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Petrol price cut by Rs 1.82/litre; diesel rate hiked by 50 paise

Aug 30, 2014

Petrol price cut by Rs 1.82/litre; diesel rate hiked by 50 paise

Petrol price was on Saturday cut by Rs 1.82 a litre, the third reduction in rates this month, but diesel rates were hiked by 50 paise per litre. #Economy #India #NewsTracker #Indian Oil Corporation #LPG #Diesel #petrol price
Petrol price to be cut by Rs 1.89-2.38/litre from 15 August

Aug 13, 2014

Petrol price to be cut by Rs 1.89-2.38/litre from 15 August

Petrol price will be cut by Rs 1.89-2.38 per litre from 15 August, Oil Minister Dharmendra Pradhan announced on Wednesday. #India #NewsTracker #Petrol #Indian Oil Corporation #Dharmendra Pradhan #B Ashok
Pradhan defends oil PSUs after CAG rap

Jul 31, 2014

Pradhan defends oil PSUs after CAG rap

The Comptroller and Auditor General of India in its latest report stated that Indian Oil Corp., Hindustan Petroleum Corp. and Bharat Petroleum Corp. overcharged customers by Rs 26,626 crore from 2007-08 to 2011-12 by charging notional levies like customs duty on fuel they sold. #CAG #NewsTracker #Indian Oil #Hindustan Petroleum #Oil marketing companies #Bharat Petroleum #Dharmendra Pradhan #Wharfage charge
Centre seeks Rs 15,546 cr fuel subsidy from upstream firms

Jul 31, 2014

Centre seeks Rs 15,546 cr fuel subsidy from upstream firms

Fuel retailers IOC, HPCL and Bharat Petroleum Corp Ltd (BPCL) sell diesel, domestic LPG and kerosene at government controlled rates which are way below the cost. #Economy #NewsTracker #Oil Ministry #ONGC #Indian Oil #LPG #Hindustan Petroleum #Oil India #Fuel Subsidy #GAIL India
Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

May 13, 2014

Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

The Directorate General of Central Excise Intelligence (DGCEI) has issued a show cause-cum-demand notice of over Rs 4.6 crore to the nation's largest oil firm Indian Oil Corporation for not paying service tax under the head of a 'goods transport agency'. #India #NewsTracker #Indian Oil Corporation #Central Excise #DGCEI #Samanjasa Das

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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

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

Sep 18, 2014

Law firm's report: ND tribal leader abused power

WILLISTON, N.D. (AP) — The leader of an oil-rich American Indian nation is accused of using his position to benefit from business partners' lucrative oil field contracts and attempting to extort money from other companies for the go-ahead on projects... #North Dakota #Missouri #Kansas City, MO #Stephen Hill
Memo to Sebi: Is govt licensed to rob minority investors?

Sep 15, 2014

Enbridge, Agencies to Simulate Oil Spill Response

Emergency response agencies will participate this week in an exercise simulating a worst-case spill from oil pipelines running beneath the Straits of Mackinac in northern Michigan. The U.S. Coast Guard's 9th District says the drill will be conducted ... #North Dakota #Missouri #Kansas City, MO #Stephen Hill
Memo to Sebi: Is govt licensed to rob minority investors?

Sep 05, 2014

Australia signs uranium export deal with India

(AP) -- Australia and India signed an agreement on Friday allowing the export of Australian uranium to New Delhi for use in power generation. The deal was signed during a state visit by Australian Prime Minister Tony Abbott, who met his Indian counte... #Tokyo #India #New Delhi #Australia #Tony Abbott #Narendra Modi