Crude prices at 6-month low levels fuel stocks of OMCs

Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Photograph: Dado Ruvic/Reuters Traders said the OMC stocks

SpiceJet posts Rs 26 crore profit in Q3

Budget airline SpiceJet on Wednesday reported a profit after tax of Rs 26 crore for the three months ended December 2024, helped by overall improved performance. Photograph: Amit Davec/Reuters The carrier had posted a loss of Rs 300 crore in

Tribunal orders liquidation of Go First

The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes. Photograph: Adnan Abidi/Reuters In May 2023, the airline filed