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    • PowerMin mulls Rs 6k cr subsidy to discoms for cheap power

      The Power Ministry has proposed that any additional gas after meeting the requirement of the urea plants will be given to Ratnagiri Gas and Power Private Ltd. RGPPL was set up to takeover and revive the assets of Dabhol Power Company Project.

    • Gas price hike will benefit ONGC, Oil India, RIL: Antique

      Amit Rustagi, Antique says the increase in gas price will be beneficial for the entire industry including gas producers and upstream companies like Reliance, ONGC and Oil India.

    • Is sub 5% GDP growth new reality? Experts discuss

      Sonal Varma of Nomura believes that the potential growth of the economy has been declining almost in every sector.

    • RIL gets conditional approval for $1 bn budget for FY11-13

      The government has given conditional approval to Relaince‘s KG-D6 budget of over USD 1 billion for the years spanning from for FY11-13, reports CNBC-TV18‘s Nayantara Rai.

    • Experts decode: What went wrong on RIL's petchem shocker

      Prayesh Jain, analyst - Oil & Gas at IIFL was expecting the GRMs to be around USD 7 and says this USD 1 premium could have been because of the product mix possibly which could have been shifted towards gasoline.

    • CAG keen to audit KG-D6 performance: Sources

      The Comptroller Auditor General of India (CAG) has begun fresh audit on the performance of oil blocks of Reliance Industries, Cairn India and ONGC, inform CNBC-TV18 sources.

    • Successful in insulating & de-risking biz portfolio: RIL

      It is no secret that FY12 was a tumultuous year for most Indian corporates. Mukesh Ambani, however, says Reliance Industries was successful in insulating and its de-risking its business portfolio.

    • Reliance Industries up; hopes of better margins

      Investors are ignoring the second successive quarterly drop in net profit for Reliance Industries Ltd and the sharply lower gross refining margins. Rather, they are choosing to focus on the positives.

    • Applying marketing margins a necessary move: SP Tulsian

      SP Tulsian of sptulsian.com believes that the government’s move to levy marketing margins on oil marketing companies is a necessary move.

    • RIL may have to pay $1.8bn for dipping production in KG-D6

      In an exclusive, CNBC-TV18's Nayantara Rai says given the falling gas production at the KG-D6 basin, the government may just ask Reliance to pay or make adjustments of nearly USD 1.8 billion.

    • CAG report slams RIL: Its fineprint and what it focuses on

      The CAG report’s fine print talks about overhauling the entire production sharing contract structure. CNBC-TV18’s economic policy editor Siddharth Zarabi reports more on the fine-print of the CAG report and what it focuses on.

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