Reliance Industries has closed five of its seven polyester and petrochemical units at Patalganga near Mumbai soonafter offering exit option to employees, said sources close to the development. The......
High energy costs, long a drag on India’s manufacturing competitiveness, are finally easing. Illustration: Dado Ruvic/Reuters Power and fuel expenses accounted for 1.98 per cent of net sales in......
Indian Oil Corporation is setting up a Rs 11,000-crore (Rs 110 billion) "petrochemical hub" at Panipat, Haryana. The project will use naphtha as feedstock. It will comprise associated units and......
After doling out Customs duty sops in the run-up to the Interim Budget 2004, Finance Minister Jaswant Singh is likely to announce a 4 percentage point cut in the special excise duty (SED) on......
Reliance Industries said on Monday it has acquired Malaysian polyester producer Hualon Corp Sdn Bhd for an undisclosed sum.Established in 1989, Hualon is an integrated polyester-to-textile maker......