'I would not suggest buying these stocks in the dip, as the upside in profit is dented without a safety net for a rainy day.'
Named "HomoSEP", ten units are planned to be deployed across Tamil Nadu and the researchers are in touch with sanitation workers to identify the locations, officials said.
Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, is likely to rise to record levels at the rate review scheduled this week, sources said. The government-dictated price for natural gas produced in the country is to be revised on October 1. After factoring in the spike in energy prices witnessed in recent months, the rate paid for gas produced from old fields such as of state-owned Oil and Natural Gas Corporation (ONGC) is likely to rise to $9 per million British thermal units from current $6.1.
The proposed Rs 7,000-crore (Rs 70-billion) petrochemical complex of Gas Authority of India at Kochi has been shelved for the time being due to technical issues, according to Minister of Petroleum and Natural Gas Murli Deora.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
There is money to buy the central public sector enterprises, but buyers will need a firm assurance that the disvestment programme will keep environment issues front and centre of their corporate plans.
The biggest jump in earnings and decline in P/E multiples has occurred with top companies in metals and mining, corporate banking, and the oil and gas sectors.
Adorned with over 3,000 LED lights, Dubai's only multicoloured fountain, designed with colour and brightness controls, will be open to the public all year round.
The Indian cricketers are making most of a rare vacation on an overseas tour.
He recalled that the state was home to Vaishali, said to be the oldest republic in the world.
India's crude oil import bill is set to exceed $100 billion in the current fiscal year ending March 31, almost double its spending last year, as international oil prices trade at seven-year highs. India spent $94.3 billion in the first 10 months (April-January) of the ongoing financial year that started April 1, 2021, according to data from the oil ministry's Petroleum Planning & Analysis Cell (PPAC). It spent $11.6 billion in January alone when oil prices had started to surge.
Ajit Mishra answers reader queries on the stock market.
American sprinter Sha'Carri Richardson, expected to be one of the biggest draws at the Tokyo Olympics, will miss the 100 metres at the Games after accepting a one-month ban for testing positive for cannabis during her US trials victory in June.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Tata group companies are now more valuable than all the listed central public sector undertakings (CPSUs) or companies in the country. The key 20 listed Tata companies ended the 2021 calendar year with a combined market capitalisation of Rs 23.36 trillion, ahead of the 70 listed CPSUs, which had a combined m-cap of Rs 23.2 trillion. In comparison, these CPSUs had a combined market capitalisation of Rs 16.7 trillion at the end of December 2020 against the Tata group firms' combined m-cap of Rs 15.7 trillion.
Gas Authority of India Ltd, which signed a memorandum of understanding with the state government recently, will spend Rs 2,000 crore (Rs 20 billion) this year to lay the pipeline, a senior company official said.
Within two days, the business school had 108 recruiters making 370 domestic and international offers, including 23 new final recruiters with an average salary of Rs 25.08 lakh.
State-run Gas Authority of India Ltd on Monday said the government's decision to raise natural gas prices by 12 per cent would not affect its profitability.
The Centre had earlier urged the top court that up to 20 years be given to telecom companies for the payment of dues in staggered manner.
India's latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL), according to upstream regulator DGH. As many as 21 blocks or areas were offered for exploration and production of oil and gas in the Open Acreage Licensing Policy (OALP) Bid Round-VI, for which bidding closed on October 6. Besides ONGC and OIL, Sun Petrochemicals was the only other company to have bid, according to 'Summary of Bids Received Against Offered Blocks' posted by the Directorate General of Hydrocarbons (DGH).
Stocks of Indian companies with exposure to Europe fell on Tuesday amid concerns about the impact on their sales in case the Russia-Ukraine crisis worsens and the US and its allies impose economic sanctions on Russia. While top conglomerates, including Reliance Industries, the Tata group, and Aditya Birla Group, said they did not have any significant exposure to Russia, executives of some of the oil and gas, pharmaceutical, and tea companies said they were monitoring the situation closely as they earned substantial income from the region. Russian President Vladimir Putin on Monday ordered troops into two breakaway regions of eastern Ukraine after announcing that Russia would recognise their independence.
Draft prospectus for the upcoming mega public offers in public sector oil companies -- Gas Authority of India and Oil and Natural Gas Corp -- are expected to be filed with the Securities and Exchange Board of India
To push ahead with the divestment of Oil and Natural Gas Corp and Gas Authority of India Ltd, the government is likely to appoint as many as five advisors for the public offer of shares of the two companies.
Gas Authority of India Ltd, the country's largest gas distributor, and Turkey's Botas Petroleum Pipeline Corp, will sign a pact to jointly build cross-country pipelines and gas retailing projects, India's junior oil minister said.\n\n\n\n
The defending Olympic champion Jamaican Elaine Thompson-Herah ran a scorching 10.82 to advance and she almost slowed towards the finish line. She was all smiles and thumbs up after a performance that made a clear statement of intent that she was not yet ready to relinquish her title.
Following the October 24 Supreme Court order, the department of telecom estimated that the total liability of 15 telecom companies, including penalties and interest, would be Rs 1.47 lakh crore.
The Department of Investment and Public Asset Management (Dipam) has asked ministries, government departments, and public sector undertakings (PSUs) to send a list of assets that can be monetised under the proposed National Monetisation Pipeline. The list will be used for creation of an asset monetisation dashboard, which will keep a track of such assets. The government, meanwhile, has asked CRISIL to prepare a road map for monetising assets of PSUs and government departments.
We asked you to share pics and stories of your furry companions. This is what Pratik from Sydney shared.
The plant has been shut since 2013 for want of domestic gas supplies.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In gifting the submarine to Myanmar, India is competing with China for influence in the region.
The board of directors of Indian Oil Corporation on Wednesday decided to sell up to 50 per cent and 20 per cent of its take in Gas Authority of India Ltd
Gas Authority of India on Monday said it is planning to invest up to $500 million over the next three to five years for gas exploration and liquefaction facilities in Australia.
One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Eight-time Olympic gold medallist Usain Bolt said he hopes American sprinter Sha'Carri Richardson can "refocus" and get back on the track after she completes a one-month ban following a positive test for cannabis.
The statement comes in the wake of reports that warned of power crisis looming large due to the coal shortage in the country.
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