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210 Results Found
  • Petrol price hike: Is a partial rollback justified? May 25, 2012 10:18 PM IST

    Petrol price hike: Is a partial rollback justified?

    Oil minister Jaipal Reddy today spoke about the double whammy of a falling rupee and an increase in crude oil price but a closer look at the data reveals a different picture - one that has the potential to punch holes in the arguments in favour of a hike.

  • Petrol price hike to benefit OMCs, increase dieselisation May 25, 2012 11:59 AM IST

    Petrol price hike to benefit OMCs, increase dieselisation

    CRISIL Research has come out with its report on petrol price hike. As per the research firm price hike will benefit to OMCs.

  • RBI not ruling out dollar window for OMCs: D Subbarao May 24, 2012 04:53 PM IST

    RBI not ruling out dollar window for OMCs: D Subbarao

    In a bid to control the rupee's depreciation, RBI Governor D Subbarao today said that they haven‘t ruled out a separate dollar window for oil marketing companies.

  • Exit HPCL, BPCL, IOC on rally, says Baliga May 24, 2012 10:39 AM IST

    Exit HPCL, BPCL, IOC on rally, says Baliga

    Exit from oil marketing companies (OMC) on rally, says Ambareesh Baliga, COO, Way2Wealth.

  • ONGC's FY12 subsidy burden seen at Rs 45,000cr: Sources May 21, 2012 09:32 PM IST

    ONGC's FY12 subsidy burden seen at Rs 45,000cr: Sources

    In a CNBC-TV18 exclusive, sources say that upstream company ONGC‘s subsidy burden for the financial year 2012 will be around Rs 44,000-45,000 crore. Subsidy burden in FY12 stood at Rs 1,38,541 crore.

  • Falling rupee bleeds OMCs of Rs 9,200 cr every year May 18, 2012 08:32 PM IST

    Falling rupee bleeds OMCs of Rs 9,200 cr every year

    Oil marketing companies (OMCs) incur losses due to depreciation of rupee against dollar, minister of state for finance Namo Narain Meena said in a written reply in the Lok Sabha

  • CCI gives clean chit to oil cos on bio-diesel policy May 10, 2012 04:40 PM IST

    CCI gives clean chit to oil cos on bio-diesel policy

    The Competition Commission of India (CCI) has given a clean chit to state run oil marketing companies-Hindustan Petroleum, Bharat Petroleum and Indian Oil Corp for not forming any cartel while fixing bio-diesel prices

  • EXCLUSIVE: PSU oil cos seek govt nod to export jet fuel May 02, 2012 12:14 PM IST

    EXCLUSIVE: PSU oil cos seek govt nod to export jet fuel

    Worried of lower domestic demand in their profitable jet fuel business, state-run oil marketing companies (OMCs) have written to the petroleum ministry seeking permission to export aviation turbine fuel (ATF).

  • Petrol pump operators threaten strike on Apr 23 Apr 16, 2012 10:09 PM IST

    Petrol pump operators threaten strike on Apr 23

    Petrol pump operators today threatened to go on a one-day strike on April 23 demanding a hike in commission they get on fuel sales.

  • Avoid oil marketing companies: Dipan Mehta Mar 23, 2012 04:16 PM IST

    Avoid oil marketing companies: Dipan Mehta

    One can avoid oil marketing companies, says Dipan Mehta, Member, BSE and NSE.

  • Elections 2012: Should oil retailers expect diesel, petrol price hike? Mar 09, 2012 03:35 PM IST

    Elections 2012: Should oil retailers expect diesel, petrol price hike?

    The surge in the crude oil prices due to the geopolitical crisis in the Middle East has resulted in mounting under-recoveries during the current fiscal.

  • RIL has support at Rs 755: Manghnani Mar 09, 2012 11:12 AM IST

    RIL has support at Rs 755: Manghnani

    Reliance Industries (RIL) has support at Rs 755, says Anil Manghnani, Modern Shares & Stock Brokers.

  • Fuel price hike on hold till Holi Mar 06, 2012 09:21 PM IST

    Fuel price hike on hold till Holi

    The oil marketing companies will not be increasing petrol prices tonight, and perhaps will refrain from doing so till after Holi.

