEIL), a significant participant in the Indian infrastructure market with headquarters in Hyderabad, intends to sell Megha City Gas Distribution Private Limited (MCGDPL), which handles city gas distribution.

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