RIL Announces O2C Biz Spin-Off into 100% Subsidiary
Reliance Industries Limited (RIL) said on February 23 that it is carving out its Oil-to-Chemicals (O2C) business into an independent subsidiary. RIL said it will retain...
Search Results for: Crude Oil
OPEC+ to Increase Production by 5 Lac Barrels from January
The OPEC+ group, which includes the Organization of the Petroleum Exporting Countries (OPEC), Russia, and other allies on late Thursday has decided to increase the crude oil...
HPCL Rallied 6% on Approval of Share Buyback Plan
Shares of Hindustan Petroleum Corporation (HPCL) jumped 6 per cent in Thursday’s early trade after the company’s board approved Rs 2,500 crore share buyback plan as its...
Kotak Institutional Equities Upgrades InterGlobe Aviation to ‘Buy’
Kotak Institutional has upgraded to ‘buy’ from ‘sell’ in Indigo airlines’ parent company InterGlobe Aviation. It expects pressures on cost and yields to fade for...
MCX Plans More Index Futures
Today, Multi Commodity Exchange, nation’s biggest venue for commodities, has begun cash-settled bullion index futures and now, plans to offer a similar service for base...
Saudi Aramco’s Q2 Profit Plunges 73%
Saudi state oil group Aramco’s profit plunged 73 per cent in the second quarter of the year, as a slump in energy demand and prices due...
ONGC to Raise Rs 5K Cr via Non-Convertible Debentures
ICRA Ratings has appointed AAA stable rating to Oil and Natural Gas Corporation Ltd’s (ONGC’s) Rs 5000 crore Non-Convertible Debentures (NCDs) because of ONGC’s position with large...
Petrol, Diesel Price Highest in More Than a Year After Today
Even as crude oil rates have softened to multi-year lows, the price of both petrol and diesel have touched to record high levels. Following nine days of...
Rupee Gains By 30 Paise To Touch 75.61 Mark Against Dollar
The rupee strengthened by as much as 30 paise – or 0.40 per cent – to 75.61 against the US dollar on Tuesday amid a...
ABB Power Grids Wins Rs 165 Cr Order from IOCL
ABB Power Grids said that it has bagged Rs 165 crore order from state-run refiner Indian Oil Corporation. ‘ABB Power Grids in India has...