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Oil and Gas shares edge higher

Energy shares slide

Placements, survey results, webinars and more news from world of education

JKLU students restore old bike Final-year Mechanical Engineering students from J.K. Lakshmipat University restored a scrapped bike to make it like today’s bikes in just 18 days. Abhimanyu Shankar, Anirudh Pareek, Piyush Singh Pawar, and Prashant Chaudhary bought a damaged bike for ₹3000 and converted the engine from four-clutch plate to five-clutch plate system, designed a new gas gauge and modified the design to provide a new look. Dr. Ravi Shankar Prasad, Associate Professor, Department of Mechanical Engineering, congratulated the students and said that others should also come forth with such innovative ideas. Learning Spiral manages BHU’s admissions and exam process

Oil and Gas stocks edge lower

Read more about Oil and Gas stocks edge lower on Business Standard. Oil and Gas stocks were trading in red, with the S&P BSE Oil&Gas index decreasing 122.49 points or 0.71% at 17231.83 at 13:49 IST.

Why Oil Marketers May Be Staring At Lower Profits In Q1

Why Oil Marketers May Be Staring At Lower Profits In Q1 Jun 07 2021, 8:02 AM June 07 2021, 8:02 AM June 07 2021, 8:02 AM Lower inventory gains, high retail fuel prices and pressure on the refining segment may lower profits for India’s oil marketing companies sequentially in the quarter ending June, a period when a deadlier second wave of the coronavirus pandemic slowed down demand.Early estimates available on Bloomberg showed that adjusted earnings per share of Indian Oil Corp. and Bharat Petroleum Corp. stood at Rs 4.38 and Rs 11.26, respectively, in . Lower inventory gains, high retail fuel prices and pressure on the refining segment may lower profits for India’s oil marketing companies sequentially in the quarter ending June, a period when a deadlier second wave of the coronavirus pandemic slowed down demand.

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