Mumbai, July 28 (PTI) Industrialist Anil Ambani today dared the Petroleum Ministry to take back the ownership of gas fields from RIL if it seriously believed that terms of the contract were violated by Mukesh Ambani-led firm, which he alleged was wanting to make a super-profit of Rs 50,000 crore.
In a scathing attack on the [...]
Posts Tagged ‘Corporate News’
Anil Ambani dares Petroleum Ministry to take back gas fields from RIL
July 29th, 2009 |
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Anil Ambani dares Petroleum Ministry to take back gas fields from RIL
July 29th, 2009 |
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Mumbai, July 28 (PTI) Industrialist Anil Ambani today dared the Petroleum Ministry to take back the ownership of gas fields from RIL if it seriously believed that terms of the contract were violated by Mukesh Ambani-led firm, which he alleged was wanting to make a super-profit of Rs 50,000 crore.
In a scathing attack on the [...]
Kingfisher Airlines to raise up to Rs 500 crore
July 29th, 2009 |
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Mumbai, July 28 (PTI) Vijay Mallya-led Kingfisher Airlines plans to raise up to Rs 500 crore through a rights issue or a follow-on public offering or a placement of depository receipts.
The air-carrier’s Board has also decided to appoint merchant bankers with a view to raise this amount, a press release issued here today said.
Kingfisher Airlines [...]
Kingfisher Airlines to raise up to Rs 500 crore
July 29th, 2009 |
No Comments
Mumbai, July 28 (PTI) Vijay Mallya-led Kingfisher Airlines plans to raise up to Rs 500 crore through a rights issue or a follow-on public offering or a placement of depository receipts.
The air-carrier’s Board has also decided to appoint merchant bankers with a view to raise this amount, a press release issued here today said.
Kingfisher Airlines [...]
RIL profits down 11.5 pct on falling margins
July 26th, 2009 |
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Indian oil, gas and petrochemicals giant Reliance Industries Ltd. said Friday that its quarterly profit fell 11.5 percent and sales declined 22.6 percent, as weakening global demand and increasing competition crimped refining margins.
Net profit in the three months ending June 30 was 36.4 billion rupees ($759 million), down from 41.1 billion rupees in the same [...]
ICICI Bank says quarterly profits up 20.6 percent
July 26th, 2009 |
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ICICI Bank Ltd., India’s largest private bank, said Saturday that its quarterly profit rose 20.6 percent, as it cut costs and boosted income from trading government bonds.
Net profit for the quarter ended June 30 was 8.78 billion rupees ($183 million), up from 7.28 billion rupees ($152 million) in the year-ago quarter.
Total income fell 2.2 percent, [...]
NALCO projects get enviroment clerance
July 20th, 2009 |
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Bhubaneswar, July 20 (PTI) In a boost to its environment-friendly drive, NALCO’s four environment projects under Clean Development Mechanism (CDM) have been cleared by the Ministry of Forest and Environment.
NALCO will make a total investment of Rs 11 crore in implementing the four projects cleared by the Union ministry, company sources said.
The Kyoto Protocol encouraged [...]