Oil & Gas Newsletter - September 11 to September 15, 2017

This week,” The government has given a clarification that it will not intervene in the daily pricing of petrol and diesel by oil companies. Earlier, on Wednesday, oil marketing company stocks were in a downward trend on the back of the buzz that Finance Ministry is unlikely to roll back the hike in fuel excise tax due to fiscal constraints faced by the government.”

Sep 16, 2017 12:09 IST India Infoline News Service

Top news:
 
Govt not to interfere in daily pricing of petrol, diesel by oil companies
 
The government has given a clarification that it will not intervene in the daily pricing of petrol and diesel by oil companies. Earlier, on Wednesday, oil marketing company stocks were in a downward trend on the back of the buzz that Finance Ministry is unlikely to roll back the hike in fuel excise tax due to fiscal constraints faced by the government. Read more
 
BPCL gets Maharatna status

The government of India (GoI) has conferred Bharat Petroleum Corporation Limited (BPCL) with Maharatna Status. Accordingly, BPCL is empowered to exercise the powers of a Maharatna company as governed by relevant guidelines issued by Department of Public Enterprises. Read more
 
Reliance touches life-time high; adds Rs 17K crore in M-cap

Reliance Industries Limited, the most valued company on BSE in terms of market capitalisation has touched its all-time high of Rs 849.7 per share as of 1110 hours on Wednesday. Read more

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