Mumbai (Maharashtra) [India], May 9 (ANI): The recent hike in additional customs and excise duties on petrol and diesel will meaningfully affect profitability and leverage profile of the three public oil marketing companies (OMCs), according to India Ratings and Research.
Mumbai (Maharashtra) [India], May 6 (ANI): Heavy buying in financial counters led equity indices to close in the positive terrain on Wednesday after a highly volatile session which saw stocks of FMCG and oil marketing companies taking a beating.
New Delhi [India], Apr 3 (ANI): IndianOil has announced that oil marketing companies (OMCs) have made no change in the basic selling price of petrol and diesel.
New Delhi [India], Mar 27 (ANI): Minister of Petroleum and Natural Gas, Dharmendra Pradhan, on Friday held a video conference with state-level teams of Oil Marketing Companies (OMCs) to ensure an adequate supply of fuel amid the nationwide lockdown imposed as a precautionary measure to conta
New Delhi [India], Sept 17 (ANI): Petroleum Minister Dharmendra Pradhan on Tuesday expressed confidence that there will be no effect on oil distribution and supply in the country following attacks on the oil stabilisation centres of Saudi oil giant Aramco.
New Delhi [India], Sept 6 (ANI): The supply of fuel to Air India at all the airports barring six is normal, a spokesperson of the airline said on Friday here.
New Delhi [India], Aug 25 (ANI): The Chairman and Managing Director of Air India, Ashwani Lohani on Sunday said that stoppage of fuel supplies at six airports from Oil Marketing Companies (OMCs) is because of an overall shortage of funds.
Mumbai (Maharashtra) [India], Aug 23 (ANI): PSU Oil Marketing Companies - Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) - have been constrained to suspend supply of jet fuel to Air India and Alliance Air flights at six airports
New Delhi [India], Aug 23 (ANI): State-owned oil marketing companies (OMCs) led by Indian Oil have stopped jet fuel supply to Air India at six airports -- Kochi, Pune, Patna, Ranchi, Vizag and Mohali -- over payment defaults.
New Delhi [India], July 15 (ANI): Nearly 86 per cent of Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries, who are at least one year old have returned for the second refill of LPG cylinder, Petroleum Minister Dharmendra Pradhan in the Lok Sabha on Monday quoting Oil Marketing Companies (OMC