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210 Results Found
  • See 75bps cut ahead; banks to outperform in FY14: Kotak MF Jan 17, 2013 11:10 AM IST

    See 75bps cut ahead; banks to outperform in FY14: Kotak MF

    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.

  • BPCL, IOC rally ahead of CCEA meet for fuel price revision Jan 17, 2013 10:46 AM IST

    BPCL, IOC rally ahead of CCEA meet for fuel price revision

    Oil marketing companies rallied on Thursday as the cabinet may take up the issue of fuel price recaliberation at its meeting today.

  • Book profits in BPCL, ONGC, says Kulkarni Jan 10, 2013 02:43 PM IST

    Book profits in BPCL, ONGC, says Kulkarni

    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.

  • Diesel sales deregulation to save govt Rs 2,300cr: BPCL Jan 10, 2013 09:10 AM IST

    Diesel sales deregulation to save govt Rs 2,300cr: BPCL

    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

  • Expect another 8-9% rally in SAIL; target Rs 105: Mohindar Jan 08, 2013 02:40 PM IST

    Expect another 8-9% rally in SAIL; target Rs 105: Mohindar

    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.

  • Diesel hike to be modest; 50 bps cut on cards: Ambit Jan 07, 2013 09:56 AM IST

    Diesel hike to be modest; 50 bps cut on cards: Ambit

    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.

  • Govt bars oil PSUs from setting up self-funded petrol pumps Dec 06, 2012 04:54 PM IST

    Govt bars oil PSUs from setting up self-funded petrol pumps

    With petrol pumps mushrooming all over the country, the government has barred oil PSUs from setting up new outlets at their investment.

  • OMCs, refiners erase gains; re-thinking diesel hike Sep 14, 2012 01:56 PM IST

    OMCs, refiners erase gains; re-thinking diesel hike

    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.

  • OMCs in trouble; govt must act on price hike soon: Sharma Sep 10, 2012 10:32 AM IST

    OMCs in trouble; govt must act on price hike soon: Sharma

    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.

  • OMC's gain on likely petrol price hike Sep 07, 2012 09:34 AM IST

    OMC's gain on likely petrol price hike

    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.

  • Oil Companies Continue to Take Hits on Diesel Subsidies Sep 04, 2012 09:35 AM IST

    Oil Companies Continue to Take Hits on Diesel Subsidies

    As demand for the fuel that powers Indian economy soars, government trips on subsidy bill and oil firms reel under losses

  • Challenging times ahead for oil marketing companies: ICRA Aug 24, 2012 05:00 PM IST

    Challenging times ahead for oil marketing companies: ICRA

    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.

  • Hike prices to save oil cos, says Crisil Aug 21, 2012 05:07 PM IST

    Hike prices to save oil cos, says Crisil

    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.

  • Post earnings, Tulsian analyses LIC Housing, Ashok Leyland Jul 24, 2012 04:44 PM IST

    Post earnings, Tulsian analyses LIC Housing, Ashok Leyland

    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.

  • Nifty to slide to 5100 under selling pressure: Sukhani Jul 13, 2012 08:36 AM IST

    Nifty to slide to 5100 under selling pressure: Sukhani

    According to Sudarshan Sukhani of s2analytics.com, the market has decided the direction that it wants to move in, and that is downwards.

  • Oil prices volatile; stability vital before more cuts: BPCL Jun 29, 2012 09:01 AM IST

    Oil prices volatile; stability vital before more cuts: BPCL

    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.

  • OMCs cut petrol prices by Rs 2.46/l with effect midnight Jun 28, 2012 07:25 PM IST

    OMCs cut petrol prices by Rs 2.46/l with effect midnight

    The Indian Oil Corporation today announced a cut in petrol prices by Rs 2.46 per litre, with effect from midnight tonight.

  • Crude price slump captured in oil PSU stocks: ICICI Sec Jun 26, 2012 01:45 PM IST

    Crude price slump captured in oil PSU stocks: ICICI Sec

    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.

  • BPCL seeks RBI nod to source 100% $ requirement from 1 PSB Jun 25, 2012 11:00 AM IST

    BPCL seeks RBI nod to source 100% $ requirement from 1 PSB

    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.

  • Rally in OMCs to continue; BPCL top pick: Macquarie Group Jun 22, 2012 12:01 PM IST

    Rally in OMCs to continue; BPCL top pick: Macquarie Group

    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.

  • Market rally with weak Re likely to favour bulls: Manghnani Jun 22, 2012 09:44 AM IST

    Market rally with weak Re likely to favour bulls: Manghnani

    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.

  • Fuel price adjustment needed to curb demand: RBI Jun 18, 2012 10:15 PM IST

    Fuel price adjustment needed to curb demand: RBI

    Making a case for increasing prices of petroleum products, the Reserve Bank today said price adjustment was needed to curb demand of fossil fuel.

  • OMCs not to cut petrol prices today Jun 15, 2012 07:36 PM IST

    OMCs not to cut petrol prices today

    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.

  • Short-term uptrend is intact: Sudarshan Sukhani Jun 14, 2012 08:36 AM IST

    Short-term uptrend is intact: Sudarshan Sukhani

    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.

  • Can IOC, HPCL, BPCL cash in on twin benefits of May? Jun 05, 2012 09:53 AM IST

    Can IOC, HPCL, BPCL cash in on twin benefits of May?

    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.

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