Search results for ' Gas'

Freebies Dominate Andhra Assembly Polls

Freebies Dominate Andhra Assembly Polls

Rediff.com9 May 2024

The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

Rediff.com8 May 2024

'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'

BJP candidates Hans Raj Hans, Dinesh Babbu again face farmers' ire in Punjab

BJP candidates Hans Raj Hans, Dinesh Babbu again face farmers' ire in Punjab

Rediff.com8 May 2024

As part of protests, farmers ask questions to BJP leaders and show them black flags for not agreeing to their demands.

Early bird top line growth fastest in four quarters

Early bird top line growth fastest in four quarters

Rediff.com6 May 2024

The revenue growth of early birds or companies that have declared their Q4FY24 (March quarter) numbers is the highest in the last four quarters. The 178 companies (excluding their listed subsidiaries) that declared their results have reported a sales growth rate of 13.2 per cent year-on-year (Y-o-Y), taking aggregate revenue to Rs 9.1 trillion. Including other income, growth is at 16 per cent, the highest in the last four quarters.

IPL PIX: Jadeja's all-round show powers CSK to win

IPL PIX: Jadeja's all-round show powers CSK to win

Rediff.com5 May 2024

Ravindra Jadeja's superb all-rounder show powered Chennai Super Kings to a thumping 28-run victory against Punjab Kings.

'This Election Captures The Evolution Of India From 2014 To 2024'

'This Election Captures The Evolution Of India From 2014 To 2024'

Rediff.com4 May 2024

'2019 was fought on delivery. But in 2024, you can see the before and after effects.'

7 Adani group firms have received Sebi show cause notices

7 Adani group firms have received Sebi show cause notices

Rediff.com3 May 2024

Seven out of the 10 listed firms of Adani group have received show cause notices from the Securities and Exchange Board of India (Sebi) for alleged violation of related party transactions and non-compliance with listing regulations, the companies said in their regulatory filings to the stock exchanges. While group's flagship Adani Enterprises Ltd, renewable energy firm Adani Green Energy Ltd (AGEL) and city gas distributor Adani Total Gas Ltd said Sebi sent notices of their parent or holding company controlled by conglomerate's chairman Gautam Adani, ports company Adani Ports & Special Economic Zone, Adani Power, electricity transmission firm Adani Energy Solutions, and commodities firm Adani Wilmar said they have received Sebi notices.

Brokerages raise targets on RIL stock post Q4

Brokerages raise targets on RIL stock post Q4

Rediff.com1 May 2024

Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) rose nearly 1 per cent on Tuesday, hitting an intraday high of Rs 2,986.05 per share, after most brokerages reacted positively to the company's March quarter (Q4FY24) results. The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical.

India's core sectors' growth rose to 5.2% in Mar

India's core sectors' growth rose to 5.2% in Mar

Rediff.com30 Apr 2024

The growth of eight key infrastructure sectors rose to 5.2 per cent year-on-year in March due to improvement in the output of crude oil, cement and electricity, according to official data released on Tuesday. In 2023-24, the growth rate in the output of these eight sectors was 7.5 per cent, marginally down from 7.8 per cent recorded in the year-ago period.

IOC net profit halves in Q4 on fuel price cut, petchem woes

IOC net profit halves in Q4 on fuel price cut, petchem woes

Rediff.com30 Apr 2024

Indian Oil Corporation (IOC) on Tuesday reported halving of its March quarter net profit largely because of losses in the petrochemical business and shrinking margin after it announced a pre-election fuel price cut despite rising input costs. The net profit of Rs 4,837.69 crore in January-March compared to Rs 10,058.69 crore a year back and Rs 8,063.39 crore in the preceding October-December quarter, according to a stock exchange filing by the company.

India's oil import bill could swell to $101-$104 bn in FY25: ICRA

India's oil import bill could swell to $101-$104 bn in FY25: ICRA

Rediff.com30 Apr 2024

India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.

India Inc feels the heat of West Asia conflict

India Inc feels the heat of West Asia conflict

Rediff.com29 Apr 2024

Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.

