Brent Crude Price Spikes After Israel Launches Missile Attack On Iran

The jump in Brent prices after Israel retailed to Iran's attack will hurt Indian Oil, BPCL, and HPCL's gross marketing margins

Bloomberg Quint 

Reliance Q4 preview: Revenue, EBITDA seen rising on robust digital, retail growth; O2C rebound likely

RIL Q4 Results preview: Clarity on the Rs 75,000 crore worth of announcements in the new energy business, growth in retail store additions, and any pricing action in telecom will be the key monitorables.

Moneycontrol 

HDFC Life Q4 net profit up 15% on strong renewals

During the same quarter, in the previous year, the company had reported a profit of ₹358 crore. The insurer generated 18% growth in back-book surplus during the year.

Economic Times 

Sanjiv Bhasin on 3 bets that’ll make you money in near and medium term

Sanjiv Bhasin says the 'Nifty now looks poised to regain 22,500, 22600. So, largecaps should be the biggest beneficiaries as we plough back and metals and commodities are leading. But Elon Musk's visit is not just symbolic, it is a showcase of the potential of what our economy holds for investing after China plus one will be even bigger icing on the cake.'

Economic Times 

Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million

Profit climbed to ₹7,969 crore in the March quarter, beating ET's poll of ₹6,103 crore. Other income buttressed the bottom-line through what turned out to be a tough year for revenue expansion, which hit the lowest pace in a decade. Headcount shrank by about 26,000, again a rarity for India's technology bellwether.

Economic Times 

IRBI Levys Rs 60.3 Lakh Fine On Five Co-Operative Banks

The Reserve Bank has levied fines totaling Rs 60.3 lakh on five co-operative banks for non-compliance with various regulatory norms.

Bloomberg Quint 

ICICI Securities Q4 Profit Doubles To Rs 537 Crore

The company's total revenue soared 74% to Rs 1,544 crore in the fourth quarter.

Bloomberg Quint 

Gold falls ₹250 to ₹73,700 per 10 grams; silver stays flat

In the international markets, spot gold at Comex was trading at $2,375 per ounce, down by $13 from the previous close.

The Hindu Business