How the markets will fare this week

Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Illustration: Uttam Ghosh/Rediff.com Market......

Oil India share sale fully covered

A $575 million share auction in state-run Oil India Ltd was fully covered on Friday, provisional data from the National Stock Exchange showed. By 2.59 pm, the offer had received bids for 75 million......

State-run oil companies can't misuse their freedom

Minister of State for Petroleum and Natural Gas Jitin Prasada has said state-run oil companies have the freedom to fix petrol prices, but the government will step in if rates shoot up......

Oil India IPO on schedule: Govt

Government on Friday said it does not expect the stock market volatility to affect the schedule of the forthcoming initial public offer of state-run Oil India Ltd and the issue will proceed as per......