JUST IN
Auto parts sourcing start-up CapGrid raises $7 mn in series A from Nexus
Edible oil makers get additional 6 months to remove packing temp details
CPP Investments anchors new IndoSpace fund with $205 mn investment
Adani Group CFO says stocks rout similar to colonial-era massacre
Dutch electronics giant Philips to cut 6,000 jobs worldwide over next 2 yrs
Air India to use new program for real-time reporting of in-flight incidents
Coworking firm Smartworks forays into Ahmedabad with 56k sq ft office space
India's Laurus Labs posts 32% profit jump on demand for drug ingredients
RE company SolarArise sells portfolio to LSE-listed investment trust
Most customers don't trust organisations over their data use in AI
You are here: Home » Companies Ā» News
Statutory auditors to submit annual transparency report, says NFRA
icon-arrow-left
Spencer's Retail casts net wide to reel in value-conscious consumer
Business Standard

OMCs likely to see a short-term bounce-back on improved Q3 showing

Given the concerns around biz, though, a full turnaround is unlikely anytime soon

Topics
oil marketing companies | Dipam | Crude Oil Prices

Devangshu Datta 

Photo: Bloomberg
Photo: Bloomberg

The Department of Investment and Public Asset Management (DIPAM) secretary recently announced that dividends payable by (public sector undertakings) PSUs may be impacted this year by losses in the oil marketing companies (OMCs).

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.
OR

Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

Read our full coverage on oil marketing companies

First Published: Mon, January 16 2023. 20:53 IST

`
RECOMMENDED FOR YOU
.