Search result for 'omc'

Rupee Rises 25 Paise, Best Monthly Gain in 6 Years

March 28, 2025 16:09

The Indian Rupee strengthened against the US Dollar, closing at 85.49, marking its best monthly gain in over six years, driven by foreign fund inflows.

Rupee Falls 8 Paise to 85.77 vs US Dollar

March 27, 2025 15:56

The Indian rupee weakened by 8 paise to close at 85.77 against the US dollar on Thursday, driven by month-end dollar demand from importers and the greenback's recovery. However, positive domestic...

Ethanol Blending in Petrol Reaches 19.68% in Feb: Govt

March 19, 2025 19:23

India's ethanol blending with petrol reached a record 19.68% in February, driven by government policies and increased production from sugarcane and grain sources.

Sugar Industry White Paper: ChiniMandi Urges Govt Action

March 18, 2025 16:56

ChiniMandi, a sugar industry think tank, has submitted a white paper to the government, calling for urgent action to address issues such as aligning MSP with FRP and improving ethanol prices.

Crude Oil Plunge Fuels OMC Stocks: Sensex Rises

March 6, 2025 11:58

Crude oil prices hit a 6-month low, boosting Oil Marketing Companies (OMCs) and other oil-dependent sectors. The Sensex rose on positive sentiment, driven by lower oil prices and a stronger Chinese...

Oil Retailers Select PACS for Petrol Outlets - Amit Shah

February 11, 2025 17:46

Cooperation Minister Amit Shah announced that 26 PACS have been chosen to set up retail petrol and diesel outlets, with the government allowing PACS to operate retail fuel stations and LPG...

Oil PSUs Double CSR Spending: Puri

February 10, 2025 20:55

Indian oil PSUs have spent 4% of their profits on CSR, exceeding the 2% norm, says Oil Minister Hardeep Singh Puri. Learn about CSR spending by OMCs and challenges they face.

Ethanol Price Hike: Govt Raises C Heavy Molasses Ethanol Price

January 29, 2025 15:25

India's government has raised the ex-mill price of ethanol produced from C heavy molasses by Rs 1.69 per litre for the 2024-25 period. The decision aims to boost ethanol production and accelerate...

Honda Targets No. 1 Spot in India Two-Wheeler Market | EVs Key

January 28, 2025 18:01

Honda aims to become the top two-wheeler player in India, leveraging EVs, scooters & motorcycles. The company is expanding its network and production to capture the growing electric market.

Rupee Weakest in Southeast Asia: Moody's

January 23, 2025 17:44

Moody's reports Indian rupee among weakest in Southeast Asia, depreciating 20% since 2020. Impact on Indian companies assessed.

India Corporate Credit Outlook: Steady Growth & Rate Cuts in 2025 - Fitch

January 13, 2025 14:18

Fitch Ratings forecasts improved credit access for Indian corporates in FY26, driven by steady GDP growth, banking sector health, and likely interest rate cuts in 2025.

India Oil & Gas Demand Strong in FY26: India Ratings

January 2, 2025 18:09

India's oil and gas demand is projected to remain robust in FY26, despite weak global demand, according to India Ratings. The agency expects healthy demand for petroleum products to support...

Jakson Group Wins 50 MW Solar Rooftop Project in Uttar Pradesh

December 30, 2024 17:44

Jakson Group secures a Rs 200 crore order for a 50 MW solar rooftop project from OMC Power, making it one of the largest solar rooftop orders in India. The project aims to offset 62,500 tonnes of...

Rupee Falls 4 Paise to 85.52 vs Dollar

December 30, 2024 16:00

The Indian rupee weakened against the US dollar on Monday, driven by dollar demand from importers, foreign fund outflows and a muted trend in domestic equities.

Ethanol Projects Approved in Bihar: Loan Subsidies 'Boost'

December 18, 2024 15:24

The Indian government has approved 47 ethanol projects in Bihar, offering loan subsidies to encourage expansion of distilleries and meet blending targets. This move aims to promote ethanol...

Tata Steel Secures Iron Ore Supply for Future Growth

December 15, 2024 11:12

Tata Steel is securing iron ore supply for its growing steel production by engaging with NMDC and OMC, as well as opening new mines.

