Shares of oil and gas companies were in focus as Oil India hit a 52-week high while Oil and Natural Gas Corporation (ONGC) was up 3 per cent on a healthy outlook.

On Thursday, the market price of Oil India rose to Rs 198.70 as the stock rallied 5 per cent on the BSE. In the past one month, the stock has jumped 15 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex. Meanwhile, ONGC was up 3.5 per cent at Rs 123.10, trading close to its 52-week high level of Rs 128.45 touched on June 15, 2021.

Ola Electric, which made a high pitched entry into India's electric scooter market with its maiden scooter offering, S1, on August 15, will now commence sale on eptember 15 at 8 AM. According to the original plan, it was to start the online sale from Wednesday, 6 PM.

However, the company later released a tweet acknowledging problems with the website and platform. The time for starting the sale was then pushed to 9 PM. Ola CEO, Bhavish Aggarwal then issued a statement late in the evening regarding the technical glitches facing the website.

India’s Oil & Natural Gas Corp. is exploring a purchase of a significant minority stake in the $4 billion-plus Sangomar oil project off the coast of Senegal from Woodside Petroleum Ltd., according to people familiar with the matter.

State-owned ONGC is discussing acquiring an interest of 20% to 40% in the field, the people said, asking not to be identified as the matter is private. Australia-based Woodside is working with Jefferies Financial Group Inc. on the sale, which could also attract other suitors, the people said.

Reliance Infrastructure Ltd. won a four-year battle for control of money from an arbitration award that it says it needs to repay lenders.

A two-judge panel of the Supreme Court on Thursday upheld the 2017 arbitration award in favor of the Anil Ambani’s unit. The arbitration tribunal award is worth over 46.6 billion rupees ($632 million) including interest, according to Reliance Infrastructure’s annual report.

Twenty years ago, the United States sustained the first substantial attacks on the mainland since the War of 1812. It was a collective shock to all Americans who believed their country to be impregnable. The Cold War had produced the existential dread of a nuclear attack, but that always lurked in the realm of the maybe. On a day-to-day basis, Americans enjoyed the exceptional privilege of national security. No one would dare attack us for fear of massive retaliation.

Little did we imagine that someone would attack us in order to precipitate massive retaliation.

Australia's SBS TV has quoted a Taliban spokesperson as saying that women's sports and women's cricket specifically will be banned by his group in Afghanistan.

In cricket, they might face a situation where their face and body will not be covered. Islam does not allow women to be seen like this, the network quoted Ahmadullah Wasiq, the deputy head of the Taliban's cultural commission, as saying.

Shares of SBI Life Insurance Company slipped 4 per cent at Rs 1,171 on the BSE in the intra-day trade on Thursday after the Canada Pension Plan Investment Board (CPPIB) offloaded 2 per cent stake in the life insurance company via open market today.

At 09:15 am, around 23.4 million equity shares, representing 2.34 per cent equity of SBI Life Insurance Company, changed hands via block deals on the BSE, the exchange data shows.

Prime Minister Narendra Modi will chair the 13th BRICS Summit on Thursday in a virtual format, the Ministry of External Affairs said.

Brazil President Jair Bolsanaro, South African President Cyril Ramaphosa, Russian President Vladimir Putin, and Chinese President Xi Jinping will be attending the meeting.

On the heels of Google Pay offering its platform for booking fixed deposits, Amazon Pay on Wednesday also tied up for a similar arrangement with a wealth management platform.

Kuvera.in said it would provide its services, products and technology know how to create an exclusive experience for Amazon Pay’s users to facilitate investments into mutual funds, fixed deposits, and more over time.

Shares of Neogen Chemicals hit a new high of Rs 1,223.70, surging 11 per cent on the BSE in intra-day trade, in an otherwise weak market on Wednesday. In the past two trading days, the stock of the specialty chemicals company has rallied 26 per cent on improved outlook. The company had made a stock market debut on May 8, 2019 and has appreciated 469 per cent from its issue price of Rs 215 per share.

At 01:09 pm, Neogen Chemicals was trading 8 per cent higher at Rs 1,184.50, as compared to a 0.53 per cent decline in the S&P BSE Sensex.

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