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Corporate spying: 2 oil ministry staff among 5 held

Cracking down on a suspected case of corporate espionage, Delhi Police on Thursday arrested two oil ministry officials and three other middlemen for allegedly leaking classified government......

CAG red-flags $1.6 bn excess cost recovery by RIL

CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block, leading to instance of excess cost recovery. Government......

Global oil giants seek inroads into India's retail fuel market

Global oil majors including Saudi Aramco and Total plan to tap the retail fuel market in India, its oil minister said on Friday, reflecting the expanding role of the world's fastest-growing large......

Finmin lines up 16 PSUs for divestment

  Finance Ministry has drawn up a list of 16 PSUs, including Oil and Natural Gas Corporation, Oil India and Coal India for disinvestment in 2016-17 which could fetch the exchequer Rs 40,000......

FinMin returns Oil Ministry's gas price premium proposal

The Oil Ministry was asked to determine the premium to be paid to discoveries made post October 2014. Finance Ministry has returned an Oil Ministry proposal to allow market price for part of the......

Oil Min rejects RIL arbitration notice, terms it 'untenable'

The Oil Ministry has rejected Reliance Industries' (RIL) latest arbitration notice challenging the government decision to take away 814 sq km of its KG-D6 gas block, saying it was misconceived and......
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Rates and results to guide equity markets

Macro-economic data points, along with quarterly results and a decision on the Goods and Services Tax (GST) sub-rates on gold, will form the major... ...

http://www.sify.com/finance/market-outlook-rates-and-results-to-guide-equity-markets-news-sensex-rf2lubihdfahe.html
Brazil Leads Global Market Rally on Hopes of Political Reform

Posted by Equitymaster Brazilian stocks bounced back after the massive sell-off last week. The selloff came after new bribery allegations surfaced... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/IB0GyjZpX1Q/tm.asp
Sensex Opens Flat; Cipla Plunges on Poor Q4 Results

Posted by Equitymaster Stock markets in Asia are lower today despite major oil producers agreeing to extend output cut for an additional nine... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/uZJopHhK8OM/tm.asp
Aviation straightens up to fly right

Lower fuel price has resulted in affordable airfares, propelling double-digit growth in the domestic aviation sector for the last three years.... ...

http://www.mydigitalfc.com/news/aviation-straightens-fly-right-670
IOC quarterly net jumps 85% on inventory gains, higher margins

The country’s largest oil refiner, Indian Oil Corporation (IOC), on Thursday reported an 85 per cent jump in the March quarter net profit from... ...

http://www.mydigitalfc.com/news/ioc-quarterly-net-jumps-85-inventory-gains-higher-margins-654

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