The NSE Nifty ended 55.75 points, or 0.57 per cent, higher at 9,912.80 after moving between 9,925.75 and 9,882.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
The price of petrol has been hiked by Rs 1.39 per litre and that of diesel by Rs 1.04 a litre, in sync with firming international rates.
IOC, BPCL and HPCL on Thursday afternoon stopped ATF supplies to Air India at six airports - Kochi, Pune, Patna, Ranchi, Vizag and Mohali - over payment defaults. AI flights from these places were tanking up from other airports.
Fernandes wanted Coca-Cola Company to not just transfer 60 per cent of the shares of its Indian firm but also the formula for its concentrate to Indian shareholders.
If Reliance has to pay about one percentage point more for short-term money, the bond market could be out of bounds for many lower-rated firms after some time.
Turkey's state-run Halkbank can only resume processing Indian oil payments to Iran once Western sanctions are officially lifted following an interim deal in Geneva last month, a senior Halkbank official said on Wednesday
Indian Oil Corp has emerged as India's biggest company in terms of annual revenue.
With the government planning to start 20 per cent blending of bio-diesel with diesel, Indian oil companies are fast firming up their bio-diesel ventures.
Sumit Nagal brought himself recognition after taking a set off Roger Federer in the opening round match of the US Open, which he eventually lost 4-6, 6-1, 6-2, 6-4. However, Haryana lad said he has yet not been approached by any new sponsors.
The cut reflects changes in global prices of the two fuels since the last revision.
The 2019 list shows a 37 per cent jump in brand value for the Tata group, to $19.55 billion for 2019, the highest in the top 25.
Consolidated revenue rose to a record Rs 163,854 crore.
Plans disinvestment in IOC and Coal India.
Modi is believed to have signed on Ashok's appointment file before he left for Brazil to attend BRICS Summit, an oil ministry official said in New Delhi.
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
The three state-owned fuel retailers have been "directed to stop supplies of LPG refills to households having multiple- connections for which no KYC (Know Your Customer) details have been received, with effect from June 1," a statement issued by Indian Oil Corporation, the nation's largest oil firm, said.
Has Lad offered any tips to Railways bowlers on how to dismiss Siddhesh?
The price reduction will be effective midnight tonight, announced Indian Oil Corp
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Parliamentary panel seeks changes in crude import norms.
Indian Oil Corporation alone lost Rs 80 crore (Rs 800 million) per day, the company's Chairman Sarthak Behuria said.
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
Oil marketing companies decrease distribution & production of fuel brands after huge drop in demand.
This is the second increase in rates of petrol this month while in case of diesel it wipes away a part of the hike effected earlier this month
IOC protests, says have invested in these facilities over a period of time.
Four persons were arrested for allegedly shouting pro-Islamic State slogans at a rally in Rajasthan's Tonk district, the police said on Sunday.
If you are pressed for time, you could eat, shop, as well as service your car, or fill up diesel or petrol.
The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
Interview with chairman, Vedanta.
India has already pipped Japan as the world's third-largest oil consumer.
Next phase of rise will unlikely be a combined exercise from the three oil marketing companies.
In the next quarter, the country will also start gearing up for various Assembly elections could put the government as well as the OMCs under pressure
ONGC Videsh Ltd and its partners Indian Oil Corporation and Oil India Ltd had in 2009 dropped plans to develop the Binaloud oil find in the Farsi offshore block as it found one billion barrels of reserves commercially unviable.
Rohit, who didn't make it to the playing XI in the two-Test series in the West Indies, could be given another opportunity to revive his Test career, with the selectors looking towards him opening the innings.
In September, issue of new LPG connections had been put on hold pending a massive nationwide exercise to eliminate multiple connections
However, unlike cellular services where consumers have the option to switch between different mobile companies, LPG consumers would have the limited option of changing only their dealers, not the oil company.
Expecting oil prices to remain under pressure, Fitch Ratings said deregulation of diesel prices in October will help in lowering the under-recoveries (which is nothing but international petroleum prices minus the subsidised retail rates).
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances