Tag: Oil

Real Estate Tycoon Buys Up Oil Assets At Rock Bottom Prices

Sam Zell, the real estate mogul, has acquired oil assets across the United States at ‘fire-sale’ prices, as U.S. drillers sell assets to raise cash which is scarce in the oil patch these days, the billionaire told Bloomberg TV in an interview on Thursday. Zell, founder and chairman…

Indiabulls Housing Finance, Indian Oil Rise After Inclusion In Nifty

Indiabulls Housing Finance and Indian Oil Corporation (IOC) shares were in focus on Friday, after their inclusion in the Nifty 50 index. Housing mortgage company Indiabulls Housing Finance is now part of the National Stock Exchange or NSE’s 51-scrip benchmark index- Nifty 50. Indian Oil Corporation,…