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T Chockalingam assumes charge as Director, Finance of BHEL

State-run Bharat Heavy Electricals Ltd (BHEL) today said T Chockalingam has assumed the charge as Director, Finance. “T Chockalingam, 58, has assumed charge as Director (Finance) of the maharatna public sector engineering and manufacturing...

Much lost in power struggle after tariff cut in Delhi

Having made cheap water and power electoral planks, the Aam Aadmi Party government began its stint in governance by reducing electricity bills through a subsidy. But apart from this, the government is yet to...

Piped-gas network to get wider in Gujarat

City gas distribution (CGD) network in Gujarat is set to wider with more regions being opened up. As many as seven companies have evinced interest in laying, building and operating CGD networks in eight...

ONGC slumps 5% after Q3 net profit sees 64% fall

Shares of ONGC, India’s largest oil and gas exploration and production company, slumped 5 per cent in Friday’s trade after the company reported a 64 per cent decline in December quarter earnings. This represents...

GSPL gets CCI nod to raise stake in Sabarmati Gas

Gujarat State Petronet has received fair trade regulator CCI’s approval to raise stake in Sabarmati Gas Ltd by 13.71 per cent to 27.47 per cent for an undisclosed amount. Gujarat State Petronet, which is...

IOC posts Rs 3,057 crore profit in Q3

Indian Oil Corporation (IOC), the country’s largest refiner and fossil fuel retailer, has swung to a quarterly profit on higher refining margins, increased profit from petrochemicals and reduced inventory losses. The company has reported...

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