A consortium of eight public sector banks held 34.56 per cent stake in Petronet MHB Ltd, where ONGC and HPCL held 32.72 per cent apiece
HMEL's credit metrics were also impacted by its ongoing expansion into petrochemicals
IOC and BPCL to also gain from lower working capital requirement and firm marketing margins, but weak GRMs may limit the upside
HPCL had a foreign exchange gain of Rs 82 crore in the December quarter as compared to a forex gain of Rs 557 crore a year back
Tata Projects will be executing a 2G Bio Ethanol Project for BPCL in Odisha
Fitch affirmed HPCL's rating 'BBB-' with stable outlook, in line with the credit profile of its largest shareholder Oil and Natural Gas Corp Ltd
The MoU covers collaboration for planning, development and installation of charging facilities at suitable locations for two, three, and four-wheeler vehicles
A higher diesel spread means refiners will see better GRMs as compared to the benchmark
From Insolvency and Bankruptcy Code (IBC) amendment to India's coal power usage, here are the top 10 business headlines of the day
Distributors say consumers reluctant to accept cylinders not booked by them
Currently, 95 per cent of retail petrol and diesel sales and near 100 per cent of cooking gas (LPG) and kerosene sales are controlled by the public sector units.
The government has set a 50-day timeline for asset valuation to happen in BPCL, as it wants to complete the process before March 31, 2020
The gap is expected to be met by non-sugarcane sources like wheat and corn
Essar Steel, Adani Group and state-owned GAIL have bought majority of natural gas from Reliance Industries' newer fields in the KG-D6 block at an indicative price of $5.04 - 5.16 per unit, industry so
Here is a list of top three trading ideas and strategies from Devang Shah of Sharekhan for the coming week
With this, new players in the fuel-marketing space like Total, Adani, and Saudi Aramco -- and even super markets -- can open outlets for selling automobile fuel.
The grant of Maharatna status to the PSUs will impart enhanced powers to their Boards to take financial decisions.
Supply side worries, which came all of a sudden, have subsided.
New asset-based valuation method indicates strong upside for OMCs
Fire tenders have been rushed from nearby police station areas to douse the flames