May 29, 2015 at 12:16 | Source: Moneycontrol.com
JP Morgan is underweight on the stock with a price target of Rs 300 per share. It says that though ONGC did not bear any subsidies during the quarter, crude realisations were subdued with a weak commodity price environment.
May 29, 2015 at 09:52 | Source: PTI
CNG sales volume during the quarter grew by 4 percent and piped natural gas (PNG) sales volume decreased by 14 percent over the corresponding quarter in the last fiscal," the statement said, without giving actual sales numbers.
May 29, 2015 at 09:49 | Source: PTI
During full 2014-15 fiscal, the company's consolidated net profit increased 26.33 percent to Rs 254.75 crore as against Rs 201.64 crore in the year-ago period.
May 29, 2015 at 09:15 | Source: CNBC-TV18
In an interview with CNBC-TV18s Sonia Shenoy and Anuj Singhal, ONGC CMD DK Sarraf explained why the firms fourth quarter earnings released yesterday came in way below estimates.
May 28, 2015 at 20:07 | Source: PTI
According to HSBC, India's current account deficit is expected to narrow from 1.1 percent of GDP in 2014 to 0.6 percent in 2015 while retail inflation is likely to remain below 6 percent throughout this year.
May 27, 2015 at 13:50 | Source: Moneycontrol.com
Emkay Global Financial Services has recommended to buy Gujarat Industries Power Co. and Gujarat State Petronet (GSPL) for the target price of Rs 140 and Rs 151 respectively, in its research report dated May 25, 2015.
May 27, 2015 at 10:25 | Source: Reuters
That would put India on a different path to the United States, where the Federal Reserve is widely expected to begin tightening policy later this year. The RBI has taken the precaution of building up currency reserves in case markets turn volatile amid the impending divergence.
May 27, 2015 at 09:47 | Source: PTI
US benchmark West Texas Intermediate (WTI) for July delivery gained 32 cents to USD 58.35 while Brent crude for July gained 11 cents to USD 63.83 in late-morning trade. WTI fell USD 1.69 and Brent dipped USD 1.80 yesterday, as markets in the United States and much of Europe reopened after a public holiday on Monday.
May 27, 2015 at 08:01 | Source: CNBC
The US major indexes finished 1 percent lower each amid renewed strength in the US dollar and some upbeat data that could bolster the case for a quicker-than-expected rate hike. Wall Street reopened for its first trading day of the week after being closed for Monday's Memorial Day.
May 27, 2015 at 08:00 | Source: Reuters
All 10 major S&P 500 sectors were lower, with a drop in oil prices weighing on energy shares and transportation stocks. The S&P energy index .SPNY was down 1.6 percent, while the Dow Jones transportation average .DJT fell 1.6 percent and touched its lowest level since Oct. 23.