marketing firms

Government may reduce subsidised LPG cylinders to rich


July 18th, 2012 - 10:13 pm ICT by IANS
Bangalore, July 18 (IANS) The central government is mulling reducing the subsidy on cooking gas by limiting supply of LPG cylinders to those who do not belong to the economically ... Read more...

Posted in Business |

Under huge financial strain: Oil marketing companies


June 3rd, 2012 - 9:12 pm ICT by IANS
New Delhi, June 3 (IANS) Three state-run oil marketing companies Sunday said they are under "huge financial strain" due to selling diesel, kerosene and cooking gas at subsidised rates and ... Read more...

Posted in Business |

States can reduce petrol VAT if Congress takes initiative: Dhumal


May 26th, 2012 - 10:02 pm ICT by IANS
Shimla, May 26 (IANS) Hinting at a reduction in petrol prices in the state, Himachal Pradesh Chief Minister Prem Kumar Dhumal Saturday said the Value Added Tax (VAT) on petrol ... Read more...

Posted in Politics |

Sheila Dikshit may consider reducing VAT on petrol


May 25th, 2012 - 3:59 pm ICT by IANS
New Delhi, May 25 (IANS) Hinting at a possible reduction in petrol prices in the national capital, Delhi Chief Minister Sheila Dikshit Friday said the Value Added Tax (VAT) on ... Read more...

Posted in Business |

Government to decide on diesel, LPG price hike Friday


May 24th, 2012 - 4:23 pm ICT by IANS
New Delhi, May 24 (IANS) An Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee will meet Friday to take a decision on raising prices of diesel ... Read more...

Posted in Business |

Oil marketing firms losing Rs.518 crore per day


May 1st, 2012 - 5:49 pm ICT by IANS
New Delhi, May 1 (IANS) Oil marketing companies are losing Rs.518 crore per day on sale of diesel, kerosene and domestic liquefied petroleum gas (LPG), government data showed Tuesday.Oil ... Read more...

Posted in Business |

Indian call centres selling Britons’ personal data: Report


March 18th, 2012 - 6:28 pm ICT by IANS
London, March 18 (IANS) Indian call centres are selling confidential personal data, including credit card details and medical records, of over 500,000 Britons, a media report said Sunday.Citing an undercover ... Read more...

Posted in World |

Rs.64,900 crore under-recovery in 15 days for oil marketing firms


November 16th, 2011 - 5:45 pm ICT by IANS
New Delhi, Nov 16 (IANS) The government-run oil marketing companies suffered a loss of Rs.64,900 crore as under-recoveries during the first 15 days of this month due to selling diesel, ... Read more...

Posted in Business |

PM hints at further fuel hike if international prices rise


November 12th, 2011 - 11:22 pm ICT by IANS
By Manish Chand On Board Air India One, Nov 12 (IANS) Prime Minister Manmohan Singh Saturday indicated that the fuel prices may have to be hiked again if international oil prices ... Read more...

Posted in World |

Forced to hike petrol prices, say government, oil firms


November 4th, 2011 - 8:55 pm ICT by IANS
New Delhi, Nov 4 (IANS) Criticised over another petrol hike amid high inflation, the government and oil firms Friday defended themselves saying the hike could not be avoided as ... Read more...

Posted in Uncategorized |

Fresh petrol price hike of Rs.1.80 per litre


November 3rd, 2011 - 11:35 pm ICT by IANS
New Delhi, Nov 3 (IANS) Oil marketing companies Thursday raised petrol prices by Rs.1.80 per litre effective from midnight, just over a month and a half since the last ... Read more...

Posted in Business |

‘Oil companies will decide on petrol price hike’


November 2nd, 2011 - 8:12 pm ICT by IANS
New Delhi, Nov 2 (IANS) The government said Wednesdayit was up to state-run oil marketing companies (OMCs) to decide on any petrol price hike, even as Petroleum Minister ... Read more...

