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IOC to divest stake in ONGC, GAIL -- Over Rs 2,500-cr gain seen
INDIAN Oil Corporation (IOC) plans to divest its holdings in Oil and Natural Gas Corporation (ONGC) and Gas Authority of India (GAIL). If it is made at current market prices, the divestment will fetch IOC a profit of a little over Rs 2,500 crore, ...
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War fears weigh on rupee, stocks
THE rupee fell to an all-time low against the dollar even as the equity markets continued to remain in the grip of war fears for the eighth consecutive day on Thursday. Sellers outnumbered buyers driving the BSE Sensex further down by 61 points ...
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Bid for HPCL, BPCL -- Iffco-Kribhco combine ropes in Oman Oil
INDIAN Farmers Fertiliser Cooperative Ltd (Iffco) and Krishak Bharati Cooperative Ltd (Kribhco) have roped in Oman Oil Company (OOC) as a partner for their proposed joint bid to acquire either of the two oil refining majors - Hindustan ...
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UDV unit head bids for brands from own stable
LIQUOR industry veteran, Mr Deepak Roy, in his personal capacity has bid for the domestic whisky brands owned by UDV India Ltd. Such a bid is historic since for the first time in the domestic spirits industry an individual has bid in his own ...
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Sotas offers to plug telecom frauds
TELECOM operators in the country, both basic and cellular, could be losing up to five per cent of their revenues annually due to frauds leading to network leakages and billing inaccuracies. While the world over, telecom companies have woken up ...
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