Shares of Spicejet plunged 7.20 percent, Jet Airways tumbled 7.05 percent and InterGlobe Aviation 4.97 percent on BSE.
Fuel price hike: Petrol, diesel rates left unchanged today after 10 revisions, but there’s little to cheer
After recording an increase for 10 consecutive days, fuel prices across the four metros were steady on Wednesday
Daily Bulletin: Toll in Kerala rains rises to 37, VS Naipaul passes away, India faces stiff task to save Lord's Test; top stories of the day
From celebrated novelist and Nobel Laureate VS Naipaul passing away at 85 to Arsenal taking on defending Premier League champions Manchester City, here are the top stories for Sunday.
Oil and Natural Gas Corp (ONGC) had in January this year bought the government's entire 51.11 percent stake in HPCL for Rs 36,915 crore. Post that, HPCL had become a subsidiary of ONGC.
Mukesh Ambani-led RIL was the top private sector company from the country as it jumped from 203rd rank last year to 148th in Fortune 500 list
Congress slams Narendra Modi for rise in non-subsidised cooking gas price, says govt looting people in name of fuel
As the government increased the price of non-subsidised cooking gas by Rs 35.50 per cylinder in Delhi, the Congress on Tuesday said the Narendra Modi government is looting the people in the name of fuel by launching another assault on them.
Indian Oil Corp, BPCL, Adani top bidders for gas retailing licences in cities; 400 bids received for 86 permits
Petronet LNG Ltd, India's largest liquefied natural gas (LNG) importer, sought to foray into CGD business by bidding for the licence in seven cities
LPG subsidy jumps 60% in last two months as govt maintains prices to help consumers, says Indian Oil Corp chairman
All LPG consumers have to buy fuel at market price. The government, however, subsidises 12 cylinders of 14.2-kg each per households in a year by providing the subsidy amount directly in bank accounts of users.
Similarly, in Mumbai and Kolkata, petrol prices were at Rs 85.92 and Rs 80.75 a litre respectively, while in Chennai petrol fell by ten paise on Sunday to Rs 81.09 per litre.
ONGC was for long India's most profitable company but lost the crown to private sector Reliance and TCS three years back.
With Opposition parties mocking the one paisa cut in the prices of petroleum products, Petroleum Minister Dharmendra Pradhan on Wednesday said the prices are decided by the oil companies and the government has no role in it.
Petrol, diesel rates down by one paisa: It's a cruel joke, but why expect a cut when taxes on fuel remain unchanged?
It takes time for changes in global crude oil prices to impact domestic petrol and diesel prices.
Petrol, diesel price hike: Centre will not cut excise duty on fuels; no immediate relief for consumers
A cut in the excise duty on fuel will negatively impact the fiscal deficit glide path.
Govt keeping close eye on international oil prices, says Union minister Dharmendra Pradhan; rules out excise duty cut
With petrol and diesel prices touching multi-year highs, oil minister Dharmendra Pradhan said the government is keeping a close eye on international prices
Indian Oil Corp (IOC) has launched home-delivery of diesel on a pilot basis in Pune and plans to expand doorstep delivery of the fuel to other parts of the country in near future
Following Finance Minister Arun Jaitley's February 2017 Budget announcement of creating integrated oil majors, IOC and BPCL had submitted separate proposals to buy the government's 54.89 percent stake in GAIL
At Rs 80 per litre, petrol in Mumbai costliest among metro cities; oil ministry closely watching situation
Petrol price surged to Rs 71.56 per litre in Delhi on 18 January which was highest hike since August 2014.
Himachal Pradesh polls: Candidates from both BJP, Congress pitch development in state if voted to power
Himachal Pradesh BJP president and three-time MLA Satpal Satti is set to face Congress' Satpal Raizada in the upcoming state Assembly polls,
Ejipura building collapse: 7 die in Bengaluru; Indian Oil officials deny cylinder blast caused accident
At least seven persons, including three women, were killed and several others feared trapped when a two-storeyed building collapsed due to a suspected LPG cylinder blast near Ejipura in Bengaluru on Monday.
Centre to launch LPG panchayats to increase use of clean fuel, distribute gas connections in villages
Centre will launch a country-wide LPG Panchayat as a backup to the Pradhan Mantri Ujjwala Yojana to distribute LPG connections in the rural areas