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Indianoil Corporation

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Banks, finance companies lose weight despite record earnings

Even as banks and finance companies are reporting record-high earnings, their weighting in the benchmark National Stock Exchange Nifty50 Index has seen a downward trajectory. Investors expect a......

Street remains optimistic about further gains in OMCs

After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. Photograph: Francis Mascarenhas/Reuters The......

FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent......

L&T to look at up to $4 bn investment in green hydrogen, with partners

Larsen & Toubro (L&T) will aim to invest $3-4 billion in green hydrogen projects, along with its joint venture (JV) partners, said a senior executive from the company. Photograph: PTI Photo from......

Share of L&T's slow-moving projects in order book at multi-year low

The share of slow-moving orders in the overall order book of Larsen & Toubro (L&T) is at a multi-year low. Photograph: Shailesh Andrade/Reuters This has led to a renewed focus on fast-moving......

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