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HPCL begins supply of IMO-compliant marine fuel
Vessels that use higher-sulphur fuel oil must have special pollution control systems in place to reduce sulphur emissions.Hindustan Petroleum Corp Ltd (HPCL) on Friday said it has commenced delivery of fuel for ships that are compliant…
Petrol, diesel prices up for 4th straight day as US strike roils oil market
Oil markets will reopen on Monday after the weekend break.Petrol and diesel prices rose for the fourth straight day on Sunday as global oil prices jumped after the US killed a top Iranian general, fanning fresh fears of conflict in the…
Discoms’ outstanding dues to power gencos rise 45 per cent to Rs 81,085 crore in November
Power producers give 60 days to discoms for paying bills for the supply of electricity.Power producers’ total outstanding dues owed by distribution companies increased around 45 per cent to Rs 81,085 crore in November 2019 over the same…
FPIs pull out Rs 2,418 crore in first three trading sessions of 2020
Barring January, July and August, FPIs were net buyers for rest of the months in the year gone by.Foreign portfolio investors (FPIs) began the year with profit booking as they withdrew a net sum of Rs 2,418 crore from the Indian capital…
BSNL has identified properties worth over Rs 20,000 crore for monetisation: CMD PK Purwar
MTNL has reported losses in nine of the past 10 years and BSNL too has been in the red since 2010.State-owned Bharat Sanchar Nigam Ltd has submitted details of 14 properties worth Rs 20,160 crore to the Department of Investment and…
Sebi continues with pro-employee measures, plans holiday home tie-up
The regulator said that the properties should be available throughout the year for the employees of Sebi.Continuing with its pro-employee initiatives, Sebi plans to rope in an agency to provide holiday home facility to the markets…
India Inc’s overseas borrowing up 6.5% to $2.12 billion in November 2019
Domestic companies had borrowed over USD 1.99 billion in November 2018 from foreign sources.Overall borrowings by India Inc from overseas markets grew 6.5 per cent to USD 2.12 billion in November 2019, the Reserve Bank data…
Baghdad Attack Impact: Oil prices jump $1 after US air strike kills Iran, Iraq military personnel
Brent crude futures were at $ 67.48 a barrel, up $ 1.23, or 1.86%, by 0202 GMT, and West Texas Intermediate (WTI) crude futures rose $ 1.03, or 1.68%, to $ 62.21 a barrel.Oil prices jumped more than $1 on Friday after a U.S. air strike…
Telecom industry sees expansion after 10 weak months! Benefit of Jio’s IUC plan for Bharti and VIL…
RJio has added 9.1 m gross subscribers (active subscriber addition stood at 14.3 m – 31% market share).The Telecom Regulatory Authority of India has released subscriber data for Oct’19. Key insights highlighted below:* After 10 months of…