Tata Motors delivers India's first hydrogen fuel cell buses to Indian Oil
In June 2021, Tata Motors had won a tender from IOCL to provide 15 FCEV buses to evaluate the potential of hydrogen-based PEM fuel-cell technology in India.
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Oil stocks rally; BPCL, HPCL, IOC hit 52-week highs
Among other state-owned OMCs, Oil India, GAIL (India), ONGC shares surged up to 4% amid strong volume trade.
IOCL Q4 profit soars 52% to ₹10,841 cr; stock rises
Shares of Indian Oil Corporation Ltd rose as much as 4% to ₹87.65 apiece on the NSE
Govt sanctions ₹800 cr for oil PSUs to set up charging stations under FAME II
India's public sector oil companies will set up 7,432 public fast charging stations across the country.
Indian Oil to invest ₹61,077 cr to set up petchem complex in Odisha
This mega project will be the largest-ever investment of Indian Oil at a single location, which will improve the petrochemical intensity index of the company
Indian Oil inks pact with NTPC Green for RE projects; stocks down
The JV agreement between the two PSUs is in line with the central government’s decarbonisation push towards a low carbon future and net zero emissions.
Losses of state-run OMCs to ease amid lower crude oil prices: Moody's
India's windfall tax on exports of locally-produced oil has helped reduce the state-owned refining and marketing companies' marketing losses, says Moody's.
Q3 results: Oil and gas cos to see strong sequential growth in Dec quarter
OMCs such as IOCL, BPCL, and HPCL are likely to swing back to the black, thanks to sharp narrowing of marketing losses on retail fuels and steady GRMs.
Petrol prices rose 19%, diesel by 26.5% in 2 yrs: Govt
State-run oil marketing companies have booked a combined loss of ₹27,276 crore in the first six months of the ongoing financial year, says Union minister Hardeep Puri.
Ion Exchange share hits fresh all-time high; doubles in just 4 months
The smallcap stock has nearly doubled to ₹2,982.60 in intraday today, from its 52-week low of ₹1,500.70 on July 29, 2022.
