Articles by "BPCL"
Kochi, Aug 20: Relief material from different parts of the country has started arriving at the port here to provide some succour to the people of Kerala devastated by unprecedented floods in about a century, officials said today.
A Cochin Port Trust official said Naval Ship INS Deepak, carrying relief material from Mumbai, arrived with about 800 tonnes of fresh water and nearly 18 tonnes of provisions.
Fresh water is being ferried on two barges to the affected areas. Trucks carrying provisions are being rushed for distribution, he said.
The official said another consignment of relief material sent by the shipping fraternity under an initiative of the Ministry of Shipping arrived at Vallarpadam.
A vessel with 50000 MT of crude from Mumbai has been diverted by BPCL to the Cochin port to meet the fuel demand of Kerala.
Incessant rains over the last few days have blurred the distinction between Kerala's backwaters and roads with sheets of water covering the landscape, but the state is facing shortage of potable water. Several fuel stations in the state are also reported to have run dry.
The Cochin Port Trust has set up a relief camp for the affected people from Koonamavu and Vypeen at Sir Robert Bristow Memorial School on Willingdon Island.
Doctors from port trust hospital examined the inmates and provided them medicines.
Volunteers comprising the port staff and their family members, customs and CISF are lending a helping hand at the camp.
Relief material mobilized by all major ports under the shipping ministry are being stored at Tuticorin port in Tamil Nadu and are expected to reach the Cochin port in the coming days, the official said.
The Cochin Port Trust had decided to contribute Rs 62 lakh to the Chief Ministers Relief Fund. (PTI)
Mumbai, Jul 17: The BSE Sensex recovered over 107 points to 36,431.17 in early trade today on fresh buying by investors after a sharp drop on global crude oil prices and a strengthening rupee.
The 30-share index, which had lost 224.64 points in the previous two sessions, rebounded 107.40 points, or 0.30 per cent, to 36,431.17 with stocks of oil & gas, FMCG, infrastructure, PSU, banking, consumer durables and auto sectors rising by up to 1.69 per cent.
Similarly, the broader NSE Nifty was trading 40.20 points, or 0.37 per cent, higher at 10,977.05.
Major gainers that supported the recovery were Tata Motors, Sun Pharma, Adani Ports, Yes Bank, Tata Steel, ICICI Bank, Vedanta Ltd, M&M, ONGC, RIL, Maruti Suzuki, Bajaj auto and Infosys.
Shares of state-run oil marketing companies such as HPCL, BPCL and IOC were back in demand and rose by up to 3.34 per cent, supported by a sharp fall in crude prices.
Shares of FMCG major Hindustan Unilever advanced 1.48 per cent to Rs 1,779.95 in early trade after the company yesterday posted a 19.17 per cent increase in standalone net profit at Rs 1,529 crore for the first quarter ended June 30.
Traders said besides encouraging earnings posted by some bluechip companies, a mixed trend at other Asian markets as investors tracked overnight gains on Wall Street, influenced trading sentiments here.
Investors were also awaiting US Federal Reserve Chairman Jerome Powell's first congressional testimony for hints on the pace of interest rate hikes, the added.
Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net of Rs 625.68 crore, while domestic institutional investors (DIIs) offloaded shares worth a net of Rs 70.30 crore yesterday, provisional data showed.
Elsewhere in Asia, Japan's Nikkei rose 0.77 per cent, while Singapore Index was up 0.29 per cent in early trade today. However, Hong Kong's Hang Seng was down 0.92 per cent and Shanghai Composite Index fell 1.01 per cent.
The US Dow Jones Industrial Average ended 0.18 per cent higher in yesterday's trade. (PTI)
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