286 PACS Apply to Set Up Petrol Pumps: Amit Shah

December 11, 2024 17:44

286 Primary Agricultural Credit Societies (PACS) have applied to set up retail petrol and diesel outlets, Amit Shah informed Parliament. The initiative aims to strengthen PACS and create jobs in...

TKIL to Manufacture Green Hydrogen, Partnering with Oil Firms

December 3, 2024 17:16

TKIL Industries acquires stake in Sohhytec SA, gaining access to green hydrogen production technology. The company plans to collaborate with oil marketing companies to establish retail hydrogen...

Fuel Station Monitoring: Govt Deploys Advanced Tech

December 2, 2024 16:15

India's government has implemented a nationwide monitoring system for fuel stations using advanced technologies like OTP-based calibration and digital payments to ensure transparency and consumer...

Zinka Logistics Shares Debut: Initial Gains, Later Decline

November 22, 2024 11:11

Zinka Logistics Solutions Ltd. shares listed with a premium on the BSE and NSE but later gave up early gains, closing lower. The company's IPO was subscribed 1.86 times.

Zinka Logistics IPO Oversubscribed 1.86 Times

November 18, 2024 18:08

Zinka Logistics Solutions Ltd, a digital platform for truck operators, saw its IPO oversubscribed 1.86 times, with strong demand from QIBs and RIIs. The IPO raised over Rs 501 crore from anchor...

Zinka Logistics IPO Subscribed 32% on Day 2

November 14, 2024 18:20

Zinka Logistics Solutions IPO, a digital platform for truck operators, received 32% subscription on Day 2. Retail investors subscribed 90% while QIBs subscribed 26%.

Chubu Electric Invests in OMC Power for Energy Transition

November 13, 2024 19:58

Chubu Electric increases its investment in OMC Power to expand energy transition projects in India and South Africa, becoming the largest shareholder.

Zinka Logistics IPO Subscribed 24% on Day 1

November 13, 2024 18:34

Zinka Logistics's IPO received 24% subscription on Day 1, with Retail Investors leading the way. The IPO, priced at Rs 259-273, closes on November 18.

Zinka Logistics Raises Rs 501 cr From Anchor Investors Ahead of IPO

November 12, 2024 22:10

Zinka Logistics, a digital platform for truck operators, has raised Rs 501 crore from anchor investors ahead of its Rs 1,115 crore IPO. The IPO is scheduled for November 13-18.

Zinka Logistics IPO Opens Nov 13: Rs 1,115 cr, Price Band Rs 259-273

November 8, 2024 16:28

Zinka Logistics, a digital platform for truck operators, launches its Rs 1,115 crore IPO on November 13. The price band is set at Rs 259-273 per share. Learn more about the IPO details.

TruAlt Bioenergy to Supply 300 Million Litres Ethanol

October 29, 2024 18:48

TruAlt Bioenergy secures contract to supply 300 million litres of ethanol to oil marketing companies in India for the 2024-25 season.

Petrol, Diesel Price Cut Likely: Icra

September 26, 2024 13:26

Icra predicts a possible reduction in petrol and diesel prices in India due to lower crude oil prices. The agency estimates a potential drop of Rs 2-3 per litre, citing improved margins for...

Biogas Sector: States Can Save Rs 50K Cr, Says Industry

September 22, 2024 11:05

Indian Biogas Association (IBA) suggests state government support, including financial incentives, to boost the biogas sector, leading to potential savings of Rs 50,000 crore.

Petrol, Diesel Price Cut Before Maha Elections? Oil Official Comments

September 19, 2024 16:18

Amidst volatile oil prices, an Indian oil ministry official addresses speculations about potential petrol and diesel price cuts before the Maharashtra elections. Learn about the latest on fuel...

Oil Prices Fall: Petrol, Diesel Price Cut Likely?

September 12, 2024 18:11

International crude oil prices drop to a three-year low, leading to speculation of petrol and diesel price cuts in India. Learn about the factors influencing potential reductions and the impact on...

Sugar Stocks Surge: Triveni, Dhampur Rally Over 7% - India News

August 30, 2024 17:23

Sugar stocks soared on Friday after the government allowed the use of sugarcane juice and sugar syrup for ethanol production in 2024-25. Triveni Engineering, Dhampur Sugar, Avadh Sugar, and Dalmia...

