Top market news today - 26th August 2024

Top gainer: ONGC 327 ▲ 8 (+2.7%)
Top loser: Apollo Hospital 6,810.40 ▼ 50 (-0.7%)

:star: Zomato introduces ‘order scheduling’ for customers, users can plan meals in advance
Food aggregator Zomato Ltd. has announced the launch of an advance order feature that allows customers to book their food orders up to two days before the scheduled delivery. The new service has been launched initially in select seven cities. These are Delhi-NCR, Mumbai, Bengaluru, Chandigarh, Lucknow, Ahmedabad and Jaipur. Read more

:star: Ashoka Buildcon emerges as lowest bidder for Mumbai Metropolitan Region Development Authority project worth ₹478 crore
Ashoka Buildcon said it has emerged as the lowest bidder for a Mumbai Metropolitan Region Development Authority (MMRDA) project. Shares of the firm were trading 1.7% higher on Monday following the disclosure. The work involves the design and construction of elevated road from Kalyan-Murbad road to Badlapur road and Pune link road. The quoted bid price for the project stood at ₹478 crore plus applicable GST and the work has to be completed within 36 months. Read more

:star: ONGC commences production from fifth oil well in deepwater block in Krishna Godavari
Oil and Natural Gas Corporation (ONGC) said on Sunday that it has commenced production from its fifth oil well in the Block KG-DWN-98/2 Cluster-2 asset in deepwater block in Krishna Godavari. Shares of ONGC were trading over 2% higher on Monday morning. The company said it has begun transporting and sale of associated gas, leveraging the floating production, storage, and offloading (FPSO) vessel. With this, ONGC has commissioned its gas export line from offshore to onshore terminal. Read more