Category : Corporate News


Panic Fuel Buying in MMR, No Shortage but Payment Issues

Panic buying at petrol pumps across Mumbai Metropolitan Region, including Thane and Navi Mumbai, has erupted despite oil companies confirming no fuel supply shortage. The issue stems from a shift to an advance payment system, leaving some stations unable

Dubai Property Bonds in Distress Amid Middle East Conflict

Six dollar-denominated property bonds in the Middle East are now trading at distressed levels, accounting for about 15% of the region's real estate bonds in the dollar market, as investor concerns over credit quality and refinancing risks intensify.

Nayara Energy Hikes Petrol, Diesel Prices

Nayara Energy has increased petrol prices by Rs 5 per litre and diesel by Rs 3 per litre, impacting consumers amid fluctuating global oil markets and domestic economic conditions.

CII Eastern Meet: Trust and Adaptability Key for Business Growth

At the CII Eastern Region meet in Kolkata, industry leaders stressed that future growth requires trust, adaptability, and agility. Huma Qureshi highlighted authenticity in creative fields, while sessions covered startups, media evolution, and AI's role.

LTTS Pivots to Engineering Intelligence, Divests SWC Business

L&T Technology Services announces a strategic pivot towards Engineering Intelligence as part of its 5-year Lakshya Plan, divesting its Smart World and Communication business to AMI Paradigm Solutions to accelerate growth in digital engineering and AI capa

Vidarbha Petrol Sales Double Amid Panic Buying Crisis

Vidarbha region witnessed panic buying of petrol and diesel, with sales doubling normal levels. Oil companies face supply chain disruptions due to credit stoppage and payment delays amid the West Asia conflict.

Vidarbha Fuel Panic Buying: Petrol Sales Double

Vidarbha region experiences massive fuel panic buying with petrol sales more than doubling normal daily quotas. Diesel sales also surged by 150% as consumers rushed to fill tanks amid global tensions.

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