MUMBAI: Sajjan Jindal-promoted JSW Energy reported a 3-fold jump in net profit in the December 2018 quarter at ₹147.08 crore, up from ₹50.55 crore in the same period of the previous fiscal.
Category: Live Mint
Live Mint
India solar duty fails domestic producers as demand dwindles
India’s bid to protect its solar-equipment makers by imposing a safeguard duty on cheap, Chinese imports has failed, according to domestic manufacturers, who are campaigning for tougher measures.
Coal India board to consider share buyback on Monday
NEW DELHI: State-owned CIL announced that its board will meet on Monday to consider and approve buy back of shares of the company.
Indian Oil looking for annual deal to buy US oil
NEW DELHI: Indian Oil Corp, the country’s top refiner, is looking for an annual deal to buy US crude as it seeks to broaden its oil purchasing options, its chairman said on Wednesday, amid uncertainties over imports from Iran.
UAE seeks talks on revising air services pact with India
NEW DELHI: India and the United Arab Emirates (UAE) are to hold talks soon on revising a 2007 air services pact and four sectoral agreements that will allow an increase in the number of flights between the two countries, which stand at 1,068 a week, the Emirates envoy to India, Ahmed Al Banna, said in […]
Jet Airways cancels 19 flights after lessors ground four planes
MUMBAI: Jet Airways (India) Ltd cancelled several local flights on Tuesday, affecting hundreds of passengers, as its lessors forced the grounding of some planes due to non-payment of lease rentals, said two people aware of the matter.
Labour Ministry decides to allow women to work in underground coal mines
The Labour Ministry has decided to amend rules for allowing women to work in underground coal mines during day time and in open cast mines round the clock, for the first time, in a bid to bring gender equity and generate job opportunities.
Jet Airways grounds 3 more planes on lease rental default; cancels 19 flights
Mumbai: Crisis-ridden Jet Airways was Tuesday forced to ground three of its Boeing 737 planes due to non-payment of lease rentals, leading to cancellation of around 20 domestic flights, according to sources.
Adani Gas surges after Supreme Court network ruling win
New Delhi: Adani Gas Ltd. surged the most in nearly two months after India’s top court nullified orders restricting its network expansion.
SBI is poised to control 15% of Jet Airways
MUMBAI: India’s largest lender State Bank of India (SBI) is set to take an equity stake of at least 15 percent in Jet Airways India Ltd. as lenders to the carrier plan to convert part of their loans into equity, people with knowledge of the matter said.
SC sets aside order withdrawing approval to Adani for Rajasthan gas pipeline
New Delhi: In a win for Adani Gas, the Supreme Court on Tuesday set aside the Petroleum and Natural Gas Regulatory Board’s (PNGRB’s) order withdrawing the no-objection certificate to the company for laying gas pipelines in the cities of Jaipur and Udaipur.
US President Donald Trump slaps de-facto oil ban on Venezuela
Washington: The Trump administration dealt its toughest blow yet to the authoritarian Venezuelan leader Nicolas Maduro, issuing new sanctions on the nations state-owned oil company PDVSA that effectively block his regime from exporting crude to the U.S.