IOC posts highest revenue by any Indian co, record profit in FY22

Indian Oil Corporation (IOC), the nation's biggest oil firm, on Tuesday reported a 31.4 per cent drop in the fourth quarter net profit as record refining margins were wiped away by a margin squeeze......

Reliance likely to report drop in Q1 profit

The average estimate of 12 brokerage houses stands at Rs 6,994 crore for the June 2020 quarter. This is 30.8 per cent lower than the June 2019 quarter net profit of Rs 10,104 crore. Oil-to-telecom......

BPCL privatisation may get delayed: Fitch

Fitch Ratings on Monday said uncertainty over the bidder consortiums and process complexity, including valuation, may lead to potential delays in privatisation of India's second-largest fuel......

Reliance Q1 net jumps 18% to Rs 7,113 cr

The company's turnover dipped to Rs 64,990 crore (Rs 649.90 billion) from Rs 76,615 crore (Rs 766.15 billion) on drop in oil prices. Reliance Industries Ltd on Friday reported 18.1 per cent jump in......

Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the......