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News on Oil India
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'Diesel deregulation to have positive impact on oil cos'

8.11 pm | 17 Dec 2014 |  Source: PTI

Expecting oil prices to remain under pressure, Fitch Ratings said deregulation of diesel prices in October will help in lowering the under-recoveries ...

Check out: Top chart picks by market experts 

4.28 pm | 15 Dec 2014 |  Source: CNBC-TV18

Watch the interview of P Phani Sekhar, Fund Manager PMS, Angel Broking who shared his readings and outlook on specific stocks and sector & Nikhil Koth...

Hold Tata Motors DVR, Oil India: Phani Sekhar 

4.23 pm | 15 Dec 2014 |  Source: CNBC-TV18

According to Phani Sekhar, Fund Manager-PMS at Angel Broking, one can hold Tata Motors DVR and Oil India....

Oil India signs MOU with Zarubezhneft, Russia

11.24 am | 13 Dec 2014 |  Source: Moneycontrol.com

Oil India has signed an MOU with M/s. Zarubezhneft, Russia during the India-Russia Annual Summit on December 11, 2014 at New Delhi....

Why India and Russia remain BFFs

4.33 pm | 11 Dec 2014 |  Source: CNBC

The two nations enjoyed a heady courtship during the 1970s, but the relationship has faded over the years. Five years ago, Russia-India trade was one-...

Stocks in news: ONGC, SBI, JSPL, Sintex, BPCL, Reliance Cap

8.25 am | 11 Dec 2014 |  Source: CNBC-TV18

Jindal Steel and Power | ONGC | IL&FS Investment Managers | SBI | Punjab National Bank | Bank of Baroda | Sintex Industries | BPCL | HPCL | IOC | IDFC...

Essar Oil to sign 10-yr deal to import crude from Russia

9.17 pm | 10 Dec 2014 |  Source: PTI

Essar Oil's Memorandum of Understanding (MoU) with Rosneft, Russia's biggest oil producer, is among the agreements that are to be signed during Putin'...

Cairn, ONGC slump; Macquarie cuts target on oil price fall

3.23 pm | 09 Dec 2014 |  Source: Moneycontrol.com

The brokerage house downgraded Cairn India to neutral from outperform and cut its target price by 19 percent to Rs 267 while it suggested a shift to t...

Oil Min to cut subsidy burden of ONGC, adjust cess payment

2.57 pm | 08 Dec 2014 |  Source: PTI

According to a new subsidy sharing formula, the payout of upstream oil producers like ONGC is to be reduced to the extent of Rs 4,500 per tonne oil de...

Oil cos, govt may split LPG subsidy sharing 50:50 

3.55 pm | 04 Dec 2014 |  Source: CNBC-TV18

Sources say the PMO has already agreed to share the subsidy burden 50:50 and taking this forward, the oil ministry is now arguing that the same ration...

ONGC up 2%; Citi maintains buy rating, sees 25% upside

11.51 am | 04 Dec 2014 |  Source: Moneycontrol.com

ONGC's net realisations could improve to USD 59 per barrel and earnings per share (EPS) to Rs 42 per share, assuming crude is at USD 80/bbl and upstre...

Govt can now abolish subsidies amid crude fall: Ex-CMD ONGC 

10.57 am | 02 Dec 2014 |  Source: CNBC-TV18

According to Sudhir Vasudeva, Former CMD, ONGC, investors need clarity on gas pricing and subsidy formula, as new gas price revisions have fallen shor...

See more upside in HPCL, BPCL; buy Cairn on dips: Religare 

1.00 pm | 01 Dec 2014 |  Source: CNBC-TV18

"In Q3 and Q4, subsidy burden on ONGC and Oil India should come down. On an average for the year the subsidy that has been put on them should not be m...

ONGC lines up $3 bn investment in Mozambique

8.38 pm | 28 Nov 2014 |  Source: PTI

ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corp (ONGC), and Oil India Ltd (OIL) have already spent USD 5 billion in takin...

ONGC finalises gas sales at USD 10.10-11.20: Pradhan

7.01 pm | 26 Nov 2014 |  Source: PTI

The price that ONGC is getting for gas from its fields in Gujarat and Andhra Pradesh is almost double of the USD 5.61 per million British thermal unit...

Buy Oil India; target of Rs 720: Motilal Oswal

3.29 pm | 25 Nov 2014 |  Source: Moneycontrol.com

Brokerage house Motilal Oswal is bullish on Oil India and has recommended buy rating on the stock with a target price of Rs 720, in its research repor...

Bull's Eye: Buy SpiceJet, Titagarh Wagons, IRB Infra 

8.49 am | 24 Nov 2014 |  Source: CNBC-TV18

Pankaj Jain of Sunteck Wealthmax advises buying SpiceJet with a target price of Rs 17.65 and Man Industries with a target price of Rs 87.50....

Gas pricing, subsidy sharing key triggers for ONGC: IDFC 

1.33 pm | 21 Nov 2014 |  Source: CNBC-TV18

Upstream oil companies such as ONGC, Oil India and GAIL are likely to benefit the most from lower subsidy payout, Prakash Joshi, metals analyst at IDF...

Prefer upstream cos over OMCs; ONGC best bet, like OIL: UBS 

12.18 pm | 20 Nov 2014 |  Source: CNBC-TV18

According to Ashish Jagnan of UBS on the back of decent set of reforms from government with regards to gas price, deregulation of diesel etc the upstr...

Buy Oil India; target of Rs 764: KRChoksey

3.38 pm | 13 Nov 2014 |  Source: Moneycontrol.com

KRChoksey is bullish on Oil India and has recommended buy rating on the stock with a target of Rs 764 in its November 13, 2014 research report....

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