17 C 
MakeMyTrip swings to $1.8 million profit in Q2 FY27 despite headwinds
MakeMyTrip's gross bookings rose 20.9% in constant currency terms to $2.7 billion, while high airfares and capacity constraints continued to weigh on its air ticketing business.
Wary of RBI, banks back off from forex deals
The banks, using the easy rupee liquidity created after the inflow of deposits from the diaspora, bought dollars and invested the funds in US Treasury bills to earn higher returns. The transaction involved a buy-sell swap, where banks purchased dollars in the spot market and sold dollars in the forward market. The dollars generated through the swaps were deployed in US government papers, whose yields have risen in the past three months.
New Delhi [India], October 26: Lord's Mark Industries Limited has achieved a significant milestone in healthcare manufacturing by becoming the first company in Asia to register with the US FDA for over 200 surgical, medical-care, and hygiene products. The company intends to start exporting products to the United States in December 2026, which represents a significant milestone in its plan to expand its operations globally. Lord's Mark Industries is preparing to explore opportunities across South America, with its Silvassa manufacturing capacity expansion already completed ahead of schedule, subject to country-specific regulatory requirements.
OneRepublic frontman Ryan Tedder is building wealth beyond music through commercial real estate, music publishing, consumer brands and strategic investments. His approach shows how a hitmaker can turn creative success into long-term business assets.
Arunachals anti-dam protests spread as agitators oppose 1,605 MW Menga hydropower project
In Arunachal Pradesh, opposition to the 1,605 MW Subansiri Upper Hydroelectric Project is growing fierce. A bandh organized by student groups has brought normal activities to a halt, impacting transportation services. Protesters are pushing for the cancellation of the project, raising alarms over potential environmental damage and safety hazards. Incidents of property damage and clashes with law enforcement have been documented.
Break the cycle: Mecca Pact nations hold talks in Iran
Saudi Arabia was represented by Defence Minister Prince Khalid bin Salman, younger brother of Crown Prince Mohammed bin Salman; Pakistan by army chief Field Marshal Asim Munir; and Turkey by intelligence chief Ibrahim Kalin, Saudi and Iranian officials said. Iranian state media published pictures of Iranian President Masoud Pezeshkian, Foreign Minister Abbas Araqchi and Mohsen Rezaei, secretary of the Supreme National Security Council, attending the meetings.
Chasing US capital, Indian AI startups weigh cost of moving amid challenges
VC firms such as Antler India and All In Capital have launched programmes to help homegrown AI startups establish a foothold in the US
Jewelchic plans nationwide presence through physical stores and e-commerce
Explore Jewelchic, Satva Gold's D2C brand offering everyday 9KT real gold jewellery across India through physical retail stores, e-commerce, and assisted video shopping
Ather reports 1.26 cr profit in Sep qtr, plans to further boost capacity
Ather Energy plans to add 225,000 units of annual production capacity by Q2FY28, investing 122 crore across its Hosur and Chhatrapati Sambhajinagar plants
Noel Tata challenges resolution to reappoint Chandra as Tata Sons chairman
Noel Tata has challenged the validity of N Chandrasekaran's five-year reappointment as Tata Sons chairman, citing procedural lapses and the absence of the resolution from the meeting agenda
SBI opens cyber CoE, announces training for 1.8 lakh staff in cybersecurity
'CyRIS' will focus on emerging digital safety and capability areas, including threat intelligence, cyber defence, digital forensics, malware analysis, ethical hacking, fraud analytics, AI security, and quantum-safe technologies, as per an official statement.
CCPA fines Britannia 1 lakh over '100% whole wheat bread' claim; product contains only 62% wheat
Britannia has also been asked to submit a compliance report within 15 days
Noel Tata challenges resolution to reappoint Chandrasekaran as Tata Sons chairman
Noel Tata contested the resolution to reappoint N Chandrasekaran as Tata Sons' chairman passed on September 17. He argued that the decision was invalid as it was not on the meeting agenda. Tata Trusts director Venu Srinivasan voted in favor, while other directors also supported the reappointment. Noel requested the unedited video recording of the board meeting to clarify the proceedings.