Rupee Rises 3 Paise to Close at 83.86 Against US Dollar

August 30, 2024 16:00

The Indian rupee strengthened against the US dollar on Friday, closing at 83.86, supported by strong domestic equities and weak US dollar. Foreign fund inflows also boosted the rupee, while rising...

Rupee Rises 7 Paise to 83.82 vs US Dollar

August 30, 2024 09:55

The Indian Rupee appreciated by 7 paise to 83.82 against the US dollar in early trade on Friday, supported by foreign fund inflows and positive domestic equities. Read more.

Govt Allows Sugarcane Juice for Ethanol Production in 2024-25

August 29, 2024 20:58

The Indian government has reversed its ban on using sugarcane juice and sugar syrup for ethanol production, allowing it for the 2024-25 ethanol supply year. This decision aims to boost ethanol...

Rupee Falls 3 Paise to Close at 83.96 vs US Dollar

August 28, 2024 15:56

The Indian rupee depreciated by 3 paise to close at 83.96 against the US dollar on Wednesday, driven by strong dollar demand from importers. Positive domestic equities and foreign fund inflows...

BPCL Launches Biofuel Blend Bunker at Mumbai Port

August 16, 2024 19:35

BPCL has set up the first biofuel blend bunker at Mumbai Port, offering shipping companies a cleaner alternative to traditional fuels. This initiative aligns with global efforts to decarbonize the...

Fuel Retailers See Profit Slump After Record Earnings

August 4, 2024 11:11

Indian Oil, BPCL and HPCL reported significant profit declines in Q1 2024-25 due to falling margins and LPG under-recovery. This follows record profits in FY24.

Rupee Closes 1 Paisa Higher at 83.72 vs US Dollar

July 31, 2024 16:12

The Indian rupee closed 1 paisa higher at 83.72 against the US dollar on Wednesday, supported by positive domestic equities but offset by month-end dollar demand from importers.

IOC Profit Plunges 81% in Q1 on Lower Margins, Fuel Subsidy

July 30, 2024 16:08

Indian Oil Corporation (IOC) reported an 81% drop in Q1 net profit due to lower refining margins, fuel under-recoveries, and LPG subsidies. Revenue remained flat.

Rupee Edges Up 1 Paisa to 83.72 vs US Dollar

July 30, 2024 16:02

The Indian rupee appreciated slightly against the US dollar on Tuesday, closing at 83.72, driven by positive domestic market sentiment and expectations of a potential US Fed rate cut.

Govt Scraps Rs 30,000 Cr Oil Co Support After Bumper Profits

July 23, 2024 16:40

India's government has scrapped a Rs 30,000 crore equity infusion planned for state-owned oil companies after they recorded record profits in FY24.

Airlines Ban 51 Unruly Passengers in 2023

July 22, 2024 17:16

India's civil aviation ministry has placed 51 passengers on the no-fly list for unruly behavior in 2023. Learn more about the no-fly list and airline operating costs.

Aadhaar-Based eKYC for LPG Customers to Weed Out Bogus Users

July 10, 2024 16:55

Indian oil companies are using Aadhaar-based eKYC to verify LPG customers and eliminate fraudulent accounts. The process aims to ensure that cooking gas is used by legitimate households and not...

Rupee Rises 7 Paise to Close at 83.38 vs US Dollar

June 28, 2024 15:51

The Indian rupee appreciated 7 paise to close at 83.38 against the US dollar on Friday, driven by renewed foreign fund inflows. However, strength of the American currency, elevated crude oil prices...

Rupee Rises 13 Paise to Close at 83.44 vs US Dollar

June 27, 2024 15:59

The Indian rupee appreciated 13 paise to close at 83.44 against the US dollar on Thursday, supported by a positive trend in equity markets and favorable domestic macroeconomic profile.

Karnataka Fuel Price Hike: Lower Than Andhra, Maharashtra

June 16, 2024 20:52

Karnataka's fuel price hike, though pushing prices above Rs 100/litre, remains lower than neighboring Andhra Pradesh and Maharashtra. The state government raised local tax on auto fuels.

Rupee Falls to 83.40 vs US Dollar: Oil, FII Outflows Weigh

May 29, 2024 20:57

Indian Rupee closes 22 paise lower at 83.40 against the US dollar due to rising oil prices, foreign fund outflows, and dollar demand from importers.

