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Home  Business

Business

Are OMCs shifting to alternate day fuel price revision mechanism?

Are OMCs shifting to alternate day fuel price revision mechanism?

  • Microsoft board wanted Bill Gates to resign amid alleged ‘affair’

    "Microsoft received a concern in the latter half of 2019 that Bill Gates sought to initiate an intimate relationship with a company employee in the year 2000," a Microsoft spokesperson said
  • Ratan Tata-backed Moglix becomes new unicorn from India

    The latest round of funding takes the total funds raised by Moglix to $220 million.
  • Rupee rises 5 paise to 73.24 against US dollar in early trade

    Most of the Asian currencies are trading weaker against the dollar
  • Sensex surges over 300 pts in early trade; Nifty tests 14,750

    The 30-share BSE index was trading 300.45 points or 0.62 per cent higher at 49,033.
  • FPIs pull out Rs 6,427 cr from Indian equities

    The subdued investor sentiments come on the back of the deepened Covid crisis in the country.
  • Max Speciality Films to invest Rs 50 cr in new CPP line

    Demand for CPP films has been robust and expanding the capacity will enable MSFL to cater to the growing market for such films.
  • India imports $6.2 billion gold in April

    The surge in gold imports pushed India's trade deficit to $15.1 billion in April 2021 as against $6.76 billion a year ago.
  • Granules India earmarks capex of Rs 1,000 cr

    The drug firm plans to invest about Rs 180 crore on a Multiple Units Pellet System (MUPS) block, around Rs 250 crore on expanding active pharmaceutical ingredients (API) capacity.
  • COVID-19 brings about behavioural change in cash usage

    Daily average transactions on IMPS have now gone up to Rs 9,000 which was earlier in the range of around Rs 6,000-7,000.
  • Mahindra & Mahindra announces Rs 1-lakh health insurance

    The company said it will insure a customers' loan under 'Mahindra Loan Suraksha' in case of loss of life.
  • Hester Biosciences in talks with Bharat Biotech for production of vaccine

    The discussions are currently ongoing with Bharat Biotech towards reviewing the infrastructure at Hester, the technology adaption process and the regulatory compliances.
  • Sales of AC hit by pandemic in peak season

    Consumer sentiment has been further hit amid reports that there may be a third wave of the pandemic.
  • Indian hotel industry takes Rs 1.3 lakh cr revenue hit

    The businesses are steadily closing and non-performing assets (NPAs) are rising, the FHRAI said in a statement.
  • Tractor sales to be hit as second Covid wave impacting rural areas

    The company, which has a joint venture with Japan's Kubota, is looking at around 55 per cent growth in exports in 2021-22.
  • SBI to sell three NPA accounts next month for recovery of over Rs 235 cr

    Heavy Metal has outstanding dues of Rs 116.91 crore to the bank, Khare and Tarkunde owes Rs 99.84 crore and Elize International Rs 18.57 crore.
  • Amazon helps sellers procure oxygen concentrators for customers in India

    The first batch of 1,000 oxygen concentrators have already landed in India, and are now available for purchase for consumers and business customers.
  • McDonald’s plans Rs 100 cr investment to open 30 outlets this fiscal

    "The intention is to open 20-30 McDonald's outlets in the current fiscal year. We will invest Rs 100 crore for opening these outlets," Westlife Development Vice-Chairman Amit Jatia
  • Greenko airlifts first consignment of large medical grade oxygen concentrators

    Its first of the five dedicated cargo planes landed in Hyderabad today at 10:40 AM with 200 large medical grade oxygen concentrators with 10 litres per minute capacity
  • Fuel prices hiked again; petrol price nears Rs 99 in Mumbai

    The increase led to rates in Delhi climbing to Rs 92.58 per litre and diesel to Rs 83.22, according to a price notification of state-owned fuel retailers.
  • SemaConnect bets big on India

    The company is launching a new charger for four wheelers- the Series 4, a smart charger designed with the Indian market in mind.
  • Prescrip eyes to onboard 4,000 doctors in Telangana and AP

    Founded in 2014, the company was initially into digitalisation of the prescriptions. It later added scheduling, collection of consultation fee and video consultations also using Whatsapp.
  • Cairn looks to seize Air India assets to recover $1.7 bn award due from Indian govt

    Cairn on May 14 filed a lawsuit in the US District Court for the Southern District of New York seeking declaration of Air India as the 'alter ego of Indian government' by virtue of control and as a state-owned company
  • Reliance brings back chatbot to assist investors on rights issue

    In a regulatory notice, Reliance said it had issued and allotted 42.26 crore partly paid-up equity shares of a face value of Rs 10 each for cash at a price of Rs 1,257 per rights equity share in May last year.
  • Jet Airways’ annual general meeting on June 8

    The meeting, scheduled to be held on June 8, will consider and adopt the company's audited standalone financial statements for the financial year ended March 31, 2020 together with the reports of auditors.
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