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IOCL to put on stream 3 more petrochemical units by 2020

Combined investment in the two units is pegged at around Rs 13,000 crore

HPCL to raise Rs 1,260 cr for capex

03 Jul 2015

Fitch Ratings said it assumed an average annual capex of Rs 8,000 cr for HPCL over the next two financial years

OMCs hit multi-year highs

02 Jul 2015

Since Jan, scrips have rallied 25-43%, with encouragement from reforms in sector since mid-2013 and optimism on earnings prospects

BPCL, HPCL, Indian Oil hit 52-week highs on growth prospects

02 Jul 2015

IOC has rallied nearly 6% to Rs 413. HPCL and BPCL have surged 4% and 2% respectively on the BSE in intra-day trades

BPCL acquires 19.97% stake in PetronetCCK

29 Jun 2015

BPCL has acquired 19.97% stake from a financial institution which was an investor in Petronet CCK Limited

RIL to defer gas field development if price outlook uncertain

29 Jun 2015

Reliance Industries may defer development of R-Series and other satellite gas fields in the eastern offshore KG-D6 block if the gas price ...

RIL to shut down one refinery unit for maintenance in July

29 Jun 2015

The other three crude distillation units in Jamnagar for will be operating at normal rate

Oil marketing companies gain as crude prices fall; BPCL hits new high

29 Jun 2015

At 0939 hours, BPCL, HPCL and Indian Oil were up between 1% and 2% compared to a 1.7% decline in the Sensex.

Govt rejects Cairn's arbitration on tax dispute

29 Jun 2015

The move, the UK firm says, is hampering it from conducting its business, which includes sale of its remainder stake

Next hearing in RIL, R-Petro merger on Tuesday

26 Jun 2015

Final hearing concluded last week and RIL has made its final submission

Essar's UK refinery turns a corner

26 Jun 2015

Essar group's Stanlow refinery in UK has turned the corner as it reported its highest ever profit after tax (PAT) of $70 million for the fiscal ...

Markets range-bound ahead of F&O expiry

25 Jun 2015

Nifty holds 8,350; HDFC, BHEL, RIL and L&T are the leading gainers.

Essar Oil UK secures new long-term working capital facilities for Stanlow refinery

24 Jun 2015

The inventory monetisation arrangement with J Aron and Company covers the supply of crude oil to Stanlow

Chennai Petroleum zooms 100% in one month

24 Jun 2015

The stock has touched a fresh 52-week high of Rs 188 in intra-day trades on the BSE, rallying more than 100% from Rs 90 on May 22.

RIL, ONGC, SBI, BHEL, L&T could be out of Sensex in 10 years: Ambit Capital

23 Jun 2015

New entrants could include Flipkart, Paytm, CCD and ICICI Prudential Life Insurance, says a report from Ambit Capital

Reliance Industries, financials contribute 50% of over 1,000 points Sensex rally in seven days

22 Jun 2015

RIL, HDFC, ICICI Bank and HDFC Bank have contributed 573 points or 53% of the total 1,083 points Sensex gain.

Cairn-Vedanta merger faces big challenges

22 Jun 2015

Cairn India's minority shareholders do not see the deal in their interest; the government too may throw in riders because of its concerns over ...

Reliance Jio gets provisional nod for TV content distribution

22 Jun 2015

RIL today said its subsidiary Reliance Jio Media has received provisional registration from the government to operate as multi service operator ...

MNCs earn more dividend than Indian promoters

22 Jun 2015

4 MNCs among top 10 companies with dividend-earning promoters in FY15

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