Public Sector

Power Sector Needs Rs 10.31 Lakh Cr - Shinde

New Delhi: The power sector will require Rs 10,31,600 crore investment in 2007-12 to add up generation capacity, in addition to producing and advancing transmission and distribution networks.

Indian Govt. Plans To Dilute Stake In Oil India Along With Oil India IPO

Oil India LimitedThe government is making plans to offload its stake from Oil India (OIL).

Petro Price Increase Looks Imminent

PetrolNew Delhi: Yesterday, the government generally suggested about a rise in petrol and diesel costs, even though it has kept retail prices unaltered.

Petroleum Minister, Murli Deora told, “We are trying very hard to see that prices are not increased, (but) I cannot say if they will never be raised.”

SAIL Q1 Net Up by 10%

Steel AuthoritySteel Authority of India Ltd of India Ltd (SAIL) has declared the result

Thrilling Q1 Figures Turn On PFC

Power Finance CorporationPower Finance Corporation made 14.07% to Rs 199.85 after its quarterly net earnings soared 103.18%. The company announced its quarterly results during the market hours today, 16 July 2007.

Today, the intraday peak of the scrip was Rs 199.90, and an intrady low of Rs 177. It has has its 52-week low of Rs 101 on 3 April 2007.

Refined Q1 Results Fuel CPCL Share Outlook

Chennai Petroleum Corporation Ltd.After reporting an increase of 26.93% in net profit in Q1 June 2007,  Chennai Petroleum Corporation came up 4.32% to Rs 296.95 in afternoon trading. The company declared the quarterly results during the market hours.

At the same time, the BSE 30-share Sensex was up 190.68 points, or 1.27%, to 15,099.

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