New Delhi [India], October 12 (ANI): Revenues of Indian companies are expected to rise by 15 per cent in the second quarter and their profitability dip by 3 per cent, according to Crisil Market Intelligence & Analytics.

New Delhi [India], August 30 (ANI): Aluminium prices have likely bottomed out and should rise over the medium term, supported by two structural drivers: limited smelter capacity additions and an uptick in demand, as per a CRISIL Research report.

New Delhi Mar 23 PTI Petrol and diesel prices on Wednesday were hiked by 80 paise a litre each for the second day in a row since the ending of an over four-and-half month hiatus in rate revision Petrol in Delhi will now cost Rs 9701 per litre as against Rs 9621 previously while diesel rate has gone up from Rs 8747 per litre to Rs 8827 according to a price notification of state fuel retailers A record 137-day hiatus in rate revision ended on March 22 with an 80 paise per litre increase in rates Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab - a period during which the cost of raw material crude oil soared by USD 30 per barrel Oil companies are now recouping the losses According to CRISIL Research a hike of Rs 15-20 per litre is required to fully pass the increase in international oil prices India is 85 per cent dependent on imports to meet its oil needs PTI ANZ RAM

New Delhi [India], February 13 (ANI): Life Insurance Corporation of India (LIC) filed its Initial Public Offerings (IPO) papers with the Securities and Exchange Board of India (SEBI) on Sunday.

Mumbai Nov 26 PTI Wayward and excess rains have resulted in the ongoing spike in vegetable prices and the cost of tomatoes will continue to be at elevated levels for two more months Crisil Research said on Friday The situation in Karnataka one of the major tomato growing regions is so grim that the vegetable is being sent from Maharashtras Nashik it said pointing to on-ground interactions Crisil Research said standing crops have been damaged because of excess rains in Karnataka 105 per cent above normal Andhra Pradesh 40 per cent above normal and Maharashtra 22 per cent which are key suppliers during October-December period Prices have risen 142 per cent as on November 25 and will remain elevated for two more months till harvest from Madhya Pradesh and Rajasthan starts reaching the markets from January it said At present tomatoes are selling at Rs 47 per kg and the price will decline by 30 per cent once the fresh arrivals start it added In the case of onion the report said transplanting was delayed in the key growing regions of Maharashtra because of deficit rains in August which in turn delayed arrivals in October leading to a 65 per cent increase in onion prices compared with September However in the case of onions fresh arrivals from Haryana are expected to start in 10-15 days which will cool the prices For potato another rabi crop sowing season has been hit hard because of excessive rains in Uttar Pradesh West Bengal Bihar and Gujarat it said The researchers on-ground interactions suggest excessive water logging in the fields may warrant resowing of potato tubers adding to the cost of farmers If the heavy rains continue prices will be higher for two more months it said Prices of okra or lady finger will start easing in the next three weeks it said adding that heavy rains during sowing and early vegetation stage hasbeen hit in production regions like Andhra Pradesh and Gujarat Production of other vegetables including capsicum and cucumber has also been hit it said Net-net any respite in vegetable prices in the short-term will be a function of how it pours from here Hopefully as the north-east monsoon beats a retreat the worst may be over for vegetable prices it said PTI AA ANU ANU