May 25, 2012 10:18 PM IST
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.
- May 25, 2012 11:59 AM IST
CRISIL Research has come out with its report on petrol price hike. As per the research firm price hike will benefit to OMCs.
- May 24, 2012 04:53 PM IST
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.
- May 24, 2012 10:39 AM IST
Exit from oil marketing companies (OMC) on rally, says Ambareesh Baliga, COO, Way2Wealth.
- May 21, 2012 09:32 PM IST
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.
- May 18, 2012 08:32 PM IST
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
- May 10, 2012 04:40 PM IST
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
- May 02, 2012 12:14 PM IST
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).
- Apr 16, 2012 10:09 PM IST
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.
- Mar 23, 2012 04:16 PM IST
One can avoid oil marketing companies, says Dipan Mehta, Member, BSE and NSE.
- Mar 09, 2012 03:35 PM IST
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.
- Mar 09, 2012 11:12 AM IST
Reliance Industries (RIL) has support at Rs 755, says Anil Manghnani, Modern Shares & Stock Brokers.
- Mar 06, 2012 09:21 PM IST
The oil marketing companies will not be increasing petrol prices tonight, and perhaps will refrain from doing so till after Holi.
- Mar 03, 2012 12:53 PM IST
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.
- Feb 25, 2012 12:58 PM IST
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.
- Jan 20, 2012 01:42 PM IST
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.
- Jan 13, 2012 04:11 PM IST
SP Tulsian of sptulsian.com believes that the government’s move to levy marketing margins on oil marketing companies is a necessary move.
- Jan 12, 2012 03:04 PM IST
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.
- Jan 10, 2012 12:21 PM IST
R K Global has come out with its report on Oil Marketing Companies (OMCs). According to the research firm one can prefer BPCL.
- Jan 03, 2012 09:12 PM IST
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.
- Jan 03, 2012 10:00 AM IST
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.
- Dec 01, 2011 09:34 AM IST
Oil Marketing Companies (OMCs) to hike aviation turbine fuel (ATF) prices by average Rs 2,417/kL from Thursday, reports CNBC-TV18.
- Nov 18, 2011 05:23 PM IST
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.
- Nov 16, 2011 09:00 AM IST
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.
- Nov 16, 2011 08:10 AM IST
CNBC-TV18's managing editor Udayan Mukherjee tells investors not to expect any major change in the way the market moves today.