MK Surana, Former CMD of HPCL, discussed the favorable position of oil marketing companies with crude prices below $80 and improving margins. He further noted their transition to new growth areas and partnerships with EV companies, predicting promising prospects over the next three to five years despite ongoing pricing challenges.
Tata Steel Q1 updates: India production flat YoY at 5.26 million tons on plant shutdowns
Tata Steel India’s crude steel output remained flat at 5.26 million tons in Q1FY26, while deliveries fell 4% YoY due to maintenance shutdowns at Jamshedpur