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Oil retailers losing Rs 21 per litre on petrol and Rs 28 on diesel: Jefferies
Indian state-run oil companies are facing significant losses on fuel sales, with petrol and diesel losses reaching Rs 21 and Rs 28 per litre respectively, despite a recent excise duty cut. Surging global refining margins, driven by Middle East supply disruptions and Russian infrastructure damage, have exacerbated the situation, leading to frozen retail fuel prices.
NSE kicks off IPO process, targets June-July filing
The exchange met all 20 bankers to begin drafting offer papers as it prepares retail outreach and finalizes sellers for the long-delayed listing.
Phoenix Mills shares surge over 8% as retail consumption hits all-time high in FY26
Under Phoenix Mills' hotels business, the St. Regis in Mumbai delivered revenue per average room growth of 6% in the fourth quarter from the previous year and 7% in the entire fiscal. Its occupancy was sustained at 86% in FY26.
Angel One shares up 5% despite decline in month-on-month client acquisition in March
Retail turnover market share for Angel One declined by 108 basis points on an overall basis from last month, while F&O market share declined by 101 basis points. Both metrics grew by 26 basis points and 68 basis points year-on-year.
Bonus Alert: Here's what nearly 21 lakh retail shareholders of LIC need to know
This will be the first instance since the stock listed in 2022, that it will be considering a proposal to issue bonus shares for its shareholders.
Iran war: IOC, BPCL, HPCL may have lost Rs 6/litre on diesel in Q4
State-run oil companies Indian Oil, BPCL, and HPCL incurred substantial losses on diesel sales in the fourth quarter. Petrol margins also saw a sharp decline. This was driven by a surge in crude oil prices, while domestic retail fuel prices remained unchanged. Higher LPG under-recoveries also impacted performance. Gross refining margins showed resilience.
Convenience Overtakes Discounts As Top Retail Driver For Over 70% Indians
The report highlights a structural shift in consumer priorities, where speed and accessibility are increasingly outweighing price considerations in everyday purchases.
Retail investors turn sellers as market volatility rises, Citadel Securities says By Investing.com - Investing.com India
Retail investors turn sellers as market volatility rises, Citadel Securities says By Investing.comInvesting.com India
Banks should shift exposures from vulnerable MSMEs, lay-off-exposed retail borrowers: EY
Banks must act on early risk signals amid the West Asia war. EY suggests shifting exposure from vulnerable small businesses and retail borrowers. This involves focusing on stronger sectors and resilient portfolios. Early intervention through covenant resetting and liquidity buffer enforcement is crucial.
EV retail sales in India up 24.6% at 24.52 lakh units in FY26: FADA
India's leap into the future of transport was evident in FY26, as electric vehicle sales skyrocketed to 24.52 lakh units, a noteworthy increase of 24.6 percent. The two-wheeler segment alone accounted for over 14 lakh units, underscoring consumer enthusiasm. Meanwhile, electric passenger vehicles surged with an impressive growth rate of 83.63 percent.
Retail industry reports high double-digit revenue growth in Q4, continues expansion
Retail companies like Trent, Avenue Supermarts, and V-Mart achieved robust double-digit revenue growth in the March quarter of FY26. This expansion was fueled by aggressive store additions and steady consumer demand. Companies reported significant year-on-year revenue increases, indicating a healthy retail environment.
Emiac Technologies IPO Day 6: Issue booked over 1x so far led by retail investors; check GMP, issue details
Emiac Technologies IPO opened on March 27 and closes on April 8, with a price band of ₹93 to ₹98 per share. The firm aims to raise ₹31.75 crore, focusing on digital marketing and AI solutions.