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OMC scam: Reddy's PA gets judicial custody till Oct 17

A special Central Bureau of Investigation court in Hyderabad on Friday remanded Mehfuz Ali Khan, personal assistant of mining baron and former Karnataka minister Gali Janardhana Reddy, to judicial......

OMC mining case: CBI opposes bail pleas of Reddys

Opposing the fresh bail pleas of former Karnataka minister Gali Janardhan Reddy and his brother-in-law B V Srinivas Reddy, the Central Bureau of Investigation on Friday alleged that the two were......

Lokayukta raids mining baron Janardhan Reddy's home, office

Karnataka Lokayukta Police on Tuesday raided the premises of former minister and mining baron Janardhan Reddy in Bellary, Karnataka for alleged illegal mining and possession of disproportionate......

Jagan assets case: Andhra HM named in CBI chargesheet

Andhra Pradesh Home Minister Sabita Indra Reddy was named by the Central Bureau of Investigation as one of the accused in its fifth chargesheet in connection with the disproportionate assets case......

Assets case: Court extends Jagan's judicial remand

A special Central Bureau of Investigation court on Wednesday extended till January 17 the judicial remand of YSR Congress chief Y S Jaganmohan Reddy and other accused in connection with the alleged......

Fighting for cheating-free petrol pumps

'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation,......

Why India must hike diesel price

With the losses incurred by oil marketing companies (OMC's) on selling regulated fuels below their market prices (under-recoveries) reaching alarming levels, an urgent corrective action, like......

Budget 2019: With subsidy bill rising, Sitharaman banks on oil price dip

More than half of the total subsidy provisioning, amounting to 54 per cent, is going towards food subsidy, which is estimated at Rs 184,220 crore for 2019-20 - a 7.5 per cent increase over the......

Fitch says Indian oil cos are at 'risk'. Here's why

Struggling to meet budget targets, the government had in the just concluded fiscal asked cash-rich PSUs to pay second interim dividend as well as undertake share buyback. Financial profiles of......

Markets post third straight weekly gain

After a sharp sell-off in the past two months, overseas investors were once again seen turning bullish on Indian equities.FIIs bought shares worth Rs 63.5 billion in the past five sessions, their......

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OMCs trade in the red; GAIL, ONGC among top losers

The S&P BSE Oil & Gas index was trading 0.19 per cent down at 13,144.44 around 11:09 am. ETMarkets.com | Updated: Aug 19, 2019, 11.14 AM IST... ...

https://economictimes.indiatimes.com/markets/stocks/news/share-market-update-omcs-trade-in-the-red-gail-ongc-among-top-losersnbsp/articleshow/70733030.cms

D-Street likely to receive Aramco deal, zero-debt pledge heartily

Mumbai: Analysts were upbeat on the prospects of the Reliance Industries (RIL) stock when the market opens for trade on Tuesday, after the... ...

https://economictimes.indiatimes.com/markets/stocks/news/d-street-likely-to-receive-saudi-aramco-deal-zero-debt-pledge-heartily-analyst/articleshow/70641282.cms

Oil marketing companies to procure biodiesel from used cooking oil

Oil Marketing Companies (OMCs) in the country would procure biodiesel produced from used cooking oil (UCO) at a rate of Rs 51 per litre in first year ...

https://www.thehindubusinessline.com/companies/oil-marketing-companies-to-procure-biodiesel-from-used-cooking-oil/article28975472.ece

Govt Launches Programme for Converting Used Cooking Oil into Biodiesel in 100 Cities

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC... ...

https://www.news18.com/news/india/govt-launches-programme-for-converting-used-cooking-oil-into-biodiesel-in-100-cities-2265687.html

OMCs issue letters of intent for 9,000 new petrol pumps

The companies are moving quickly to select dealers for new pumps that would help double their retail network in just a few years. By Sanjeev... ...

https://economictimes.indiatimes.com/industry/energy/oil-gas/omcs-issue-letters-of-intent-for-9000-new-petrol-pumps/articleshow/70543686.cms

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