New Delhi, May 27 (IANS) The Rs 77,821 crore combined OMC profit for FY2025-26 is a 3 to 4 per cent net margin on combined turnover in the order of Rs 20 lakh crore, the working margin any healthy commodity refiner at this scale produces, according to the data.
New Delhi, May 27 (IANS) The Central government on Wednesday sanctioned more than 1,200 additional investigators and staff for the Enforcement Directorate (ED), marking the first major restructuring of the anti-money laundering agency in 15 years which is aimed at enhancing its operational capacity.
New Delhi, May 27 (IANS) Defence Minister Rajnath Singh said on Wednesday that citizens should avoid the panic purchase of petrol, diesel and LPG as the supply situation in the country today is normal, with the Government pulling out all stops to ensure the availability of all essential items.
New Delhi, May 27 (IANS) IndiGo is set to reduce its domestic flight capacity by 5-7 per cent between June and August 2026, becoming the second major Indian carrier after Air India to scale back operations amid rising cost pressures and softer post-summer travel demand.
Mumbai, May 27 (IANS) Shares of Adani Group companies have recovered all losses triggered by the 2023 Hindenburg Research report, with the conglomerate’s combined market value nearing Rs 19 trillion amid improving investor sentiment and easing regulatory concerns.
Ahmedabad, May 27 (IANS) Adani Electricity and the Adani Foundation on Tuesday announced the successful completion of a multi-day summer learning camp for BMC school students in Mumbai under the CSR initiative ‘Utthan’, designed to blend classroom education with real-life vocational exposure.
Seoul, May 27 (IANS) A labour union at Kakao, the operator of South Korea's popular messenger service, and the company's management began a second round of mediation with the Gyeonggi Regional Labor Relations Commission on Wednesday, industry sources said.
New Delhi, May 27 (IANS) India’s oil marketing companies (OMCs) are likely to benefit from recent fuel price hikes even as global crude oil markets remain volatile amid shifting demand-supply dynamics, a report said on Wednesday.
Government health expenditure in India has increased to 1.43 per cent of Gross Domestic Product (GDP) in 2022–23, which is a steady rise in public investment in the healthcare sector, according to data released by the government on Wednesday.
New Delhi, May 27 (IANS) Hyundai Motor India on Wednesday said it will increase prices of its vehicles by up to Rs 12,800 from June, citing rising input costs, higher commodity prices and increased operational expenses.
