BP’s Castrol lubricant business is attracting interest from energy companies including Reliance Industries and buyout firms, such as Apollo Global and Lone Star Funds, people with knowledge of the matter said.BP has sent out initial information to other potential bidders for the unit, including Brookfield Asset Management and Stonepeak Partners, the people said. The business…
Top stocks to buy today (AI image) Stock market recommendations: According to Bajaj Broking Research, Aurobindo Pharma, and Gokaldas Exports are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for May 30, 2025:Index View: NIFTYBenchmark indices extended consolidation for the second week in a row…
NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said rapid technology advancement can help increase productivity in economy, which is a key focus for policymakers.“Across the board, one significant question that has remained relevant has been on productivity not catching up with our ambition to grow faster. We invest money, we do a lot of…
BENGALURU: Ola Electric’s revenue dropped by 60 per cent to Rs 649 crore in the March quarter from Rs 1,641 crore in the year-ago period. Its net loss increased to Rs 870 crore in the quarter, compared to Rs 417 crore in the same period of the previous year. Deliveries fell sharply to 51,375 units…
NEW DELHI: Bajaj Auto on Thursday said its consolidated net profit declined 10 per cent year-on-year to Rs 1,802 crore in Q4 on account of lower sales in the domestic market. The Pune-based company reported a net profit of Rs 2,011 crore for the Jan-March period of 2023-24. Total revenue from operations rose to Rs…
Higher loans, credit cards coming street vendors’ way NEW DELHI: With the contours of the revamped PM SVANidhi scheme having been finalised, street vendors will be getting higher subsidised loans, as well as credit cards with a limit of Rs 30,000, on account of banks coming on board. The credit cards will be issued by…
NEW DELHI: The Institute of Chartered Accountants of India (ICAI) will review fraud-hit IndusInd Bank’s financial statements for 2023-24 and 2024-25. ICAI’s Financial Reporting Review Board (FRRB) will carry out the review. FRRB conducts the review of financial statements of companies to assess compliance with accounting standards, standards on auditing, among others. Starting with a…
Representative image (Picture credit: IANS) BENGALURU: The Supreme Court has admitted two appeals in the ongoing insolvency proceedings of Think & Learn, the parent entity of Byju’s. The appeals were filed by the company’s promoters and cricket body BCCI. The apex court has scheduled the next hearing for July 21.The cases stem from the insolvency…
Donald Trump has sought to restructure America’s international trade relationships. (AI image) The Donald Trump administration has lashed out at a US trade court ruling striking down the President’s reciprocal tariffs. The White House has said that the US trade policy will continue and the government is reviewing other avenues as well.The Trump administration sharply…
Chief Economic Advisor V Anantha Nageswaran on Thursday urged India Inc to scale up capital expenditure and align worker compensation with profitability growth to ensure the Indian economy sustains a growth trajectory of over 6.5 per cent and moves closer to its goal of becoming a developed nation by 2047.Speaking at a CII event, Nageswaran…
