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Crude awakening for ONGC, Oil India

The falling price of crude oil is good for the government, but less so for state-owned crude oil producers as they gear up for divestment

Essar Oil net profit drops 46% in Q4 to Rs 546 cr

25 May 2015

Gross revenue for the quarter stood at Rs 19,252 cr, which was 30% lower than year-ago period

ONGC Videsh FY15 net profit down 57% on crude slump

25 May 2015

ONGC Videsh Ltd (OVL), the unlisted overseas arm of state-run petroleum explorer Oil and Natural Gas Corporation (ONGC), today said its net ...

IOC to infuse Rs 1,000 crore in Chennai Petroleum

25 May 2015

Chennai Petroleum Corporation Ltd (CPCL), a group company of Indian Oil Corporation (IOC) to raise around Rs 1,000 crore from his parent. The ...

Chennai Petroleum Q4 net jumps over seven-fold at Rs 364 cr

25 May 2015

Chennai Petroleum Corporation Ltd (CPCL), an Indian Oil Group company, today reported over seven-fold rise in net profit at Rs 364.57 crore for ...

Chennai Petroleum rallies on strong Q4 results

25 May 2015

The stock rallied 13% to Rs 102, after the company reported a net profit of Rs 365 crore in March quarter against Rs 50 crore in the year ago ...

Markets remain subdued; Nifty slips below 8,450

25 May 2015

Metals and FMCG stocks are trading weak, while Bharti Airtel, ONGC and M&M have rallied more than 1%

RIL to restart petrol pump network by March next year

25 May 2015

The company had to shut its 1,400 odd gas stations as it wasn't getting subsidies extended to state-run operators

Govt urges Sebi to curb PSU stock trade on stake

24 May 2015

Concerned over punters beating down the stock price of PSUs ahead of disinvestment, the government wants market regulator Sebi to decide quickly ...

MRPL again mulls retail foray; fourth quarter net up 9.5%

23 May 2015

Q4 profit enables company to reduce its annualised loss to Rs 1,712 cr from a loss of Rs 2,800 cr at the end of third quarter

FinMin sanctions Rs 5,223-cr fuel subsidy for IOC, BPCL

22 May 2015

With this, the total subsidy provided by the government in 2014-15 goes up to Rs 27,308 cr

Pre-Market: Stocks to watch in trade on Friday

22 May 2015

Reliance Industries, Wockhardt, ICICI Bank, SpiceJet, SBI and ITC are likely to be in the limelight this morning

ONGC, Cairn to spend Rs 6k cr in K-G basin

22 May 2015

Nagayalanka has oil resources of about 320 million barrels, of which about 40 million can be recovered

Mukesh Ambani's salary capped at Rs 15 cr

21 May 2015

Wife Nita, who joined the board as non-executive director in FY15, draws 84 lakh

Indian Oil returns to seek jet fuel, kerosene

20 May 2015

Indian Oil Corp (IOC) is seeking a total of 15,500 tonnes of jet fuel and superior kerosene for June 15-17 arrival at Chennai and Vasco in Goa, ...

Centre secures approval to sell stake worth Rs 50k cr in 20 PSUs

20 May 2015

The finance ministry's department of disinvestment has a pipeline of PSUs in which it plans to sell stake this financial year, as well as the ...

Today's picks: 19 May 2015

19 May 2015

NIFTYCurrent: 8,365 (fut: 8,359)Target: NAStop-loss short positions at 8,435. Stop- long positions at 8,285. A long 8,200p (42), short 8,100p ...

ONGC seeks green nod for Rs 53k-cr KG-basin infra

19 May 2015

State-owned ONGC has approached the Ministry of Environment and Forests (MoEF) seeking clearance for drilling 45 Development Wells and other ...

HOEC surges on government nod for commercialisation of Dirok block

19 May 2015

The stock surged 13% to Rs 42.80 on the BSE.

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