|
|
24 May 2012 | 09:32 AM
State run OMCs such as BPCL, IOC and HPCL traded with strong gains. BPCL was the top Nifty gainer.
|
|
|
23 May 2012 | 08:33 PM
Oil companies on Wednesday announced a petrol price hike of Rs 7.50 per litre. Here are 10 facts on the hike.
|
|
|
24 May 2012 | 08:06 AM
In the last hour of trading, news crossed that the leaders of France and Italy favored using region-wide bonds to support Europe's economy.
|
|
|
24 May 2012 | 07:57 AM
The company expects to save $3 billion to $3.5 billion annually from the job cuts and other austerity measures.
|
|
|
24 May 2012 | 08:14 AM
On Wednesday, stocks closed up $1, at $32, still down nearly 16 percent from the IPO price.
|
|
|
24 May 2012 | 07:59 AM
Oil has tumbled more than 15 percent this month and is at its lowest level since Oct. 21.
|
|
|
23 May 2012 | 08:51 PM
The findings are interesting as they come at a time when India as well as the public has been for long painting the entire political class "corrupt".
|
|
|
24 May 2012 | 10:13 AM
HDFC's board has passed a resolution on May 18 approving the increase in the limit on shareholding by FIIs from 74% to 100% of the paid-up equity share capital.
|
|
|
24 May 2012 | 10:05 AM
Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking company's weakened growth forecasts ahead of its $16 billion initial public offering.
|
|
|
24 May 2012 | 09:49 AM
BPCL gained 3 per cent, HPCL added 2.3 per cent, while IOC advanced 2.7 per cent.
|
|
|
24 May 2012 | 09:12 AM
The deep retracement indicates the downtrend is strong and pullbacks, if any, will be short lived.
|
|
|
24 May 2012 | 09:05 AM
The rupee is in a free fall. The Indian currency crossed the key level of Rs 56 to US dollar.
|
|
|
24 May 2012 | 08:44 AM
Asian markets traded with modest gains. Petrol price hike may support the rupee and OMCs may gain.
|
|
|
24 May 2012 | 08:22 AM
|
|
|
23 May 2012 | 09:04 PM
Since petrol is not subsidised as part of the budget, the benefit of higher prices will mainly go to the country's big three state refiners, say experts.
|
|
|
23 May 2012 | 09:01 PM
The chamber said the inflationary impact of such an increase is once for all and therefore transitory.
|
|
|
23 May 2012 | 08:47 PM
Oil marketing companies have raised petrol prices by Rs6.28 a litre, excluding sales/value-added tax.
|
|
|
23 May 2012 | 08:35 PM
This will result in inventory pile up of petrol vehicles as more and more consumers will opt for diesel vehicles.
|
|
|
23 May 2012 | 08:05 PM
In view of the impact of the declining value of the rupee, oil marketing companies on Wednesday hiked petrol prices by Rs 6.28 a litre, exclusive of sales and value-added tax. The price hike will have an immediate impact on prices but will not have knock-on impact on prices, said Planning Commission member Abhijit Sen.
|
|
|
23 May 2012 | 07:29 PM
Here's how petrol prices have moved over the years.
|