The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Apart from OPEC-plus cutting production, the Hamas-Israel conflict has caused fears of supply disruption. The July-September quarter of 2023-24 (Q2FY24) saw positive surprises for OMCs. Strong gross refining margins (GRMs) more than offset weak marketing margins.
As Coco Gauff ponders a fortnight without tennis following her first-round loss at Wimbledon, she might be tempted to phone one of the sport's most accomplished coaches.
After 16 days of intense efforts by multiple agencies, all 41 workers trapped in Uttarakhand's Silkyara tunnel in Uttarkashi have safely been evacuated on Tuesday evening.
While many of them were engaged by Israeli forces, some managed to sneak back into Gaza with more than 200 civilian hostages.
The raid was made collectively by the crime branch and police on the tip-off received by the Board of Control for Cricket in India (BCCI) vigilance.
News of all that's transpired on and off the football field
As 'spot-fixing' charges haunt Pakistani cricketers, Indian sleuths probing alleged tax evasion in the multi-million IPL are now tracking trail of crores of rupees being pumped into betting syndicates in the country.
Walmart-owned fintech firm PhonePe said it has crossed 500 million lifetime registered users on its platform. With this milestone, 1 in 3 Indians are now on PhonePe. The company said it is the first Indian internet company to have reached this scale globally. This milestone has been achieved in just over 7 years since the PhonePe UPI (Unified Payments Interface) payments launched in August 2016.
Making the Pixel 8 in India will not necessarily bring the price down -- witness iPhones made in India that are more expensive than those in the US and Dubai.
Seven years after it announced Nexa, there's no mistaking the seriousness with which Maruti wants the segment to grow, says Pavan Lall.
However, foreign investors have completely shunned the infrastructure sector.
Acharya said the state government had done its best to convince the IPL authorities about the security arrangements, but they have shifted the venue "for their own reasons".
Ohanian and Williams sisters taking up golf with TGL ownership
"The charges relate to the 2021 Abu Dhabi T10 Cricket League and attempts to corrupt matches in that tournament -- these attempts were disrupted. The ICC was appointed by the ECB as the Designated Anti-Corruption Official (DACO) for the purposes of the ECB's Code for this tournament and as such are issuing these charges on the ECB's behalf," ICC said in a statement.
Weakness in HDFC Bank's net interest margin (NIM) might have bottomed out in the July-September quarter (Q2-FY24), analysts said on Tuesday, as most of the merger-related one-time adjustments have been done. The bank, they believe, should be able to grow from here on, allowing the stock to reverse its underperformance. "The weak NIM print was not unexpected given the merger and regulatory impact caused by the incremental cash reserve ratio (ICRR; 5-10 bps for the quarter).
Italian tennis player Stefano Galvani defended his compatriots caught in the betting scandal, saying that the ATP was only making an example out of them.
The Mumbai police on Saturday chargesheeted Chennai Super Kings's former team principal Gurunath Meiyappan in the betting scandal that rocked the sixth edition of the Indian Premier League earlier this year.
Following are the betting odds for the winners of the 2022 FIFA World Cup and the top goalscorer at the tournament, which will be held in Qatar from Nov. 20-Dec. 18.
Police caught red-handed four members of a gang, who were allegedly placing bets on IPL matches, during a raid at a marriage palace at Gill road.
What stands out for Kuldeep 2.0 is his aggressive approach.
Alibaba is playing a big role in helping to train the senior management of the upcoming Paytm Payment Bank
The first half of 2023 has ended on a satisfying note, what with the latest Bollywood release, Satyaprem Ki Katha, doing well in its opening extended weekend of four days.
What is most troubling is that not a single party that is part of INDIA has talked about any kind of reform and economic sense, argues R Jagannathan.
Inbound M&A into India totals $9.86 billion this year, the highest in Asia.
Hopes soar on currency gaining more if Modi becomes the Prime Minister.
After acquiring brands such as Yardley from Procter & Gamble and Finesse and AquaNet from Unilever, Lornamead , the UK-based personal care products company, betting big on India.
Will Rohit continue playing Test cricket for the next two years and complete the upcoming cycle?
The company, now a part of the BBC Worldwide family, is eyeing the projected magic figure of 50 million outbound travellers (Indians travelling abroad) by 2020.
At a time when the market is betting on a 'higher for longer' global interest rate view, Accenture's (ACN) weak revenue forecast is a negative read-through for the Indian IT firms, according to analysts. The Dublin-based company sees its revenue growth at 2-5 per cent in constant currency (cc) for the financial year 2024 (FY24), below the pre-Covid levels of 5-8 per cent for FY17-20. The weak projection, thus, signals that slower demand is likely to persist this year, and any recovery is unlikely in the near-to-medium term, experts note.
If error margins and confidence intervals are accounted for, even apparently decisive polls are not "sure things" and that brings us to bookies, who don't believe in any "sure things", says Devangshu Datta
'Co-living is a phenomenon that is bound to strike the right chord with young people everywhere and India will lead the charge as the testing ground for all such ideas.'
Match-fixing and illegal betting are the biggest threats to the future of soccer, UEFA president Michel Platini said on Monday.
The Buckingham Palace has been forced to deny rumours the Queen is abdicating Britain's throne in her annual Christmas Day broadcast, after a bookmaker said it was suspending bets following a flurry of "unusual" activity.
The stock exchange on which they are traded boasts higher profits than most of the companies whose shares are hitting new highs. Only 37 of approximately 2,000 listed companies with comparable data for 2022-23 (FY23) reported higher profits, while the rest had lower profits. Despite rising corporate profitability, the universe of companies that outperform the National Stock Exchange (NSE) in terms of profitability has been shrinking of late, according to an analysis of companies with comparable data over the past seven years.
From the customer point of view too, LFP batteries are safer and offer a longer life.
A day after getting permission to raise its Unified Payments Interface (UPI) user base to 100 million, WhatsApp on Thursday said it has plans to make significant investments in 'payments on WhatsApp' across India, including India-first features and driving adoption. The company, however, did not share details of its plans. The Meta-owned messaging app got its first greenlight for its payments service from the National Payments Council of India (NPCI) in November 2020 with a cap of 20 million users. A year later, in November 2021, the limit was raised to 40 million users.
Since the start of the century, India have made it to two finals and two semis in five ODI World Cups but have just ONE title to show for. It's high time to end that barren run!
Infosys said it is in discussion with over 10 institutions globally for deploying the solution
The sector may be overcrowded with a fair number of large players and the entry of the Adani Group through its two key acquisitions, followed by the takeover of majority stake in Sanghi Industries via Ambuja Cements. Since every major player is in expansion mode, there could be a capacity surplus and hence, price wars.
Pasta procured in Italy cooked up with lightly braised vegetables that can be mimicked in India.
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