Priya Nair said the Middle East crises has driven up costs of crude-linked commodities. "We are taking calibrated price increase of 2-5%," she said.
Shubhayan Bhattacharya
Stories By Shubhayan Bhattacharya
HUL Shares Fall Most In Over Two Months After Q4 Results, Price Hike Plan
Bajaj Auto Shares Jump After Board Mulls Second Buyback In Two YearsShares of Bajaj Auto Ltd. surged during early trade on Thursday after the board said it will consider a proposal to buy back shares in a meeting on May 6.
Vedanta Demerger Effect: Share Price Drops To Rs 290 From Rs 773The share price settled at Rs 289.5 on NSE and Rs 290.5 on the BSE after the special trading session.
Stock Market Highlights: Nifty, Sensex Clock Best Month In Nearly Two Years, Shrugging Off Iran War ConcernsThe NSE Nifty 50 and the BSE Sensex rose over 7.4% each in April marking their biggest monthly gain since December 2023, when they had climbed 7.9%.
Nikkei, Kospi Fall In Early Asian Trade As Oil Spikes Over US-Iran TensionsThe benchmark Nikkei 225 shed1.3%, while the broader Topix fell 1.7%. South Korea's Kospi swung between gains and losses.
US Exim Bank Drags Reliance Power To Bankruptcy Court For $165 Million DefaultThe bank has filed an application under Section 7 of Insolvency and Bankruptcy Code (IBC), 2016 against the company, Reliance Power said in a stock exchange filing.
Vedanta Q4 Results: Profit Beats Estimates, Revenue Up 12%Vedanta's Q4 performance was led by growth in the aluminium and zinc segments.
Federal Bank Q4 Results: Profit Meets Estimates, Provisions Rise, Dividend AnnouncedFederal Bank's standalone profit jumped 22% to Rs 1,259 crore in the January-March quarter.
Emcure Pharma Shares Hit Record High After Large TradesThe stock hit Rs 1,769 on the NSE, rising 10%, compared to a 1.4% jump in the benchmark Nifty 50 and nearly 1% advance in the Nifty Pharma index.
Vedanta Power Plant Accident Case: Public Hearing Begins In BilaspurA high-level investigation into the incident is being conducted under the Divisional Commissioner as ordered by Chhattisgarh Chief Minister Vishnu Deo Sai.
Govt Proposes To Expand Definition Of Fuel To Include Higher Ethanol, Biodiesel BlendsThe new draft proposes to accomodate vehicles with ethanol blending up to 100% (E100) and 85% (E85) and biodiesel up to 100% (B100).
Stock Market Today: Nifty, Sensex End Higher; RIL, ITC, Bharti Airtel Add MostStock Market Today: Intraday, the Nifty 50 reclaimed 24,300, rising 1.4%, and the BSE Sensex added over 1,000 points or 1.4% to just below 78,000.
Asian Stock Markets Mixed: Kospi Steady, Hang Seng Futures Down, Japan ClosedSouth Korea's Kospi recovered opening losses to trade 0.2% higher, just a few points below the record level reached in the previous session.
Indian Airlines Warn Of Shutdowns Without Govt Help On Soaring Jet Fuel CostsAccording to the association, the sharp increase in fuel costs has severely undermined airline networks and overall operational viability. Jet fuel is the top expense for carriers.
AU Small Finance Bank Applies For Universal License After RBI Rule ChangeThe Jaipur-based lender had received in-principle approval from the regulator in August last year.
Varun Beverages Shares Extend Post Q4 RallyThe stock gained 2% intraday to Rs 529.4 on the NSE, compared to a 0.3% rise in the benchmark Nifty 50. The stock is up over 6% year-to-date.
Airlines Likely To Cut Flights On Less Profitable Routes After May ATF RevisionSources indicated that airlines may reduce frequencies on low-yield routes, with short-haul flights expected to face the most significant cuts if fuel costs rise substantially.
- Asian Stocks Today: Kospi Clinches Another Record, Nikkei Down Ahead of BOJ Decision
South Korea's benchmark Kospi clinched another record high after surging 1.3%. Japan's blue-chip Nikkei 225 Index declined 0.6% to below 60,200.
Stock Market Today: Nifty, Sensex End Lower As Higher Oil Prices, Banks Stocks Weigh; Maruti Suzuki Top LoserStock Market Live Updates: The Nifty 50 settled 97 points or 0.4% lower at 23,995.70. The BSE Sensex shed 416.72 points or 0.5% to close at76,886.91.
Q4 Results Highlights Today: Coal India Profit Rises 11%; Piramal Finance Sees Nine-Fold Surge In ProfitQ4 Results Today Live Updates: Coal India and UltraTech Cement are the two Nifty companies that will release their earnings today.