When the news of steel baron LN Mittal getting into the energy sector without his Indian exploration and production partner, Oil and Natural Gas Corporation surfaced, there was much speculation about whether the alliance was on the verge of a break-u
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Officers of Central Public Sector Units will go an indefinite nationwide strike from December 22, demanding higher salaries and autonomy for the public sector.
Mumbai Police has banned the use of flying lanterns during Diwali celebration in a bid to avert possible fire and security threats caused by them to high rise buildings.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
Petrol price was on Saturday cut by Rs 0.50 per litre but there will be no change in rates of diesel.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reliance Industries Ltd is seeking export-oriented unit status from the government for its existing 33 million tonne per annum refinery in Jamnagar.
Mittal, who is partnering HPCL for the project, will bring to the joint venture his vast expertise in project execution and unparalleled skills in managing governments.
The markets opened in red in line with weak Asian peers.
The government has decided to go ahead with the privatisation of Hindustan Copper Ltd, setting aside concerns over the fate of units, which were partially nationalised.
Israeli firm, Rapac Technology, has announced that its subsidiary, Orpak Industries, has won a contract to automate HPCL fuel stations in India, according to a media report.
Chanda Kochhar has been ranked as the most powerful woman in the Asia Pacific region by fortune magazine.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
The markets opened in the positive terrain on the back of positive Asian cues
The markets opened in the positive terrain but slipped and are trading flat as selling was seen in banking and pharma stocks
According to data shared with the Lok Sabha, 19 road projects awarded after May 2014 were facing delays
Petroleum Minister Murli Deora will meet Finance Minister P Chidambaram next week to discuss a package to bail out public sector oil firms that have been suffering huge losses on account of selling fuel on discounted prices.
Several members of Parliament have opposed privatisation of public sector oil firms like IOC and have asked the government not to seek a review of the Supreme Court verdict halting privatisation of HPCL and BPCL, Petroleum Minister Ram Naik said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In the Sensex pack, ICICI Bank emerged as the top gainer by rising 0.97 per cent, while Tata Steel advanced 0.92 per cent.
The 50-share NSE Nifty stayed in the positive zone and retook the 9,900-mark to hit a high of 9,905.05 as buying paced up towards the fag end. It settled higher by 72.45 points, or 0.74 per cent, at 9,899.60.
In early trade on Monday, the rupee fell to 63.33 to a dollar, its weakest since September 18.
Oil and Natural Gas Corporation on Thursday said its investments for exploration of oil and gas in India and acquisition of overseas assets would be impacted if government increases the company's subsidy burden.
Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts
'The Supreme Court decision upholds the true principle of parliamentary democracy,' says Fali Nariman who argued the BPCL-HPCL divestment case.
Divestment Minister Arun Shourie, who met Law Minister Arun Jaitley in New Delhi on Thursday to discuss the ramifications of the apex court judgement
Oil and Natural Gas Corporation on Wednesday awarded six of its small oil fields in Assam and Gujarat to private firms for development and production.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Petrol price has been cut by 58 paise a litre and diesel by 25 paise with effect from midnight tonight.
No immediate comment was available from airlines on the impact of the price hike on passenger fares.
The movement of prices in international oil market and rupee-dollar exchange rate shall continue to be closely monitored
After endorsing Lotto, Malabar Gold and HPCL, tennis star Sania Mirza has been roped in by Tata Indicom with the launch of a limited edition of 'Signature Series' of handset called 'Sania Fone'.
Petroleum Minister Mani Shankar Aiyar on Thursday held discussions with chief executives of public sector oil companies to explore the possibility of merging BPCL and HPCL with ONGC and OIL with IOC to create two oil behemoths.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
SpiceJet grounded all its aircraft due to payment woes
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