Kotak Institutional Equities added Oil and Natural Gas Corporation (ONGC) and removed ITC from its model portfolio amid a sharp fall in stock market. This comes as ITC continued to offer an estimated upside of about 16%, while ONGC offered a higher potential upside of around 30%, Financial Express reported. ONGC was added with a weight of 150 basis points.

India's major oil marketing companies BPCL, HPCL and Indian Oil Corporation have reassured consumers that domestic LPG supplies remain stable and adequate, amid escalating Middle East tensions. BPCL took to X, stating, "BPCL continues to maintain adequate LPG stocks...Temporary rush is due to precautionary booking, not shortage." IndianOil said they are delivering around 28 lakh cylinders daily.

Hindustan Petroleum Corporation Limited (HPCL) on Friday said it has suspended 10 LPG distributors for alleged malpractices, leading to instances of hoarding and panic-buying of cylinders. The firm took to X, saying, "With a zero-tolerance approach, we're ensuring accountability and taking timely disciplinary action wherever required." HPCL recorded deliveries of 14,10,000 LPG cylinders on Friday.

In a video message, Iran threatened to completely "annihilate" the planned Stargate AI data centre, backed by major tech giants like Nvidia, OpenAI and Oracle, in UAE. This comes after US President Donald Trump threatened to "obliterate" Iran's power plants. The video purportedly pinpoints the under-construction AI facility, stating, "Nothing stays hidden to our sight, though hidden by Google."

Bajaj Auto reported a 21% rise in total exports to 1.79 lakh units in March, as compared to 1.48 lakh units in the same month last year. The total sales also increased by 20% YoY in March from 3.7 lakh units in the previous year. However, Bajaj Auto failed to maintain the monthly run rate of 2 lakh units.

A ₹12.75 lakh taxable income after ₹75,000-standard deduction could disqualify marginal tax relief, as it's only applicable if tax payable is more than additional income earned above ₹12 lakh, Moneycontrol reported. Therefore, ₹13.4 lakh income (₹12.65 lakh taxable) will get the relief as tax payable is ₹69,750, while ₹13.5 lakh (₹12.75 lakh taxable) income wouldn't with tax payable at ₹71,250.

Amid mass layoffs at Oracle, a new workplace trend called "job hugging" is taking over the internet. It refers to employees choosing stability over switching jobs due to economic uncertainty. A report found 75% of workers plan to stay in their current roles until 2027, highlighting a shift in career priorities globally.

Raymond Realty Limited reported its strongest operational performance, with Q4FY26 pre-sales at ₹1,519 crore, up 139% from ₹636 crore in Q4FY25. FY26 pre-sales stood at ₹3,023 crore, up 31%. Shares closed at ₹411.20 on April 2, 2026, up 2.99%. It also secured a marquee Kandivali project with ₹3,000 crore GDV.

LG Electronics India announced sale of over 1 million air conditioners in Q1 CY26, the fastest and strongest start to a summer season in India. On April 2, 2026, shares closed at ₹1,318.80, down 4.90%. The company plans to scale up AC production through its upcoming Sri City facility this year.

Layoffs at Oracle Corporation have spotlighted a calculated corporate tactic, 6 AM termination emails. Experts suggest the timing ensures employees receive the news in isolation, limiting immediate backlash or collective response. With swift system shutdowns and no real-time dialogue, critics argue this "quiet hour strategy" prioritises control and efficiency over empathy.