360° Coverage : ONGC shares fall 2.5 per cent on weaker-than-expected earnings

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ONGC shares fall 2.5 per cent on weaker-than-expected earnings

Source: Economic Times, Nov 9 2012, 12:39am CST

MUMBAI: Shares of Oil and Natural Gas Corp (ONGC) today lost over 2 per cent after it reported 32 per cent drop in profit, biggest in almost four years. The scrip of the state-owned firm opened weak and further lost 2.48 pe ...

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10

17 minutes ago

Gas prices soar; oil price falls

Source: The Daily News  |   May 20 2013, 11:47am CDT

The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks. The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular is $3.66. Midgrade costs an average of $3.84 a gallon, and pr ...

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9

29 minutes ago

Infosys to appeal against tax demand

Source: Webindia123  |   May 20 2013, 11:35am CDT

Indian IT bellwether Infosys Ltd Monday said it would appeal against the notice of the income tax department demanding Rs.577 crore as outstanding dues for fiscal 2008-09. "We are in the process of filing an appeal before the commissioner of inc ...

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Update
8

31 minutes ago

TSH Resources Q1 profit jumps to RM19.9m

Source: Business Times Malaysia  |   May 20 2013, 11:33am CDT

Published: 2013/05/21 KUALA LUMPUR: TSH Resources Bhd’s net profit surged 32 per cent to RM19.9 million for the first quarter ended March 31 from RM15 million in the same quarter last year. Revenue was RM280 million, up from RM227 million recorded ...

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7

33 minutes ago

Oil rises on higher US stocks, falling dollar

Source: FindLaw: AP Professional News  |   May 20 2013, 11:31am CDT

NEW YORK (AP) — The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery was up 86 cents, or 0.9 percent, to $96.88 a barrel in midday trading on the New York Mercantile Exchange. Oil ...

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6

55 minutes ago

Chidu, PMO Moily to decide export parity pricing on Tue

Source: Moneycontrol.com  |   May 20 2013, 11:09am CDT

Finance minister P Chidambaram, petroleum minister Veerappa Moily and the PMO will meet on Tuesday to decide on the export parity pricing of petroleum products, reports CNBC-TV18's Nayantara Rai, quoting ...

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5

1 hour ago

Campbell Soup Shares Climb Following Revised Earnings Guidance

Source: TDNpost.com  |   May 20 2013, 10:49am CDT

This morning, Campbell Soup (CPB) announced fiscal third quarter earnings climbed to $181 million, or 57 cents per share, as revenue jumped to $2.09 billion. Adjusted earnings totaled 62 cents per share, meaning the company beat co ...

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4

1 hour ago

Divi's Lab Q4 net dips 17% to Rs 181 cr

Source: Moneycontrol.com  |   May 20 2013, 10:46am CDT

Divi's Lab posted a net profit of Rs 216.91 crore in the same period of previous fiscal. Net sales of the company stood at Rs 655.83 crore for the fourth quarter, compared to Rs 718.04 crore in the same period of 2011-12 fiscal. Like this story, share ...

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1 hour ago

Trading Urban Outfitters Inc. Ahead Of Earnings

Source: Seeking Alpha  |   May 20 2013, 10:33am CDT

Shares of specialty apparel retail company Urban Outfitters, Inc. (URBN) are trading near all-time highs at $44.54 per share ahead of the company's first quarter fiscal 2014 earnings announcement on Monday, May 20. ...

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2

1 hour ago

PSBs expected to raise Rs 9.60 lakh cr in 10yrs: Report

Source: Moneycontrol.com  |   May 20 2013, 10:26am CDT

Public sector banks (PSB) are estimated to raise Rs 9.60 lakh crore in 10 years period ending March 2021 assuming loan-growth of 20 percent, said a report by consultancy firm KPMG. "Assuming an annual credit growth rate ...

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1

1 hour ago

Coal India net up 90% on dividend income

Source: Business Today  |   May 20 2013, 10:21am CDT

Riding on dividend income paid by its subsidiaries, Coal India Ltd (CIL) on Monday reported nearly 90 per cent jump in standalone net profit at Rs 2,320.61 crore for the fourth quarter ended March 31. The world's largest coal pr ...

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