The FM should quietly get the oil companies to offload the shares in the market and pocket the gains
The government is seeking to keep its fiscal deficit within the budgetary target of 4.8 per cent of GDP.
The Gujarat High Court had last week directed ONGC to pay royalty on crude oil on the gross price it bills to refiners.
Old timers in Oil and Natural Gas Corporation (ONGC) still remember how in early 2000 its overseas subsidiary, ONGC Videsh Ltd (OVL), was on the verge of closure. Though OVL was set up in 1965, the only discovery the company had made till then was in Vietnam offshore, with more investment needed to monetise it. In 2001, when OVL started looking for new blocks abroad, the company's previous acquisition was 13 years old.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
When big offers hit the market, broader indices corrected 2-4%
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Markets climb higher tracking global cues.
Markets closed the day in green on favourable domestic factors,
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
Biggest ever share sale by any private or public sector co in India.
Market cap of government companies has remained unchanged in the past 8 years.
Stocks and sectors impacted most by GST.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
These refineries, commissioned mostly in the 1950s and 1960s during India's early industrialisation push, are inefficient and costly to maintain compared to their modern counterparts on the coast mainly operated by private companies.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
Pharma shares extended losses after the government's ban on combination drugs.
Referring to Modi, Adityanath and Union Home Minister Amit Shah as 'outsiders', the farmer leader said he has no objection if they become prime ministers after winning polls from Uttarakhand or Gujarat.
IT companies account for a third of the entire dividend pot this year
The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
Quattrocchi lived in India for several years as the representative of an Italian firm, Snam Progetti, in the 1980s. He was close to the Gandhi family and in 1999 was named one of the accused in the case regarding the Rs 64-crore pay-off for the supply of 155 mm Howitzer guns made by Bofors, for which a controversial deal was signed in 1986 when Rajiv Gandhi was the prime minister.
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Three PSUs, three private firms join bid to acquire 40% stake in Haldia Petrochem.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
'Kindly advise about the following stocks. Can I hold or exit?'
Arun Jaitley will aim for jumps in other revenue streams for the government.
Alibaba founder and executive chairman Jack Ma is this year's biggest financial gainer as the billionaire entrepreneur's fortune has swelled by a whopping $18.5 billion this year to $29.2 billion.
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
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