Petchem relief to cost Rs 1,800 crore in 3 months: GovernmentThe government anticipates a revenue loss of approximately Rs 1,800 crore over the next three months. This is due to measures being impleme...
Indian Oil to invest Rs 61,000 crore to build petchem complex in OdishaIndian Oil is set to invest Rs 61,000 crore in Paradip, Odisha, to establish a major petrochemical complex. This marks the company's larges...
Haldia Petchem plans $10 billion oil-to-chemical project in south IndiaThe Chatterjee Group (TCG) is in discussions with local and global firms to collaborate on a more than $10 billion oil-to-chemical project ...
Petronet LNG defends petchem diversification plan after shares fall 8.5%Petronet LNG defends its decision to diversify into petrochemicals despite an 8.5% share price drop. CEO A K Singh assures profitability fo...
Adani Group clarifies on Gujarat petchem project, says financial closure likely in 6 monthsThe Adani group said that it is hopeful of obtaining financial closure for the Mundra petchem project in Gujarat in next six months post wh...
Saudi Aramco to invest in $7 bln petchem project in South KoreaThe construction of the complex, to produce up to 3.2 million tonnes per year (tpy) of petrochemicals, will begin in 2023 and be completed ...
Strong growth prospect in petchem business: MK Surana, HPCL"This year was very different as it was marked with the global pandemic demand contraction, safety and health concerns, and on the other si...
Buy GAIL India, target price Rs 140: NomuraThe steep decline in oil prices weakens the earnings outlook for petchem/ liquid hydrocarbon (LHC) segments, as revenue declines may not be...
Nayara Energy cuts debt by Rs 4,600 croreNayara Energy has cut its debt by Rs 4,600 crore in two years since the Rosneft-led consortium acquired the unit, an executive claimed. It ...
Will RIL disappoint D-Street this quarter with muted profit growth?Reliance Industries' telecom arm Jio and retail business may drive performance, say analysts.
JPMorgan expects RIL earnings growth to fall 15% on weakness in core businessRIL’s petchem earnings have moved higher over the past two years.
RIL Q4 earnings: Brokerages expect lower GRM, Arpu to hit profit; retail may show strong growthMarket participants should focus on the margin outlook of refinery and petchem business.
Buy GAIL (India), target Rs 430: ICICI DirectBuy GAIL (India) Ltd. at a price target of Rs 430.
Buy GAIL (India), target Rs 435: CLSABuy GAIL (India) Ltd. at a price target of Rs 435.
RIL’s Q1 earnings today: Here's what analysts sayHere's what leading brokerages expect from RIL’s quarterly earnings.
RIL commissions cracker unit marking completion of petchem expansion planAccording to RIL, the new facility is the world's first ever and the largest ROGC complex of 1.5 mmtpa capacity along with downstream plant...
- Refining space to remain stressed, avoid FMCG names: Karvy Private Wealth
The petchem and refining sector will continue to be under a lot of pressure in the next two quarters.