IOB net profit up 56 pc at 1,962.67 crore in September quarter, bank plans to launch QIP in Q4
In the year-ago period, the bank had reported a net profit of 1,258.82 crore
Tata Communications to invest 4,350 crore in 10,000-km AI data centre network
First phase to link data centre hubs in Mumbai, Pune, Hyderabad and Chennai; later phases to extend connectivity to Vizag, Bhubaneswar, Jamnagar and GIFT City
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian stock markets saw a notable recovery after early losses on Monday. Sensex rose nearly 483 points, while Nifty gained over 153 points during the trading session. This rebound followed a four-day decline that significantly impacted investor wealth. Analysts noted value buying supported the recovery, particularly in sectors like power, healthcare, and metals. Despite this, caution prevailed due to geopolitical uncertainties and upcoming policy decisions from major global banks.
Beauty, personal care segment witnessing strong growth momentum this festival season
Emerging as a key growth pillar for e-commerce, quick-commerce platforms
Tata Consumers Q2 profit rises 16%, in line with estimates
TCPL's consolidated revenue rises 14% to 5,661.13 crore.
Ather Energy shares jump 14% as EV maker posts Q2 profit, plans capacity expansion
The company reported a consolidated profit after tax (PAT) of 1.26 crore in Q2, compared with a loss of 154 crore in the year-ago period.=
Hyundai puts Bayon to task, for meeting Cretas target
According to a monthly report, HMIL dispatched (to dealers) 89,727 units of Creta in the domestic market during April-September this year as compared to 99,345 units in the same period last year
Paytm Q2 Results: Profit rockets 976% YoY to Rs 226 crore, revenue jumps 28%
Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore. The same stood at Rs 21 crore in the year-ago quarter. Revenue from operations in the reporting period rose 28% YoY to Rs 2,648 crore.
CCPA fines Britannia 1 lakh over misleading claim
The ruling comes after the authority observed that the company claimed 100 per cent whole wheat bread in its ads while its product packaging declared a wheat content of 62 per cent
Q2 Results Today, 26th October 2026 Highlights: Stay tuned to businessline for more Q2 updates
Tamilnad Mercantile Bank has set a remarkable milestone with a net profit of Rs 451 crore for the quarter from July to September. This success is buoyed by a substantial rise in interest income, totaling Rs 1,820 crore compared to the same period last year. Managing Director Salee Sukumaran Nair emphasized the role of net interest income in driving this profit.
Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%
Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a 56% rise in Q2 net profit to Rs 1,912 crore, alongside stronger credit growth and improved asset quality.
The Delhi Development Authority discusses transport expansion under the Master Plan for Delhi 2047 to ease traffic congestion and improve connectivity.
The caf, located in the check-in area of Terminal 3, aims to make essential food and beverage options more affordable for travellers who often face higher prices at airport restaurants and retail outlets.
MMT reports net profit of $1.8 million in Q2, revenues at $ 235.2 million
MakeMyTrip reported a $1.8 million Q2 net profit, reversing a year-earlier loss of $5.7 million. Revenue rose 11.2% to $235.2 million, while gross bookings grew 20.9%, supported by hotels, transport and AI-powered travel assistant Myra.
Bank of Maharashtra Q2 profit jumps 41.5% as bad loans decline
Bank of Maharashtra posted a 41.5% year-on-year rise in Q2 net profit to Rs 2,310 crore, supported by stronger income, deposit and credit growth, improved asset quality and a return on assets of 2.02%.
Indias smallcap sell-off is intensifying as margin trading facility (MTF) positions decline from record levels. With nearly Rs 72,000 crore exposed to smallcaps, forced liquidations could deepen losses, although SEBI safeguards may limit systemic risks.
Aequs Q2 loss narrows marginally to 52.2 crore; order book at $1.1 billion
Higher depreciation and finance costs largely offset an increase in EBITDA. The net loss for the first half of FY27 stood at 105.4 crore, compared with 16.7 crore a year earlier
School holiday news: Schools across India are generally set to operate as usual on October 27, 2026. Local authorities may declare holidays based on weather conditions, especially in southern coastal states. Odisha and Andhra Pradesh are particularly monitoring forecasts due to cyclone concerns and heavy rain alerts. Parents and students should check with schools for specific instructions or changes related to closures.
India to sell more dishwashers than the world in 5 years: Goyal at Netherlands Business Forum
Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risks
Anthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1,300% revenue increase, reaching $16.3 billion in the first half of 2026. However, it also encountered a net loss exceeding $80 billion due to high costs in AI development. Risks associated with AI technology are increasingly becoming a concern for potential investors.
Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock Market
Verizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million.
Brigade Hotel Ventures' net profit doubles to 22 crore in Q2 FY27
Brigade Hotel Ventures reported a 105 per cent rise in Q2 FY27 net profit to 22 crore, with revenue up 10 per cent and EBITDA growing 26 per cent despite West Asia uncertainties
Shanthi Gears Q2 PAT down 27% at 15.7 crore
Revenue from operations declined by 3 per cent to 128 crore (132 crore)
ITC Hotels Q2 net profit jumps 52% to 202.65 crore
Gross revenue grows 25 per cent; food and beverage revenue up 12 per cent, led by speciality restaurants, lounges and bars and banqueting
Mumbai (Maharashtra) [India], October 26: OVS, Italy's leading fashion retailer, has opened its largest store in India at R City Mall, Ghatkopar, Mumbai. Spanning approximately 12,400 sq. ft., the store marks an important milestone in the brand's India journey, introducing a flagship-style retail experience that brings together an expanded range of collections in a spacious, contemporary setting. Designed to offer consumers a more immersive way to discover the brand, the store reflects OVS's approach to making Italian design and contemporary fashion affordable to a wider audience, while maintaining high standards of quality and sustainability.
M&A activity was pegged at 29 deals worth $229 million in Q3 2026, compared with 19 deals worth $179 million in Q2
Tiger Shroff sells 7.61-crore Mumbai apartment for 9 crore days after Juhu firing incident
Tiger Shroff has sold his Khar West apartment in Mumbai for 9 crore, compared with its original purchase price of 7.61 crore in 2018. The deal was registered on October 22, days after a firing incident involving the actor in Juhu. The property spans 1,291 sq ft and includes two car parking spaces.
Tata Consumer Q2 consolidated profit rises 16%
Standalone profit fell nearly 15% following exceptional charges, while domestic input-cost pressures weighed on operating margins
Banks make slow progress in financial inclusion schemes, private lenders trail state-run peers
Private lenders trail state-run banks in Mudra disbursements, Vishwakarma loan sanctions and SVANidhi claims processing, raising questions over timely support for small businesses and informal workers.
A advocacy group has questioned Medanta chairman Naresh Trehan's appointment to a government panel reviewing pharmaceutical marketing rules, citing potential conflicts of interest and past concerns over hospital medicine prices.
AAPE BY A BATHING APE Enters India with First Standalone Store at Ambience Mall, Vasant Kunj, Delhi
New Delhi [India], October 26: AAPE BY A BATHING APE, the Global streetwear label known for its distinctive graphics, camouflage and iconic Moon Face, is entering India with the opening of its first standalone store at Ambience Mall, Vasant Kunj, New Delhi, this festive season. The India debut marks AAPE's entry into the Indian retail market, bringing its distinctive streetwear proposition to Delhi and establishing the foundation for its planned expansion into other major Indian cities over the next three years.
Timeline: Anthropic's path from AI startup to industry-defining IPO
Anthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a total of $3.5 billion in various funding rounds leading up to its IPO. Significant investments have come from major companies including Amazon.com and Alphabet's Google. Anthropic is currently projecting revenue of approximately $190 billion to $200 billion in 2028.
JSW Energy prospects brightens on new capacity addition
JSW Energy has already commissioned 1.4 GW of RE capacity in the first half of FY27 and plans to add another 1.6 GW in the second half of the financial year
V Narayanan stated that the space agency would significantly expand its operations, with four functional launch pads planned by 2029.
Prime Minister Narendra Modi inaugurated Arvind Limiteds new garment manufacturing unit in Varanasi. The facility is expected to boost Uttar Pradeshs textile industry, create jobs with a predominantly women-led workforce, and connect local garment production with international markets.
Yes Bank among 6 stocks to hit 52-week lows and fall up to 32% in a month
Despite the Sensex gaining 483 points to close at 73,606, six BSE 100 stocks hit fresh 52-week lows. Yes Bank led monthly declines, followed by Power Finance Corporation, Tata Power, Canara Bank, Tata Consumer Products and Godrej Consumer Products.
