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Traders were separated on whether the commodity has bottomed out after a plunge of almost 60% since June[/b] Oil costs cut down in Asia today following a three-day rally as traders were separated on whether the commodity has bottomed out after a plunge of almost 60% since June, analysts told...

The NTPC has accounted negative proceeds growth in three quarters[/b] State-run power generator NTPC accounted single-digit growth in income and minor decline in profits during the quarter ended December expanded its two-year run of muted earnings’ expansion. The corporation accounted a seven...

Also plans to spend Rs 13,000 crore in hydrocarbon exploration and manufacture in Mozambique and Brazil in excess of the next four years[/b] State-run Bharat Petroleum Corporation Limited is planning to increase $2 billion through medium-term notes to economics its capex initiatives. Fitch...

Also plans to spend Rs 13,000 crore in hydrocarbon exploration and manufacture in Mozambique and Brazil in excess of the next four years[/b] State-run Bharat Petroleum Corporation Limited is planning to increase $2 billion through medium-term notes to economics its capex initiatives. Fitch...

Cairn’s contractual term for exploring as well as manufacturing oil and gas from Rajasthan Block RJ-ON-90/2 terminated in 2020[/b] In a surprise turn of events, nationalized Oil and Natural Gas Corporation (ONGC) has concurred to its colleague, Cairn India, retaining the productive Rajasthan...

The units are anticipated to be made to order throughout 2017 and 2018[/b] [/b]The primary entity of the thermal power station-II development assignment has attained the entire consignment and would be specially made by this month closing stages, a top Neyveli Lignite Corporation...

To maintain lenders in self-assurance prior to re-allowance of coal mines, the coal agency held a conference with key banks and financial organizations on Thursday. The organization anticipates involving the lenders vigorously in the e-sale of coal mines. "Lenders are an significant connection...

He said his communication to overseas shareholders is that India story is getting stronger and back to its superior development period[/b] Convinced regarding overseas and domestic shareholders contributing in a huge manner in the Indian development story, Union Minister Piyush Goyal on...

The plant has been guaranteed fresh coal supply agreement by Western Coalfields Ltd[/b] NTPC’s initial plant in Maharashtra’s Mouda region may perhaps run up to its full capability within subsequent couple of months since it has been guaranteed fresh coal supply agreement by Western Coalfields...

In proportion to sources, the plan to advertise 24.27 crore equity shares in IOC was mooted subsequent to big-ticket disinvestment in ONGC acquired wedged in subsidy woes[/b] The management is likely to advertise 10% of its bet in Indian Oil Corp, the nation’s largest company, this economic to...

A lot of property manufacturers, fraught with declining home sales and high price of borrowing, judge the cut would facilitate bring back forthcoming consumers[/b] Property manufacturers were alleviated at Thursday’s rate cut by the Reserve Bank of India (RBI). Real estate manufacturers across...

A lot of property manufacturers, fraught with declining home sales and high price of borrowing, judge the cut would facilitate bring back forthcoming consumers[/b] Property manufacturers were alleviated at Thursday's rate cut by the Reserve Bank of India (RBI). Real estate manufacturers across...

Accenture has launched a Ports Center of Excellence in Hong Kong which is focused on providing terminal operators with process excellence and technology implementation for performance management, operations management and enterprise management. Industry specialists at the Accenture Ports Center...

May as an alternative divest stake in companies similar to NHPC, NMDC to meet divestment target;[/b] The depressed share costs of public sector behemoths Coal India as well as ONGC is forcing the Finance bureau rethinks its decision to reduce its stake in the two companies, top administration...

NEW DELHI: Road ministry has moved a proposal, looking for a policy decision to restart about 86 languishing highway projects that have become unviable. It has planned easy “foreclosure” of such assignments so that private developers can storm out of the projects, paying minor “penalty”. The...

Rhenus Logistics India Pvt. Ltd., the Indian arm of the globally valued Euro 4 Billion Rhenus Group, announced opening of second warehouse near Chennai, spread in an area of 55,000 sq. ft. With opening of this warehouse, Rhenus now has two multi-user facilities, with about 1 lac sq. ft of...

The ministry steps in to solve the row between NTT Docomo as well as Tata Sons regarding Tata Teleservices subsequent to RBI referred the subject to the govt[/b] The Union finance bureau has stepped in to solve the appraisal row amid Japanese telecom major NTT Docomo as well as Tata Sons...

NEW DELHI:[/b] Iran has required additional suppleness in using a projected $6 billion in accumulated oil imbursements from India to purchase “non-authorized” objects - ahead of “civilized goods” — from third countries as descending crude rates instigate to pinch. Top government foundations...

Gadkari said the finance department should talk to banks for more suppleness in the direction of the shipping division[/b] The shipping department has numerous proposals for the finance department prior to the Union Budget 2015-16, anticipated in February. Nitin Gadkari, minister for road...

MUMBAI: nationalized oil marketing companies (OMCs) have put in so far as Rs 40,000 crore of liquidity back in the banking system by refunding their elevated price debt as the cost of crude oil softens in the global market. Corroborating the move, Indian Oil Corporation (IOC) chairman B Ashok...