Page 7 - Omcs

Double whammy for sugar mills: Late season hits income, OMCs plan action

Late start of season hits incomes while OMCs to take action for not delivering ethanol as committed

US-Iran conflict: Oil rally has a crude impact on India Inc's key sectors

Among other sectors staring at a negative impact from higher crude oil prices are tyres and cement

Explained: Why sugar-producing firms' stocks are in a favourable cycle

Reducing sugar surplus, rising ethanol procurement, and potential for exports bode well

Here's how Indians can invest in Saudi Aramco, the world's biggest IPO

Saudi Aramco said it would sell 1.5 percent of the company in a blockbuster initial public offering worth between $24 billion and $25.6 billion

Saudi Aramco IPO: Here's how you can invest in world's biggest public offer

Over the past 10 years (since 2009) only a handful of leading oil & gas exploration companies have delivered stellar gains

Heavy flooding to bring down sugar output by 20% to 26 mn tonnes in 2019-20

Ethanol is disrupting the traditional sugarcane value chain and could be a viable option to hedge the sugar sector from seasonal fluctuations and export market shocks

Fuel retail: Job half done

Transparent pricing regime should be the next step

Banks to discontinue cashback on credit card payments at petrol pumps

"The 0.75 per cent cashback on fuel transactions will be discontinued with effect from October 1," read a message from State Bank of India to its customers

OMCs bounce back to sweet spot as crude oil prices slip, GRMs improve

Declining crude oil prices, improving GRMs, and firm marketing margins make them attractive after sharp correction

Fuel supply to Air India stopped at six airports due to non-payment

The airports where the fuel supply was stopped by the state-owned OMCs at around 4 pm are Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Mohali

Muted earnings growth ahead for OMCs as refining margins under pressure

Soft refining margins, higher working capital, subsidy sharing and capex are key risks

Combined debt of state-run OMCs hits five-year high of Rs 1.62 trillion

The debt for all three OMCs bloated by Rs 5,000 crore to 10,000 crore each in the March quarter

400,000 bid for fuel pumps; investment of Rs 90,000 crore expected

Singh added the winners of the current round of bidding will be finalised by March 3

From inventory losses to higher interest costs, analysts cautious on OMCs

The recent weakness in refining margins is also concerning and may pose a downside risk to our FY2020 estimates for OMCs

OMCs look to tap 120 million customers via WhatsApp for LPG services

Oil companies plan to use chatbots, automated messaging services providers, companies to connect with customers on a large scale

Street still cautious on IOC, HPCL and BPCL amid lower crude oil prices

While lower crude oil prices are good for margins, lesser profitability on refining, policy uncertainty add to concerns

Will not ask OMCs to further subsidise petrol, diesel prices, says FinMin

'The Re 1 absorption by OMCs in their pricing was a one-time thing,'the official said

Dividend cut from OMCs, reduction in subsidies unlikely: DEA secy

As far as disinvestment is concerned, he has set an ambitious target of Rs 800 billion for the current financial year

Earnings pressure may intensify for OMCs; HPCL, BPCL, IOCL stocks fall

Despite sharp profit revisions, a weak rupee, higher crude oil prices and the government's stance could lead to further downsides

More financial pain in the offing for OMCs, upstream companies: CRISIL

Rs 35 billion profit hit in Q3 for OMCs, higher under-recovery burden seen to hit upstream too