Page 41 - Amritha Pillay

IRFC to remain post rail budget merger

Indian Railway Finance Corporation is a dedicated financing arm that helps raise money from the market to partly finance the plan outlay of Indian Railways

OMCs' subsidiaries, joint ventures in good health

Improvement largely fuelled by better refining margins

Pvt power producers struggle to meet emission deadline

Companies and analysts say the process is proving to be challenging

New InvIT norms to help infra firms in simplifying structure

Sebi on Friday reduced the required mandatory sponsor holding in InvITs to 15%

BPCL plans to list Bina refinery JV in FY18

The company also plans to start full operations for its expanded Kochi refinery project in the fourth quarter of the current financial year

Proxy advisory firms see red over L&T issuing stock to top management

Allotment of the ESOPs took place before the RHP was filed, a L&T spokesperson said

BP sells 8.5% stake in Castrol India

The former now holds a 51% stake in the Indian subsidiary

RInfra evaluating InvIT for Metro, power transmission businesses

Reliance Infra profit rises 7%

Company targets Rs 30,000 crore EPC order book

Reliance Power logs 12% rise in net profit

The company's financial performance for the June ended quarter was above the Street expectations

MRPL plans 100 retail outlets; JV with Gulf Oil yet to take off

MRPL currently operates just two retail outlets in Karnataka and looks to expand further to cash in on road traffic growth in India

Jio launches mother of all telecom battles

Free voice calls; data priced at 80% lower than prevailing industry rates; Commercial launch on Monday, service to be free till year end

RIL investments in petrochem, refining to be complete by June: Ambani

RIL chairman says petrochemicals and refining business was poised to grow at 40-50% in earnings and cash flow

Newsmaker: SN Subrahmanyan

Groomed for the helm

LPG market gets ready for pvt oil firms

Essar Oil and Reliance Industries vying for the liquefied petroleum gas market in India

BPCL's June quarter profit up 11% on inventory gains

The company's total expenses also fell 4% to Rs 53,528 cr in the June quarter, from Rs 55,553 cr in the year-ago quarter

Tata Chemicals moves away from infertile ground

The company sees little scope to increase profitability in the heavily regulated fertiliser business

Aviation fuel demand rebounds

After 4 years of nearly flat growth, ATF consumption jumped 9% in FY16; trend expected to stay as sector outlook turns sunny

RIL focuses on domestic market for refined products

Sees scope for growth in India and rise in fuel consumption for next 10-15 years

Essar Oil eyes foray into LPG distribution biz

In the non-subsidied LPG distribution business, Essar Oil looks to target customers with an annual income of Rs 10 lakh and above