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Petrol, Diesel Price Today 20 January 2025 in Mumbai, Bhopal, Kolkata, Noida and Shimla

Petrol, Diesel Price Today 20 January 2024: Oil prices rebounded on Monday as concerns over global supply continue to prevail following two rounds of sanctions by the United States impacting Russia’s energy sector because of the ongoing conflict in Ukraine. As per the latest update, Brent crude futures went up by 34 cents and reached

Paytm shares slide 3%; Find out what’s worrying investors…

The share price of One97 Communications fell as much as 3% to an intra-day low of Rs 872.30 after the company reported a net loss in the third quarter of FY24. However, the Paytm share price recovered some ground soon to quote at Rs 899.20 on the National Stock Exchange.  Shares of One97 Communications, the

Nuvama’s Big Kotak Bank upgrade. 4 Things to know…

Kotak Mahindra Bank share price has seen a big leg-up in Monday trade on strong earnings and an Upgrade from Nuvama on the back of the Q3 performance. price have been on an uptrend following its Q3FY25 earnings. The share price of Kotak Mahindra Bank surged by over 9% intra-day. The Kotak Mahindra Bank’s share

EPFO members attention! You can transfer your PF account without employer approval – Here’s how!

The Employees’ Provident Fund Organisation (EPFO) will now allow members to transfer their PF accounts without routing online transfer claims through their past or present employers in specific cases. To ensure ease of doing for its members, the process has been simplified for transfer of PF account on change of jobs wherein the requirement to

Budget 2025: ‘Restore commuted pension after 12 years instead of 15 years’ – Central govt employees demand

Budget 2025: Ahead of the Union Budget 2025, central government employees have again requested the Centre to look into their commuted pension restoration demand. At present, the government restores the commuted pension of a retiree after 15 years from the commutation date. The Staff Side of the National Council Joint Consultative Machinery (NC JCM), representing

Kingfisher continues to pour: United Breweries resumes beer supply to Telangana Beverages Corp

Weeks after the ‘Kingfisher’ beer manufacturer, United Breweries had halted the supply of beer to Telangana, the company, on Monday, announced that it has decided to resume the supply with immediate effect. United Breweries said that the decision was made following ‘constructive discussions’ with Telangana Beverages Corporation Limited (TGBCL) and the government’s assurance to address

Citi maintains “Sell” on Wipro. The stock price is up 8% anyway…

Wipro’s share price is up over 8% after the company reported its quarterly results. Some brokerage houses are however concerned about the IT sector outlook going forward and its implications on the stock- CITI cautious of Indian IT services Citi however is not convinced. It has maintained its ‘Sell’ rating on Wipro, with a target

Oyo set to revive IPO plans amid record profits and controversial new policy

Oyo is back at it again, reviving its IPO plans after two previously aborted attempts. The hospitality giant is gearing up to file its draft red herring prospectus (DRHP) by the end of the first quarter of FY25. This marks the company’s third try to go public, as it looks to cash in on a

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GCCs, IT companies dominate office space

Quarterly transactions in the office market reached a historic high of 28.2 million square feet in the January-March period, shows a Knight Frank report.  Global capability centres (GCCs) were the largest consumers of office space during the period, accounting for 44% of the total transaction volume.  A resurgence in demand from the third-party IT services

Gems and jewellery units to take a big hit

The reciprocal tariff of 27% will jack up customs duties faced by Indian exporters of studded and gold jewellery in the US to 32-34%, including 5.5-7% extant tariffs. Diamond products which currently do not have any tariffs, will cost US importers a 27% import duty. Sabyasachi Ray, Executive Director of the Gems & Jewellery Export

Some pain & some gain: India Inc counts the cost

Corporate India is gearing up for a challenging trade environment in the wake of the 27% reciprocal tariffs imposed by the US on Thursday. While the Trump administration has described the move as its moment of liberation, India Inc leaders feel there are some pain as well as some gain. From India’s perspective, key sectors

Dusit to expand presence in India, eyes emerging cities

Dusit International, a leading Thai hotel and property development company, on Thursday announced plans to expand its presence in India by launching its luxury and upper-midscale brands in key emerging markets.  The strategic expansion plan builds on the momentum of Dusit’s recent foray into the Indian market with the soft-opening of the contemporary and upscale

FMCG firms expect mixed show in Q4

The quarterly updates of fast-moving consumer goods (FMCG) companies, which has been released so far for the January-March 2025 period (Q4FY25), present a mixed picture of the sector at a time when urban demand has remained weak. Rural demand, in contrast, has been resilient and is expected to improve in the coming months. While Marico