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State-run oil firms' shares up on diesel price hike hopes

Last Updated: Thursday, December 26, 2013, 13:02

Shares of state-run oil marketing companies gain after a media report said the petroleum ministry was planning to propose a hike of 5 rupees in diesel prices.

RBI in no hurry to shut forex facility for oil refiners: Rajan

Last Updated: Wednesday, November 13, 2013, 22:31

Seeking to ensure stability in the currency market, Reserve Bank Governor Raghuram Rajan Wednesday said the central bank will not hurriedly close a special window for oil marketing companies (OMCs) to buy dollars for crude oil imports.

Centre favours OMC-NMDC venture to solve raw material crisis

Last Updated: Saturday, September 28, 2013, 21:04

Realising that the raw material linkage was a major hurdle for growth of the steel sector in the state, a collaboration between Odisha Mining Corporation (OMC) and National Mineral Development Corporation (NMDC) was encouraged to help overcome the problem.

Andhra court rejects Janardhana Reddy`s bail plea

Last Updated: Thursday, June 20, 2013, 12:57

The Andhra Pradesh High Court on Thursday dismissed the bail petitions of former Karnataka minister Gali Janardhana Reddy.

OMCs stocks rise as crude oil price slumps

Last Updated: Monday, April 15, 2013, 19:23

Shares of oil marketing companies (OMCs) Monday gained as much as over 5 percent led by BPCL amid lower crude oil prices in overseas market.

OMC case: Suspended IAS officer Srilakshmi surrenders in court

Last Updated: Thursday, March 21, 2013, 14:01

Suspended IAS officer Y Srilakshmi is an accused in the Obulapuram Mining Company scam involving former Karnataka minister Gali Janardhana Reddy.

No relief for mining baron Janardhan Reddy; bail plea rejected

Last Updated: Thursday, March 14, 2013, 21:55

Special CBI Court dismissed the bail plea of mining baron and former Karnataka Minister Gali Janardhan Reddy, a key accused in the illegal mining case involving his Obulapuram Mining Company (OMC).

OMC scam case: Centre nod to prosecute suspended IAS officer

Last Updated: Friday, March 08, 2013, 00:20

CBI got Centre`s nod to prosecute IAS officer Y Srilakshmi, accused in Obulapuram Mining Company (OMC) scam involving ex-Karnataka minister Gali Janardhan Reddy, under Prevention of Corruption Act.

OMC scam: Centre nod to prosecute suspended IAS officer

Last Updated: Thursday, March 07, 2013, 22:35

The CBI has got Centre`s nod for sanction to prosecute suspended IAS officer Y Srilakshmi.

OMC to get interim custody of chopper owned by Janardhan Reddy

Last Updated: Tuesday, January 22, 2013, 21:02

A local court granted interim custody of Bell-407 helicopter to Obulapuram Mining Company (OMC), owned by former Karnataka min Gali Janardhan Reddy

OMC scam: CBI filed charge sheet against Mehfuz Khan

Last Updated: Wednesday, January 02, 2013, 13:27

The CBI filed a charge sheet against K Mehfuz Ali Khan, an accused in the Obulapuram Mining Company (OMC) scam involving jailed former Karnataka minister Gali Janardhan Reddy.

OMC scam: CBI court refuses bail to Mehfuz Ali Khan

Last Updated: Saturday, December 15, 2012, 01:13

A special CBI court here on Friday dismissed the bail plea of K Mehfuz Ali Khan, an accused in the Obulapuram Mining Company (OMC) scam involving jailed former Karnataka minister Gali Janardhan Reddy.