The central government is considering mergers of similarly placed state-owned companies in the defence sector. The first among these could be of Mazagon Dock Shipbuilders (MDS) and the smaller Goa Shipyard Ltd (GSL), this newspaper has learnt.
Prime Minister Narendra Modi on Sunday exhorted state chief ministers to speed up capital expenditure and infrastructure creation, now that the Budget had been passed and funds were available from the start of the year.
After settling the long-drawn dispute with the West Bengal government over the shareholding pattern in its flagship project, Haldia Petrochemicals Ltd (HPL), Purnendu Chatterjee-owned The Chatterjee Group (TCG) has started consolidating itself in the state, making Haldia, a port city in West Bengal its stronghold in the country.
Petroleum Minister meets Chief Minister of Jammu and Kashmir in Srinagar Deliberations held on various issues in Petroleum Sector in the State of J&K
Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan met the Chief Minister, Jammu and Kashmir
The renewable energy solutions provider Suzlon Group has won a fifth successive order from ReNew Power Ventures Pvt Ltd for its 100.80 MW wind power project.
The IMF on Friday said that post demonetisation, India’s growth is projected to rebound to 7.2 per cent in fiscal year 2018 and further to 7.7 per cent the next year.
For Mukesh Ambani’s Reliance Industries (RIL), the March-ended quarter might prove sequentially better, on the back of refining and petrochemical segment performance, analysts say.
Reliance Industries Ltd (RIL) has successful commissioned the second and final phase of para-xylene (PX) project comprising PX crystallisers trains, trans-alkylation and aromatic extraction units at Jamnagar.
At a time when India is trying to cut its oil import by 10%, a study by S&P Global Platts today stated that India’s crude oil demand is expected to go at a compound annual growth rate of 5% per year till 2020.
Rolls-Royce sets up Bengaluru facility to support engine fleet Significant move, given concerns over Sukhoi-30 and MiG-29 engines
Rolls-Royce has opened a facility in Bengaluru to support the 750 Rolls-Royce engines that power Indian military aircraft, and provide repair and service to engines that urgently require it.