Supreme Court notice to ED on realty company promoters bail plea in home buyers fraud case
The case pertains to allegations that Anil Mithas, promoter of a Noida-based real estate company, diverted funds collected from homebuyers by UFHL for its Aranya project, prompting money laundering proceedings by the agency
Explainer: Why is the CCPA penalising restaurant chains over service charges?
The Central Consumer Protection Authority is penalising restaurants for automatically adding service charges to bills, ruling that defaulting to an opt-out system unfairly forces consumers to pay unless they actively demand removal.
Tata Consumer Q2 Results: Net profit rises 16% YoY to Rs 470 crore, revenue up 14%
Tata Consumer Products reported a 16% year-on-year profit increase to Rs 470 crore in Q2 FY27, with revenue rising 14% to Rs 5,661 crore. Strong Indian volumes, salt demand and growth businesses boosted performance, while EBITDA increased 18% to Rs 794 crore.
Mankind Pharma Q2 PAT rises 37.7% on strong domestic chronic business
The drugmaker's revenue rose 17.3 per cent to 4,338 crore in Q2 FY27, supported by strong demand for chronic therapies and growth in Bharat Serums and Vaccines' speciality portfolio.
ITC Hotels' net profit rises 52% to 202.65 crore in July-September
The hospitality sector player had posted a net profit of 133.29 crore during the corresponding July-September (Q2) period of the previous financial year
TMB posts record 451-crore profit; braces for higher ECL provisioning
Bank expects advances to grow over 22% and deposits by over 20% in FY27; cybersecurity to account for a fifth of planned IT spending next year
Rohtak (Haryana) [India], October 26: What began as a small juice centre has grown into a retail network of more than 500 mobile stores. The journey of Bhatia Mobile is a story of resilience, family dedication and customer trust. After establishing a strong presence in Gujarat, Maharashtra, Rajasthan and Madhya Pradesh, the company has now opened its first Haryana store in Rohtak, the hometown of the Bhatia family.
ITC Hotels Q2 net profit rises 52% to 202.6 crore, revenue up 26%
ITC Hotels reported a 52% rise in Q2FY27 net profit to 203 crore, with revenue up 26% and RevPAR growing 21%, as its board approved plans to establish a subsidiary in Dubai.
Yellow Revolution 2.0: Inside Indias 11,000-crore bet on domestic palm oil
India spends billions importing edible oil, but a silent shift is underway. Backed by guaranteed prices, corporate mills, and an 11,040-crore mission, farmers are betting on oil palm. Can this 20-year tree usher in a new revolution?
Ahmedabad (Gujarat) [India], October 26: The rapid digitisation of data and evolution of technology are creating a growing need for data scientists to analyse complex data to better inform individual choices, clinical practice, industry priorities, public health initiatives, and policy decisions. To address this critical need, Ahmedabad University's Bagchi School of Public Health has introduced a Master of Science in Health Data Science. The inaugural cohort will commence on July 1, 2027.
Reva Diamonds posts 52% revenue jump in H1FY27, opens first Jaipur store
Profit after tax for H1FY27 stood at 505 million, up 151% from 201 million in the corresponding period last year, with a PAT margin of 21%
The ET Product of the Year Awards 2026 honors cutting-edge home and kitchen appliances introduced or revamped in India. This category emphasizes products that improve daily living by focusing on energy efficiency, practicality, and advanced technology, catering to changing consumer demands. Receiving an award bolsters manufacturers' ability to stand out in a crowded marketplace.
Google CEO Sundar Pichai says the company is sacrificing short-term Cloud revenue to give DeepMind the computing power needed for advanced AI research. He also warned that limited capacity could make new customer requests for 2027 difficult to fulfil.
Indian equity markets snapped a four-day losing streak as Sensex and Nifty rebounded, supported by broad-based buying. Dr Reddys and JSW Steel led gainers, while rising India VIX signalled continued volatility and technical concerns about downside risks.
NAN GreenMet, Chile's Enaex collaborate to set up Rs 750-cr explosives manufacturing facility
NAN GreenMet has partnered with Enaex to create an integrated explosives manufacturing plant in India. This venture involves an investment of Rs 750 crore and aims to begin commercial operations in 2027. The facility will cater to the rising demand in India's explosives market, projected to grow significantly in the coming years. The joint venture plans to provide a range of advanced blasting solutions for mining and infrastructure projects.
