Gas supply crunch a worry for AC makers ahead of peak season
MUMBAI: Ahead of the onset of peak summers, a brisk business season for consumer durables companies, some AC makers are feeling the heat of the West Asia war as restricted…
Oil prices today: Crude continues to rise as US-Iran war rages on; Brent surges past $105 a barrel
Oil prices climbed further on Monday after the US administration signalled that the Middle East crisis may persist for several more weeks, raising concerns over prolonged disruptions to global energy…
Surcharges, longer routes push up cost for apparel exporters
NEW DELHI: The ongoing conflict in West Asia is pushing up costs for India’s apparel exporters, adding between Rs 12 and Rs 55 for every single garment exported due to…
Veteran Subedar named Tata Trusts consultant
MUMBAI: Tata Trusts has appointed Tata veteran Farokh Subedar, 71, as a consultant, according to people in the know. Subedar, who was with the Tata Group until last year, had…
Cos hit pause on IPO button as West Asia conflict rages on
MUMBAI: India’s choc-a-block equity-raise calendar is shifting gears, with many companies pushing back fundraises amid West Asia-driven market volatility. Deals remain on hold, not off. “The immediate impact is that…
Upgrad Acquisition Of Unacademy: Upgrad signs term sheet to acquire Unacademy in all-stock deal
BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday,…
Iea Oil Reserves Release: Iran crisis: IEA says strategic oil reserves to be released immediately in Asia-Oceania, from end-March in US and Europe
The International Energy Agency (IEA) said on Sunday that strategic oil reserves will be released “immediately” in Asia and Oceania, while supplies from member countries in the Americas and Europe…
International Energy Agency: IEA’s record 400 million-barrel oil release may offer only limited relief if Hormuz stays shut: S&P Global Energy
The International Energy Agency’s decision to release 400 million barrels of emergency oil stocks, the largest reserves drawdown in its history, is likely to provide only limited relief if the…
Gold Prices: Gold, silver may see more corrective moves this week as Middle East tensions, central bank cues drive volatility
Gold and silver prices are likely to remain volatile and could see further corrective moves in the coming week, with investors closely watching developments in the Middle East conflict and…
Dgca Pilot Duty Norms: DGCA temporarily eases pilot duty norms for Air India long-haul flights amid Middle East airspace curbs: Report
Aviation safety regulator DGCA has granted temporary relaxations in flight duty norms for Air India’s long-haul flights as the carrier takes longer routes because of airspace restrictions in the Middle…