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Oil giant ahoy! ONGC may buy out HPCL in 44K cr deal

The State-owned Oil and Natural Gas Corporation may acquire India's third-biggest fuel retailer HPCL in an approximately 44,000 crore (USD 6.6 billion) deal as part of the government's plan to......

Oil India wants to develop a major belt in Rajasthan: Utpal Bora

'The rejig would see overhaul of the entire company, including personnel management and deployment, structure, subsidiaries and financial allocation.' State-run Oil India Ltd (OIL) is set to usher......

India in driver's seat as fuel demand roars at fastest rate ever

India has already pipped Japan as the world's third-largest oil consumer. Image: Sales of passenger cars and utility vehicles in India are expected to grow by as much as 12 percent in the next......

Cabinet clears auctioning of ONGC, Oil India fields

  The fields will be bid out on the basis of revenue share or the share of oil and gas a bidder offers to the government The Cabinet on Wednesday approved auction of 69 small and marginal oil......

Govt must reduce financial burden of oil firms, says Fitch

Lower oil prices have reduced net margins of two state-owned upstream companies, Oil India Ltd and ONGC Ltd and the government needs to reduce the burden on them, credit rating agency Fitch said on......

Assam Rifles thrash Navy XI 6-0

Assam Rifles thrashed Navy XI 6-0 while J & K Bank got past Oil India Ltd 2-0 in the Osian's Durand Cup qualifiers at the Ambedkar Stadium in New Delhi on Tuesday.The riflemen found the net through......
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TECH MAHINDRA at 52 Week High; BSE 500 Index Up 0.0%

Posted by Equitymaster TECH MAHINDRA share price has hit a 52-week high at Rs 825 (up 1.6%). Meanwhile, the BSE 500 Index is at 14,065 (up 0.1%).... ...
Around 100 oil and gas fields could go up for private auction

The National Democratic Alliance (NDA) government is considering a proposal by a high-level committee to take away 97 oil and gas fields being... ...
Oil India's third-quarter profit beats estimate

State-owned Oil India Ltd on Tuesday posted nearly 75 percent surge in its quarterly profit, handily beating analysts' estimates, boosted by gains... ...
SECURITY AND INTELLIGENCE SER. Plunges by 5%; BSE 500 Index Up 0.2%

Posted by Equitymaster SECURITY AND INTELLIGENCE SER. share price has plunged 5% and is presently trading at Rs 816. Meanwhile, the BSE 500 Index... ...
Worst Performing Sectors of 2018; S&P BSE REALTY Lags

Posted by Equitymaster The year so far has seen the BSE Sensex trade on a positive note. On a year-to-date (YTD) basis, the index moved up from... ...

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Coming to India and making

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