While gross refining margins (GRM) of public sector oil refining companies (OMC) will be determined by the movement in global crude oil movements, analysts say that the current fiscal year may see GRMs improving and OMCs’
Domestic consumers in the state may bear the brunt more as the government is set to hike the power tariff soon after the end of the ongoing assembly sessioDomestic consumers in the state may bear the brunt more as the government is set to hike the power tariff soon after the end of the ongoing assembly session
The Indian Railways is planning to remove all manned crossings on the Golden Quadrilateral route within the next four years. The move is part of the ministry’s 100-day roadmap.
The Indian Oil Corporation (IOC), which has halted the construction of liquefied petroleum gas (LPG) import terminal at Puthuvype off Kochi following protests, has conducted a risk analysis study and prepared a Disaster Management Plan (DMP).
Union Minister of State for Railways (MoSR) Suresh Angadi had some good news for his home constituency. In the backdrop of rising demands for a change of in the schedule of Rani Chennamma Express that connects Belagavi to Bengaluru, Angadi launched a new train between the two cities.
The Indian Railways, with an aim to increase the efficiency of production, has decided to bring all its production units and associated workshops under one government entity.
Auditors Deloitte Haskins & Sells and the KPMG affiliate BSR Associates, who are under fire for their alleged laps in the IL&FS scam, Friday questioned the justification for the corporate affairs ministry’s demand to seek a five-year ban on them.
While Bangalore Electricity Supply Company works on solar power and electric vehicle charging as two separate projects, they are for the first time combining the two to see how solar power generated at the agency’s corporate office can charge electric vehicles.
Two former IL&FS executives arrested by the Enforcement Directorate for their alleged roles money laundering for the crisis-hit lending firm, were Thursday remanded to six-day custody of the central agency.
The government plan to more than double the number of petrol pumps in the country does not make economic sense as more number of outlets would only cut into each other’s sale, leading to some unprofitable, Crisil Research said in a report Thursday.