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Amritha Pillay writes on conglomerates in the industrials and energy space.
Amritha Pillay writes on conglomerates in the industrials and energy space.
Agenda for visit not clear; Ratan Tata not present at the head office at the time
The company reported a net profit of Rs 23.08 crore
Net power generation for the company was higher at 6,276 million units against 5,637 million units generated a year back
Construction of these vessels is part of the company's larger investment strategy in refining and petrochemical business
Analysts expect the onset of winters could help the company maintain its GRM performance
The total enterprise value of the deal, inclusive of debt liabilities, is $12 billion
Strong growth in petrochemicals business; consolidated net profit, however, down 23% as last year's profit included exceptional income of Rs 4,310 crore
Higher refining throughput, better petrochem margins expected to help profitability, say experts
With Essar's operation across 2,700 petrol pumps, Rosneft will have access to India's largest private fuel retailing network
Previous infrastructure financing options met with limited success
The company has met its annual order book guidance in a quarter's time
Now, Adani Transmission's cumulative network will reach 10,900 circuit km, out of which 9,000 circuit km are under operation
Reliance Defence's Gujarat unit to be developed as one-stop shop for servicing needs of upstream companies
Consolidation hits the youngest infra sector in country
Assets part of RInfra's transmission business have an asset base of Rs 7,000 crore
Reliance had entered into a contract with Transocean Ltd for its ultra-deepwater drillship Discoverer India in 2010, a contract which was effective upto 2021
Procurers use it for price quotes but continue to buy offline
Scepticism also stems from L&T's missed guidance in the last three financial years
Jaypee Group has been struggling to meet its debt servicing and payment obligations for the past several quarters due to its deteriorating financial health
Anil Ambani said the merger was already in the works given the two entities are sharing spectrum, network, fibre and towers