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RIL shares lose ground as gas price hike deferred

SPOTLIGHTEntertainmentHappy New Year pockets 20 in film product placementThe concept of placing brands within a movie has caught on in recent years with many bigbudget movies featuring number of brands.

No one ever gets the most iconic part of 'Game Of Thrones' right: MartinFashion portals reveal the top queries to be on every buyer's mindIndo China issuesIndia may build airport near China border: V K SinghHe said India was hopeful of building an airport in Tawang while the work on another airport at Pashighat in Arunachal Pradesh was underway.

China to construct new rail line in Tibet close to Arunachal PradeshITBP jawans learn Chinese to avoid confusion with PLAFadnavis' Maha RejigFadnavis should focus on improving Mumbai's aging infraIt is not that nothing has changed. In the past two years, a slew of infrastructure projects was commissioned. But, this simply isn enough.

Maharashtra CM Devendra Fadnavis reviews status of key departmentsShiv Sena seeks key posts in Maharashtra governmentPoli talkHas Akhilesh Yadav come of age in politics?For a good part of the 2.5 yrs that he has been in the post, Akhilesh has been continually attacked for poor governance slumping law and order.

Cong ends alliance with JMM in Jharkhand; it's advantage BJPPeace returns in Delhi's Trilokpuri as communities talk cooperationNewsmakersWarren Anderson The man who barely existedAnderson was highly praised for "Anadrol 50" his courage in going to Bhopal four days after the accident, where he was immediately arrested.

Former Android head Andy Rubin leaving GoogleUttarakhand governor Aziz Qureshi speaks against cow slaughterMaharashtra PoliticsFadnavis's oath ceremony turns into mini KumbhA 100 from all parts of the state were given invites, with Masteron For Endurance a special VIP gate ushering them in safely to the chagrin of those who couldn't make it.

Shiv Sena's advise to new BJP govt: Don't take people for grantedView: BJP will have to grapple with discontent in MahaOffbeatPamban Bridge may give way to save Ram SethuThe govt is considering options to allow big ships to pass through the Pamban Strait, where two bridges are major "Achat Anabolisant Belgique" hindrance to maritime movement.

Minding your manners still paysBiz lessons from Thomas A Timberg book The Marwaris: From Jagath Seth to the BirlasConsumer ConnectPetrol price cut by Rs 2.41/litre, diesel rate by Rs 2.25The reduction in rates of petrol diesel, which was deregulated for the first time in more than a decade, will be effective from midnight, IOC announced.

Dabur Chyawanprash in biscuits and bars variants to attract young customersGovernment considers ban on e cigarettes, sale of single smokesTalent HuntingIndian e comm goes talent shopping in Silicon ValleyAs e comm cos scale up their biz dramatically, they "Anaboliset Aineet" being forced to look overseas Silicon Valley in particular for people with the skills.

Industry goes innovative with staff referral "Anaboliset Aineet" plans; offers attractive rewardsRules that make you a leader ready to make a markSmartphone EraEnd of an era for Nokia smartphonesMicrosoft will use the Nokia brand for 10 years and has decided to re Oxymetazoline High brand the Nokia Lumia range of smartphones to Microsoft Lumia.

Microsoft Oral Steroids With Or Without Food unveils fitness band, app in wearables marketEight awesome cases for your new Apple iPad Air 2Congress ConundrumRahul must take over as Cong prez: Digvijaya SinghThe time has come for Rahul to "buy cheap jintropin online" take full charge of Congress as its leader while Sonia Gandhi can continue to mentor the party, said Digvijaya.

Rahul Gandhi starts deliberations after string of poll reversesCongress accuses Modi of not showing 'proper respect' to Indira GandhiEconomyGovt mulls gold mining proposal to curb trade deficitThe government is considering a proposal to allow a private company to commercially extract gold from Ganajur gold mines in Karnataka.

Higher tax refunds putting pressure on fiscal deficit: Arun JaitleyFiscal deficit nears 83 per cent of Budget Estimates in end September

MUMBAI: Shares of energy behemoth Reliance Industries on Thursday lost ground with a fall of nearly three% in its price after the government postponed decision on a hike in natural gas prices, pending a "comprehensive" review.

However, shares of fertiliser firms rose sharply as a hike in natural gas prices is expected to have adverse financial implications for them.

Shares of state run ONGC also fell over 5% to Rs 414, while that of Oil India Ltd was down nearly four% to Rs 566.20 at the BSE.

RIL stock was down 2.6% to Rs 1,023.75 in late morning trade after hitting a low of Rs 1,015.75 earlier in the opening trade at the BSE.

In a setback to gas producers like RIL, the Cabinet Committee on Economic Affairs last evening postponed a revision in natural gas prices by three months and decided that comprehensive discussions were necessary on the issue.

"It was decided that consultations would be held with all stakeholders and it was important to keep public interest in mind," Petroleum and natural gas minister Dharmendra Pradhan said after the CCEA meeting.

Among fertiliser firms, shares of Chambal Fertilisers and Chemicals rose nearly 3% and Rashtriya Chemicals and Fertilisers gained about two%.

Among others, Deepak Fertilisers, Coromandel International, National Fertilizers, Gujarat State Fertilizers and Zuari Global were also up by about 1% in opening trade.