Oil prices have shown no signs of cooling off. This is troublesome for aviation companies, as fuel accounts for a big share of their overall costs. With the March quarter results season on, Indian airlines—InterGlobe Aviation Ltd, Jet Airways (India) Ltd and SpiceJet Ltd—should see the adverse effects of higher crude oil prices on their numbers. However, a strong rupee is expected to offer relief.
With global water supplies already strained, the shift to a water-smart approach to energy could not be more urgent.
Even as larger issues around sustainability take centre stage in the wake of World Earth Day, some companies have been implementing responsible consumption practices for a greener workplace.
The NatGeo documentary on Pradhan Mantri Ujjwala Yojana features four women and the transformation in their lives after the introduction of the LPG cylinder
State-owned fuel marketers will continue paying debit card transaction fees of 0.75% on behalf of their dealers, as banks have refused their request to lower the rate to 0.65%, two officials aware of the development said.
Sebi is considering to get a forensic test done on financial statements and disclosures made by ICICI Bank amid a row over alleged conflict of interest involving the lender’s CEO Chanda Kochhar and her husband.
Vedanta’s acquisition of the crippled Electrosteel Steels is credit neutral on the resources major as it will have only a marginal impact on its overstretched balance sheet, says a report.
India’s steel production rose to 86.7 million tonnes in the nine months to December 2017 from 73.96 million tonnes in the year-ago period, steel ministry data shows.
Tata Petrodyne Ltd, which has put up its six oil and gas blocks for sale, is yet to find interest from buyers, two people aware of the matter said.
Germany’s Thyssenkrupp AG will take till the end of the year to set up its joint venture with Tata Steel UK Ltd, about six months later than it had earlier indicated, as negotiations between the steel makers and their workers are taking longer than estimated.