Rupee Falls to 83.39 Against US Dollar | Business News

May 29, 2024 15:52

The Indian rupee closed 21 paise lower at 83.39 against the US dollar on Wednesday, influenced by negative domestic equities and rising crude oil prices.

Reliance Seeks Access to ATF Pipelines, Storage: Competition Push

May 19, 2024 10:35

Reliance Industries seeks access to pipelines and storage facilities of PSU oil firms for ATF supply, aiming for a larger share of fuel trade at major airports, boosting competition.

Rupee Gains 2 Paise Against US Dollar: Weak Greenback, Crude Oil Prices

February 29, 2024 20:18

The Indian rupee appreciated 2 paise to close at 82.89 against the US dollar, tracking a weak greenback and lower crude oil prices. Equity markets also supported the domestic unit, but market...

Rupee Ends Flat at 82.91 vs Dollar: Oil, Weak Greenback Support

February 29, 2024 16:10

The Indian rupee settled flat against the US dollar on Thursday, supported by lower crude oil prices and a weak dollar, but foreign capital outflows capped gains.

Rupee Falls 2 Paise to 82.91 vs US Dollar

February 28, 2024 20:38

The Indian rupee weakened against the US dollar on Wednesday, influenced by foreign fund outflows and increased demand for the American currency. The rupee closed at 82.91, down 2 paise from the...

Rupee Falls 3 Paise to 82.92 Against US Dollar

February 28, 2024 15:50

The Indian rupee depreciated by 3 paise to settle at 82.92 against the US dollar on Wednesday, driven by bearish equity markets and foreign fund outflow.

ATF Pipelines: Oil Regulator Proposes Open Access for Airports

February 26, 2024 16:31

PNGRB proposes open access ATF pipelines at Indian airports to boost competition and cut fuel costs, aiming to lower air travel expenses. The move will enable multiple suppliers to transport jet...

Adani Total Gas Bets Big on LNG for Growth

February 18, 2024 13:10

Adani Total Gas is pushing for wider LNG adoption in India, partnering with automakers and fleet operators to create an ecosystem for the cleaner fuel. The company plans to build 50 LNG dispensing...

Fuel Station Display Visibility: Parliamentary Panel Recommendations

February 7, 2024 21:13

A Parliamentary panel recommends improved fuel station visibility for drivers, suggesting longer pipes and visible display screens to protect consumer interests.

IOC, BPCL, HPCL Post Record Profits: Oil Crisis Recovery

February 5, 2024 11:17

Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd reported record profits in the first nine months of the fiscal year, exceeding their pre-oil crisis...

Govt Halves Oil Firm Budget Support, Defers Strategic Reserves

January 26, 2024 13:43

India's government has halved its equity infusion for oil companies' energy transition projects and deferred plans to fill strategic oil reserves due to changing market conditions.

Startup IPM to Launch 100 Fuel Outlets in India

January 11, 2024 14:44

Indo Petroleum Marketing (IPM) plans to establish 100 fuel stations across India in the next five years, starting with Assam. The startup aims to provide various fuel options and EV charging...

Rupee Strengthens 4 Paise Against US Dollar

December 29, 2023 20:39

The Indian rupee gained 4 paise to close at 83.16 against the US dollar on Friday, driven by a weak dollar and foreign capital inflows.

Rupee Ends Flat at 83.20 vs US Dollar | Business News

December 29, 2023 15:51

The Indian rupee closed flat at 83.20 against the US dollar on Friday, with month-end dollar demand from importers and volatile crude oil prices weighing on the currency. Read more.

Odisha Mining Corp: Patnaik Inaugurates Projects & Mobile Health Units

December 18, 2023 21:12

Odisha Chief Minister Naveen Patnaik inaugurated multiple projects of the Odisha Mining Corporation (OMC), including quality control labs, sample processing units, and a chrome ore beneficiation...

Sugarcane Juice Allowed for Ethanol Production in 2023-24

December 16, 2023 11:10

The Indian government has reversed its ban on using sugarcane juice for ethanol production in the 2023-24 supply year, allowing sugar mills to use both juice and molasses. This decision aims to...

