Latest Stock News Updates
Best Buy's India entity will transition to TCS under a multi-year agreement, combining its retail knowledge with technology and AI capabilities to build an AI-native centre
- Business Standard
- 2 hours 35 minutes ago
The government will ask private fuel retailers not to restrict sales of petrol or diesel, Oil Secretry Neeraj Mittal said Thursday, after Jio-bp and Nayara Energy imposed purchase limits at some of their outlets as a widening price gap drove industrial users to petrol pumps to stock up on cheaper diesel. "Nobody is allowed to cap fuel sales. It is not acceptable; it is not done," he told reporters here, adding that the government's position had not changed. Private retailers Jio-bp and Nayara Energy had last month introduced purchase limits at some outlets as factories, telecom companies, hotels, hospitals and other bulk users increasingly bought diesel meant for retail customers. The unusual rush is being driven by a price gap of as much as Rs 50 a litre between retail diesel and fuel sold to bulk consumers, creating a powerful incentive for large users to shift purchases to petrol pumps. Jio-bp has capped diesel purchases at 50 litres per customer per day at some outlets, while .
- Business Standard
- 3 hours 48 minutes ago
Jio Platform is giving final touches to its public offer documents, touted as India's largest at an estimated USD 3.8 billion, after concluding worldwide roadshows, according to a source aware of the development. The roadshows overseas were led by Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani and Reliance Retail Ventures Limited Executive Director, Isha Ambani. "Jio Platforms has completed the first leg of the IPO after roadshows with potential investors globally. The roadshows were held in the US, UK, Dubai, Singapore and Hong Kong. Now, the company has started preparations for filing a red herring prospectus," a source aware of the development told PTI. An email query sent to Jio Platforms elicited no response. The digital services arm of billionaire Mukesh Ambani's Reliance Industries, Jio Platforms, last month received approval from markets regulator Sebi to proceed with its initial public offering, paving the way for what would be the country's larges
- Business Standard
- 3 hours 48 minutes ago
Retail veteran to lead the private bank from January 2027
- Business Line
- 3 hours 55 minutes ago
Supplies to the power sector rose 10.63 per cent to 48.9 million tonnes in September, while coal production increased 9.18 per cent to 53.5 million tonnes, CIL said
- Business Standard
- 4 hours 20 minutes ago
HDFC Bank board appoints Anup Bagchi as MD, CEO with effect from October 27
- Business Standard
- 7 hours 15 minutes ago
Domestic passenger vehicle wholesales reached 463,081 units in September, with Maruti Suzuki reporting 36.9 per cent growth as small cars and CNG models gained momentum
- Business Standard
- 7 hours 26 minutes ago
Jio also registered growth in its overall subscriber base (CMS) in Keralam, increasing from 112.47 lakh subscribers in July to 112.88 lakh in August
- Business Line
- 8 hours 49 minutes ago
The stock ended at day's high level of 721.20
- Business Line
- 10 hours 6 minutes ago
NTPC has reported about 13 per cent year-on-year growth in power generation to 117.9 billion units (BUs) in July-September from 104.4 BUs in the year-ago quarter. "NTPC recorded robust growth across generation, coal dispatch and power trading, reflecting sustained operational efficiency," the company said in a statement on Thursday. Coal dispatch during Q2 FY 2026-27 stood at 11.899 million metric Tonnes (MMT), compared to 9.260 MMT in Q2 FY 2025-26, marking a significant year-on-year growth of 28.45 per cent, NTPC said. Its power trading volume also rose 22 per cent to 15.06 BU in Q2 FY2026-27 from 12.34 BU in Q2 FY26. Under the Ministry of Power, NTPC is India's largest power generation company, catering to the country's one-fourth energy demand alone. NTPC has an installed capacity of over 91 GW, with another 35 per cent GW under construction.
- Business Standard
- 10 hours 11 minutes ago
