Nayara Energy, India’s top private fuel retailer, posted a 14.3% rise in Q2 2024 fuel sales due to growing local demand. Most diesel and petrol were sold domestically, cutting exports. Strategic expansion into underserved markets has driven this growth, enhancing mobility and commerce.
Related Posts
Foxconn invests Rs 1,200 crore in Karnataka manufacturing unit
Foxconn invested around Rs 1,200 crore in its Indian subsidiary in Karnataka. With Foxconn’s Singapore arm acquiring over 120 crore shares, this unit will become […]
April-June GDP growth falls to 5-quarter low of 6.7%
In the April-June quarter, India’s GDP growth slowed to 6.7%, the lowest in five quarters. The farm and services sectors remained sluggish, while manufacturing and […]
Lower affordability hits demand for cars: Maruti Suzuki
Maruti Suzuki, India’s largest carmaker, faces reduced demand due to higher vehicle prices, especially in sub-Rs 10 lakh segment. Despite festive season uptick, the company […]