News for 'oil companies'

Is Poor Posture Giving You Back Pain?

Is Poor Posture Giving You Back Pain?

Rediff.com22 Aug 2025

rediffGURU Dr Nidhi Gupta, a physiotherapist and the founder of Merahki Holistic Wellness Company explains why it's important to correct your posture while sitting or working.

Why Sensex closed at nearly two-month low on Monday

Why Sensex closed at nearly two-month low on Monday

Rediff.com29 Jul 2025

Titan, HCL Tech and State Bank of India were also among the laggards. However, Hindustan Unilever, Asian Paints, ICICI Bank, Power Grid, HDFC Bank and ITC were the gainers.

'Pakistan Can't Afford To Annoy America'

'Pakistan Can't Afford To Annoy America'

Rediff.com11 Aug 2025

'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'

Rupee falls for second day; oil companies buy dollars

Rupee falls for second day; oil companies buy dollars

Rediff.com21 May 2014

The rupee had retreated four paise from its 11-month high levels to close at 58.63 against the dollar on Tuesday on fresh demand for the US currency from importers, amid some profit- booking in stocks.

'This Shock May Trigger Suicides'

'This Shock May Trigger Suicides'

Rediff.com25 Sep 2025

'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'

Crude realisation: Oil's slick grip threatens corporate margins, profits

Crude realisation: Oil's slick grip threatens corporate margins, profits

Rediff.com19 Apr 2024

Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.

4 dead, 500 injured in 'massive explosion' at Iranian port city

4 dead, 500 injured in 'massive explosion' at Iranian port city

Rediff.com26 Apr 2025

At least four people were killed and 516 others were injured on Saturday in a massive explosion and fire at the Iranian port city of Bandar Abbas, more than 1,000km south of capital Tehran, according to officials and state media, Al Jazeera reported.

Sensex tanks 690 points on selling in IT, auto stocks

Sensex tanks 690 points on selling in IT, auto stocks

Rediff.com11 Jul 2025

Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks. Tariff-related uncertainties amid mixed global market trends also added to the pressure, analysts said. The 30-share BSE Sensex tanked 689.81 points or 0.83 per cent to settle at 82,500.47.

'Old Tax Scheme Will Naturally Go Away'

'Old Tax Scheme Will Naturally Go Away'

Rediff.com4 Feb 2025

'We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.'

How the markets will fare this week

How the markets will fare this week

Rediff.com27 Jul 2025

Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said.

Which PSU Stocks Should You Invest In?

Which PSU Stocks Should You Invest In?

Rediff.com17 May 2025

'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'

Surprise oil output cut by OPEC+ to delay price revision in India

Surprise oil output cut by OPEC+ to delay price revision in India

Rediff.com3 Apr 2023

The surprise decision of OPEC and its allies, including Russia, to cut oil output may cause an immediate rise in prices, delaying revision in fuel prices in India, industry sources said. The grouping of Organisation of Petroleum Exporting Countries (OPEC) and its allies, called OPEC+, on Sunday decided to further cut oil output by around 1.16 million barrels. The move led to Brent rising by almost 6 per cent to $84.58 per barrel on Monday.

Indian airlines face turbulence over new global emission norms

Indian airlines face turbulence over new global emission norms

Rediff.com22 Apr 2025

'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'

Consistently healthy performance behind Marico's high stock valuation

Consistently healthy performance behind Marico's high stock valuation

Rediff.com13 May 2025

Marico reported consolidated revenue growth of 20 per cent year-on-year (Y-o-Y) during the January-March quarter (Q4) of FY25. Domestic revenue surged 23 per cent Y-o-Y, while volume growth was 7 per cent. International growth stood at 11 per cent (16 per cent in constant currency growth).

Companies Join Battle Against Sugar, Salt

Companies Join Battle Against Sugar, Salt

Rediff.com15 Jul 2024

Mondelez, Coca-Cola, PepsiCo and Nestle India have been working on bringing down the sugar, salt, and sodium content.

India Inc to double capex to $850 bn in 5 yrs: S&P report

India Inc to double capex to $850 bn in 5 yrs: S&P report

Rediff.com11 Jun 2025

Corporate India is embarking on an ambitious investment drive, with capital expenditure (capex) expected to double to $850 billion over the next five years, according to a report by S&P Global Ratings. Indian power & transmission, airlines, and green hydrogen sectors would spearhead the spending, the report said.

The Visionary Who Transformed HLL Forever

The Visionary Who Transformed HLL Forever

Rediff.com14 Jul 2025

Susim Mukul Datta has not passed away, rather he is the ever-youthful leader to all who knew him, points out R Gopalakrishnan.

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

Rediff.com26 Jun 2025

Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.

The Alaska Fiasco: Lessons For India

The Alaska Fiasco: Lessons For India

Rediff.com16 Aug 2025

The point to note for India is that we must not panic. The United States may be our largest export destination, but high tariffs will not exactly mean gloom and doom. Sure, we can throw some morsels as we continue negotiating, but we must be firm that some red lines cannot be crossed, no matter what, asserts Shreekant Sambrani.

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Reliance Q4 profit rises 2.4%, becomes 1st co with Rs 10 lakh cr networth

Rediff.com25 Apr 2025

Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.

Will govt cut petrol, diesel prices before Maha election?

Will govt cut petrol, diesel prices before Maha election?

Rediff.com19 Sep 2024

International oil prices continue to be extremely volatile, falling on one day and rising thereafter, a top oil ministry official said explaining the reason behind no reduction in petrol and diesel prices despite softening in input cost, but could not say if the rates will be cut before Maharashtra elections. Global oil benchmark Brent crude futures fell below $70 per barrel last week -- the first time since December 2021 -- but gained thereafter. Brent was trading at $74.58 per barrel on Thursday while West Texas Intermediate advanced to trade at $71.71.

