Stocks to Watch Today: Zomato board is scheduled to meet on June 24 to consider a potential acquisition transaction.
Oil prices tumbled about 5 per cent to a three-week low on Friday, as investors feared that interest rate hikes from major central banks could slow the global economy and cut demand for energy.
The ministry has proposed that any candidate to be eligible for consideration should not be more than 60 years of age on the date of occurrence of vacancy
FM Sitharaman had allocated Rs 48,000 cr to PMAY (urban and rural) for FY23. The govt then extended the deadline for the rural by two more years, and may have to do the same for urban
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for is crude sales in July
For over five months now, Oil and Natural Gas Corporation (ONGC) has had no representative on the board of Hindustan Petroleum Corporation Ltd
Oil and Natural Gas Corporation (ONGC), citing possibility of crude oil fields in Buxar and Samastipur districts of Bihar, has applied for the petroleum exploration license before the state government
26 companies submit 106 bids in DSF - III for which the last date of submission was May 31
Pure equity funds, such as large-cap equity funds, have given returns of just 6.77 per cent in the past year
Many have done worse on profitability
If a windfall tax is imposed in India, it will not only be aimed at private companies like Reliance, but also at state-owned behemoths
Reversal in price trends, policy measures such as windfall tax by the government and fall in refining margins are among key downside risks
ONGC reported bumper profits in Q4 (when international prices soared to a near 14-year high of $139 per barrel) and record earnings in 2021-22, triggering talks of the govt slapping a windfall tax
Production declined every month for last 4-and-a-half years in core sector index; old fields among likely reasons
ONGC is without a regular chairman since March-end 2021.
Stocks to watch: Crude oil-related stocks will hog the limelight today as Brent crude has surged past $120/barrel-mark
ONGC's consolidated revenue from operations rose 37% to Rs 1.55 trillion in Q4FY22
The stock of the state-owned oil and gas exploration also under pressure after UK imposes 25 per cent energy windfall tax on oil and gas producers.
Shell seeks to sell 27.5% stake in Sakhalin-2 plant; Shell in talks with group of several Indian firms, say sources
ONGC said it also plans to leverage international collaborations with reputed global majors for this, for which talks are in an advanced stage.