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Petchem business to slash losses, transmission business doing well
The finance minister also urged the industry to take note of environmental concerns to help India meet its goals on emissions.
Supply issues and declining margin spread are key challenges for the gas PSU
Adani met Azerbaijan President Ilham Aliyev in Davos last week, according to a statement from the office of the President of Azerbaijan.
GAIL, by controlling India's largest gas transmission network, is present across the value chain and will play an even bigger role in coming years
Post Reliance's 42nd AGM, Diwan told CNBC-TV18 that Reliance Jio was the new investment but there has been a lot of brownfield expansion on petrochem and refining that Reliance has been doing at its cracker plants.
Big boy Reliance Industries has delivered a stable fourth quarter performance. The oil and gas major's profits have declined just 4.5% sequentially to Rs 4,230 crore. Refining and petchem performance is slightly better-than-expected. GRMs have surpassed estimates at USD 7.60/bbl.
