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The oil ministry today gave conditional approval to Reliance Industries and its partner BP to spend over $1 billion to ramp up production in the KG-D6 block, which needs investment to arrest an alarming fall in gas output.... | Read..
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Coal India Ltd has agreed to pay a hefty penalty of up to 40 per cent if it fails to supply the committed quantity of the fuel to power firms. ... | Read..
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Mukesh Ambani’s Reliance Industries and the Oberois of EIH Ltd may kick off their partnership at an operational level two years after the former picked up a strateg... | Read..
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The market value of Standard Chartered Plc tumbled as much as $17 billion today after New York’s bank regulator threatened to cancel its state banking licence for alleg... | Read..
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The government will approach the Supreme Court in the next couple of days to seek an extension of the spectrum sale deadline of August 31. ... | Read..
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