Companies write off investments, shed assets as initial projections go haywire Many Indian companies are staring at huge losses on their mega investments abroad, prompting quite a few to write off......
India is the next great frontier for global retailers, a $500 billion market growing at 20 per cent a year. Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail......
Mukesh Ambani-led Reliance Industries Limited said on Thursday it will acquire 45 per cent stake in US-based Pioneer Natural Resources' shale gas assets in the US for $1.15 billion (around Rs 5,300......
Reliance Industries is expected to announce in New York as early as Tuesday that it will pay $1.35 billion to acquire a stake in a Texas shale gas field controlled by Pioneer Natural Resources of......
Reliance Industries' eastern offshore KG-D6 gas fields have helped the nation save Rs 4,000 crore (Rs 40 billion) in fertiliser subsidy and raise gas-based power generation by 30 per cent, chairman......