Chandan Kishore Kant &Amp; Ajay Modi In Mumbai

Stories by Chandan Kishore Kant &Amp; Ajay Modi In Mumbai

In tax feud with Himachal, ACC seeks court review

In tax feud with Himachal, ACC seeks court review

Rediff.com   3 Apr 2013

The state's tax department had collected Rs 64 crore (Rs 640 million) from ACC, against which the company moved the Himachal Pradesh High Court.

ONGC Videsh eyes Turkmenistan's gas reserves

ONGC Videsh eyes Turkmenistan's gas reserves

Rediff.com   27 Nov 2012

State-owned explorer's foreign arm wants to invest in exploration & production in the country, which has world's fourth-largest reserves.

Bids invited for RIL's MP gas pipeline

Bids invited for RIL's MP gas pipeline

Rediff.com   17 Nov 2012

Board would start selling the bid documents on November 22.

Petroleum export volumes drop 7% in H1

Petroleum export volumes drop 7% in H1

Rediff.com   12 Nov 2012

Problems at refineries, higher home demand for automobile fuels among main reasons.

MFs lose equity assets for fifth month in a row

MFs lose equity assets for fifth month in a row

Rediff.com   9 Nov 2012

Investors redeem units worth Rs 2,000 crore in October.

Air India to clear salaries before Diwali

Air India to clear salaries before Diwali

Rediff.com   6 Nov 2012

It will also make up-to-date payment of productivity linked incentives for all licensed category employees between May and June.

Only 6 subsidised cylinders in all states: OMCs

Only 6 subsidised cylinders in all states: OMCs

Rediff.com   19 Oct 2012

The three govt-owned OMCs - IndianOil, BPCL and HPCL - together meet the country's entire LPG cylinder demand.

OVL group shortlisted in ConocoPhillips sale

OVL group shortlisted in ConocoPhillips sale

Rediff.com   16 Oct 2012

The Houston-based company is selling up to 50 per cent of its oil-sand reserves in Alberta. There are some producing assets and some exploration assets on offer.

Single price for LPG, new norms on subsidy soon

Single price for LPG, new norms on subsidy soon

Rediff.com   10 Oct 2012

A decision has been taken to gradually initiate Aadhaar and non-Aadhaar based LPG subsidy transfer through the OMCs.

RIL's reasons on falling D6 output unconvincing: Reddy

RIL's reasons on falling D6 output unconvincing: Reddy

Rediff.com   10 Oct 2012

According to RIL's announcement for the first quarter ended June 30, the KG-D6 field produced 33.1% less gas in the quarter.

Good news! Petrol price cut by 56 paise/litre

Good news! Petrol price cut by 56 paise/litre

Rediff.com   8 Oct 2012

In a marginal relief to consumers, IndianOil, the biggest oil marketing company, has cut petrol prices by Rs 0.56 per litre with effect from midnight today.

BP sells Malaysian plant to RIL for $230 mn

BP sells Malaysian plant to RIL for $230 mn

Rediff.com   28 Sep 2012

All current staff of BPCM is expected to transfer to the new owners under equivalent terms and conditions.

Indian petrochemicals make way into Pakistan

Indian petrochemicals make way into Pakistan

Rediff.com   14 Sep 2012

IndianOil targets monthly 5,000-tonne polypropylene exports

'Land related Bills may stifle real estate'

'Land related Bills may stifle real estate'

Rediff.com   4 Sep 2012

Unitech, a New Delhi-based real estate developer, has said various bills related to land and real estate sector may impact the sector's growth if various stakeholders' interests are not taken care of.

RIL, Essar take fuel battle to tribunal

RIL, Essar take fuel battle to tribunal

Rediff.com   20 Aug 2012

The private companies want a level playing field so that they can compete with the government companies in fuel retailing.

ONGC may have to restate production figures

ONGC may have to restate production figures

Rediff.com   7 Aug 2012

About two million tonnes (mt) of condensates produced by the oil company were taken into account while apportioning the subsidy burden.

Govt's cash crunch hits promises to OMCs

Govt's cash crunch hits promises to OMCs

Rediff.com   24 Jul 2012

Oil firms yet to get Rs 18,000 crore (Rs 18 billion) of FY12 subsidy compensation, as estimate for this year's underrecovery swells past Budget allocation.

ONGC to regain top profit slot from RIL

ONGC to regain top profit slot from RIL

Rediff.com   23 Apr 2012

RIL on Friday declared a net profit of Rs 20,040 crore (Rs 200.4 billion) for the 2011-12, a marginal drop from the Rs 20,286 crore (Rs 202.86 billion) it made in 2010-11.

IOC, Nagarjuna miss tax holiday cut-off

IOC, Nagarjuna miss tax holiday cut-off

Rediff.com   2 Apr 2012

The last week of March saw a series of new refining capacity going on stream. HPCL-Mittal Energy, Essar Oil and Mangalore Refinery & Petrochemicals (MRPL) were able to announce completion of capacity additions a couple of days before the seven-year tax holiday in this regard came to an end, on March 31.

Oil producing firms to take a Rs 6,000-cr hit

Oil producing firms to take a Rs 6,000-cr hit

Rediff.com   19 Mar 2012

ONGC to take biggest hit of Rs 4,600 crore, followed by Cairn India and Oil India.