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The US on Thursday sought to control the damage done by a controversial social media repost by US President Donald Trump, putting out a message that the American leader believes India is a "great" country led by a "good friend of mine".
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India’s Cooking Gas Shock: New LPG Connections Halted Nationwide As Hormuz Crisis Escalates
India’s cooking gas supply chain is under fresh pressure as new LPG connections have reportedly been paused amid ongoing disruption linked to the Strait of Hormuz crisis. Officials indicated that priority is currently being given to existing domestic consumers as import-dependent supplies face stress from West Asia tensions.
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#AlkemLab: Vikas Gupta has resigned from the position of CEO
🚩#VikasGupta shall continue as CEO upto June 30, 2026 for smooth transition of responsibilities
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#HindZinc reports its Q4 earnings:
--Net Profit Up 67.6% At ₹5,033 Cr Vs ₹3,003 Cr (YoY)
--Revenue Up 49% At ₹13,544 Cr Vs ₹9,087 Cr (YoY)
--EBITDA Up 60% At ₹7,706 Cr Vs ₹4,820 Cr (YoY)
--Margin At 56.90% Vs 53% (YoY)
--Board declares 1st FY27 interim dividend of ₹11/sh, sets record date as April 30, 2026
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#AdaniGreen announces its Q4 results;
👉Net Profit Up 72.6% At ₹397 Cr Vs ₹230 Cr (YoY)
👉Revenue Up 14% At ₹3,502 Cr Vs ₹3,073 Cr (YoY)
👉EBITDA Up 20% At ₹2,882 Cr Vs ₹2,402 Cr (YoY)
👉Margin At 82.3% Vs 78.2% (YoY)
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#AtulLtd announces its Q4 results
👉Net Profit Up 66% At ₹210 Cr Vs ₹127 Cr (YoY)
👉Revenue Up 15% At ₹1,670 Cr Vs ₹1,451.6 Cr (YoY)
👉EBITDA Up 25.7% At ₹280 Cr Vs ₹223 Cr (YoY)
👉Margin At 17% Vs 15.4% (YoY)
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#AdaniGreen announces its Q4 results;
👉Net Profit Up 72.6% At ₹397 Cr Vs ₹230 Cr (YoY)
👉Revenue Up 14% At ₹3,502 Cr Vs ₹3,073 Cr (YoY)
👉EBITDA Up 20% At ₹2,882 Cr Vs ₹2,402 Cr (YoY)
👉Margin At 82.3% Vs 78.2% (YoY) Adani Green
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IRAN AND PAKISTAN MEET TO TALK ABOUT A CEASEFIRE, ACCORDING TO A STATEMENT FROM THE IRANIAN GOVERNMENT.
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#SunPharma incorporates a subsidiary in the US, Sun Pharma America
Incorporated US subsidiary for internal group structuring
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MACQUARIE ON Cipla
USFDA import alert on Pharmathen’s Greece plant blocks Lanreotide supplies to the US.
~US$90–100mn revenue at risk; earlier restart hopes for FY27 now unlikely.
Even FY28 contribution may remain weak.
Net: clear setback to Cipla’s US growth outlook.
CHENNAI PETROLEUM CORP: Q4 SL NET PROFIT 14B RUPEES VS 9.87B (QOQ)
CHENNAI PETROLEUM CORP: Q4 EBITDA 20.4B RUPEES VS 14.8B (QOQ) || Q4 EBITDA MARGIN 9.95% VS 7.6% (QOQ)
CHENNAI PETROLEUM CORP: CO HAVE RECOMMENDED DIVIDEND RS. 54 /- PER EQUITY SHARE
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#HindZinc to report its Q4 earnings:
▶️Topline and EBITDA to be led by higher silver/zinc prices
▶️Healthy volumes to offset impact of cost inflation
▶️Guidance on future dividend payout is imp, along with further updates on corporate structure & demerger process
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Himadri Speciality Chemical says
1️⃣ Net profit will hit Rs.1100cr in FY28, double FY25 PAT
2️⃣ ROCE target at 30% +
3️⃣ Value added products will move to 50% vs 25-30% currently
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Chalet Hotels acquires #SeasonsHotels Private for ₹171 cr
Inder Residency Resort & Spa in #Udaipur to be upgraded into an upper upscale/lifestyle destination
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FINANCE MINISTER SAYS OPEN ARCHITECTURE MEANS BANKING CAN TYING UP WITH MORE THAN 1 CO TO SELL INSURANCE & OTHER FIN PRODUCTS
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FINANCE MINISTER SAYS GOVT-APPOINTED BANKING COMMITTEE WILL LOOK INTO OPEN ARCHITECTURE FOR BANKING SELLING INSURANCE & INSURANCE PRODUCTS (SBI LIFE)
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#SBILife In Focus:
👉FM Says Govt-appointed bkg committee will look into open architecture for banks selling insurance & ins pdts
🚩Alert: Only SBI Life current has #exclusive tie-up with #SBI for its #insurance products
👉Open Architecture means bks can tie-up with more than 1 co to sell insurance & other financial pdts
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Nirmala Sitharaman, #FinanceMinister Says:
▶️Domestic consumption have remained with us. Banks have a very big role in supporting businesses.
▶️New committee will be formed which will suggest how Indian Banking will have to be refashioned
▶️Would advise the staff of SBI to have a local understanding
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