BUSINESS HIGHLIGHTS

New Delhi, May 21 (PTI) Following are the top business stories at 2100 hrs: DEL44 BIZ-PETROL-SUPPLY **** Bulk buyers shifting to retail pumps behind fuel demand spike in parts of India New Delhi: A sharp shift by bulk diesel consumers to retail petrol pumps due to a Rs 40-42 per litre price gap has led to a surge in fuel demand at some locations in India, although the government said supplies remain ample and stable. **** DEL52 BIZ-2NDLD GOYAL-CAD **** Several measures under consideration to contain widening CAD: Goyal New Delhi: Commerce and Industry Minister Piyush Goyal on Thursday said the government is considering several steps to contain the widening current account deficit (CAD) amid a weakening rupee and widening trade deficit. **** DEL49

BIZ-DALMIA-CEMENT ACQUISITION **** Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sources New Delhi: Dalmia Bharat Ltd will acquire the cement assets of Jaiprakash Associates Ltd (JAL) for more than Rs 2,500 crore, sources said, as the Adani Group moves to carve up and integrate key businesses of the infrastructure conglomerate following its acquisition under the insolvency process. **** DCM78 BIZ-RESULTS-LIC **** LIC Q4 profit jumps 23 pc to Rs 23,420 crore New Delhi: Life Insurance Corporation of India (LIC) on Thursday posted a 23 per cent increase in net profit to Rs 23,420 crore in the March quarter. **** DEL67 BIZ-LD COCKROACH-TRADEMARK **** Three trademark applications filed for ‘Cockroach Janta Party’ name New Delhi: Three separate trademark applications have been filed seeking rights over the name Cockroach Janata Party, official records showed. **** DCM99 BIZ-LD RESULTS-ITC **** ITC Q4 profit at Rs 5,469 cr, revenue at Rs 23,625 crore New Delhi: Diversified group ITC Ltd on Thursday reported a consolidated profit of Rs 5,469.74 crore for the quarter ended on March 31, 2026. **** DEL57 BIZ LD-MARUTI-PRICES **** Maruti Suzuki to hike prices across models by up to Rs 30,000 from June New Delhi: Car market leader Maruti Suzuki India on Thursday said it will hike prices of its vehicles across models by up to Rs 30,000 from June 2026, citing inflationary pressures and an adverse cost environment. **** DEL38 BIZ-LD-STOCKS **** Sensex, Nifty slip in volatile trade on profit-taking in blue-chips Mumbai: Benchmark stock indices Sensex and Nifty closed marginally lower after a volatile session on Thursday, driven by profit-taking in select IT, financial, and oil & gas shares. **** DEL61 BIZ-LD-BULLION **** Gold, silver shrug off global weakness amid US-Iran diplomacy hopes New Delhi: Gold and silver prices edged higher in spot markets on Thursday as traders remained cautiously optimistic amid US-Iran tensions and elevated global crude oil rates stoking inflationary pressures. **** PTI HG BAL BAL