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INVESTORY LOSSES
Strong marketing margin and higher profitability, how OMC stocks look oiled up for revival in second half of FY2025Indian Oil Marketing Companies (OMCs) faced a challenging September quarter due to weak margins and inventory losses. However, a recovery i...- SoftBank swings to profit with help from hot Indian IPO marketA boom in India’s IPO market is buoying the Vision Fund, which for years struggled to win returns commensurate with its $100 billion-plus s...
- Smartkarma Research: India EdTech Woes: Waning Demand, Dried up Funding & Risk of Eroding ValuationsThis pandemic-led boom in subscriptions helped drive valuations manifold. But with schools and physical tuition classes now back to full sw...
- ICICI Bank has $100 million exposure to bankrupt Singapore oil traderICICI is one of the 23 secured creditors which have lent a total of $3.64 billion to the company.
- HPCL posts Rs 320 crore loss for July-SeptemberThe company had a net profit of Rs 850.21 crore in the same period a year ago, HPCL Director (Finance) J Ramaswamy said.
- BPCL Q1 net profit nearly doubles to Rs 2,376 croreThe company earned$ 8.55 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $ 3.38 per barrel in Q1 o...
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