Govt Allows Cane Juice for Ethanol, Caps Sugar Diversion at 17 Lakh Tonnes

December 15, 2023 22:07

India's government has reversed its ban on using sugarcane juice for ethanol production, allowing its use along with B-heavy molasses but capping sugar diversion at 17 lakh tonnes for the 2023-24...

Govt Allows Cane Juice, B-Molasses for Ethanol in 2023-24

December 15, 2023 21:07

India's government has allowed sugar mills to use cane juice and B-heavy molasses for ethanol production, capping sugar diversion at 17 lakh tonnes for the 2023-24 supply year.

Ethanol Blending Target Unaffected by Sugarcane Juice Ban

December 8, 2023 18:06

India's ethanol blending target remains unchanged despite a ban on sugarcane juice for ethanol production. The government plans to use other feedstock like B-heavy molasses, damaged rice, and maize.

Ethanol Ban from Sugarcane Juice: Shah Assures Solution in 2 Days

December 8, 2023 15:11

Maharashtra Deputy CM Ajit Pawar raises concerns over Centre's ban on ethanol from sugarcane juice, Union Minister Amit Shah assures a solution within 2 days.

India Bans Sugarcane Juice for Ethanol in 2023-24

December 7, 2023 17:01

India's government has banned the use of sugarcane juice and sugar syrup for ethanol production in the 2023-24 supply year, aiming to maintain adequate sugar availability and control prices....

Sugarcane Juice Ban for Ethanol: Govt Aims to Control Prices

December 7, 2023 15:55

India's government has banned sugar mills from using sugarcane juice for ethanol production to ensure adequate sugar supply and control prices. However, ethanol supply from B-heavy molasses will...

228 Agri Credit Societies Applied for Petrol/Diesel Dealership: Shah

December 6, 2023 14:20

Cooperation Minister Amit Shah announced 228 PACS have applied for retail petrol/diesel dealership. The government has allowed PACS to operate retail petrol/diesel outlets and LPG distributorships.

Petrol, Diesel Price Freeze to Continue: Oil Price Needs to Stabilize Below USD 80

November 30, 2023 17:00

India's state-owned fuel retailers will only revert to daily fuel price revisions when international oil prices stabilize below USD 80 per barrel. Learn more about the current fuel pricing...

Stock Market Gains on FII Inflows, Adani Surge

November 28, 2023 17:31

Indian stock markets rebounded on Tuesday, driven by FII buying and gains in auto, power and metal sectors. Adani group shares surged up to 20%.

Company Name
Price
Volume

Vodafone Idea L
8.05 ( -0.62)
46176532

Standard Capital
0.54 (+ 1.89)
14681862

G G Engineering
0.93 (+ 3.33)
4904045

Guj. Toolroom Lt
1.44 ( -2.04)
2714372

AvanceTechnologies
0.57 (+ 5.56)
2525795

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Search result for 'omc'

Rupee Rises 25 Paise, Best Monthly Gain in 6 Years

Rupee Falls 8 Paise to 85.77 vs US Dollar

Ethanol Blending in Petrol Reaches 19.68% in Feb: Govt

Sugar Industry White Paper: ChiniMandi Urges Govt Action

Crude Oil Plunge Fuels OMC Stocks: Sensex Rises

Oil Retailers Select PACS for Petrol Outlets - Amit Shah

Oil PSUs Double CSR Spending: Puri

Ethanol Price Hike: Govt Raises C Heavy Molasses Ethanol Price

Honda Targets No. 1 Spot in India Two-Wheeler Market | EVs Key

Rupee Weakest in Southeast Asia: Moody's

India Corporate Credit Outlook: Steady Growth & Rate Cuts in 2025 - Fitch

India Oil & Gas Demand Strong in FY26: India Ratings

Jakson Group Wins 50 MW Solar Rooftop Project in Uttar Pradesh

Rupee Falls 4 Paise to 85.52 vs Dollar

Ethanol Projects Approved in Bihar: Loan Subsidies &#x27;Boost&#x27;

