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According to analysts, the government will try to get higher value in BPCL by maintaining better financial health through higher net marketing margins on petrol & diesel, which would benefit all oil marketing companies (OMCs).
S&P hits record, Nasdaq jumps 1% as weak jobs data eases Fed tapering worriesThe Labor Department's closely watched employment report showed U.S. employers hired far fewer workers than expected in April, with nonfarm payrolls increasing by only 266,000 jobs last month after rising by 770,000 in March.… Read MoreLIC goes easy on claim settlement requirementsTo address the difficulties experienced by policyholders in submitting documents required for claim settlement in the servicing branch, the insurer has allowed submission of documents in any nearby LIC office for due maturity… Read MoreBetting on high-yield stocks emerges as winning strategy in AsiaWhile stocks that pay relatively large dividends are rising globally, for the most part the gains are happening in-line with the wider market. Not so in Asia though, where MSCI Inc.’s key gauge for this category of shares has… Read MoreBezos sells $2.4 billion of Amazon in second wave this weekBezos sold 739,032 shares under a pre-arranged trading plan, according to U.S. Securities and Exchange Commission filings, days after he disposed of an identical amount. He said earlier this week in a filing that he plans to … Read MoreIrdai remains headless amid raging pandemic The Insurance Regulatory & Development Authority of India (Irdai) has turned headless after chairman S C Khuntia retired on May 6 without a successor being appointed.
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