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.
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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.
Shares 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.
The share price settled at Rs 289.5 on NSE and Rs 290.5 on the BSE after the special trading session.
The 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%.
The benchmark Nikkei 225 shed1.3%, while the broader Topix fell 1.7%. South Korea's Kospi swung between gains and losses.
The 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's Q4 performance was led by growth in the aluminium and zinc segments.
Federal Bank's standalone profit jumped 22% to Rs 1,259 crore in the January-March quarter.
The 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.
A high-level investigation into the incident is being conducted under the Divisional Commissioner as ordered by Chhattisgarh Chief Minister Vishnu Deo Sai.
The 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: 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.
South Korea's Kospi recovered opening losses to trade 0.2% higher, just a few points below the record level reached in the previous session.
According 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.
The Jaipur-based lender had received in-principle approval from the regulator in August last year.
The 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.
Sources 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.
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 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 Today Live Updates: Coal India and UltraTech Cement are the two Nifty companies that will release their earnings today.