Indian Oil Corporation Ltd

So who were corporate India's biggest Q2 losers?

Oil marketing companies populate the top of the list as they continued with their losing streak in profits.

9 stocks to watch out for today

Today, we have picked Indian Hotels, Indian Oil Corporation, Gujarat State Petronet, IVRCL Infra, IRB, Hero Honda, Pantaloon, REC and Bajaj Auto as the 9 stocks of the day.

9 things that could move the market today

Asian stocks fall on Japan earnings, US stocks are up while commodities rebound and the oil marketing companies i n India get a cash injection of Rs 20,000 crore from the government.

Cheaper crude helps oil firms cut petrol price by Rs 2.46 per litre

In Delhi, the revised price would be Rs 67.78, in Mumbai it will be Rs 73.35 while in Chennai it would be Rs 72.27.

Will sharpest petrol hike ever, last just eight days?

After announcing the sharpest increase in petrol prices - Rs 6.20 without the state tax effect - on 23 May, it seems that state-run oil marketing companies are ready to cut the price of the fuel by about Rs 1.67 per litre

Govt decision to dole out Rs 38.5K cr to help OMCs positive: Moody's

Credit rating agency Moody's lauds government decision to dole out Rs 35,000 crore to help OMCs like Indian Oil, HPCL and BPCL to tide over financial difficulties.

Note to UPA: After petrol, why no diesel hike?

For a government desperate to cut its weighty subsidy bill, allowing petrol prices to be hiked and then backing off on doing the same with diesel is, to put it mildly, going in the wrong direction.

Petrol bomb is a dud: If only Dr Singh had listened...

In 1991, Manmohan Singh talked about the power of an idea whose time has come. But is raising petrol prices steeply one such idea?

IOC garners $7bn foreign loan to meet capex needs

State-owned IOC built up a foreign currency loan portfolio of $7 billion to meet its capital requirements despite the uncertain foreign financial markets.

SBI breaches RBI norm on RIL exposure by Rs 500 cr

On the other hand, private sector banking giant ICICI Bank, which had also temporarily breached RBI's single borrower exposure norms in 2010-11 with respect to its loans to RIL, did not exceed the limits for any borrower in 2011-12.