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Govt may notify an E&P policy disallowing companies to deduct as expenses, exploration costs in areas where discoveries are under development
Earlier this month, the finance ministry had cautioned any decision on the matter would have both legal and financial implications, and could lead to international arbitration
Each discovery in oil block to be treated as separate cost centre, if proposal gets nod
Borrowings of the government-owned entities remain well above Rs 1 lakh cr
DoD expects the sell-off process to begin from September
While the coal ministry favoured the auction of coal mines, states outrightly opposed the move
IndianOil targets monthly 5,000-tonne polypropylene exports
India adds 15% to Alstom Grid's global sales of euro 4 bn
Discrepancy explains why non-productive time of ONGC rigs was 19%, against global norm of 5%
Says its petro subsidy share might exhaust its Rs 28,000-cr cashpile this year?s capex outlay already unaffordable
Interview with Secretary, Ministry of Road Transport & Highways
Its massive investment is set to increase its transmission capacity
Interview with CEO designate, Cairn India
Interview with RPower's Chief Executive Officer
New chairman Navin Agarwal has to reinstate faith of shareholders
The impending pacts between Coal India and power producing companies could add to their problems down the line
Coal supply uncertainty prompts largest power producer to cut commitments by Rs 50,000 cr
After CAG report on coal blocks, de-allocation spectre rears its head