Faced with a resource crunch for its mega investment plans, Indian Railways is exploring various channels for raising funds
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The Jharkhand government has joined Andhra Pradesh in conveying its in-principle approval for joining the Uday (Ujwal Discom Assurance Yojana) scheme for recasting debts of distressed distribution companies (Discoms), it was announced on Sunday
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Essar Oil has decided to delist from local stock exchanges by buying out the non-promoter shareholding of 28.54 per cent to give its promoters greater flexibility
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Saeed Hafezi, director of the Falat Ghare oil company, said the lifting of sanctions means the consortium can resume development of the Farzad B gas field
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The move will help secure funds for big ticket projects as concern over a lack of financial resources has been raised by the Department of Atomic Energy frequently
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The producer group failed to agree on a new production quota, allowing member countries to continue pumping more than 31 million barrels per day of oil
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Energy consultancy firm Bridge to India in its latest study reports that cumulative installed capacity of solar power in India has crossed the 5 GW mark
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Chennai Petroleum Corp Ltd shut its 210,000 barrels per day (bpd) Manali refinery on Wednesday (2 December) night due to heavy flooding in the southern state of Tamil Nadu, Managing Director Gautam Roy told Reuters on Thursday.
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