Global Market: European shares flat as investors assess earnings, France turmoil
European shares traded flat as investors weighed corporate earnings and political uncertainty in France. Falling oil prices, driven by hopes of easing US-Iran tensions, supported travel and leisure stocks, while energy shares declined.
Imported coal costs jump 50% for Adani Power; tariff recovery to take over 6 months
The delay contrasts with its Bangladesh power supply contract, under which tariff adjustments are linked to international prices and higher fuel costs
The initial phase of the project will focus on the Mumbai-Pune-Hyderabad-Chennai corridor, which Tata Communications considers an important growth route for AI infrastructure and hyperscale data centres.
Ather Energy shares skyrocket 19% after EV maker swings to Rs 1.26 crore profit in Q2
Ather Energy shares surged nearly 19% after the electric two-wheeler maker reported a net profit of Rs 1.26 crore in Q2 FY27, reversing a loss of Rs 154 crore a year earlier. Revenue rose 62.8% year-on-year to Rs 1,464 crore, while the company also approved Rs 122 crore in capacity expansion.
SoftBank sells 1.21 crore Ola Electric rights entitlements as EV maker seeks to raise Rs 1,000 crore
SoftBank sold nearly 28% of its Ola Electric rights entitlements over two sessions as the company launched a Rs 1,000-crore rights issue. Meanwhile, Motilal Oswal entities applied for 2.39 crore shares amid declining revenue and persistent losses.
SBI's Setty sees 50 bps more rate hikes, says retail loan quality unlikely to suffer
State Bank of India chairman CS Setty noted that upcoming rate hikes could affect discretionary consumption demand. He highlighted that retail asset quality is expected to remain stable at the system level. Setty indicated a projected 0.50 percent rate hike in December, followed by a pause in February. Additionally, he discussed plans for a new version of the Yono app aimed at Jan Dhan account holders.
FM Sitharaman linked the government's broader economic priorities -- fiscal consolidation, inflation management and currency stability -- with the need to expand employment and enterprise opportunities, particularly for women, through education, skill development and industry participation.
The ET HR Excellence Awards 2027 honor groundbreaking efforts from organizations, HR professionals, and leaders aimed at improving workplace culture and overall performance. Covering 42 award categories, this prestigious event celebrates excellence in talent acquisition, employee engagement, and HR technology, underscoring the essential role that HR plays in facilitating business transformation.
Hyundai Motor India targets 1.14 million-unit capacity by 2030, 92% localisation by 2032
Managing Director and CEO Tarun Garg outlined the automakers manufacturing, sourcing and product plans amid rapid growth in Indias passenger vehicle market
AIs costs fall unevenly across workers; IIT Madras paper flags surveillance, work stress
Whitepaper highlights risks to entry-level career paths and gaps in evidence on job quality and informal employment
Jyoti Structures bags 949-crore Power Grid orders for transmission lines in Rajasthan
The contracts cover turnkey execution of two transmission line packages under the Bipole Barmer-II and South Kalamb projects in Rajasthan.
Dot & Key Launches Evolved Barrier Repair Moisturizer Formulation
New Delhi [India], October 26: Dot & Key, India's fastest-growing D2C skincare brand, continues to evolve its formulations in response to changing consumer needs, with the upgrade of its Barrier Repair Moisturizer (Hyaluronic + Ceramides). The refreshed formulation reflects the brand's commitment to continuously enhancing its products to address the evolving skincare needs of consumers and the everyday challenges of urban living.
Ather Energy posts maiden quarterly profit on higher sales
The Rizta electric scooter maker reports a net profit of 1.5 crore for Q2
Michael Burry's top 10 life lessons for GenZ: 'Buy half the house you can afford'
Michael Burry provides life advice and personal finance tips to a 26-year-old in a Substack post. He emphasizes the importance of exercising, learning, and relationships while advising against gambling. Burry suggests that individuals should invest wisely, specifically recommending to buy half a house they can afford. He warns about the potential for an AI market crash, predicting possible disappointments in revenue.