Posted in Business |

Oil firms mulling another price hike


November 1st, 2011 - 7:38 pm ICT by IANS
New Delhi, Nov 1 (IANS) State-owned oil companies may hike fuel prices once again owing to a depreciating rupee and rise in global crude prices."We are at present losing Rs.1.50 ... Read more...

Posted in Business |

Vayalar tells states to cut tax on jet fuel


September 19th, 2011 - 4:57 pm ICT by IANS
Bangalore, Sep 19 (IANS) Union Civil Aviation Minister Vayalar Ravi Monday urged states across the country to waive extra sales tax on aviation turbine fuel to minimise the impact of ... Read more...

Posted in Business |

Ministerial meet to discuss LPG supply, price deferred


September 16th, 2011 - 8:59 pm ICT by IANS
New Delhi, Sep 16 (IANS) A ministerial meeting scheduled for Friday to consider limiting supply of and a hike in the price of cooking gas cylinders was deferred indefinitely ... Read more...

Posted in Business |

Jet fuel prices down, but no respite to passengers


May 16th, 2011 - 7:00 pm ICT by IANS
New Delhi, May 16 (IANS) Despite the state-owned Oil marketing companies (OMCs) cutting jet fuel price last week by 2.9 percent - after increasing it 14 successive times - ... Read more...

Posted in Business |

India to pay Iran for oil through German central bank


February 25th, 2011 - 9:11 pm ICT by IANS
New Delhi, Feb 25 (IANS) India is working out an arrangement through Deutsche Bundesbank (the German Central Bank) to pay Iran for crude oil purchases, an official statement said Friday. Finance ... Read more...

Posted in Business |

ONGC Q3 net profit doubles to Rs.7,083 crore


January 28th, 2011 - 7:58 pm ICT by IANS
Mumbai, Jan 28 (IANS) State-owned Oil and Natural Gas Corporation (ONGC) Friday reported a 5.87 percent rise in net profit for the third quarter ended Dec 31 at Rs.7,083 crore as against ... Read more...

Posted in Business |

RBI keen on finding solution to Iran payment crisis (Lead)


December 30th, 2010 - 11:10 pm ICT by IANS
Bangalore/New Delhi, Dec 30 (IANS) The Reserve Bank of India (RBI) Thursday favoured an early solution to the Iran payment crisis as it may affect Iranian crude imports to India."We have to ... Read more...

Posted in Business |

This time, mobile phone users hope for real relief from pesky calls


December 5th, 2010 - 2:47 pm ICT by IANS
By Priyanka Sahay New Delhi, Dec 5 (IANS) Dheeraj Kumar, a real esate broker here and frequent traveller, finally hopes he will be spared from the unwanted calls from tele-marketing firms and the ... Read more...

Posted in Business |

ONGC Q2 net profit rises 6 percent


October 28th, 2010 - 7:32 pm ICT by IANS
Mumbai, Oct 28 (IANS) State-owned Oil and Natural Gas Corporation (ONGC) Thursday reported a 5.87 percent rise in net profit for the second quarter ended Sep 30 at Rs.5,388.77 crore as against ... Read more...

Posted in Business |

Funds approved for phase two of unique identification number project


July 22nd, 2010 - 3:05 pm ICT by IANS
New Delhi, July 22 (IANS) The authority set up to collect data for the issue of tamper-proof biometric identity cards to each of India's 1.17 billion citizens has been granted Rs.3,023 ... Read more...

Posted in Business |

Government intervention if crude oil prices turn volatile: Deora


July 2nd, 2010 - 10:32 pm ICT by IANS
Bangalore, July 2 (IANS) The central government will step in to regulate the decontrolled price of petrol if crude oil rates turn highly volatile in the international markets, Petroleum and Natural Gas ... Read more...

Posted in Business |

OMCs to invest Rs.1,500 crore for LPG supply in Karnataka


July 2nd, 2010 - 8:12 pm ICT by IANS
Bangalore, July 2 (IANS) State-run oil marketing firms will invest Rs.1,500 crore in Karnataka to increase the coverage of cooking gas supply across the state, a top official said Friday. "As part ... Read more...

