Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government's decision to cut retail prices of petrol and diesel could hurt the companies' profit margins in the near term. On Thursday, the government announced that OMCs will reduce pump prices of petrol and diesel after a record 22 months, making them cheaper by Rs 2 per litre in the national capital. The changes were effective from Friday.
Reliance Infocomm has introduced two interactive mobile applications, 'City Guide' and 'TV Guide', in Mumbai, New Delhi, Kolkata, Chennai, Bangalore and Hyderabad.\n\n\n\n
The old note will continue to be accepted for other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15
The blast damaged a petrol pump, several shops and some cars. A witness said the convoy was apparently hit by a suicide bomber who was in a jeep.
Ankur Jain analyses the truth behind cellphone do's and don'ts that are doing the rounds of the Internet.
Hours after the government banned Rs 500 and Rs 1,000 notes, Indians are facing an acute shortage of change.
The number of protesters swelled at Delhi border points on Wednesday. Police stepped up security after thousands blocked key gateways into the national capital for the seventh day on the trot, leaving commuters facing a harrowing time.
The hoardings will also have the contact numbers of Station House Officers and senior police officials so that people can pass on information about suspects to the police, they said.
The Jindal trust chairperson would like help to improve access to public utilities for the physically challenged.
Delivering the verdict in a packed court room, District Judge S M A Abidi said the murder of 27-year-old Manjunath on November 19, 2005, was planned because weapons of different persons residing in different localities were used.
Maps and GPS navigation services provider MapmyIndia on Monday launched its new navigation gadget, which is equipped with maps of 401 cities, priced at Rs 11,990.
The city and its adjoining districts were in the grip of a serious fuel crisis with petrol pumps going dry following the indefinite strike by West Bengal Tankers Association, which entered the sixth day on Tuesday.
The Indian Railway Catering and Tourism Corporation has tied up with the Bharat Petroleum Corporation and launched an e-ticketing initiative to help people book tickets at BPCL outlets.
Superintendent of Police Amit Jain told PTI that the crude bomb, apparently planted by the Naxalites, went off when the bus approached a petrol pump.
You cannot put a price tag on peace of mind during an event as huge and nerve-wracking as this.
Government may impose a 25 per cent cess on big diesel cars and charge bulk users other than railways and state transport corporations Rs 22 a litre more for diesel as part of a dual fuel pricing policy.
IndianOil XTRAREWARDS is the first on-line reward programme for customer's paying cash
Two men were killed when a "speeding" car linked to a Bharatiya Janata Party legislator hit their motorcycle in a head-on collision in Lakhimpur Kheri, the police said on Monday.
The state-run Oil and Natural Gas Corporation may buy stake in Bharat Petroleum Corporation's 6 million tonne Bina Refinery.
In the second-such incident in a fortnight, two mysterious blasts in a span of five minutes triggered panic in the national capital New Delhi in which one person was injured and four cars were damaged.
A 36-year-old Finnish national was allegedly raped by an unidentified man in the satellite city of Navi Mumbai, police said on Wednesday.
Uttar Pradesh Chief Minister Mulayam Singh Yadav on Friday directed the government to allot a piece of land in Lucknow to the family of the late Major Amiya Tripathi to set up a petrol pump.
Security personnel have been conducting flag marches and holding regular consultations with locals to assuage their fears. They are also urging residents to not pay attention to rumours on social media and report them to the police.
The dawn-to-dusk bandh called by All India Anna Dravida Munnetra Kazhagam in protest against the conviction of J Jayalalithaa in a disproportionate assets case disrupted normal life in Puducherry on Saturday.
While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
Honest citizens will be protected and it will be done because of your son's sacrifice, the President told the murdered IOC official's parents.
As part of its expansion plans, Barista Coffee Company on Thursday launched Barista Creme, an exclusive sub brand of premium cafes, costing Rs 50 lakh.
The government has cut the windfall profit tax on crude oil produced in the country while the levy on exports of diesel and ATF has been hiked, an official notification said. The tax, levied in the form of special additional excise duty or SAED, on domestically produced crude oil was reduced to Rs 6,700 per tonne from Rs 7,100 a tonne. SAED on the export of diesel was increased to Rs 6 per litre from Rs 5.50 a litre and on jet fuel or ATF to Rs 4 per litre from Rs 2, the notification said.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
Addressing a press conference at the Singhu border protest site, farmer leaders warned of multiple actions if their main demands are not met. They said that only five per cent of the issues raised by them have so far been discussed in meetings with the government.
When driver Rehan agreed to take four youths around the city for a 'quick pilgrimage' in his vehicle, little did he know that they were on a dangerous mission to attack the makeshift temple at the disputed site in Ayodhya.
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