Dhanlaxmi Bank Q2 results: Net profit more than doubles to 48.55 crore
Dhanlaxmi Bank on Monday reported more than a two-fold increase in net profit at Rs 48.55 crore in the second quarter of FY27. The Kerala-based private sector bank had posted a net profit of Rs 23.20 crore in the July-September quarter of FY26. Interest income of the bank increased 23 per cent to Rs 471 crore during the second quarter of FY27, from Rs 384 crore in the corresponding period of FY26. Gross non-performing assets improved to 1.76 per cent of gross advances during the quarter under review, from 3.10 per cent in the year-ago period. Shares of Dhanlaxmi Bank were trading at Rs 32.73 on BSE, down 8.40 per cent from the previous close.
SLS Pune Invites Applications for B.A. LL.B., B.B.A. LL.B. and B.Com. LL.B. via SLAT
New Delhi [India], October 26: Registrations for the Symbiosis Law Admission Test (SLAT) 2027 are now open for the five-year integrated undergraduate law programmes at Symbiosis Law School, Pune (SLS Pune), a constituent of Symbiosis International (Deemed University): B.A. LL.B. (Hons.), B.B.A. LL.B. (Hons.) and B.Com. LL.B. (Hons.). SLAT 2027 is mandatory for candidates seeking a place at SLS Pune, and registration and payment closes on December 4, 2026 (Friday).
HCL opens 2 development centres to support Rapidus' chip engineering needs
Indian IT services firm HCL Technologies and Rapidus Corporation on Monday inaugurated two HCLTech development centres in India to support the Japanese chipmaker's growing semiconductor engineering needs. The centres, located in Bengaluru and Hubli, will draw on HCLTech's core engineering expertise to offer Rapidus a range of capabilities, including mask design, design infrastructure, process design kit development, design technology co-optimisation and layout design. HCLTech and Rapidus Corporation, a Japanese company developing and manufacturing advanced logic semiconductors, inaugurated two HCLTech development centers in India dedicated to supporting Rapidus' evolving semiconductor engineering requirements, according to a release. HCLTech will also collaborate with Rapidus to build a pipeline of Indian engineering talent to meet Rapidus' evolving talent requirements in Japan. Atsuyoshi Koike, Representative Director and CEO, Rapidus Corporation said: Through this collaboration
Hitachi India R&D eyes energy trading, space autonomy for next phase of growth
The company is also working on peer-to-peer energy trading, grid stabilisation and cybersecurity for remotely controlled energy equipment, says R&D head Kingshuk Banerjee
SBI chairman CS Setty expects higher interest rates to moderate credit demand in rate-sensitive sectors, particularly discretionary spending. The bank forecasts another 50 basis points repo rate hike in December, followed by a pause. Setty said he sees no system-level concerns over retail asset quality, though highly leveraged households may face pressure.
Tamilnad Mercantile Bank Q2 results: Net profit up 42% to 451 crore
The private sector lender had posted a net profit of 317 crore in the July-September quarter of the last fiscal 2025-26
IoB Q2 net profit rises 56 pc to Rs 1,912 cr on higher interest income
Indian Overseas Bank (IoB) on Monday reported a 56 per cent growth in net profit at Rs 1,912 crore for the second quarter ended September 30, buoyed by higher interest income. The public sector bank had reported a net profit of Rs 1,226 crore in the July-September quarter of last fiscal 2025-26. Interest income of the bank rose 17 per cent to Rs 9,201 crore during the September quarter of current fiscal, from Rs 7,849 crore in the corresponding quarter of last fiscal. Gross non-performing assets (NPAs) as a percentage of gross advances improved to 1.19 per cent in Q2 of FY27, from 1.83 per cent in the second quarter of FY26. Shares of IoB were trading at Rs 30.01, up 4.56 per cent over previous close on BSE.
Bharat Petroleum expects Russian crude purchases to fall in November
Russian volumes in November would be lower because West Asian grades are more commercially viable compared to Russian grades, Vetsa Ramakrishna Gupta, BPCL's head of finance said
SC takes up EYs tax dispute over overseas employee transfers
The case hinges on whether payments for overseas employee secondments are mere cost reimbursements or taxable fees for technical services.
Andhra Pradesh refinery approvals likely by February 2027: BPCL
The company is eyeing at least 30% equity dilution in the refinery-cum-petrochemicals complex
Indian Malt Whisky Association signs cooperation pact with Scotch Whisky Association
The trade pact could also open up opportunities for Indian single malt whiskies to gain a foothold in the UK market, with some brands having already received international recognition