Tata Steel Secures Iron Ore Supply for Future Growth

286 PACS Apply to Set Up Petrol Pumps: Amit Shah

TKIL to Manufacture Green Hydrogen, Partnering with Oil Firms

Fuel Station Monitoring: Govt Deploys Advanced Tech

Zinka Logistics Shares Debut: Initial Gains, Later Decline

Zinka Logistics IPO Oversubscribed 1.86 Times

Zinka Logistics IPO Subscribed 32% on Day 2

Chubu Electric Invests in OMC Power for Energy Transition

Zinka Logistics IPO Subscribed 24% on Day 1

Zinka Logistics Raises Rs 501 cr From Anchor Investors Ahead of IPO

Zinka Logistics IPO Opens Nov 13: Rs 1,115 cr, Price Band Rs 259-273

TruAlt Bioenergy to Supply 300 Million Litres Ethanol

Petrol, Diesel Price Cut Likely: Icra

Biogas Sector: States Can Save Rs 50K Cr, Says Industry

Petrol, Diesel Price Cut Before Maha Elections? Oil Official Comments

Oil Prices Fall: Petrol, Diesel Price Cut Likely?

Sugar Stocks Surge: Triveni, Dhampur Rally Over 7% - India News

Rupee Rises 3 Paise to Close at 83.86 Against US Dollar

Rupee Rises 7 Paise to 83.82 vs US Dollar

Govt Allows Sugarcane Juice for Ethanol Production in 2024-25

Rupee Falls 3 Paise to Close at 83.96 vs US Dollar

BPCL Launches Biofuel Blend Bunker at Mumbai Port

Fuel Retailers See Profit Slump After Record Earnings

Rupee Closes 1 Paisa Higher at 83.72 vs US Dollar

IOC Profit Plunges 81% in Q1 on Lower Margins, Fuel Subsidy

Rupee Edges Up 1 Paisa to 83.72 vs US Dollar

Govt Scraps Rs 30,000 Cr Oil Co Support After Bumper Profits

Airlines Ban 51 Unruly Passengers in 2023

Aadhaar-Based eKYC for LPG Customers to Weed Out Bogus Users

Rupee Rises 7 Paise to Close at 83.38 vs US Dollar

Rupee Rises 13 Paise to Close at 83.44 vs US Dollar

Karnataka Fuel Price Hike: Lower Than Andhra, Maharashtra

Rupee Falls to 83.40 vs US Dollar: Oil, FII Outflows Weigh

Rupee Falls to 83.39 Against US Dollar | Business News

Reliance Seeks Access to ATF Pipelines, Storage: Competition Push

Rupee Gains 2 Paise Against US Dollar: Weak Greenback, Crude Oil Prices

Rupee Ends Flat at 82.91 vs Dollar: Oil, Weak Greenback Support

Rupee Falls 2 Paise to 82.91 vs US Dollar

Rupee Falls 3 Paise to 82.92 Against US Dollar

ATF Pipelines: Oil Regulator Proposes Open Access for Airports

Adani Total Gas Bets Big on LNG for Growth

Fuel Station Display Visibility: Parliamentary Panel Recommendations

IOC, BPCL, HPCL Post Record Profits: Oil Crisis Recovery

Govt Halves Oil Firm Budget Support, Defers Strategic Reserves

Startup IPM to Launch 100 Fuel Outlets in India

Rupee Strengthens 4 Paise Against US Dollar

Rupee Ends Flat at 83.20 vs US Dollar | Business News

Odisha Mining Corp: Patnaik Inaugurates Projects &amp; Mobile Health Units

Sugarcane Juice Allowed for Ethanol Production in 2023-24

Govt Allows Cane Juice for Ethanol, Caps Sugar Diversion at 17 Lakh Tonnes

Govt Allows Cane Juice, B-Molasses for Ethanol in 2023-24

Ethanol Blending Target Unaffected by Sugarcane Juice Ban

Ethanol Ban from Sugarcane Juice: Shah Assures Solution in 2 Days

India Bans Sugarcane Juice for Ethanol in 2023-24

Sugarcane Juice Ban for Ethanol: Govt Aims to Control Prices

228 Agri Credit Societies Applied for Petrol/Diesel Dealership: Shah

Petrol, Diesel Price Freeze to Continue: Oil Price Needs to Stabilize Below USD 80

Stock Market Gains on FII Inflows, Adani Surge

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Ethanol Projects Approved in Bihar: Loan Subsidies 'Boost'

Odisha Mining Corp: Patnaik Inaugurates Projects & Mobile Health Units