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AI, IoT, blockchain causing fresh threats to cyber security, says Sandeep Gupta of Protiviti
Convenience and cheaper options, why millennials are buying insurance online
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Simplify GST on Auto; peg rate only on 2 factors- sticker price & fuel type
"In polluted Delhi, the diesel car of the future may act like a filter on the road"
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Cabinet gives nod to sell stake in BPCL, 4 other PSUs
BusinessToday.In
New Delhi, November 20, 2019
The Cabinet approved a strategic divestment of the government's 53.29 per cent stake in BPCL, along with transfer of certain management control. This is excluding BPCL's equity share holding of 61 per cent stake in Numaligarh Refinery
Reliance Industries overtakes BP Plc to become world's 6th largest oil company
BusinessToday.In
New Delhi, November 20, 2019
The surge in shares pushed Mukesh Ambani's net worth to $56 billion, making him the richest person in Asia, ahead of Alibaba Group's Jack Ma, as per the Bloomberg Billionaires Index
Why BPCL shares gained 4% in intraday trade
BusinessToday.In
New Delhi, November 18, 2019
Cheering the government stake sale plan, BPCL share price gained as much as 4.38 per cent to touch an intraday high of Rs 528 apiece, after opening higher at Rs 520 against previous closing price of Rs 505.90
Saudi Aramco seeks $1.7 trillion valuation, plans to raise $25.60 billion via IPO
BusinessToday.In
November 17, 2019
Armaco said it plans to sell 1.5% or about 3 billion shares, at an indicative price range of 30 riyals ($8.00) to 32 riyals, valuing the initial public offer (IPO), at 96 billion riyals ($25.60 billion) at the top end of the range.
Saudi Aramco IPO to begin on November 17; prospectus flags terrorism, antitrust law as risks
Reuters
Riyadh, November 10, 2019
The prospectus said the government will have a \"statutory lockup period\" for disposing of any shares after the listing for six months, and a contractual lockup period for 12 months
Saudi Aramco IPO brings cheer to Indian market! Here's why
Nevin John
Mumbai, November 5, 2019
The Saudi government-owned company reported revenues of $356 billion (around Rs 25 lakh crore) in 2018, which is six times the revenue generated by the Mukesh Ambani firm and 25 times the revenue generated by ONGC
Saudi Aramco IPO: Oil giant to list shares on domestic bourse; prospectus issue on Nov 9
BusinessToday.In
November 3, 2019
Saudi Aramco IPO: The world's most profitable company's shares are expected to begin trading in December (2019)
Aramco announces stock market debut but foreign float on hold
PTI
November 3, 2019
Mukesh Ambani's RIL surpasses BP Plc to become sixth largest global energy firm by market cap
BusinessToday.In
New Delhi, October 30, 2019
The Reliance Industries shares have been on gaining spree and touched a fresh 52-week high of Rs 1,484 on the bourses on Wednesday, amid the conglomerate's plan to create a holding company for its digital platform initiatives
Saudi Aramco plans to launch its much-awaited IPO on November 3
BusinessToday.In
October 29, 2019
Saudi Aramco's IPO, which is set to be the largest in the history, is likely to be launched as early as November 3, according to a Reuters report.
Asian stocks rise as China-US trade, Brexit fears recede
PTI
October 28, 2019
Why Saudi Aramco has delayed its mega IPO yet again
BusinessToday.In
October 21, 2019
Saudi Aramco's IPO which was set to be the largest in the history was expected to be launched in late November.
BPCL share gains over 6% on reports of Saudi Aramco likely to buy stake
BusinessToday.In
October 16, 2019
Saudi oil giant Aramco is reportedly mulling investment in BPCL, including possible partnership with Reliance India Ltd
Govt to invite global oil giants to bid for BPCL, HPCL
Nevin John
New Delhi, October 15, 2019
Going by the current market capitalisation of BPCL, the buyer will have to shell out at least Rs 60,000 crore to buy the government's 53 per cent stake and about Rs 30,000 crore for another 25 per cent from the public in the mandatory open offer
Syndicate Bank, Lakshmi Vilas Bank shares hit 52-week low as RBI slaps fine for violating norms
BusinessToday.In
October 15, 2019
Apex lender Reserve Bank of India (RBI) has imposed monetary penalty worth Rs 1 cr on Lakshmi Vilas Bank and Rs 75 lakh on Syndicate Bank, respectively
ONGC, ExxonMobil signs MOU for technical cooperation
Reuters
October 15, 2019
\"Witnessed the exchange of a MoU between ONGC and ExxonMobil to identify areas for exploration in deep water in east and west coast of India,\" Oil Minister Dharmendra Pradhan said in a tweet
ONGC shares rise 2% after PSU inks MoU with EXXON-Mobil
BusinessToday.In
October 15, 2019
This MoU will enable the two petroleum companies to undertake joint technical studies and cooperate in frontier areas like deep water and other Petroleum Exploration Licence (PEL) blocks of ONGC in the east and west coast and open acreages for joint bidding, ONGC said
Saudi oil attack sends Wall Street into the red
PTI
September 16, 2019
Saudi Aramco's first-half net income falls 12% to $47 billion
Reuters
DUBAI, August 13, 2019
By comparison, Apple Inc, the world's most profitable listed company, made $31.5 billion in the first six months of its financial year
Reliance to sell 20% stake in oil-to-chemicals arm to Saudi Aramco; deal to fetch around $15 billion
Reuters
Mumbai, August 13, 2019
The Aramco deal is the latest in a series of moves by Reliance to sell non-core assets, or forge joint ventures, as it seeks to reduce debt that stood a $41.8 billion as of June 30
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