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How Adani selloff stacks up against the biggest stock collapsesThe short position put Ackman at odds with fellow billionaire, Carl Icahn, who became the company’s biggest holder. Icahn went on to defend...- FTX's new CEO helped bolster Enron victims' recoveryJohn J. Ray III took over from founder Sam Bankman-Fried as FTX's chief executive after a disastrous week for the company that started with...
- Govt nominates ONGC to operate Panna-Mukta fieldsReliance and Shell each own a 30% participating interest in Panna, Mukta and Tapti (PMT) fields, while ONGC holds the balance 40%.
- India's latest power debacle is Enron times 20It was relatively easy to leave Enron’s India unit in the care of state-run firms, as the govt did in 2005. That can’t be a template for a ...
- Government at loggerheads with RIL over $1 billion Panna Mukta-Tapti oilfieldsGovt is also demanding that contractors should not assume an income tax rate of 50% as this reduces state’s share of profit. This issue was...
- GAIL to get Dabhol commissioning cargo on Dec 28"We will receive a LNG cargo from Gazprom (of Russia) on December 28," GAIL Chairman and Managing Director B C Tripathi said here.
- GAIL resumes cargo operations at DabholA ship carrying maiden or the so called commissioning cargo, which will be used to prepare the site for commercial operations, had to move ...
- GAIL mulls doubling capacity of Dabhol LNG terminalGAIL India is mulling doubling capacity of Dabhol LNG terminal to 10 mn tonne to meet growing energy needs of the country, co Chairman B C ...
- GAIL plans to commission Dabhol LNG terminal by early AprilGAIL India today said it plans to commission the long-delayed LNG terminal at Dabhol in Maharashtra by month end or early April.
- With the increase in scams like Oylmpus, life is becoming tough for auditorsIf you work as an auditor for a big accounting firm, it just got that much harder to make the case that society should value your services.
- After striking gas, ONGC drills second well in AliabetONGC struck gas on very first drilling conducted in its on-shore NELP Block CB-OSN-2003/1 and has applied to DGH to certify reserves.
- US power co AES lines up $15-bn capex planAmerican power major AES Corp plans to list its local subsidiary in India in the next three to four years and raise debt from the local mar...
- GE-Ratnagiri Gas pact may reduce Maharashtra's power woesThe agreement guarantees energy availability for GE's power generation equipment, improving the plant's production, and supply and repairs ...
- Foreign cos can claim tax deduction for forex losses: SCThe Supreme Court has held that foreign companies can claim tax deductions for foreign exchange losses on account of currency fluctuations.
- Court hears appeal of Enron's SkillingFormer Enron Corp CEO Jeffrey Skilling, convicted for his role in the once might energy giant's collapse, took risks when he ran the compan...
- US investors head into year amid series of setbacksUS investors are heading into 2008 stung by a series of legal and regulatory setbacks, analysts say, with the latest the Supreme Court's ru...
- Petronet to ink LNG import pact with Qatar firmPetronet LNG Ltd, India's largest liquefied natural gas importer, may sign a contract to import LNG from Qatar to supply India's biggest ga...
- Avoid trap of market expectation: RamadoraiHe said when markets are booming along with revenue growth, setting and meeting expectations was not so tough.
- Skilling to pay Lay's share tooFederal prosecutors want former Enron Corp chief executive officer Jeffrey Skilling to turn over nearly $183m for helping perpetuate one of...
- Enron's Kenneth Lay dead at 64Enron founder Kenneth Lay, who was convicted of helping perpetuate one of the most sprawling business frauds in US history, has died. He wa...
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