ET Intelligence Group: Reliance Industries’ (RIL) consolidated operating margin before depreciation and amortization (EBITDA margin) crossed double digits for the first time in seven quarters, helped by strong performance from its oil-to-chemicals (O2C) division amid higher realization and domestic sales of fuel products. This partially offset weakness in the retail segment due to a shift […]
Road Transport and Highways Minister Nitin Gadkari unveiled the roadmap on Monday to position India as the world’s leading hub for car factories, green mobility and infrastructure innovation at the International Value Summit 2025. “India has now surpassed Japan to become the third largest car market market worldwide, and the government focuses on the number […]
Markets started the new derivative series in a muted tone, which extended the prevailing corrective phase. In today’s trade, shares of Ather Energy, Indian Oil, Torrent Power, BHEL, Indusind Bank will be in Focus, among other things because of various news developments. Ather EnergyElectric two-wheeler maker Ather Energy unveiled a new platform on Saturday, the […]
Indian Oil reported the doubling of net profit to RS 5,689 Crore in the quarter of June of RS 2,643 Crore supported by robust marketing margins a year earlier. Turnover from the activities grew by 1% to RS 218,608 Crore in the three months ending in June. “Improvement of net profit is mainly due to […]