The Sensex zoomed past the 3,800-mark and closed with a gain of 65 points at 3,807.
The government owned oil companies have proposed to pay interim dividend for the financial year 2006-07
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Oil and Natural Gas Corporation has been adjudged the greenest company in the country, while Reliance Industries has been ranked second in a survey conducted by Business Today-ACNielsen ORG-MARG.
The indices closed with losses for the week, with the Sensex declining 476.14 points, and the broader NSE Nifty falling 155.45 points during the period.
Even as Minister of State for Petroleum Dinsha Patel has told the Rajya Sabha that new connections are easily available for genuine customers, householders all over India are facing an acute shortage of LPG cylinders.
All subsidies will be eliminated by March 2018
There are about 23 oil refineries in India with a combined capacity of 230 million tonnes per annum.
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
Officers of Central Public Sector Units will go an indefinite nationwide strike from December 22, demanding higher salaries and autonomy for the public sector.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Petrol price was on Saturday cut by Rs 0.50 per litre but there will be no change in rates of diesel.
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.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The markets opened in the positive terrain on the back of positive Asian cues
Chanda Kochhar has been ranked as the most powerful woman in the Asia Pacific region by fortune magazine.
The markets opened in the positive terrain but slipped and are trading flat as selling was seen in banking and pharma stocks
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
According to data shared with the Lok Sabha, 19 road projects awarded after May 2014 were facing delays
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.
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.
'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
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