Reliance Industries Limited (RIL) is set to carry out a major restructuring exercise. Nine of its retail units would be merged with Reliance Retail and Reliance Fresh.
They can wait, as RBI has indicated the bonds could be linked to CPI in future.
The company adopted the scheme from parent Suzuki, where employees are rewarded for making suggestions to improve productivity and cut wastage.
The price would increase from $4.2/mbtu to $10/mbtu if Rangarajan formula is accepted.
A large part of this investment, about Rs 5,000 crore (Rs 50 billion), would go to the Paradip refinery
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RIL also reported measures taken to check falling output in the KG-D6 field.
B-schools cite high inflation and rising operational costs behind the move.
They have sought data from these companies on loss absorption capacity in case of a fall in gold prices and higher defaults.
On January 17, when the government decided to allow state-owned oil companies to sell diesel at market price to bulk consumers, companies in the alternative energy space saw the opening of an opportunity.
As banks are looking at such infrastructure as ancillary assets, wanting to focus on core activity, they're reluctant to commit their resources here, throwing space open for other players.
With an eye on bigger imports, the oil marketing firm may get its French partner Total to set it up.
IndianOil Corp Ltd, for instance, saw a growth of around 22 per cent in volumes and nearly two per cent in its market share. It traded nearly 10,517 million tonnes (mt) of auto gas in December against 8,593 mt of auto gas in September.
Their first target would be bulk buyers.
Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.
Sharp decline in production from flagship Krishna-Godavari basin has changed the business mix for the company.
Analysts say the company's petrochemical segment and higher other income would boost its revenues. On an average, brokerages expect RIL's net profit to rise 12-17 per cent compared with the year-ago period.
IOC protests, says have invested in these facilities over a period of time.
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