Fri, May 10, 2024
BPCL bonus share news: BPCL has recommended the issuance of bonus shares in the ratio of 1:1, i.e., one new bonus equity share will be allotted for every one share held by the shareholder.
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Wed, Mar 27, 2024
The brokerage believes that OMCs will benefit from a discernible shift in the government's stance towards public sector undertakings (PSUs).
Wed, Mar 20, 2024
OMCs stocks: Crude oil prices are rising to a five-month high and the reflection of these changes may be seen on petrol/diesel prices in the near future. At the same time, OMCs remain cosant under pressure to generate profits since they have been refining along with marketing, are continuously focusing on expansion; and are giving dividends to their shareholders.
Tue, Oct 18, 2022
Oil marketing companies suffered huge losses this year due to non-increasing prices. How much loss to which OMC? Know full details from Varun Dubey.
Wed, Oct 12, 2022
Narendra Modi Government has approved a onetime grant of Rs 22000 cr to public sector oil marketing companies (OMCs), Anurag Thakur, Minister of Information and Broadcasting said in a media briefing on Wednesday
Mon, Oct 10, 2022
What will be the condition of OMCs in Q2? How will be the refining margin for OMCs? Know full details from Arman Nahar.
Tue, Apr 19, 2022
State-owned fuel retailers IOC, BPCL and HPCL may suffer marketing losses in January-March 2022 quarter for holding petrol and diesel prices despite a rise in cost but robust core refining margins and windfall inventory gains should mitigate the potential losses in near term, Fitch Ratings said Tuesday.
Sat, Jul 25, 2020
Oil marketing companies on Saturday raised diesel prices by 15 paisa/litre as OMCs revised pump prices.
Sun, Feb 03, 2019
OMC Recruitment 2019: Odisha Mining Corporation Ltd (OMC) has issued a recruitment notification for Dy. General Manager and other posts. The last date for submission of the application form is February 20, 2019.
Fri, May 11, 2018
State-owned oil marketing companies (OMCs) have taken a combined hit of over Rs 500 crore during April as price revisions for petrol and diesel have been put on hold ahead of elections, analysts estimate. During the previous month, the daily prices moved marginally despite a larger increase in international prices, and the revisions were altogether stopped on April 25. OMC, petrol, diesel, Hindustan Petroleum Corp Ltd, Indian Oil Corp, Bharat Petroleum Corp Ltd, Karnataka election, petrol price, dielsel price, ICICI Securities
Fri, Aug 04, 2017
State-run oil marketing companies (OMCs) have hiked commissions paid to fuel pump dealers by up to 43 per cent for petrol and by up to 59 per cent for diesel, effective from the start of this month, Indian Oil Corp (IOC) has announced.
Fri, Aug 12, 2016
BJP government introduced Pratyaksh Hastantrit Labh Yojana (PAHAL) scheme, for transfer of subsidy on LPG directly to the consumers linking their Aadhaar Number, Bank account and LPG Consumer ID.
Mon, Apr 25, 2016
Oil marketing companies have claimed subsidy on domestic LPG to the tune of Rs 1.1 lakh crore in the last three financial years, government said today.
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