Wed, 10 Mar 2010 18:55:24 GMT
More losses for oil companies as price rise option closes (Business Standard India)
Even before the start of the new financial year, the spectre of rising losses during 2010-11 has begun to haunt the three state-controlled oil marketing companies that account for over 90 per cent of the country’s retail petroleum products market. | Fri, 05 Mar 2010 19:10:14 GMT
State-owned OMCs expect lower internal resources (Business Standard India)
Delayed compensation and continued underrecoveries have prompted public sector oil marketing companies (OMCs) — Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) — to budget for a lower internal resource generation in 2010-11. | Tue, 09 Mar 2010 19:02:10 GMT
The Hindu Business Line : No Indian petrol for Iran since May; Govt denies US pressure (The Hindu)
India has not supplied gasoline (petrol) to Iran since May 2009. This information was given by the Minister of State for Petroleum and Natural Gas, Mr Jitin Prasada, to the Rajya Sabha on Tuesday. | Fri, 05 Mar 2010 14:10:05 GMT
Several trade unions come together to protest hike in prices (Calcutta News)
Activists and supporters of various trade unions converged in the national capital to protest against soaring prices and even volunteered for Jail Bhaaro Andolan (court arrest) on Friday. | Wed, 03 Mar 2010 18:44:20 GMT
CORPORATE (The Hindu)
OUTLOOK: LyondellBasell rejection lifts Reliance Industries Improved refining margin also drives stock. Reliance Industries continued its upward journey and closed at Rs 1,021.95, up 3.9 per cent, after touching its weekly high at ... | Mon, 01 Mar 2010 06:06:51 GMT
India Manufacturing Output Gains Most in 1 1/2 Years (Update1) (Bloomberg)
March 1 (Bloomberg) -- India’s manufacturing output climbed the most in 1 1/2 years in February, vindicating Finance Minister Pranab Mukherjee’s decision to raise taxes to prevent excessive demand from fueling inflation. | Sun, 28 Feb 2010 18:42:35 GMT
Arbitration tribunal cannot award interest on interest (Business Standard India)
The Supreme Court has ruled that an arbitral tribunal has no power to direct payment of compound interest or interest on interest on the award amount from the date of the award to the date of payment. |
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