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210 Results Found
  • Ad hoc nature of subsidies should be eliminated: RS Sharma May 13, 2011 11:15 AM IST

    Ad hoc nature of subsidies should be eliminated: RS Sharma

    The government has closed its oil subsidy account for fiscal year 2011 by giving state-owned oil marketing companies an additional subsidy of Rs 20,000 crore.

  • OMCs on a sticky wicket right now, says Udayan May 13, 2011 10:19 AM IST

    OMCs on a sticky wicket right now, says Udayan

    For FY11-12, the OMCs have got Rs 20,000 crore extra or additional cash subsidy from the government. With this subsidy, the OMCs will be able to make up for their revenue losses which they suffered while selling the fuel products below market price.

  • Air India joins the league of 'defaulters' in clearing dues May 12, 2011 06:39 PM IST

    Air India joins the league of 'defaulters' in clearing dues

    Kingfisher Airlines and Air India seem to be in for more trouble after the companies have been slammed as the biggest defaulters in terms of payments to Airports Authority of India and oil marketing companies (OMCs), reports CNBC-TV18’s Swati Khandelwal Jain quoting sources.

  • EGoM may meet on May 11 to discuss fuel price hike May 04, 2011 01:47 PM IST

    EGoM may meet on May 11 to discuss fuel price hike

    The Empowered Group of Ministers' (EGoM) meet on fuel prices is confirmed for May 11. CNBC-TV18's Nayantara Rai reports with more details on this done deal where the price could be hiked.

  • ICICI Securities cautious on oil marketing companies Apr 11, 2011 12:02 PM IST

    ICICI Securities cautious on oil marketing companies

    Anantha Narayan, Co-Head Equities at ICICI Securities is continue to be cautious on the oil marketing companies.

  • OMCs slip as crude surges above $ 105/bbl Mar 07, 2011 09:37 AM IST

    OMCs slip as crude surges above $ 105/bbl

    The Oil Marketing Companies (OMCs) have slipped today as crude oil prices surged to new two-year highs above USD 105 per barrel. At 09:32 hrs Hindustan Petroleum Corporation (HPCL) was quoting at Rs 319.95, down Rs 9.30, or 2.82%.

  • Low subsidy to impact oil marketing cos results: RS Sharma Feb 28, 2011 03:28 PM IST

    Low subsidy to impact oil marketing cos results: RS Sharma

    RS Sharma, Former Chairman of ONGC, in an interview with CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.

  • Indian economy likely to grow at 8%: RBS Asia Securities Feb 25, 2011 10:59 AM IST

    Indian economy likely to grow at 8%: RBS Asia Securities

    RBS Asia Securities is expecting a low gross domestic product (GDP) than the street expectations. Parul Saini, ED, RBS Asia Securities Singapore says that Indian economy is expecting a growth of 8%.

  • Not a good time to invest in OMCs: Fairwealth Sec Feb 22, 2011 02:22 PM IST

    Not a good time to invest in OMCs: Fairwealth Sec

    According to Sharmila Joshi, Fairwealth Securities, the crude is going up and it is certainly not the best time for oil marketing companies.

  • Ignore oil marketing companies: Baliga Feb 01, 2011 09:56 AM IST

    Ignore oil marketing companies: Baliga

    Ignore oil marketing companies, says Ambareesh Baliga of Karvy Stock Broking.

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