Vedanta Resources Group’s operating profit almost doubled to USD 882.3 million for the quarter ended December, while revenue rose 26 per cent to USD 3.06 billion
State-owned IOC has threatened to reconsider plans to invest Rs 52,000 crore on expansion of Paradip refinery in Odisha and setting up a petrochem project as the state government is withdrawing tax sops
Oil prices rose on Monday, but gains were minimal as investors gauged whether an increase in US drilling and record stockpiles would undermine efforts by producers to cut output and bring the market into balance
Vedanta Limited, one of the world’s largest natural resources company, will invest Rs 5,000 crore in the state of Jharkhand for various business initiatives, Chairman Anil Agarwal said on Wednesday.
In face of opposition from Chhatisgarh govt, Centre may drop plan to privatise NMDC’s Nagarnar plant
The Centre may drop the plan to privatise mining major NMDC’s under-construction Nagarnar steel plant in Chhattisgarh in the face of stiff opposition from the state government and trade unions
Narendra Modi govt makes big push for gas usage, MD B C Tripathi says ‘GAIL has big role to play’ in powering plan
There is a push from the government to increase the use of gas in the country to raise its share in the energy basket from the current 6.5% to 15%, and GAIL (India) will have a big role to play to achieve the goal.
Habibganj railway station to be redeveloped: What Indian Railways first ‘world-class’ station will offer
As part of Suresh Prabhu-led Indian Railways bid to revamp and modernise infrastructure, many railway stations are all set to undergo massive redevelopment work over the coming years
Oil steadied on Tuesday after falls the previous session, with markets torn between mixed price indicators that have kept crude range-bound for much of the year
The contracts for exploration of 67 small and marginal fields that went under the hammer recently are expected to go to 15-16 consortiums and some 18 individual companies
After suspending operations at its Benga mine in Mozambique in May last year, International Coal ventures (ICVL), the SAIL-led consortium of five state-run units