Tycoons Keep Stock Market Chemistry Alive
Despite sluggish business, most promoters added wealth.
petrochemicals
September 2024
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July 2019
Rising petrochemicals supply in India to reduce import demand: Moody's
Indian state-owned oil and gas companies are investing significantly to increase capacities to boost the country's petrochemical supply.
Chemical cos grow 17% in 3 years, but struggle with profits and margins
A study of more than 70 listed Indian chemical firms says overall revenues grew from ₹87,600 crore in FY13 to ₹2,18,400 crore by FY23 with a CAGR of 10%.
Chemicals & fertilisers ministry to set up chemicals parks: Mansukh Mandaviya
Mandaviya says the chemicals industry can form a special purpose vehicle (SPV) and join hands with the central and state govts
6 Hits and Misses of Mukesh Ambani's 20 years as RIL Chairman
From petrochemicals to petroleum refining and further onto telecom and retail, Mukesh Ambani has built multiple business empires in the last two decades.
Capex time! IOC to spend ₹ 1 lakh crore on refinery expansion
Company looks to convert 15% of crude into petrochemicals, foray into textile fibre business in a big way.
Capex push! HPCL to raise refining, petchem capacity by 2024: CMD
Expansions at Mumbai, Vizag, Barmer and Bathinda refineries to help increase refining capacity by 17.7 MMTPA to 45 MMTPA by 2024.
Jio, retail, and refining push RIL’s Q3 net profit up 13.5%
Profit from RIL’s digital services, retail, and refining helped offset weakness in its petrochemicals business.
Retail and telecom boost RIL’s Q2 net profit
The Mukesh Ambani-led company reported in-line earnings, with retail and telecom helping offset weakness in the petrochemicals business. No signs of deleveraging yet
‘June quarter revenue growth to be slowest in 2 years’
Corporate revenue growth seen around 5-6% in the first quarter of FY20 because of a broad-based slowdown in consumption.
