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IOC BONUS ISSUE
US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...
LIC emerges as highest profit-making financial company in March quarterLife Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...
Corporate Radar: Bajaj Auto, Biocon to turn ex-dividend; MMTC Q4 earnings, HDFC AGM & moreShares of DU Digital Global and Paisalo Digital will go ex-split today. DU Digital Global had announced the splitting of shares into face v...
IOC slides 4%; auto fuel sale losses, petrochemicals margin squeeze pull down Q4 PATThe oil marketing company said its consolidated net profit for the quarter ended March stood at Rs 6,645.72 crore, down 26.37 per cent from...
IOC board approves 1:2 bonus share issue; Q4 profit falls 26.4% YoYThe allocation is subject to the approval of shareholders through postal ballot. The Board has fixed July 1, 2022 as record date to determi...
After CAG expose, government asks oil companies to recover Rs 108 crore from staffThe ministry has informed the CAG that it has examined the matter in consultation with IOC and BPCL and directed both companies to recover ...
IOC Q1 net profit up 25.4% YoY to Rs 8,270 crore; board approves 1:1 bonusTotal sales slipped marginally by 6.1 per cent to Rs 1.07 lakh crore for the quarter ended June 30 from Rs 1.14 lakh crore reported for the...
Government asks Nalco to buyback its 25 per cent equity"Finance Ministry has written to us to direct Nalco to buyback 25 per cent of the shares," Mines Secretary Balvinder Kumar said.
- PSUs including NTPC, BHEL, SAIL, ONGC and IOC issuing bonus shares may be given better government appraisal
Cash-rich PSUs which will issue bonus shares, largely accruing to the government, may get a better annual performance appraisal, sources sa...
- Go short on IOC & HP; play BP as contra : Sharyan Resources
HP and IOC are very close to their last levels of supports.
- No timeline for IOC FPO yet: Govt
The government has not yet fixed any timeline for the public offering of Indian Oil Corp (IOC), even as the share sale of Oil and Natural G...
- ONGC says it's for stock split before follow-on public offer
ONGC had given a 5% discount in 2004 when it floated its IPO which has yielded the highest ever divestment revenue of more than Rs 10,000 c...
- Indian Oil, Oil India in talks to buy into Essar's Myanmar gas block
State-owned oil companies Indian Oil and Oil India are in talks with the Essar group to pick up 20% stake each in a gas block in Myanmar th...
- MMTC disinvestment likely this fiscal: Khullar
The government said it is likely to dilute its stake in trading firm MMTC through a follow-on offer in the current fiscal.
India Inc goes slow on bonus shares, stock splitsA total of 39 cos have issued free shares to its shareholders in the current calendar so far. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A,...
- IOC shareholders approve 1:1 bonus issue
State-run refiner Indian Oil Corporation on Tuesday said its shareholders have approved a bonus issue of one share for every share held.
- Scrap import duty on crude: CPM
The government’s plans to direct oil PSUs to issue bonus share has prompted the Left to reiterate its “do-not-increase-fuel-price” demand.
- Capital Gains: Blue-chip PSUs may pay bonus
The Prime Minister’s Office may issue a directive to PSUs having paid-up capital over Rs 100 cr to consider issuance of bonus shares. 10 pe...
- IOC should be cautious over govt's demand of bonus shares
IOC, with its wonky topline growth, ought to avoid higher payouts at this juncture.
- Big Gains: IOC told to weigh bonus
The govt has asked the company to consider a bonus issue, as its reserves and surplus have mounted to Rs 33,689 cr, almost 29 times its pai...