Reckitt Benckiser to spin-off heroin treatment drug
India Infoline News Service/17:23,Jul 28, 2014
Reckitt has two new pharmaceutical projects that could diversify revenue and boost the unit's market valuation
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Jul 28, 2014
Committee of Secretaries approve changes in gas policy
India Infoline News Service/16:26,Jul 28, 2014
The CoS approved a proposal of Oil Ministry for changes in priority ranking for gas allocation
Cairn India ranked as India’s Fastest Growing Company in middleweight category
India Infoline News Service/15:34,Jul 28, 2014
The company has achieved this feat on the back of a mega oil discovery at its Rajasthan oilfield, located near Barmer.
Adani plans to raise Rs 10,000 crore via QIP
India Infoline News Service/12:05,Jul 28, 2014
The money may be raised in phases starting in the last week of August
Cairn India seeks ONGC nod for extension of licence of Rajasthan oil block: reports
India Infoline News Service/10:47,Jul 28, 2014
Cairn’s contractual term for exploring and producing oil and gas from Rajasthan Block RJ-ON-90/2 expires in 2020.
Petrol prices may fall first time since April by Rs 1 a litre
India Infoline News Service/09:13,Jul 28, 2014
Report stated that the revenue loss of marketers on diesel is expected to narrow to less than Rs 1.40.
Jul 25, 2014
GAIL signs MOU with Sumitomo Corporation of Japan
India Infoline News Service/19:01,Jul 25, 2014
Under the MOU, GAIL and Sumitomo will pursue business opportunities in natural gas and LNG value chain business globally
The Week That Was
India Infoline News Service/18:20,Jul 25, 2014
While the main indices made headlines this week after hitting new highs, the mid-cap and small-cap indices underperformed as they closed lower by ~2%.
NCDEX introduces robust Hedge Policy
India Infoline News Service/17:21,Jul 25, 2014
Hedge Policy with the objective of making risk management more easier, simpler and accessible for commodity businesses.
Oil and Gas Round Up – July 21 to 25, 2014
India Infoline News Service/11:18,Jul 25, 2014
Cairn India Ltd has posted a net profit of Rs. 10929mn for the quarter ended June 30, 2014 as compared to Rs. 31272.30 mn for the quarter ended June 30, 2013
Delhi MPs meet the Petroleum and Natural gas Minister
India Infoline News Service/09:58,Jul 25, 2014
MPs gave suggestions for improvement in the services provided by IGL for rapid expansion of PNG services.
Jul 24, 2014
Exova expands into India with purchase of Metallurgical Services
India Infoline News Service/17:35,Jul 24, 2014
Metallurgical Services is located in Mumbai at the heart of India’s oil & gas hub.
L&T Infotech named a ‘Major Player’ in Oil & Gas: IDC MarketScape report
India Infoline News Service/17:08,Jul 24, 2014
L&T Infotech demonstrate it works well in industry and has developed frameworks with its clients.
Cairn India stock down 4% on Q1 results
India Infoline News Service/10:03,Jul 24, 2014
The stock has hit a high of Rs338 and a low of Rs326.
Independent Agency finalized to look into issue of continuity of blocks of gas reservoirs
India Infoline News Service/08:55,Jul 24, 2014
In May, 2014, ONGC filed an extra-ordinary writ petition in Delhi high court against Union of India, DGH and RIL.
Losses to Public Sector OMCS due to Subsidy on Oil and Gas
India Infoline News Service/08:41,Jul 24, 2014
This is based on the actual under-recovery incurred during the period from April-July, 2014
Jul 23, 2014
Cairn India Q1 net profit at Rs1092 crores
India Infoline News Service/17:40,Jul 23, 2014
Total Income has increased from Rs. 48700.30 mn for the quarter ended June 30, 2013 to Rs. 50001.00 mn for the quarter ended June 30, 2014.
Govt seeks 50% hike in gas supply to urea plants
India Infoline News Service/10:57,Jul 23, 2014
The objective is to save Rs. 15,000 crore in subsidises as imported LNG is costly
Jul 22, 2014
Moody's: RIL's stable Q1 results support credit profile
India Infoline News Service/14:09,Jul 22, 2014
"RIL's operating performance was largely stable, with improved contributions from its upstream oil & gas segment offsetting weaker petrochemical results," says Vikas Halan
Iran-Pakistan-India Gas Pipeline Status
India Infoline News Service/09:30,Jul 22, 2014
60 MMSCMD of gas is proposed to be supplied in Phase-I and 90 MMSCMD of gas is supplied in Phase II.
Govt allows sale of 5kg LPG cylinders through OMCs Retail Outlets
India Infoline News Service/08:59,Jul 22, 2014
Subsequently, sale of 5 Kg cylinder has been extended to LPG distributorship points and Kirana/General stores to further convenience of the consumers.
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