Jan 17, 2013 11:10 AM IST
Harsha Upadhyaya, Head of Equities at Kotak Mutual Fund believes the demand scenario in the IT sector is yet to improve. As a result, he continues to remain underweight on IT.
- Jan 17, 2013 10:46 AM IST
Oil marketing companies rallied on Thursday as the cabinet may take up the issue of fuel price recaliberation at its meeting today.
- Jan 10, 2013 02:43 PM IST
One can book profits and move out of oil marketing companies (OMC) like Bharat Petroleum Corporation (BPCL) and Oil and Natural Gas Corporation (ONGC), says Shardul Kulkarni of Angel Broking.
- Jan 10, 2013 09:10 AM IST
BPCL, CMD, RK Singh explained in an interview on CNBC-TV18, that the proposal to deregulate bulk diesel sales will save the government Rs 2,300 crore
- Jan 08, 2013 02:40 PM IST
Steel Authority of India (SAIL) is having potential to hit target price of Rs 104-105, so one can buy this scrip, says Rahul Mohindar, Director, viratechindia.com.
- Jan 07, 2013 09:56 AM IST
Saurabh Mukherjea, head of equities, Ambit Capital explains, in an analysis of the market on CNBC-TV18, that he does not foresee any possibility of an aggressive hike in diesel prices and expects the government to opt for modest hikes.
- Dec 06, 2012 04:54 PM IST
With petrol pumps mushrooming all over the country, the government has barred oil PSUs from setting up new outlets at their investment.
- Sep 14, 2012 01:56 PM IST
Shares in Indian oil marketing companies and refiners erase earlier sharp gains and turn negative as the spike in crude prices post-QE3 is seen offsetting the positive impact of the government's diesel price hike.
- Sep 10, 2012 10:32 AM IST
RS Sharma, Former Chairman of ONGC tells CNBC-TV18, fuel price under recovery situation is extremely worrisome. According to him, over the past couple of years things are getting worse and he calls for a proper mechanism to tackle such issues.
- Sep 07, 2012 09:34 AM IST
According to Oil Ministry sources oil marketing companies (OMCs) may allow to announce Rs 5 per litre petrol hike in 24-48 hours, reports CNBC-TV18.
- Sep 04, 2012 09:35 AM IST
As demand for the fuel that powers Indian economy soars, government trips on subsidy bill and oil firms reel under losses
- Aug 24, 2012 05:00 PM IST
ICRA Research Service has come out with its report on "Indian oil & gas sector- refining & marketing". According to the research firm, the credit metrics of standalone refineries or special purpose vehicles are expected to remain subdued in the short-to-medium term in line with the sluggish outlook on refining margins.
- Aug 21, 2012 05:07 PM IST
Alarmed by the record losses reported by oil marketing majors, ratings agency Crisil today said there is an urgent need to increase prices of regulated diesel, kerosene and cooking gas, which will also help government finances.
- Jul 24, 2012 04:44 PM IST
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com says the market is eagerly awaiting some concrete moves from the government at least before the monsoon session of Parliament begins on August 8.
- Jul 13, 2012 08:36 AM IST
According to Sudarshan Sukhani of s2analytics.com, the market has decided the direction that it wants to move in, and that is downwards.
- Jun 29, 2012 09:01 AM IST
RK Singh, chairman, BPCL says in rupee terms, oil prices are still high. "We have cut prices only to the extent which is sustainable," he says.
- Jun 28, 2012 07:25 PM IST
The Indian Oil Corporation today announced a cut in petrol prices by Rs 2.46 per litre, with effect from midnight tonight.
- Jun 26, 2012 01:45 PM IST
According to Rohit Ahuja, lead analyst of oil and gas at ICICI Securities, stocks of oil marketing companies have priced in the recent slump in crude prices.
- Jun 25, 2012 11:00 AM IST
The chairman and managing director of BPCL RK Singh tells CNBC-TV18 that they have sought permission from the Reserve Bank of India to source all their dollar requirement from one public sector bank.
- Jun 22, 2012 12:01 PM IST
Jal Irani, managing director of oil & gas research at Macquarie Group, tells CNBC-TV18 that the rally in OMCs is likely to continue as crude prices continue to fall.
- Jun 22, 2012 09:44 AM IST
Anil Manghnani of Modern Shares & Stock Brokers feels it was no surprise that the S&P fell last night as he had been mentioning 1,363 as a key level. On the positive side, at least the screen in India is suggesting bullishness.
- Jun 18, 2012 10:15 PM IST
Making a case for increasing prices of petroleum products, the Reserve Bank today said price adjustment was needed to curb demand of fossil fuel.
- Jun 15, 2012 07:36 PM IST
Belying expectations, petrol prices will not be cut today despite there being a scope for reducing the rates by up to Rs 1.60 a litre.
- Jun 14, 2012 08:36 AM IST
Yesterday was a choppy session for the Indian market. Sudarshan Sukhani, s2analytics.com says, the short-term uptrend is intact. "After a big upmove, the market is now consolidating. If we simply consolidate at current levels then any breakout would give us a very big upmove," he adds.
- Jun 05, 2012 09:53 AM IST
two big events took place after after the FY12 numbers were declared that were to work favourably for the oil marketing companies. First, May Brent crude corrected a sharp 8% to USD111/bbl. Second, OMCs hiked petrol prices by Rs 6.28/litre (excluding taxes) on May 23.