Oil India shares opened with a gain of 2.55% today at Rs 124.90 against the last close of Rs 121.80. Later, the stock touched an intraday high of Rs 126.8, rising 4.11% on BSE

Stock Market News Updates Today: Bajaj Finserv, IndusInd Bank, RIL, Kotak Bank were among the top gainers today, while NTPC, PowerGrid, Asian Paints, ICICI Bank, Tata Motors were among the top losers

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Former MD and CEO of ICICI Bank Chanda Kochhar was granted bail on a bond of Rs 5 lakh and was asked not to leave the country with the court's permission

The court added that Chanda Kochhar got illegal gratification through her husband Deepak Kochhar through various companies by siphoning off money

The ED had filed a money laundering case against the Kochhars, Dhoot and others for illegal sanctioning of loans amounting to Rs 1,875 crore to the Videocon Group of companies

The central probe agency had arrested Deepak Kochhar in September after it filed a criminal case of money laundering after studying an FIR registered by the CBI against the Kochhars, Dhoot and others.

The rating incorporates weak petroleum product demand and gross refining margins (GRMs) in the near term, followed by a gradual recovery and strong marketing margins, reflecting BPCL's ability to reap some benefits from low oil prices

The government is selling its entire 52.98 per cent stake in India's second-largest fuel retailer and third-biggest oil refiner

BPCL will give interested buyers access to around one-fourth of the fuel market share in the world's fastest-growing energy market and 14 per cent of India's oil refining capacity

There were plans to sell off central PSU BPCL's stakes in NRL to private parties but the state government urged the Centre to keep the firm in the public sector and PM Modi agreed to the proposal, says Sarma

Share Market Update : Domestic indices gained on Thursday on back of bullish global equities after remarks by US President suggested that US and Iran were refraining from further military action.

The Cabinet Committee on Economic Affairs had on November 20 given a go-ahead for sale of govt's entire stake in BPCL, SCI, THDCIL and NEEPCO  to a strategic investor along with management control

The CBI alleges that after Kochhar took charge, ICICI Bank sanctioned six loans totalling Rs 1,875 crore to various Videocon companies, most of which have gone bad.

Also calls for investigation into the role of Standard Chartered India CEO Zarin Daruwala, Tata Capital's senior advisor Homi Khusrokhan and others as members of loan sanctioning committees.