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Popular Articles

Nissan plans electric vehicle for India
Japanese car maker Nissan today said it would consider launching electric vehicles in the Indian market within few years as part of its global plan to roll out cleaner and alternative fuel technology.

CIL to commission 19 washeries entailing Rs 3K cr investment
Coal India, the country"s largest coal producer, is set to commission 19 washeries over the next five years with an investment of Rs 3,000 crore.

News of the day

No termination of Alliance Airlines' cabin crew: minister
The cabin crew of Alliance Airlines will not be terminated though its Boeing aircraft will be used as freighters, Civil Aviation Minister Praful Patel informed Rajya Sabha today.
Home Business

ONGC jumps on fuel price hike

The ONGC scrip rose 7 per cent to close at Rs 1,126.45 on fuel price hike. The government raised the price of petrol by Rs 4 a litre and diesel by Rs 2 after market hours on July 1. Following the hike, experts believe that the ONGC"s subsidy burden for the current year would reduce if the crude prices stay at around $70 a barrel. The stock opened at Rs 1,081.1 and made a high of Rs 1,155.7 and a low of Rs 1,076.1. The total traded volumes stood at 1.9 million shares (around 4 times its two-week average).


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