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Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analyst
Indian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its duration, payment hurdles and existing supply commitments limit fresh buying, market analyst Sumit Ritolia said. Refiners have already secured most crude requirements for the coming months through advance procurement plans.
Sumit Woods consolidated net profit declines 74.10% in the March 2026 quarter
Sales decline 13.88% to Rs 28.35 crore
Unacademy Co-Founder Sumit Jain Steps Down Ahead Of Potential upGrad Merger
The exit comes as Unacademy and upGrad Education have filed for merger approval with the Competition Commission of India.
Unacademy co-founder and test-prep business CEO Sumit Jain to step down ahead of UpGrad merger: report
Unacademy cofounder Sumit Jain will step down as CEO of its test prep business on June 30, stay on as advisor, ahead of the proposed merger with upGrad expected by end June
Power stocks rally hinges on demand, solar may face oversupply in 3-4 years: Axis Capital
Sumit Kishore, Executive Director at Axis Capital, expects power demand to pick up going forward, supported by a favourable base and improving economic activity. He believes demand growth could reach around 6% in FY27.