Gas production from Krishna Godavari basin block has dropped to just over 12 mmscmd and RIL is carrying out workover on main Dhirubhai-1 and 3 gas fields.
Diesel makes up nearly half of fuel demand in Asia's No 3 economy.
RIL's standalone net profit rose one per cent quarter-on-quarter
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
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China's CSI300 stock index shed 1.1 per cent, hitting a five-week low, while shares of Hong Kong-listed Chinese companies sagged 0.9 per cent.
Analysts say Tatas could sustain their current pace of growth, provided the group's "cash cows", such as TCS and Tata Motors, continue to deliver.
Re-instatement of 5% custom duty on crude imports will help.
Custom duties, a major concern for the oil sector.
India Inc has few leaders who are likely to grab headlines in 2015.