Posted in Business |

IOC’s Chennai-Bangalore petro products pipeline unveiled


July 2nd, 2010 - 6:29 pm ICT by IANS
Bangalore, July 2 (IANS) Karnataka Governor H.R. Bhardwaj Friday commissioned the Indian Oil Corporation's 290 km-long petroleum products pipeline from Chennai to Bangalore at Devanagonthi, about 25 km from this tech hub. The ... Read more...

Posted in Business |

Hike fuel prices, inflation will fall in six months: Advisor (Roundup)


June 14th, 2010 - 6:59 pm ICT by IANS
New Delhi, June 14 (IANS) On a day India's annual rate of inflation climbed to double-digit level, Chief Economic Advisor Kaushik Basu Monday said he favoured freeing the prices of petroleum ... Read more...

Posted in Business |

Children as young as 7 paid to plug junk food on Facebook


February 14th, 2010 - 4:35 pm ICT by ANI
London, Feb 14 (ANI): In a controversial form of stealth marketing, kids as young as seven are being paid to promote Fanta, Nintendo and other products to their Facebook friends.In some ... Read more...

Posted in Health Science |

Scientists unveil world’s first eco friendly robot made of cardboard


November 26th, 2009 - 1:07 pm ICT by ANI
London, November 26 (ANI): Japanese scientists have unveiled the world's first environmentally friendly robot, which is made out of cardboard.According to a report in The Sun, the green-machine, which is named "D+ropop", ... Read more...

Posted in Health Science |

Haryana tells oil firms to shift depots from residential areas


November 17th, 2009 - 4:28 pm ICT by IANS
Chandigarh, Nov 17 (IANS) Concerned over the devastation caused by the recent oil depot fire near Jaipur, the Haryana government has asked leading public sector oil companies to review and shift their ... Read more...

Posted in Business |

Finance firms lead recruitment in IIM-C summer placements


November 12th, 2009 - 12:09 am ICT by IANS
Kolkata, Nov 11 (IANS) As many as 61 Indian Institute of Management-Calcutta students got internship offers abroad with 43 percent landing up jobs in banks and equity firms, during summer placements conducted ... Read more...

Posted in Business |

France probes 17 charities over fraud allegations: Report


October 14th, 2009 - 3:43 pm ICT by IANS
Paris, Oct 14 (DPA) The Paris public prosecutor's office has opened a judicial inquiry into 17 charities, including several organisations raising funds to fight cancer, on suspicion of fraud and breach of ... Read more...

Posted in World |

Murli Deora to seek Cabinet approval for market-set fuel prices


May 29th, 2009 - 3:28 pm ICT by ANI
New Delhi, May 29 (ANI): Petroleum and Natural Gas Minister Murli Deora on Friday said he would seek Cabinet approval for oil price deregulation in six weeks."Decision regarding decontrol of prices is ... Read more...

Posted in Business |

Increased use of social networking sites threatens privacy


March 30th, 2009 - 8:27 pm ICT by ANI
London, Mar 30 (ANI): With more and more people drawing towards social networking sites, it has become very hard to maintain privacy, according to a new study.The researchers analysed links between ... Read more...

Posted in Life Style |

No immediate cut in diesel price: Deora


February 25th, 2009 - 8:47 pm ICT by IANS
New Delhi, Feb 25 (IANS) The government has no immediate plans to reduce diesel prices even though global oil prices are at record low levels, Petroleum Minister Murli Deora said here Wednesday. ... Read more...

Posted in Uncategorized |

Reliance wants end of state intervention in fuel prices


January 13th, 2009 - 3:22 pm ICT by IANS
New Delhi, Jan 13 (IANS) Reliance Industries Ltd (RIL) is keen to re-open its retail fuel stations but is waiting for the government to end its intervention in determining the sale price ... Read more...

Posted in Uncategorized |

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