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India cuts Iran oil imports 42%, takes Venezuela and others

4.28 pm | 17 Jun 2013 |  Source: Reuters

India cut its oil imports from Iran by 40 percent till May in 2013. Currently, the country's oil imports from Iran stood at 12.2 percent for May. It r...

Petrol price hiked by Rs 2 per litre due to weak rupee

10.37 am | 16 Jun 2013 |  Source: PTI

Petrol price was on Saturday hiked by a steep Rs 2 a litre, the second increase in rates this month, as devaluation of rupee against US dollar made im...

IOC hikes petrol prices by Rs 2/ltr effective midnight

6.50 pm | 15 Jun 2013 |  Source: CNBC-TV18

State-owned Indian Oil Corporation (IOC) announced on Saturday evening that it has hiked petrol prices by Rs 2 per litre, effective midnight, reports ...

Mkt gain to continue; expert tips to play oil stock now

7.31 pm | 14 Jun 2013 |  Source: Moneycontrol.com

Indian indices will continue its gains next week and market participants will keenly eye the RBI's policy on Monday given the decline in WPI inflation...

OMCs bleed on rupee fall; keen on OVL's Kazakh buy: Moily 

9.25 pm | 12 Jun 2013 |  Source: CNBC-TV18

Union oil minister, in an interview to CNBC-TV18, called for steps to halt the rupee's fall and adds that the government is keen on OVL's acquisition ...

Weak rupee signals worries for BPCL, HPCL, IOC

1.12 pm | 11 Jun 2013 |  Source: Moneycontrol.com

Oil marketing companies have taken a hit due to teh falling rupee. Since HPCL,BPCL import 70% of their crude requirement, they wil now have to pay sig...

Will hike diesel prices at June-end: IOC 

12.24 pm | 11 Jun 2013 |  Source: CNBC-TV18

IOC hiked the diesel price by 50 paise on June 1 and is likely to go for another hike only next month after government's decision. ...

Factbox: Contenders in Iranian presidential election

8.35 pm | 10 Jun 2013 |  Source: Reuters

Top oil exporter Saudi Arabia is selling more crude to India in July as two refiners have asked for additional cargoes, industry and company sources f...

Falling rupee keeps IT hot, douses rate-cut hopes: Experts

6.44 pm | 10 Jun 2013 |  Source: Moneycontrol.com

Rupee's sharp depreciation against dollar has shifted gears of Indian indices. Experts now opine to focus on exporters like IT and Pharma and avoid ra...

HPCL, BPCL, IOC lose Rs 22000 cr in 1 month on weak rupee 

4.28 pm | 10 Jun 2013 |  Source: CNBC-TV18

HPCl, BPCL and IOC lost around Rs 22,000 crore last month due to the rupee depreciating against the dollar...

Buy Arvind, Bata India; sell IOC: Parag Doctor 

5.12 pm | 07 Jun 2013 |  Source: CNBC-TV18

Parag Doctor of Keynote Capital is bullish on Arvind and Bata India, while bearish on Indian Oil Corporation and Rural Electrification Corporation....

Bull's Eye: Buy RComm, Arvind, YES Bank; sell IOC 

9.15 am | 07 Jun 2013 |  Source: CNBC-TV18

Sharmila Joshi of Peerless Securities advised buying Arvind with a target price of Rs 89 and Reliance Communications with a target price of Rs 121....

ONGC to give 10-25% stake in CBM blocks to Dart Energy

6.27 pm | 05 Jun 2013 |  Source: PTI

ONGC plans to to give 10-25 percent stake in its four coal-bed methane blocks to Brisbane-based Dart Energy. ...

3 OMCs, 17 sugar mills in CCI net for cartelisation 

4.23 pm | 05 Jun 2013 |  Source: CNBC-TV18

The fair trade regulator will look into anti-competitive practise adopted by ethanol makers while bidding for supplying the commodity to oil retailler...

Stocks in news: IOC, Sun Pharma, Infosys, Videocon, Maruti

8.38 am | 03 Jun 2013 |  Source: CNBC-TV18

IOC | Sun Pharma | Infosys | Videocon Industries | TTK Prestige | BGR Energy | Omaxe | Essar Ports | Ashok Leyland | Tata Motors | M&M and Maruti are ...

Mkt to do well in June; like CESC, IOC: PN Vijay 

2.23 pm | 01 Jun 2013 |  Source: CNBC-TV18

PN Vijay of askpnvijay.com feels the market is very volatile and investors have to be very careful, but one can look for better times in June as compa...

Buy IOC around Rs 295: PN Vijay 

12.52 pm | 01 Jun 2013 |  Source: CNBC-TV18

PN Vijay of askpnvijay.com is of the view that one can buy Indian Oil Corporation (IOC) around Rs 295 or so and expect about 20 percent in the next 7-...

Oil cos cut aviation fuel price from June 1 as crude slides

12.51 pm | 01 Jun 2013 |  Source: Moneycontrol.com

OIl companies have cut aviation fuel price by an average Rs 250/kl. However, there is no word from airlines on whether there will be any fare cuts fol...

Revised petrol, diesel prices in metros effective midnight

9.11 pm | 31 May 2013 |  Source: Moneycontrol.com

The petrol and diesel prices in Mumbai, Delhi, Kolkata and Chennai will be revised with effect from Saturday after Indian Oil Corp (IOC) hiked petrol ...

Petrol prices hiked by 75p/ltr; diesel up 50p/ltr

8.07 pm | 31 May 2013 |  Source: Moneycontrol.com

Following sharp depreciation in rupee oil marketing companies hike both petrol and diesel price by 75 paise and 50 paise per litre respectively....

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