Border districts of Madhya Pradesh are bearing the brunt of the hike in fuel prices, with the cost of petrol in Anuppur crossing Rs 120 per litre and diesel nearing Rs 110 per litre on Wednesday. Similarly, the price of petrol in Balaghat, which shares borders with Chhattisgarh and Maharashtra, reached Rs 119.23 per litre.
Category: The Economic Times
Economictimes
Digital transformation at BPCL in collaboration with Deloitte India to enhance customer experience
Privatization-bound Bharat Petroleum Corp Ltd (BPCL) has picked Deloitte India to implement an ambitious digital transformation project that aims to enhance the customer experience across all touchpoints by providing a single view of products and services across business units. ‘Project Anubhav’ has been “well received by customers and other stakeholders making an impact in the […]
Govt gets Rs 6,665 cr dividend from BPCL for FY21
The government has received a final dividend of Rs 6,665 crore from privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) for the 2020-21 fiscal, DIPAM Secretary said on Wednesday. “Govt received final dividend of Rs 6,665 crore from BPCL NSE -0.94 % for the FY 2020-21. This includes special dividend on account of gains especially on sale […]
Petrol and diesel continue to pinch. Here’s what it will cost you today
There’s no let up in fuel rates. Petrol and diesel prices are up by 35 paise a litre each coming on the back of a surge in international fuel prices. In Delhi, petrol costs Rs 108.29 a litre while the rate of diesel was Rs 97.02 per litre. Petrol in Mumbai will cost you Rs […]
10% thermal power capacity vulnerable to outage as coal shortage lingers: Report
Crisil Rating on Wednesday warned that despite the respite from a temporary fall in power demand, a tenth of the thermal capacity is still vulnerable to the outage as it sees coal-stock remaining in single-digit days through the rest of the year. Recently, the agency had said that the ongoing coal shortage could debilitate corporate […]
Iran says cyberattack behind widespread disruption at gas stations
A cyberattack disrupted the sale of heavily subsidised gasoline in Iran on Tuesday, state media reported, causing long lines at gas stations across the country. “The disruption at the refuelling system of gas stations… in the past few hours, was caused by a cyberattack,” state broadcaster IRIB said. “Technical experts are fixing the problem and […]
India added 10 GW of solar and wind capacity in the first nine months of 2021: Report
From January 2021 till September 2021, approximately 8,811 MW solar capacity and 1,246 MW of wind capacity was added in India. This is about 280% and 101%, respectively, higher compared to the same period previous year, according to a report of JMK Research. “The key reason for the significant increase is the commissioning of delayed […]
NHAI InvIT to hit on Friday, plans to raise Rs 8,000 crore
National Highways Authority of India (NHAI) will launch its maiden Infrastructure Investment Trust (InvIT) on 29 October, with which it aims to mop up Rs 8000 crore, as part of the government’s long-term plans to monetise road assets. According to the offer documents submitted with NSE, the issue will be opened on 29 October and […]
Oil falls after increases in US crude, fuel stockpiles
TOKYO: Oil NSE -0.48 % prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in the United States, the world’s largest oil consumer. Brent oil futures fell 25 cents, or 0.3%, to $86.15 a barrel after closing at the highest in seven […]
HPCL shares gain 3.3% as Sensex falls
Shares of Hindustan Petroleum Corporation Ltd. traded 3.3 per cent higher in Tuesday’s session at 11:38AM (IST). The stock opened at Rs 325.0 and has touched an intraday high and low of Rs 334.4 and Rs 318.55, respectively, during the session so far. The stock quoted a 52-week high of Rs 339.7 and a 52-week […]
Share price of Power Finance Corp. rises as Nifty strengthens
Shares of Power Finance Corporation Ltd. gained 2.27 per cent to Rs 139.6 in Tuesday’s trade as of 11:07AM (IST). The stock hit a high price of Rs 139.75 and low of Rs 135.75 during the session. The return on equity (ROE) for the stock stood at 19.33 per cent. Traded volume on the counter […]
Adani Green stock price down 1.81 per cent as Sensex climbs
Shares of Adani Green Energy Ltd. fell 1.81 per cent to Rs 1180.05 at 02:03PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 10,588 shares with a turnover of Rs 1.25 […]