GAIL is also trying to juggle a rapidly expanded LNG book after embarking on a buying spree between 2011 and 2013 when the fuel was scarce and prices kept hitting new peaks
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Oil explorer Cairn India Ltd, controlled by billionaire Anil Agarwal, said on Thursday consolidated net profit in the first quarter of its business year fell 28 per cent from the same period a year ago due to lower crude oil prices
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The project comprises of 28 units of S97-120 m hybrid towers with rated capacity of 2.1 MW each and is scheduled for completion by March 2017
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OPEC's top producer has lost ground in a number of major global markets including to Russia in China, and is also facing a further threat from Iran
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The announcement follows the reduction in FPPPA to Rs 1.30 per unit already effected by Torrent in the first quarter of the current fiscal
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'Going by the current rate of bidding, Indian solar industry cannot churn profit. There have been widespread concerns on the low bidding'
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While fears of a hard landing in China have eased, investors are concerned a further slowdown and any major fallout from Britain's decision to leave the EU earlier this month would leave the world even more vulnerable to the risk of a global recession
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National Highways Authority of India is keen to have private players to patrol roads and help in traffic management and maintaining road discipline
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