FMCG major Dabur is witnessing profit booking after its Q1 results beat street estimates. Mohit Malhotra, CEO of the company spoke with CNBC-TV18 on the earnings fineprint, business growth, and synergies and opportunities in the healthcare space going ahead.

India state refiners are set to invest Rs 2 trillion (USD 26.96 billion) to boost oil refining capacity by 20 percent in Asia's third-largest economy by 2025, junior oil minister, Rameswar Teli, told lawmakers on Wednesday. India, the world's third-biggest oil importer and consumer has a refining capacity of about 249 million tonne a year, equivalent to about 5 million barrels per day (bpd). Refining capacity is expected to climb to 298 million tonne a year by 2025, Teli said in a written reply.

PNB Housing Finance on Wednesday reported an over 5 percent decline in its consolidated net profit to Rs 243.28 crore for the first quarter ended June 30. The company had posted a net profit of Rs 257.18 crore in the year-ago period. On a sequential basis, it was higher than Rs 127 crore in the March 2021 quarter.

Titan will report its Q1FY22 earnings numbers on August 4. For the company, the big trigger is to unlock more than the numbers because it has given a Q1FY22 update already. The stock at 67 times FY23 earnings does not have much room for disappointment.