New Delhi, Jan 18 () Reliance Industries shares Friday climbed over 4 per cent, driven by robust quarterly earnings from its petrochemical, retail and telecom business.
NEW DELHI: Billionaire Gautam Adani-run Adani Group will partner German chemical giant BASF to foray into the petrochemicals sector with a Rs 16,000 crore factory at Mundra in Gujarat.
NEW DELHI: Reliance Industries Ltd (RIL) on Thursday reported a 8.8 percent rise in its third-quarter (October-December) profit driven by growth in its petrochemicals business and refining business. RIL is the first Indian private company to post Rs 10,000 crore profit in a quarter.
HYDERABAD: Fuel prices increased again in the city on Monday, with petrol selling at Rs 73.94 per litre and diesel at Rs 68.54 per litre.
NEW DELHI: Royal Dutch Shell on Wednesday said it has acquired French oil major Total SA’s 26% stake in the venture for importing gas in ships at Gujarat’s Hazira, a move many see as the green shoot of consolidation in the expanding Indian gas market.
NEW DELHI: After months of delay, the government on Monday will launch the second round of auction for 14 blocks for prospecting of oil and gas in an attempt to raise domestic output to cut imports.
BENGALURU: The Karnataka government on Friday increased sales tax on motorfuel products, taking the price of petrol up by Rs 1.79 a litre and that of diesel by Rs 1.83 a litre. A litre of petrol in Bengaluru will cost Rs 70.84 per litre and diesel Rs 64.66.
New Delhi, Jan 4 () A Parliamentary panel has asked the oil ministry to explain “in lucid terms”, zero gas production from KG D6, noting that the estimated 80 mmscmd output from the gas block led to setting up of gas-based power plants which are stranded now due to no fuel supply.
BENGALURU: The Congress-JD(S) government in Karnataka on Friday increased tax rates on petrol and diesel to 32 per cent and 21 per cent respectively, citing adverse impact on the state revenue collection due to continuous fall in the prices of crude oil in international market.
Hyderabad: In a major boost for the petroleum and petrochemical sector in Andhra Pradesh, Kakinada SEZ Ltd (KSEZ), a subsidiary of GMR Infrastructure Limited, on Friday said that TCG Group’s (The Chatterjee Group) flagship Haldia Petrochemicals Ltd (HPL) will be setting up refinery and petrochemical projects at the Kakinada SEZ at an investment of Rs…