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Hurricane in Houston strengthens refining stocks

Hurricane in Houston strengthens refining stocks

08/29/2017 2:44 PM | Tuesday | By DSIJ Team

In the wake of a hurricane hitting Houston in the US, refining stocks have been gaining grounds on the bourses with the market betting on margin surges.

Government announces OFS to sell 5% stake in NTPC

Government announces OFS to sell 5% stake in NTPC

08/29/2017 12:22 PM | Tuesday | By DSIJ Team

NTPC Limited, a public sector power generation company, announced that the Government of India has proposed to sell up to 41.22 crore shares or 5% stake of the company.

Vijaya Bank to raise funds through QIP

Vijaya Bank to raise funds through QIP

08/29/2017 10:37 AM | Tuesday | By DSIJ Team

Vijaya Bank opened its Rs 1,000-crore share sale to institutional investors through qualified institutional placement (QIP) route on Monday.

Hindustan Copper announces investment plan of Rs 5,000 crores

Hindustan Copper announces investment plan of Rs 5,000 crores

08/23/2017 1:02 PM | Wednesday | By DSIJ Team

With the company planning to invest around Rs 5,000 crores over the next four years, the scrip of Hindustan Copper soared by over 2% intraday during Wednesday’s trading session.

ONGC may acquire 51.11% stake in HPCL

ONGC may acquire 51.11% stake in HPCL

08/22/2017 2:05 PM | Tuesday | By DSIJ Team

The board of Oil and Natural Gas Corporation (ONGC) has given in-principle approval for a proposal to acquire 51.11% of the shares of Hindustan Petroleum Corporation (HPCL) from the Government of India.

IOC scrip shoots up after company reveals expansion plan

IOC scrip shoots up after company reveals expansion plan

08/21/2017 11:32 AM | Monday | By DSIJ Team

Indian Oil Corporation (IOC) will invest about Rs 52,000 crore in expanding the Paradip refinery and setting up a petrochemical complex, the scrip’s price increased by over 1% intraday during Monday’s trading session.

Sasken Technologies and PTC to leverage expertise in IoT space

Sasken Technologies and PTC to leverage expertise in IoT space

08/19/2017 10:08 AM | Saturday | By DSIJ Team

Sasken is working on developing its industrial IoT solutions leveraging the ThingWorx industrial IoT platform and Kepware technology from PTC.

New refinery deal pushes HPCL scrip higher

New refinery deal pushes HPCL scrip higher

08/18/2017 12:10 PM | Friday | By DSIJ Team

Hindustan Petroleum Corporation (HPCL) has signed a joint venture agreement with the Government of Rajasthan for an upcoming refinery in Barmer at a cost of Rs 43,129 crore

Agreement with HPCL for Barmer refinery will benefit Rajasthan government

Agreement with HPCL for Barmer refinery will benefit Rajasthan government

08/18/2017 10:23 AM | Friday | By DSIJ Team

Hindustan Petroleum Corporation Ltd. has entered into a joint venture agreement with the Government of Rajasthan for an upcoming refinery at Barmer, the cost of which will be Rs 43,129 crore.

Weak Q1FY18 results push down the scrip values of J K Tyre and Coal India

Weak Q1FY18 results push down the scrip values of J K Tyre and Coal India

08/16/2017 11:38 AM | Wednesday | By DSIJ Team

Against the background of weak Q1FY18 results, the shares of J K Tyre slipped by over 4% intraday on Wednesday.

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