New Delhi : Hit by higher borrowings, interest costs and delayed government compensation, the three state-owned oil marketing companies (OMCs) are cutting crude oil inventories.
Indian Oil Corporation (IOC), the country’s biggest refining....
Mumbai : Steel manufacturer JSW Steel slipped into a net loss of Rs 669.3 crore for the second quarter ended September 2011. In the year ago period, the company posted a....
Kolkata : State-owned Coal India Ltd will restructure coal prices as it plans to switch over to the pricing based on the Gross Calorific Value (GCV) method from January.
Mumbai : Tata Chemicals, the fertiliser and chemicals arm of Tata Group, today posted over two-fold jump in net profit to Rs 275 crore for the second quarter of 2011-12 fiscal....
Kolkata : Jaypee Cement, the cement manufacturing arm of Jaiprakash Associates (JPA), is seeing a delay in the commissioning its two-million tonne clinker unit in Uttar Pradesh.
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