
BPCL shelves major petrochem project at Kochi
Increase in equipment and material cost affects viability of the ₹11,130-crore polyols project, says BPCL.
Increase in equipment and material cost affects viability of the ₹11,130-crore polyols project, says BPCL.
Even though the shortlisted bidders have got cold feet, the transaction advisers will persuade the bidders to come back to the bidding process.
Public sector companies, in many ways, are the true jewels of the 500 list, and prove to be the best bets for those who want to earn steady returns on investments in the form of equity dividends.
The easiest way to meet or even exceed the disinvestment target is for the government to reduce its stake to 49% in various central public sector units.
Ranked 106, Reliance Industries has replaced IOC (117) as the top-ranked Indian company on the 2019 list. RIL’s revenue soared 32.1% from $62.3 billion in 2018 to $82.3 billion in 2019.
The profitability of the Fortune India 500 companies declined 10.2% in FY18; despite that, the firms on the list were generous enough to raise total salaries by 10.2%.
Editor’s letter from the Dec. 2018 - Mar. 2019 special issue
Unrest in the Arab world isn’t going away, the demand for crude is rising, speculation won’t stop, and Opec’s spare production capacity can only go so far.