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Go long in HDIL, IOC, HPCL: Aashish Tater
May 23, 2013 at 14:12 | Source: CNBC-TV18
Aashish Tater of FortuneWizard.com is bullish on Indian Hotels, HDIL, IOC and HPCL.
EPP would impact GRMs by $2.80/bbl: IOC
May 23, 2013 at 10:54 | Source: CNBC-TV18
In order to bring down the deficit by nearly Rs 15,000 crore, the finance ministry yesterday decided to change the pricing policy for petrol and diesel from "trade parity" to "export parity". The move is likely to reduce the selling price of fuels and impact the profitability of the already ailing PSU oil marketing companies.
Bull's Eye: Buy IOC, SPARC; sell India Cement, HDIL
May 23, 2013 at 09:21 | Source: CNBC-TV18
Aashish Tater of FortuneWizard.com advised going long in Indian Hotels and HPCL. Meanwhile, Lancelot D Cunha of ITI Wealth Management recommended selling HDIL and buying United Spirits.
FinMin asks rich PSUs to buy its equity in other govt cos
May 22, 2013 at 18:51 | Source: PTI
Finance Ministry has asked PSUs regarding capex plans. It has informed them that if they do not have sufficient plans then they should buyback government share or pay higher dividend.
BPCL, IOC seek gasoline after long absence
May 22, 2013 at 16:14 | Source: Reuters
HPCL is aiming to restart the unit by the last week of June, which is expected to create a domestic oil product shortfall in the interim, traders said.
IOC achieves breakthrough in use of non-edible oil
May 20, 2013 at 20:56 | Source: PTI
State-owned Indian Oil Corp (IOC) on Monday said it has developed technology that will help advance the use of non-edible oil extracted from plants like jatropha (bio-diesel) in auto fuels.

Videos »
Go long in HDIL, IOC, HPCL: Aashish Tater
EPP would impact GRMs by $2.80/bbl: IOC
Bull's Eye: Buy IOC, SPARC; sell India Cement, HDIL
SP Tulsian bearish on oil marketing companies
Govt to kick-start divestment in June; NHPC, IOC in line
more »

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News across the web »
Export-parity pricing disastrous for refiners
The three crude oil refining and marketing companies might see their gross refining margins (GRMs), which determine their profitability, getting completely wiped off if export-parity pricing (EPP) is...
May 23, 2013 at 10:36 | Source: DNA India
FinMin agrees to pay pending oil subsidy bill of Rs 40K crore
The finance ministry has agreed to pay Rs 40,000 crore of pending subsidy bill to the public sector oil marketing companies for the last fiscal but has extracted an assurance that the pricing of oil ...
May 23, 2013 at 10:12 | Source: Financial Express
Parikh view to guide fuel subsidy formula
New Delhi, May 22: The government will seek the views of the Kirit Parikh panel before deciding the formula for subsidy to state-owned oil firms. A truce was called between the oil and finance minist...
May 23, 2013 at 06:12 | Source: Calcutta Telegraph News
FinMin agrees to Rs 1 lakh cr diesel, LPG subsidy; wants change in pricing formula
New Delhi, May 22: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012—13 but wants pricing formula to be changed from current ye...
May 23, 2013 at 06:12 | Source: The Hindu BusinessLine
Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13
NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down ...
May 23, 2013 at 04:51 | Source: Economic Times
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Interact & exchange stock tips & market info »

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