CPCL navigates Russian oil sanctions with crude flexibility
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
Category : Search result: petroleum sector
CPCL Posts ₹732Cr Q2 Profit in Major Turnaround
Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.
IndianOil Q2 Profit Soars 140% on Strong Margins
IndianOil Corporation reports stellar Q2 performance with net profit skyrocketing to ₹12,967 crore, driven by robust refining margins and strategic operations.
India's US Oil Imports Surge Amid Trade Thaw
India's crude oil imports from the United States surge to highest levels since 2022 as trade tensions ease and New Delhi strategically reduces dependence on Russian supplies.
India Tech Sector Hits $1.48B in Q3 Deals
Indian technology sector demonstrates remarkable resilience with 88 deals worth $1.48 billion in Q3 2024, showcasing strong investor confidence despite global headwinds.
India's Energy Revolution: Urgent Push for Self-Reliance
India's Petroleum Secretary pushes for accelerated oil and gas exploration to achieve energy independence by 2047. Bold reforms and time-bound targets announced at SPG India 2025.
India-US Strengthen Energy Trade Partnership
India and United States hold high-level talks to boost energy trade, focusing on petroleum, LNG, and critical minerals. Strategic partnership aims to enhance energy security and climate goals.
Reliance Complies with US Sanctions on Russian Oil
Mukesh Ambani's Reliance Industries confirms compliance with US sanctions on Russian oil, marking significant shift in India's energy procurement strategy amid global tensions.
ITC Hotels Q2 Profit Soars 74% to ₹133 Crore
ITC Hotels delivers stellar Q2 performance with 74% surge in net profit reaching ₹133 crore and 7% revenue growth, showcasing robust recovery in hospitality sector.
Australian Indigenous Businesses Forge India Mining Ties
In a groundbreaking move, Australian First Nations businesses embark on a transformative trade mission to India, aiming to revolutionize mining sector partnerships and create unprecedented economic opportunities.
India's Private Sector Growth Cools in June: HSBC PMI
India's private sector activity expanded at a slower pace in June 2024, with HSBC Flash PMI falling to 60.3 from May's stellar 61.7. While manufacturing remains robust, services sector growth shows signs of cooling amid rising input costs.
Federal Bank raises ₹6,196 crore from Blackstone entity
Federal Bank's board approves preferential warrant issue to Blackstone-owned FIH Mauritius Investments, strengthening capital base for future growth opportunities in competitive banking sector.
Defence Stocks Rally on Govt's ₹79,000 Cr Push
Indian defence stocks witness massive rally as government approves ₹79,000 crore proposals for armed forces modernization. Cochin Shipyard, BEML, Mazagon Dock lead the charge with significant gains.
1 Million Govt Jobs Vacant: Crisis in Public Sector
Shocking data reveals 10.4 lakh vacant positions across central government departments, raising serious concerns about governance and service delivery in India.
Chandigarh Schools Host Thrilling Cricket Tournament
St. Stephen's School, Sector 45, Chandigarh, successfully hosted an exhilarating inter-school cricket tournament, fostering sportsmanship and talent among young cricketers from across the city.
KMS Condemns Power Sector Privatisation in Punjab
Khalra Mission Organisation condemns central government's alleged plans to privatize Punjab's power sector, warning of catastrophic consequences for farmers and domestic consumers in Amritsar and beyond.
Andhra Pradesh CM Woos UAE Investors for Oil Sector
Andhra Pradesh Chief Minister N. Chandrababu Naidu invites UAE business leaders to invest in state's thriving oil and gas industry, highlighting lucrative opportunities and investor-friendly policies.
India Inc Q2 Revenue Grows 6%: CRISIL Report
CRISIL report reveals India's corporate sector shows 6% revenue growth in Q2 FY24, but IT services and steel sectors face significant slowdown. Discover which industries are driving growth.
Vardhman Textiles Q2 Profit Dips 14% to ₹189 Crore
Vardhman Textiles reports 14% decline in Q2 profit to ₹189 crore with revenue down 2% as textile giant navigates market headwinds and demand pressures.
Prestige & Hilton's ₹1,500Cr Bangalore Luxury Project
Prestige Group partners with Hilton to launch a premium mixed-use development in Bangalore's tech corridor, featuring luxury residences, upscale hotels, and premium retail spaces.
HUL Q2: GST Impact & Rural Demand Recovery
Hindustan Unilever reports strong Q2 performance with 3.6% revenue growth despite GST challenges. Rural markets show promising recovery signs while urban demand remains steady.
Tata Motors Demerger: CV Business Split Analysis
Tata Motors announces major corporate restructuring with commercial vehicles business demerger. Expert analysis reveals whether this strategic move makes the stock a buy.
Dalmia Bharat's ₹9,000 Cr Cement Expansion Plan
Dalmia Bharat announces massive capacity expansion to 75 MTPA by 2027, investing ₹9,000 crore to capitalize on India's growing infrastructure demand and government spending initiatives.
Polycab India Q2 Profit Jumps 31%, Revenue Up 17%
Polycab India delivers impressive Q2 FY2024 results with 31% profit surge and 17% revenue growth. Discover how the wires and cables leader outperformed market expectations.
Adani Power Q2 Results Date: November 6, 2024
Adani Power Limited sets November 6, 2024, for its Q2 FY2025 results declaration. Discover what investors should watch for in this crucial earnings report from India's power sector giant.
Textile Stocks Jump 17% on India-US Trade Deal Hopes
Major Indian textile manufacturers witnessed massive stock surges as optimism grows around potential India-US trade agreement. Kitex Garments, Vardhman Textiles, and KPR Mill lead the rally with gains up to 17%.
IT Layoffs Rise: Firms Spin Job Cuts as Restructuring
India's IT sector faces turbulent times as major firms implement widespread layoffs while framing them as organizational restructuring. Discover the real impact on employees and the industry's shifting dynamics.
India Manufacturing Jobs Hit 4.26 Lakh Record
India's manufacturing sector shows remarkable growth with employment surging to 4.26 lakh across 14 key industries. Discover how sectors like automobiles, pharmaceuticals, and electronics are driving this employment boom.
India's Mega Disinvestment: IDBI Bank Sale & IPO Surge
Indian government accelerates disinvestment with strategic stake sales in IDBI Bank, OFS offerings, and IPO pipeline to boost capital receipts and meet asset monetisation targets in FY25.
Chandigarh Sector 35 Residents Voice Civic Woes to AAP Leader
AAP leader Kanwar Pal Singh Babla addresses critical civic issues in Chandigarh's Sector 35 - from water shortages to parking chaos and infrastructure gaps. Read how residents' concerns are being tackled.
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