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CAG exceeded audit brief; used hindsight to question decision, says RIL

Sep 14, 2014

CAG exceeded audit brief; used hindsight to question decision, says RIL

RIL stated that use of hindsight to question project efficiencies and procurements "could be easily perceived as a performance audit which obviously was not the stated intent of Audit." #India #CAG #oil #Petrol #KG-D6 #IOC #RIL #BPCL #HPCL #refining #PSU #import #Customs
Sensex reverses early gains, down 44 pts on rising Iraq unrest

Jun 19, 2014

Sensex reverses early gains, down 44 pts on rising Iraq unrest

In volatile trading, the benchmark Sensex on Thursday failed to maintain early gains and ended down 44.45 points at 25,201.80, led by losses in ONGC and RIL scrips, as oil continued its upmove on fighting in Iraq. #Sensex #India #nifty #ONGC #stocks #markets #RIL #HPCL
Now, three oil PSUs move SC for modification of Aadhaar order

Oct 07, 2013

Now, three oil PSUs move SC for modification of Aadhaar order

DBTL has already been implemented and has been running successfully in 54 districts and the old system of subsidy has been stopped, the PSUs said, adding that the firms are in process of implementing the scheme in 235 other districts. #WhyNow #Aadhaar #BPCL #HPCL #PSU #IOCL

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Memo to Sebi: Is govt licensed to rob minority investors?

Sep 26, 2011

Memo to Sebi: Is govt licensed to rob minority investors?

If a private group were to happily transfer money from one company to another Sebi would pounce on them. Why isn't it doing so with government companies? #ONGC #Indian Oil #GAIL #Thats Just Wrong #BPCL #HPCL #Oil India