MRPL shares tumble 5% after explosion at Mangaluru plant, thick smoke seen from refinery unit

Economic Times - Sep 30, 2026

MRPL shares fell over 5% after an explosion was reported at its Mangaluru refinery, with thick smoke seen emerging from the facility. Fire brigades and ambulances rushed to the site, while the cause remained unknown.

Read full article
More News
Hospital stocks fall up to 6%: Apollo, Fortis, KIMS tumble as SC questions drug mark-ups
Sep 30, 2026
Hospital stocks fall up to 6%: Apollo, Fortis, KIMS tumble as SC questions drug mark-ups

Hospital stocks came under pressure after the Supreme Court raised concerns over steep mark-ups on medicines sold through corporate hospitals.

Coca-Cola mulls filing draft papers for $1 billion India IPO in December
Sep 30, 2026
Coca-Cola mulls filing draft papers for $1 billion India IPO in December

Coca-Cola Co. plans to submit a draft prospectus by December for the anticipated IPO of Hindustan Coca-Cola Beverages Pvt. This offering, projected to garner about $1 billion, is expected to attract existing investors. With a valuation close to $10 billion, the deal highlights India's thriving investment landscape. The company has teamed up with various banks to streamline the process, riding the wave of recent IPO successes in the region.

India's monsoon deficit widens to 12%; El Nino strengthens, positive IOD offers some relief: Report
Sep 30, 2026
India's monsoon deficit widens to 12%; El Nino strengthens, positive IOD offers some relief: Report

El Nino conditions have strengthened further, raising concerns over India's monsoon rainfall, even as a positive Indian Ocean Dipole (IOD) may partly offset its impact, according to an ICICI Bank report.

Anupam Kher says how a Surat woman who moved to Canada 40 years ago and now drives vans; Watch her inspiring journey
Sep 30, 2026
Anupam Kher says how a Surat woman who moved to Canada 40 years ago and now drives vans; Watch her inspiring journey

Mamta Ben, a spirited woman from Surat, India, made a bold move to Canada nearly forty years ago. Now, she proudly maneuvers vans and large trucks on the bustling Canadian highways. Her remarkable journey caught the attention of Anupam Kher during an encounter, leading him to share her motivational tale. With a warm 'Jai Hind,' she reaffirms her bond with India and dedicates three months annually to her homeland.

INDIA bloc announces 'Save Democracy' marches from Oct 2; Rahul Gandhi says 'democracy is bigger than any individual'
Sep 30, 2026
INDIA bloc announces 'Save Democracy' marches from Oct 2; Rahul Gandhi says 'democracy is bigger than any individual'

Opposition leaders from the INDIA bloc will march to the Election Commission on October 6 to raise concerns. They aim to discuss the revision of electoral rolls amid accusations of government misrepresentation. Congress president Mallikarjun Kharge emphasized the need for transparency in the electoral process during their meeting. All participants agreed on the importance of maintaining voter integrity and transparency.

Supreme Court rules out blanket ban on fireworks in Delhi; bats for time-bound use during Diwali
Sep 30, 2026
Supreme Court rules out blanket ban on fireworks in Delhi; bats for time-bound use during Diwali

The Supreme Court has said that it would permit the controlled use of firecrackers for Diwali celebrations this year. The court proposed specific time limits to prevent environmental damage and protect vulnerable groups. It also considered suggestions about allowing joint firecrackers with restrictions.

Supreme Court rules out blanket ban on fireworks in Delhi; bats for time-bound use during Diwali
Sep 30, 2026
Supreme Court rules out blanket ban on fireworks in Delhi; bats for time-bound use during Diwali

The Supreme Court has said that it would permit the controlled use of firecrackers for Diwali celebrations this year. The court proposed specific time limits to prevent environmental damage and protect vulnerable groups. It also considered suggestions about allowing joint firecrackers with restrictions.

October 2026 Purnima Date: When is Sharad Purnima? Check tithi, shubh muhurat and significance
Sep 30, 2026
October 2026 Purnima Date: When is Sharad Purnima? Check tithi, shubh muhurat and significance

Sharad Purnima 2026 will be observed onOctober 25, Sunday. Check the Purnima tithi timings, Nishita Kaal, shubh muhurat, religious significance, Lakshmi Puja rituals and the tradition of preparing kheer on this full moon night.

14 smallcap stocks defy market selloff, rally up to 105% in 3 month
Sep 30, 2026
14 smallcap stocks defy market selloff, rally up to 105% in 3 month

While the Nifty 50 fell nearly 5% in three months, several small-cap stocks bucked the trend. Fourteen Nifty Smallcap 500 stocks rallied 50-105%, led by Raymond and Welspun Corp.

Global Market: Bank of Korea steps up won support with $9.6 billion sale
Sep 30, 2026
Global Market: Bank of Korea steps up won support with $9.6 billion sale

South Korea’s central bank sold a net $9.612 billion in foreign currency during the second quarter to support the weakening won, marking its seventh consecutive quarter of intervention. The won fell 2.1% against the dollar during the period, pressured by a stronger U.S. currency and global market volatility, raising inflation concerns.

Explosion at MRPL oil refinery in Mangaluru causes panic among residents
Sep 30, 2026
Explosion at MRPL oil refinery in Mangaluru causes panic among residents

On Wednesday, a significant explosion occurred at the Mangalore Refinery and Petrochemicals Ltd in Jokatte. Residents from nearby areas reported tremors and shaking of their houses after the incident. A loud noise and large plume of black smoke were visible from distant locations as well. Fire tenders from multiple locations have responded to control the fire at the refinery site.

Recommended
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.