Adani Total Gas Ltd. reports a 6% rise in Q2 profit, driven by higher gas prices and increased CNG and PNG volumes. Revenue also saw a 12% increase.

City gas distribution companies in India are facing a rise in procurement costs due to reduced APM gas allocation. Crisil estimates the cost increase to be around Rs 2-3 per kg, impacting CNG prices.

CNG prices may rise by Rs 4-6 per kg due to reduced domestic gas supply. Government may cut excise duty to ease the situation. Read more.

Indraprastha Gas and Mahanagar Gas shares fell over 10% after the government slashed gas supply, forcing them to rely on expensive imported fuel. The move is expected to impact their profitability.

India's government has slashed gas supplies to city gas entities, potentially leading to a CNG price hike. The move is expected to impact CNG vehicle registrations and profitability for companies...

Silver prices jumped by Rs 633 to Rs 89,960 per kilogram on the Multi Commodity Exchange, driven by increased participant bets and fresh positions. Global silver also traded higher.

LTIMindtree opens new facility in Houston, focusing on AI, digital transformation, and ESG initiatives to serve clients in energy and oil & gas sectors.

Swiggy CEO Sriharsha Majety expects strong growth in the next 3-5 years, driven by Instamart expansion and geographical footprint growth. The company's IPO was fully subscribed, reflecting strong...

BlueGreen Ventures, led by Rajeev Suri and Anup Jain, launches a USD 75 million fund for early-stage startups focused on climate, fintech, and consumer sectors.

The Indian patent office warns of fraudsters soliciting money to facilitate IP applications. The office emphasizes that applications are processed according to law and any unethical practices are...

Aluminium futures prices fell on Wednesday due to low demand from consuming industries. The price dropped by 20 paise to Rs 237.50 per kilogram on the Multi Commodity Exchange.

Crude oil futures on the Multi Commodity Exchange decreased Rs 6 to Rs 5,777 per barrel on Wednesday due to weak demand. Global crude prices were up.

Silver prices jumped by Rs 633 to Rs 89,960 per kilogram on the Multi Commodity Exchange, driven by increased participant bets and fresh positions. Global silver also traded higher.

Gold prices in India rose on Wednesday, driven by firm spot demand and increased positions by speculators. Global gold futures also saw an increase.

LTIMindtree opens new facility in Houston, focusing on AI, digital transformation, and ESG initiatives to serve clients in energy and oil & gas sectors.