Oil and Gas stocks were trading with losses, with the S&P BSE Oil&Gas index falling 448.18 points or 3.11% at 13949.2 at 13:48 IST. Among the components of the S&P BSE Oil&Gas index, Oil & Natural Gas Corpn Ltd (down 5.76%), Indian Oil Corporation Ltd (down 4.74%),GAIL (India) Ltd (down 4.44%),Hindustan Petroleum Corporation Ltd (down 3.53%),Bharat Petroleum Corporation Ltd (down 3.27%), were the top losers. Among the other losers were Petronet LNG Ltd (down 2.68%), Gujarat State Petronet Ltd (down 2%), Castrol India Ltd (down 1.71%), and Indraprastha Gas Ltd (down 0.63%). On the other hand, Reliance Industries Ltd (up 0.33%), moved up.
At 13:48 IST, the S&P BSE Sensex was down 471.71 or 1% at 46488.98.
TMC sees third exit in 2 days as MLA Shilbhadra Dutta resigns
News Network
December 18, 2020
Barrackpore MLA Shilbhadra Dutta resigned from the Trinamool Congress on Friday in the third major exit from the party in the last two days.
Dutta, a two-term MLA, said he has sent the resignation letter to Trinamool Congress chief Mamata Banerjee by email, triggering speculations that he may join a long list of party leaders who have either joined the BJP or is willing to ahead of the assembly elections, likely in March-April. I think that I am unfit in the party in the present scenario. But, I will not resign as an MLA, he told reporters.
SC asks Modi govt to explore possibility of putting 3 farm laws on hold
Agencies
December 17, 2020
New Delhi, Dec 17: The Supreme Court on Thursday asked the Central government to explore the possibility of putting on hold the three farm laws, against which farmers are protesting at different borders of the national capital.
A bench headed by Chief Justice of India (CJI) SA Bobde asked Attorney General KK Venugopal if the government can assure the court that it will not take any executive action on implementation of the law till the court hears the matter. What kind of executive action? Farmers will not come for discussion if this happens, Venugopal said. To this, the CJI said it is to enable the discussion.
Oil and Gas stocks were trading in red, with the S&P BSE Oil&Gas index decreasing 141.11 points or 0.96% at 14576.59 at 13:48 IST. Among the components of the S&P BSE Oil&Gas index, Indraprastha Gas Ltd (down 2.15%), Oil & Natural Gas Corpn Ltd (down 1.33%),Castrol India Ltd (down 1.25%),Indian Oil Corporation Ltd (down 1.14%),Bharat Petroleum Corporation Ltd (down 1.06%), were the top losers. Among the other losers were Hindustan Petroleum Corporation Ltd (down 0.9%), Reliance Industries Ltd (down 0.88%), GAIL (India) Ltd (down 0.44%), and Petronet LNG Ltd (down 0.19%). On the other hand, Gujarat State Petronet Ltd (up 0.02%), turned up.
At 13:48 IST, the S&P BSE Sensex was down 99.85 or 0.22% at 46153.61.
JSPL appoints Hemant Kumar as new CFO ANI | Updated: Dec 15, 2020 17:07 IST
He has been associated with JSPL for more than nine years and is a strategic planner with cross-functional experience of working in close coordination with senior leadership teams in the formulation of business strategy for operating plans and long term plans.
Kumar has over 28 years of experience with leading industrial houses like Dalmia Cement, Jindal Saw Ltd, Hero Motors and Hindustan Petroleum Corporation Ltd. He has been instrumental in efficiently managing the treasury functions and largely responsible for handling a wide portfolio of corporate finance functions.
He is an alumnus of Shri Ram College of Commerce besides a fellow member of the Institute of Chartered Accountants of India and an associate member of the Institute of Cost Accountants of India.