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Mumbai CNG gets Rs 2/kg costlier from Saturday; piped cooking gas rates also raised
positive
ET Markets - Industry 42d ago

Mumbai CNG gets Rs 2/kg costlier from Saturday; piped cooking gas rates also raised

Mahanagar Gas Ltd (MGL) has increased CNG prices by Rs 2 per kg and piped cooking gas by 50 paise per unit across the Mumbai Metropolitan Region. This hike, attributed to rising gas procurement costs, impacts millions of households and public transport users, intensifying demands for auto and taxi fare increases.

MGLTCIOil Gas & Consumable FuelsServices
Notification on blending isobutanol with diesel this year: Road secretary V Umashankar
positive
ET Markets - Industry 43d ago

Notification on blending isobutanol with diesel this year: Road secretary V Umashankar

Speaking at the CII Summit on Friday, road transport and highways secretary V Umashankar said since diesel consumption is almost two times that of petrol consumption, the impact of diesel blending will be far greater on our energy security than even petrol blending. The event saw the launch of a CII Knight Frank Report which said cumulative investments of nearly $360 billion in infrastructure development in the country over the last decade has slashed India’s logistics cost to 10-10.7% of GDP in FY 2026, from 13–14% of GDP a decade ago, translating into estimated annual savings of $123–133 billion for the economy.

ENERGYENERGYDEVGKENERGYIREDAKPELSJLOGISTICTCIConstructionFinancial Services
Ferrari CEO defends  ₹5.4 crore price tag for Luce EV after backlash: 'Nothing to do with Chinese…'
neutral
LiveMint - Companies 43d ago

Ferrari CEO defends ₹5.4 crore price tag for Luce EV after backlash: 'Nothing to do with Chinese…'

Ferrari's first electric car, the Luce, is priced at ₹5.4 crore and has sparked fierce criticism from its former chairman, Italy's transport minister and investors, even as CEO Benedetto Vigna insists the price reflects genuine innovation.

TCIServices
TCI plans to buy ships to expand high-margin coastal seaway business
positive
LiveMint - Companies 44d ago

TCI plans to buy ships to expand high-margin coastal seaway business

The Gurugram-based logistics and supply chain management company has planned a capex of ₹550-600 crore in FY27. Of this, ₹200-250 crore will go towards making final payments for acquiring two new ships from China.

BMETRICSCOASTCORPSJLOGISTICTCITVSSCSFast Moving Consumer GoodsServices
PG Electroplast profit slumps 55% as weak AC demand, West Asia-linked disruptions hit business
negative
CNBC TV18 - Markets 45d ago

PG Electroplast profit slumps 55% as weak AC demand, West Asia-linked disruptions hit business

The company said weak room AC sales, LPG shortages linked to the West Asia conflict and transport disruptions together impacted quarterly revenue by nearly ₹420 crore.

PGELTCIConsumer DurablesServices
Railways approves 10-coach hydrogen train for Jind-Sonipat route at 75 kmph speed
positive
ET Markets - Industry 46d ago

Railways approves 10-coach hydrogen train for Jind-Sonipat route at 75 kmph speed

India's first hydrogen-powered train is set to begin operations between Jind and Sonipat. This 10-coach DEMU train will run on hydrogen fuel cells, marking a significant step in sustainable rail transport. The Railway Ministry has granted approval after rigorous technical and safety testing. While operations are not immediate, all necessary compliance and verification stages are underway.

ALLETECROUTETCIInformation TechnologyServices
JB Hunt Transport Services stock hits all-time high at $265.34 - Investing.com India
neutral
Google News - Investing.com India 46d ago

JB Hunt Transport Services stock hits all-time high at $265.34 - Investing.com India

JB Hunt Transport Services stock hits all-time high at $265.34Investing.com India

ALLETECALLTIMETCIConsumer DurablesInformation Technology
NEWS
positive
Business Standard - Markets 46d ago

Transport Corporation of India consolidated net profit rises 8.23% in the March 2026 quarter

Sales rise 12.30% to Rs 1323.80 crore

TCIServices
WFH wherever feasible, restrict foreign travel, Maruti Suzuki tells employees
positive
ET Markets - Industry 46d ago

WFH wherever feasible, restrict foreign travel, Maruti Suzuki tells employees

Maruti Suzuki India is adopting austerity measures. The company is promoting work from home where possible. Foreign travel is being restricted unless essential for business. Employees are encouraged to use virtual meetings and minimize domestic travel. Sustainable commute options like carpooling and public transport are also promoted. Energy conservation is a key focus across offices and homes.

ENERGYFOCUSGKENERGYKPELMARUTITCIAutomobile and Auto ComponentsConstruction
Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity call
positive
ET Markets - Industry 46d ago

Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity call

Maruti Suzuki India Ltd is adopting austerity and efficiency measures. These steps aim to conserve fuel and reduce foreign exchange expenditure. The company is encouraging work from home where possible. Travel is being minimized, with virtual meetings preferred. Employees are urged to carpool and use public transport. Offices will optimize energy use.

ENERGYGKENERGYIEXKPELMARUTITCIAutomobile and Auto ComponentsConstruction
Transport Corporation of India Q4 profit rises 8%; board recommends ₹1 dividend
positive
CNBC TV18 - Markets 46d ago

Transport Corporation of India Q4 profit rises 8%; board recommends ₹1 dividend

Transport Corporation of India reported an 8.23% year-on-year rise in consolidated net profit to ₹123.6 crore for the fourth quarter ended March 31, 2026, compared with ₹114.2 crore in the corresponding quarter last year.

DIVIDENDTCIFinancial ServicesServices
"Fuel saving is fuel creation": Maharashtra launches campaign for State Transport to conserve diesel
positive
ET Markets - Industry 46d ago

"Fuel saving is fuel creation": Maharashtra launches campaign for State Transport to conserve diesel

Maharashtra State Road Transport Corporation will implement a new fuel-saving initiative. The plan aims to reduce daily diesel consumption across all depots. Drivers will be trained and rewarded for efficient fuel use. Technical inspections and repairs will be prioritized. This campaign seeks to improve MSRTC's financial health and conserve national resources.

ALLETECCONSUMERJMFINANCILMEDANTATCIFinancial ServicesHealthcare