Investors may want to bottom fish in stocks of oil marketing companies

Investors may want to bottom fish in stocks of oil marketing companies

Rediff.com3 Sep 2023

Margins for the oil refining and retailing sector have moved off their peaks, and the average integrated margins (refining plus marketing) for oil marketing companies (OMCs) have normalised. The ascent in crude oil prices, combined with static retail prices, has depressed marketing margins for diesel and petrol. However, the fall in marketing margins has been offset by increased gross refining margins (GRMs).

Hydrogen-run cars get a boost with Hyundai-IITM tieup

Hydrogen-run cars get a boost with Hyundai-IITM tieup

Rediff.com10 Jul 2025

The only other company working on hydrogen cars in India is Toyota Kirloskar Motor.

Key factors to drive stock markets this week

Key factors to drive stock markets this week

Rediff.com6 Jul 2025

Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors.

Sensex tanks 636 points; slips below 81K

Sensex tanks 636 points; slips below 81K

Rediff.com3 Jun 2025

From the Sensex firms, Adani Ports declined 2.42 per cent. Bajaj Finserv, Bajaj Finance, Power Grid, Eternal, IndusInd Bank, Maruti, Tata Consultancy Services and UltraTech Cement were among the biggest laggards. Mahindra & Mahindra emerged as the only gainer in the pack.

Earnings winter to persist in Q4

Earnings winter to persist in Q4

Rediff.com23 Apr 2025

Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.

Fuel efficiency norms favour big cars: Maruti's Bhargava

Fuel efficiency norms favour big cars: Maruti's Bhargava

Rediff.com12 Jul 2025

"My understanding is that the rules are weighted in favour of big cars, even though smaller cars emit fewer emissions per passenger, use less material, and consume less fuel," Bhargava said in an interview with Business Standard.

Trump's Tariffs: Why India Needs To Be Strategic

Trump's Tariffs: Why India Needs To Be Strategic

Rediff.com12 Aug 2025

In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.

Stock markets close higher on firm global trends, foreign fund inflows

Stock markets close higher on firm global trends, foreign fund inflows

Rediff.com11 Jun 2025

From the Sensex pack, HCL Tech, Infosys, Tech Mahindra, Reliance Industries, Bajaj Finserv, ICICI Bank, Tata Motors and Eternal were the lead gainers. Power Grid, Adani Ports, IndusInd Bank, Nestle, HDFC Bank and Hindustan Unilever were among the laggards.

Sensex surges over 769 pts as FMCG, power shares gain

Sensex surges over 769 pts as FMCG, power shares gain

Rediff.com23 May 2025

From the Sensex firms, Eternal, Power Grid, ITC, Bajaj Finserv, Nestle, Axis Bank, Kotak Mahindra Bank and Adani Ports were among the biggest gainers. Sun Pharma was the only laggard, declining nearly 2 per cent.

India's services sector growth remained almost flat in May

India's services sector growth remained almost flat in May

Rediff.com4 Jun 2025

The Indian services growth broadly steadied in May and was underpinned by healthy demand conditions, new client wins and greater staffing capacity, a monthly report said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 58.8 in May, marginally up from April's 58.7 and signalled another sharp rate of expansion.

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

India's Crude Imports Could Face Problems in 2025

India's Crude Imports Could Face Problems in 2025

Rediff.com9 Jan 2025

However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better bargaining position with Gulf suppliers.

Gautam Adani under US lens once again, WSJ reports

Gautam Adani under US lens once again, WSJ reports

Rediff.com2 Jun 2025

Adani Group on Monday said it does not handle any cargo coming from Iran or any Iranian-owned ship at any of its ports, as it denied any deliberate engagement in sanctions evasion. In a stock exchange filing, the group said reports of links between any of its entities and Iranian LPG are "baseless and mischievous".

Quad's Mineral Mission: PM Eyes Latin American Deals

Quad's Mineral Mission: PM Eyes Latin American Deals

Rediff.com3 Jul 2025

Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.

Gas leak at Assam ONGC well enters 4th day, 70 families evacuated

Gas leak at Assam ONGC well enters 4th day, 70 families evacuated

Rediff.com15 Jun 2025

The well has not caught fire yet, and no one is injured in the incident, he said.

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

Rediff.com16 May 2025

About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.

Crude prices at 6-month low levels fuel stocks of OMCs

Crude prices at 6-month low levels fuel stocks of OMCs

Rediff.com6 Mar 2025

Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Traders said the OMC stocks gained with crude oil prices hovering below $70 per barrel after OPEC-plus decision to increase output from April, a move which is expected to favour Indian refiners with added marketing margins on retail fuel.

Adani Wilmar Q3 profit more than doubles to Rs 411 cr

Adani Wilmar Q3 profit more than doubles to Rs 411 cr

Rediff.com27 Jan 2025

Adani Wilmar on Monday posted over twofold jump in consolidated net profit at Rs 410.93 crore for December quarter 2024-25 on strong edible oil sales. The company had logged a net profit of Rs 200.89 crore in the year-ago period.

Trump tariffs: With crude off the table, US nudges India towards LNG

Trump tariffs: With crude off the table, US nudges India towards LNG

Rediff.com14 Apr 2025

With India making it clear that the US doesn't have enough spare capacity for crude oil, Washington, DC, now wants India to sign fixed-term liquefied natural gas (LNG) contracts with American producers, multiple sources in the know said.