Anurag Thakur repeats 'property to Muslim' claim, Cong hits back

Anurag Thakur repeats 'property to Muslim' claim, Cong hits back

Rediff.com28 Apr 2024

The BJP leader said the Congress wants to divide the country on the basis of religion and region.

The Star Gazer Stars At TIME Gala

The Star Gazer Stars At TIME Gala

Rediff.com26 Apr 2024

At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.

Oil-gas stocks: Investors must brace for negative impact in Q1 FY25

Oil-gas stocks: Investors must brace for negative impact in Q1 FY25

Rediff.com25 Apr 2024

Escalation of the conflict in West Asia between Israel and Iran has had a direct impact on the energy markets, and more broadly on the financial markets as well as the global economy.

People Will Ensure BJP Pays For This Murder'

People Will Ensure BJP Pays For This Murder'

Rediff.com25 Apr 2024

'This might prove to be a temporary gain for the BJP, but at a huge cost to the people of Gujarat and democracy in India.'

Zambia copper mine: Vedanta scouts for fundraise options

Zambia copper mine: Vedanta scouts for fundraise options

Rediff.com24 Apr 2024

Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project. A Vedanta official said its commitment to optimising capital allocation and driving expansion is a key cornerstone of its strategy for the mines. It will enhance value creation and operationalise the Konkola Copper Mines (KCM).

Iran-Israel Flare-Up Tests India's Oil Reserves

Iran-Israel Flare-Up Tests India's Oil Reserves

Rediff.com22 Apr 2024

'Any escalation that may hit the oil production of Iran or affect the oil transit through the Strait can result in a spike in oil prices.'

What if Tehran blocks Strait of Hormuz...

What if Tehran blocks Strait of Hormuz...

Rediff.com21 Apr 2024

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.

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.

Looking For Long-Term Investment?

Looking For Long-Term Investment?

Rediff.com19 Apr 2024

This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.

West Asia tensions stall India's plans to import crude oil from Iran

West Asia tensions stall India's plans to import crude oil from Iran

Rediff.com18 Apr 2024

The latest flashpoint in West Asia has derailed India's preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports. "We are always monitoring the situation when it comes to crude flows.

Some states saw higher inflation than national average, shows data

Some states saw higher inflation than national average, shows data

Rediff.com17 Apr 2024

Many individual states experienced higher inflation than the all-India figures during the financial year 2023-24 (FY24). Retail inflation figures in Telangana, Haryana, Rajasthan and Dadra and Nagar Haveli have been higher than national numbers every month of this financial year, shows a Business Standard analysis of state-wise figures, after the March inflation data was released on Friday. Experts noted that persistent high food inflation along with differences in the weights of rural and urban indices plays into the regional variation in inflation rates.

Unveiling Paris Olympics' most stylish looks

Unveiling Paris Olympics' most stylish looks

Rediff.com17 Apr 2024

Designer Berluti reveals opening ceremony tuxedo for French athletes

8 Union ministers, 2 ex-CMs, in fray in first phase of LS polls

8 Union ministers, 2 ex-CMs, in fray in first phase of LS polls

Rediff.com17 Apr 2024

Eight Union ministers, two former chief ministers and one ex-governor are among those who are set to test their electoral fate in the first phase of elections on April 19 when 102 seats across 21 states and Union territories will go to polls.

How To Prevent Terror On The High Seas

How To Prevent Terror On The High Seas

Rediff.com17 Apr 2024

The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).

Centre in a huddle to understand impact of the Iran-Israel tensions

Centre in a huddle to understand impact of the Iran-Israel tensions

Rediff.com16 Apr 2024

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.

Nifty cos' profit growth seen at slowest in 5 qtrs

Nifty cos' profit growth seen at slowest in 5 qtrs

Rediff.com16 Apr 2024

The brokerage earnings estimate for the January-March 2024 quarter (Q4FY24) for Nifty 50 companies hints at a slowdown in corporate profit growth while revenue increase is likely to be in low single digits as in the previous two quarters. According to various brokerage estimates, the companies' combined net profits are expected to grow 3.1 per cent year-on-year (Y-o-Y) in Q4FY24, the slowest in the last five quarters. For comparison, the index companies' combined net profits were up 8.2 per cent Y-o-Y in Q3FY24 and 3.4 per cent Y-o-Y in Q4FY23.

