The company had a total debt of Rs 16,010 crore (Rs 160.1 billion).
After grappling with the issue for two years, the Ministry of Petroleum and Natural Gas had on November 21 ordered that the margin to be charged, over and above the gas sale price, should be fixed between the seller and buyers in all sectors other than urea and LPG.
Clauses on land return, action against officials diluted
Cereals like millets can help alleviate malnutrition and improve public health, reports Surinder Sud.
The government's subsidy bill towards oil, fertilisers runs into lakhs of crores of rupees.
How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?
The S&P BSE Sensex dropped 207 points to end at 25,230.
'The previous (Congress) government at least did not veto provisions of the cattle laws.' 'The BJP is actively weakening the provisions.' 'The BJP government tried to export goats from Nagpur for slaughter to the Middle East.' 'The whole country was aghast and offended. We are a country of Ahimsa.' 'The BJP has incentivised the butcher industry so meat export has gone up, live animal export has gone up, leather export is on the rise, smuggling has gone up.'
The finance minister admitted that there was no quick-fixes to economic problems and the government is working to stabilise the economy which may take time.
The government should frame new policies to assure growth.
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
RIL and BP completed the initial exploratory work on the 21 blocks, but decided to retain only four of them.
Analysts cut upstream firms' FY15 earnings estimates, while raising those for GAIL and Gujarat Gas.
$10 billion TAPI pipeline unlikely before 2020
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
Women's share of work in these industries is over 50 per cent, yet they are paid much less than their male counterparts.
Prime Minister Narendra Modi has assets worth Rs 1.26 crore while Defence and Finance Minister Arun Jaitley stands out as the richest minister with assets totalling Rs 72.10 crore.
Budget-makers in North Block are looking to maintain this fiscal status quo, in spite of tax revenues nowhere close to where the government wants and in spite of possible higher expenditure commitments.
The Petroleum Ministry in an order on Wednesday said it has revised guidelines for allocation/supply of domestic natural gas to city gas distribution entities for CNG and piped cooking gas sector.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
.jpg)
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures, including further liberalisation of FDI norms to improve economic condition.
Two workers of a petrochemical plant have been killed following an explosion and a subsequent fire that ripped through the site in central Louisiana in the United States.
He also received the country's first container cargo transported on inland waterways from Kolkata.
The agrarian crisis must be met with similarly speedy responses.
Vice President Hamid Ansari on Monday embarked on a five-day visit to Morocco and Tunisia as part of efforts to build on diplomatic gains from the India-Africa Summit and lay platform for a future partnership.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
A new formula for pricing natural gas in the domestic market was determined; the decontrol of diesel prices was announced; and the scheme that directly transferred subsidies to bank accounts of users of liquefied petroleum gas (LPG) cylinders was modified and relaunched.
The farmers of Khentia are now working in tandem with the IIT team.
The central bank's currency management will be critical over the next few months. A weaker rupee could help to revive exports. But, the currency must fall slowly and in controlled fashion, says Devangshu Datta.
The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.
Tracing the early life of the humble ballpoint pen to its present.
Diageo gets assurance, Heineken may seek one, too.
As the government began consultations with stakeholders on raising gas prices, gas producers and consumers met a committee of secretaries separately with their pleas on the issue.
RIL and its partners BP plc of UK and Canada's Niko Resources have spud the seventh well on the MA oil and gas field in the KG-DWN-98/3 or KG-D6 block in Krishna Godavari basin.
The most worrisome aspect is that most water woes are the result of mismanagement
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
The sector is witnessing weak tendering.