  • Nilesh Shah`s view on oil marketing companies Mar 03, 2012 12:53 PM IST

    Nilesh Shah`s view on oil marketing companies

    Nilesh Shah, Envision shares his view on oil marketing companies. He says there are some of the issues in OMCs and they don’t seem to be getting addressed in the short-term.

  • KYI: Here are stock tips to play the market right Feb 25, 2012 12:58 PM IST

    KYI: Here are stock tips to play the market right

    Is your money parked right to buffer the loss from market volatility? Sudip Bandyopadhyay, MD and CEO of Destimoney Securities answered queries that you wrote to us on our Facebook page.

  • Outlook on Indian Oil and Gas sector for 2012: Fitch Jan 20, 2012 01:42 PM IST

    Outlook on Indian Oil and Gas sector for 2012: Fitch

    Fitch Ratings has come out with its outlook on Indian Oil and Gas sector. The rating agency believes, the government will support OMCs to ensure they keep meeting their obligations in time.

  • Applying marketing margins a necessary move: SP Tulsian Jan 13, 2012 04:11 PM IST

    Applying marketing margins a necessary move: SP Tulsian

    SP Tulsian of sptulsian.com believes that the government’s move to levy marketing margins on oil marketing companies is a necessary move.

  • OMC`s under-recoveries at Rs 1.4 trillion: CRISIL Jan 12, 2012 03:04 PM IST

    OMC`s under-recoveries at Rs 1.4 trillion: CRISIL

    CRISIL Research has come out with its report on Oil Marketing Companies (OMC) recoveries. As per the research firm if the government additionally releases Rs 350-400 billion to the OMCs over the next three months, the aggregate gearing of the OMCs will still be high at close to 2 times by the end of March 2012.

  • BPCL preferred pick in OMCs: R K Global Jan 10, 2012 12:21 PM IST

    BPCL preferred pick in OMCs: R K Global

    R K Global has come out with its report on Oil Marketing Companies (OMCs). According to the research firm one can prefer BPCL.

  • A late party, but a rally nonetheless: Udayan Mukherjee Jan 03, 2012 09:12 PM IST

    A late party, but a rally nonetheless: Udayan Mukherjee

    The Nifty started with the 40 point gap up, but it was relentless the way the market kept going up, says Udayan Mukherjee, managing editor, CNBC-TV18.

  • Macros plaguing Indian market are improving, says PN Vijay Jan 03, 2012 10:00 AM IST

    Macros plaguing Indian market are improving, says PN Vijay

    Portfolio manager PN Vijay tells CNBC-TV18 that it's still early days but he looks forward to 2012 being markedly a better year for Indian equities, especially in the first half.

  • OMCs to hike ATF prices; aviation stocks react Dec 01, 2011 09:34 AM IST

    OMCs to hike ATF prices; aviation stocks react

    Oil Marketing Companies (OMCs) to hike aviation turbine fuel (ATF) prices by average Rs 2,417/kL from Thursday, reports CNBC-TV18.

  • Oil Ministry to not hike fuel prices in near-term: Sources Nov 18, 2011 05:23 PM IST

    Oil Ministry to not hike fuel prices in near-term: Sources

    Amidst all the gloom and doom, consumers get some good news as the fuel bill is unlikely to rise as of now. The Oil Ministry indicated that there will be no hike in fuel prices at least in the near future, reports CNBC-TV18’s Siddharth Zarabi.

  • OMCs cut petrol prices; HPCL, BPCL, IOC record fresh lows Nov 16, 2011 09:00 AM IST

    OMCs cut petrol prices; HPCL, BPCL, IOC record fresh lows

    Oil Marketing Companies were bleeding in red today. OMCs have cut petrol prices by Rs 2.22/litre in Delhi and by Rs 1.85/litre in rest of India. This is the first price cut by OMCs post deregulation, reports CNBC-TV18.

  • Nifty may get close to important 5000 level: Udayan Nov 16, 2011 08:10 AM IST

    Nifty may get close to important 5000 level: Udayan

    CNBC-TV18's managing editor Udayan Mukherjee tells investors not to expect any major change in the way the market moves today.

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