'Tamil voters don't like to be told what to do'

'Tamil voters don't like to be told what to do'

Rediff.com16 Apr 2024

'Modi is trying avenues to convince people why they should vote for the BJP.'

FPIs jettison FMCG, auto shares in March voyage

FPIs jettison FMCG, auto shares in March voyage

Rediff.com15 Apr 2024

Foreign portfolio investors (FPIs) were sellers of fast-moving consumer goods (FMCG), automotive (auto), and financial stocks during the second half of March. FMCG stocks saw selling worth Rs 4,939 crore, followed by auto (Rs 2,085 crore), financial services (Rs 1,900 crore), and consumer durables (Rs 1,175 crore), according to data collated by PRIME Infobase. FPIs also sold oil and gas stocks worth roughly Rs 1,169 crore.

'I Am Here To Be With My People'

'I Am Here To Be With My People'

Rediff.com10 Apr 2024

>Rohini Acharya, Lalu Yadav's daughter who donated her kidney to her father in December 2022, is on her introductory campaign trail in the constituency that has been represented by her father four times.

Sensex, Nifty hit fresh peaks on firm global cues

Sensex, Nifty hit fresh peaks on firm global cues

Rediff.com8 Apr 2024

From the Sensex basket, Maruti, Mahindra & Mahindra, NTPC, JSW Steel, Larsen & Toubro, Reliance Industries, Axis Bank, and Power Grid were the major gainers. Nestle, Wipro, Tata Consultancy Services, HDFC Bank, Titan, HCL Technologies and Infosys were the laggards.

Improving hiring expectations, investment gains positive for Info Edge

Improving hiring expectations, investment gains positive for Info Edge

Rediff.com6 Apr 2024

Although the third quarter of financial year (2023-2024) FY24 (Q3FY24) was marginally below expectations, Info Edge (India) is witnessing strong investment trends and hitting new highs. The big driver is optimism about a pickup in the jobs market, which benefits Naukri.com and could mean upgrades in Q4FY24 expectations. The JobSpeak Index, which Naukri.com releases on a monthly basis, is showing a "transformative shift".

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Sorry Mr Modi, Katchatheevu Isn't An Election Issue In Tamil Nadu

Rediff.com4 Apr 2024

Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.

Govt targets zero load shedding this summer

Govt targets zero load shedding this summer

Rediff.com3 Apr 2024

As India's electricity demand soars, the power ministry on Tuesday reviewed the power supply situation to ensure 'zero load shedding' during the summer months. The ministry has drafted plans ranging from delaying planned maintenance of thermal power stations to mandatory operations of imported coal-based and gas-based stations till September. In a series of meetings with industry stakeholders, Union Minister for Power, New, and Renewable Energy R K Singh emphasised the importance of adequate planning to avoid situations where one state has surplus power while another state faces shortages.

Infra Key Talking Point For BJP In 2024

Infra Key Talking Point For BJP In 2024

Rediff.com2 Apr 2024

Key infrastructure sectors -- from railways to power, and from coal to petroleum -- will not only be part of the achievements but promises too, as the BJP fights to get a third term at the Centre.

Maruti India's gearshift to growth: Turbocharging the product portfolio

Maruti India's gearshift to growth: Turbocharging the product portfolio

Rediff.com1 Apr 2024

The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Rediff.com31 Mar 2024

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.

LSG pacer Mayank Yadav leaves his mark on IPL debut

LSG pacer Mayank Yadav leaves his mark on IPL debut

Rediff.com31 Mar 2024

Lucknow Super Giants bowling coach Morne Morkel was all praise for young Mayank Yadav, saying he generated some serious and disconcerting pace, which was a pleasing sight for the side as it aims to go the distance in the Indian Premier League.

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