Standalone refiners Chennai Petro, MRPL may see pressure as OMCs sell fuel below cost

In a bid to shield consumers from a sharp rise in fuel costs, OMCs have kept retail prices unchanged even as global crude prices moved past $100 per barrel.

In a bid to shield consumers from a sharp rise in fuel costs, OMCs have kept retail prices unchanged even as global crude prices moved past $100 per barrel.

This is Aurobindo Pharma’s first share buyback in nearly two years. Back in August 2024, the company had announced the repurchase of 51.36 lakh equity shares at a price of ₹1,460 apiece. The drugmaker had spent ₹750 crore for this…

Japan’s Nikkei index increased 0.7% while shares in South Korea were up 2%. Markets in China and Hong Kong are shut for a public holiday.

Sensex Today | Stock Market LIVE Updates: For the Nifty, which recovered over 500 points from the lows last Thursday, will face a key challenge of reacting to macro developments, as well as some decent business updates from its lenders.

The Nifty Bank index made an intraday low below the 50,000 mark last Thursday, before staging a rebound of over 1,600 points from lower levels to end with gains and above the mark of 51,000.

As part of the broader arrangement, Wipro will also acquire Mindsprint, which will become a wholly-owned subsidiary of the company. The transaction is expected to close by the end of Q1 FY27.

US President Donald Trump, in an expletive-laden post on Truth Social, announced that the US will strike Iran’s power plants and bridges and that Iran would be living in hell if the Strait of Hormuz is not opened before his…

After a weekend meeting, OPEC+ has warned that there will be a prolonged impact on oil supply even after the hostilities have ended. Members approved an increase in output quotas, even as exports from the Gulf remain restricted.

From changes in its shareholding to a strong quarterly update, here are some important factors why HDFC Bank shares will be in focus on Monday, April 6.

Axis Bank posts 18.4% YoY loan growth and 13.9% deposit rise, Q3 net profit up 3% to 6489.6 crore, NII up 5%, shares close slightly higher.