Oil cos assure public of ample fuel stocks

Indian Oil Corporation (IOC), the nation’s largest oil firm, on Friday said ample stocks of petrol, diesel and cooking gas LPG are available in the country and there is no need for panic buying of fuel. Photograph: Francis Mascarenhas/Reuters The

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January–March quarter of 2024-25, owing to higher revenues and an exceptional gain. Photograph: Shailesh

Equity MF inflow dips to Rs 24,269 cr in Apr

Inflow in equity mutual funds dipped 3.24 per cent to Rs 24,269 crore in April amid continued market volatility against the backdrop of escalating tensions between India and Pakistan following the Pahalgam terrorist attack. Illustration: Dominic Xavier/Rediff This was the

Birla Corp profit up 33%; Thermax misses estimates

Q4 Results Live Updates: Important names like Dr Reddy’s Laboratories, Manappuram Finance, Swiggy, CE Info Systems, Bank of India, India Shelter Finance Corporation, Birla Corporation, Cholamandalam Financial Holdings, Navin Fluorine International and Thermax will be reporting their earnings for the

LIC-owned NBFC declares Q4 results 2025, 10% final dividend in FY25

Life Insurance Corporation of India (LIC)-owned non-banking finance company Paisalo Digital on Friday, May 9, announced a 25% jump in standalone net profit for the fourth quarter of the financial year 2024-2025 (Q4 FY25) to ₹45 crore, as against ₹36

Jio Credit looks to raise Rs 1K cr in maiden bond issue next week

Jio Credit, formerly known as Jio Finance, is stepping into the domestic capital market next week with its maiden bond issue. Illustration: Dominic Xavier/Rediff The subsidiary of Jio Financial Services plans to raise up to Rs 1,000 crore by selling

FMCG volume growth slows to 5.1% in Q4

The volume growth of India’s FMCG industry has slowed down in the March quarter to 5.1 per cent, driven by increased consumer purchases of small-value packs, according to the latest report from data analytics firm NielsenIQ. Photograph: Pawan Kumar/Reuters Volume

Another team from India will visit Washington this month for trade talks

A team of senior officials from India will again visit Washington this month to hold discussions with their US counterparts on the proposed bilateral trade agreement (BTA), government sources said on Thursday. Illustration: Dado Ruvic/Reuters To give impetus to the

Sensex, Nifty end in red on rising India-Pak tensions

Benchmark Sensex declined by nearly 412 points in a volatile session on Thursday due to selling in banking, FMCG and auto shares triggered by escalating tensions between India and Pakistan. Photograph: Shailesh Andrade/Reuters The 30-share Sensex declined by 411.97 points

General Atlantic likely to offload 6% stake in KFin Technologies via block deals

Private equity firm General Atlantic is likely to pare its stake in financial services firm KFin Technologies Ltd by approximately 6% of the company’s total outstanding shares through block deals, sources privy to the developments told CNBC-TV18. The sale is