The Mangalore Refinery & Petrochemical Ltd, a subsidiary of ONGC, has said that it is advancing its annual maintenance shutdown of its production units due to the non-availability of water. The

Tata Steel celebrated the Odia new year day and Maha Bisuba Milan at its operational locations in Joda in Keonjhar district, Sukinda in Jajpur district and Gopalpur in Ganjam district. More than 1,000

The ministry of petroleum and natural gas has opposed a proposal of Reliance Industries Ltd (RIL) for an increase in the price of gas, saying that would lead to an additional burden of $8 billion on

Information technology services company iGATE Patni on Friday reported net profit of $24.1 million (Rs 123.6 crore) for the first quarter ended March 2012, but its revenue growth fell short of

Power Construction Corporation of China has signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India to help meet soaring local demand for

Software company iGate reported a better-than-expected quarterly profit, but revenue fell short of estimates, hurt by delays in rolling out new projects. First-quarter net income attributable to

Mangalore Refinery and Petrochemicals Ltd has slightly advanced a planned hydrocracker shutdown to coincide with an emergency closure of two-thirds of its refinery due to water shortages, Managing

Shares in cement producers rose after Citigroup upgraded Ambuja Cements, ACC and UltraTech Cement to buy from sell, citing better demand-supply equation and as new plants are more difficult to build.

The data on industrial production, despite its volatility, seem to suggest the growth-inflation dynamic has reached a critical point from where a rate cut is inevitable. The index of industrial

Capital good stocks such as Bharat Heavy Electricals (BHEL) rose after a sub-index in the industrial output data out on Thursday showed healthier growth than in the broader data. Capital goods