Uncategorized Archives - Feedback


India has revived its search for oil and gas at home by offering 55 blocks in its first major licensing auction in eight years, as it aims to reduce dependency on imported oil, but the country has an uphill task, according to analysts. Efforts by the oil ministry to overhaul its exploration licensing policy and […]

Tata Motors, the country’s biggest commercial vehicle (CV) maker, has renewed its focus on this segment. The segment forms over 80 per cent of the firm’s standalone revenue, where the firm is incurring losses. Guenter Butschek, chief executive officer and managing director at Tata Motors, tells Ajay Modi that the CV business has suffered owing […]

Realty firm Signature Global will invest Rs 400 crore to develop two new affordable home projects in Gurugram as part of its expansion plan in low-cost housing segment. The company, which last month got Rs 200 crore funding from private equity player KKR, today launched two projects — comprising 1,900 units — which will be […]

Petronet LNG Ltd, India’s biggest importer of liquid gas, is in talks to buy 25 per cent stake in Gujarat State Petroleum Corporation’s (GSPC) almost- complete Rs 4,500-crore Mundra LNG import terminal in Gujarat. The 5-million tonne a year import terminal, the third facility in Gujarat for import of natural gas in its liquid form […]

Listed companies appear to have improved their sequential revenue growth, going by the first set of corporate results released for the fourth quarter of FY 2017. But their topline performance is a bit overstated, and they are beginning to feel the pressure on profitability due to increased input costs. An analysis of 279 companies, which […]

The Central government has targeted to invest a staggering sum of Rs.50,000 crore on various road infra projects across the state, Transport Minister, Nitin Gadkari said, elaborating that to further improve road network in the state, the state government has demanded the targeted amount to build new roads and upgrade the existing ones. He also […]