Adani Enterprises Ltd, “has completed the incorporation process of a joint venture company namely Valor Petrochemicals Ltd (VPL)… with Indorama Resources Ltd, Thailand,” AEL said in the filing. The company further added, “VPL is incorporated with the object to set Refinery, Petrochemical and Chemical business.”
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields.