Page 27 - Amritha Pillay

RIL's earnings parity expected by FY22 in consumer, core business

This contributed a little less than 60% of Ebitda; analysts have also been changing their earnings estimates positively for the consumer business

RIL revenues decline 2.5% in Q3; Reliance Retail, Jio boost profit

RIL's net profit for October-December 2019 increased by 13.5 per cent to Rs 11,640 crore, beating street estimates

Infrastructure, energy firms wait for NIP fine print to firm up capex plan

The roadmap, companies like JSW Energy and Adani Transport say, helps them decidedly lay down their own multi-year investment plans

Will not face insolvency proceedings, says Anil Ambani's Reliance Infra

The executive mentioned earlier said with the payment of Rs 1,700 crore to lenders, RInfra would not need to go through an insolvency process

Sterling & Wilson must give exit option to small shareholders: Ingovern

Sterling and Wilson Solar, which has the Shapoorji Pallonji Group as a co-promoter, was listed on the stock exchanges in August 20 last year

MMRC aims for 15% revenue from non-fare options post underground corridor

The underground line, Mumbai Metro Line 3, covers 33 kilometres and connects the city's airport terminals and three prominent business districts

Power firms see industrial data centres as new-age demand drivers

Electricity consumption of such units is more than that of a small village

JSW Energy to convert part of Jaiprakash Power Ventures' loan into equity

JP Power availed this loan as an advance payment for the proposed sale of its power unit to JSW Energy in 2016. The deal, however, was later called off

FASTag rollout: Doubts galore; uncertainty over toll plaza attendants' jobs

At present, FASTags are being rolled out on National Highways. Maharashtra State Road Development Corporation (MSRDC) operates the Vashi Bridge

Cement demand fizzles out in 2019, recovery expected only in H2FY21

All India cement volume growth between April and September declined in the range of 2 to 4 per cent. The sector is expected to end both the calendar as well as the financial year with flat demand grow

FASTags to help NHAI bring transparency, check underreporting of collection

One is not sure if the transition to a cashless system will leave scope for investigation on previously under reported toll.

New investors could find BPCL's 'privatised' work culture delightful

Even after its nationalisation, the company continued to remain "foreign" and "privatised" in its work culture, say former and present employees and some industry executives

Data is available in India, needs to be value unlocked: Microsoft

Microsoft India currently works with various government bodies in sectors like education, agriculture and healthcare

Green shoots: City gas infrastructure will drive capex, credit demand

The last of a three-part series on credit pick-up looks at how the push for city gas is creating demand for development of overall gas infrastructure

India's crumbling cities: Falling bridges, rising sea level weigh on Mumbai

The fourth of a five-part series focuses on Mumbai's civic infrastructure which has failed to keep up with its status

QIA to pick 25% stake in Adani's Mumbai power distribution business

The agreement requires the Mumbai distribution business to source 30 per cent power from green alternatives

NTPC reported 19 cases of contractor irregularities in three years

The irregularities cited include bribes taken from contractors, steel pilferage, corruption in land acquisition deals, and submission of forged bank guarantees

RIL, Adnoc to co-develop ethylene dichloride facility in Abu Dhabi

The JV will give Adnoc an indirect access to India's growing petrochemical demand, and RIL raw materials for its PVC business in the country

Few perks, lay off fears as India Inc steps up hiring of contract workers

The lower cost and easier termination may well be among the reasons that companies seek to have employees on contract

Any association with promoters will be prejudicial, says CG Power

Chairman made the observation related to several irregular transactions that the company revealed in a findings report in August this year