Mukesh Ambani's Reliance Industries is slugging it out with fuel retailers in Gujarat.
GAIL India chairman and managing director B C Tripathi said the availability and possibility of gas has changed with the change in government policy.
The government has told Cairn Energy that its deal with Anil Agarwal-promoted Vedanta Resources will go through only after a formal proposal to the government is made and all clearances are obtained.
The government-owned Oil and Natural Gas Corporation, Cairn India's partner in the Barmer block in Rajasthan, is closely scrutinising the stake sale in Cairn India by Cairn Energy.
RIL, with interests in petrochemicals, oil and gas exploration, textiles and retail, will continue to see a slow decline in margins.
Technical bids opened today for Mallavaram-Vijaipur line, winner in three weeks.
In an interview with Ajay Modi & Jyoti Mukul, ONGC chairman R S Sharma says uncertainties continue in the business even after decontrol of petrol prices.
Analysts say this is a reflection of the high debt that most aviation companies have on their books. "Aviation companies are unable to pay their dues because they are into losses.
Shell India, the domestic arm of Royal Dutch Shell Plc, had offered for sale 20 of its 80 operational retail outlets and around 20 sites acquired earlier for setting up such outlets.
State-run Indian Oil Corporation plans to set up solar power panels and power plants at its over 18,100 retail outlets across the country at a cost of Rs 500 crore (Rs 5 billion).
Share prices of both upstream and downstream public sector oil companies fell up to two per cent on Monday. Even Essar Oil, a private fuel retailer, fell 1.50 per cent on the Bombay Stock Exchange.
A few weeks ago, the admission director of a Pune-based B-school received a strange unsolicited phone call from an 'admissions' consultant.
Reliance Industries' annual general meeting on Friday will be unique in many ways. It's the first AGM after the Supreme Court judgment on K-G gas, the first after the truce between Mukesh and Anil Ambani and the first after the company's big-bang return to telecom.
The Supreme Court decision upholding the government right to decide on sale of natural gas has prompted the latter to exercise control over gas sales from Oil and Natural Gas Corporation's C-series field, off the Daman coast.
A large number of management schools in the country have begun outsourcing the process of student placements to human resource consultants. Traditionally, B-schools have an in-house placement team, headed by a faculty member. Several B-schools, on condition of anonymity, confirmed they had hired HR consultancies to find jobs for their students. Many of them also plan to have the agencies help out with placing their students as interns with companies.
The sustained decline in the price of crude oil has reversed the trend in petroleum product pricing. Private retailers are looking to cut prices from next month, while public sector oil companies have shaved their losses on retail sale of petrol and diesel by more than half.
Within 24 hours of the brothers Ambani deciding on a ceasefire, the stock market and Reliance pundits are out with their calculators to figure out the financial implication of ending the non-compete terms five years in advance and the loss that Anil Ambani's Reliance Natural Resources Limited would incur post the Supreme Court verdict.
Uncertainty may shroud their deemed status with the apex court yet to deliver its final verdict. However, admissions to nearly 50 per cent of deemed universities blacklisted by the Ministry of Human Resources and Development (MHRD) are on in full swing.
A price of $4.20 per million British thermal units is not viable for smaller gas discoveries, say industry experts.
The subsidy burden of upstream oil companies, Oil and Natural Gas Corporation and Oil India Ltd, have risen 42 per cent in a single quarter.
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