India's largest oil producer and exploration company, the state-run Oil and Natural Gas Corporation Ltd (ONGC) said its wholly owned subsidiary ONGC Videsh Ltd (OVL) has agreed to acquire the entire stake of Russia-focused Imperial Energy for £1.4 billion ($2.6 billion) in an all-cash dea...

State-run transmission utility, Power Grid Corporation of India said it has approved investment of Rs.9436.28 crore in new projects for the current fiscal year.

India's largest integrated private steel producer, Tata Steel has made an impressive debut in the list of Global 500 Companies released by the Fortune magazine.

Shiv-Vani Oil & Gas Exploration Services Ltd, a premier service provider catering to the upstream segment of the oil and gas industry and globally recognized for its proven expertise in exploration, production and allied services, has bagged an order worth Rs.1610 crore from India's largest...

India's second largest aluminium producer, state-run National Aluminium Company Limited (NALCO) has reported 17.6 percent jump in net profit for the quarter ended June 30, 2008.

India's biggest power producer, the state-run National Thermal Power Corporation (NTPC) has joined an international consortium in a proposed renewable power joint venture (JV).

India's largest power equipment maker, state-run Bharat Heavy Electricals Ltd (BHEL) said it has won Rs.2500 crore order for manufacture and supply of 2x800 megawatts (MW) steam generators boilers with supercritical parameters to Andhra Pradesh Power Development Company Ltd (APPDCL).

State-owned power equipment maker Bharat Heavy Electricals Ltd (BHEL) said it has bagged Rs.200 crore order for construction of hydro-electric power plant in Vietnam.

Propelled by record crude prices, Chevron's second-quarter profit rose 11 percent to a record $5.98 billion, despite losing money on the refining side of the business.

India's $66 billion Tata Group said on Friday it is pulling out of its proposed $3 billion investment plan due to lack of commitment from the state government suffering from political instability, a move which is seen as a major blow to Bangladesh's foreign investment policy.

India's largest private sector steel producer, Tata Steel has reported 22 percent jump in net profit in the fiscal quarter ended June 30, 2008 on higher exports, despite the government clampdown on hike in domestic steel prices and foreign exchange loss incurred.

Rio Tinto PLC, the world's second-largest iron ore producer, said it will spend $2.15 billion on a major expansion of its iron ore mine in Corumba, Brazil, to help meet increasing demand in South America and the Middle East.

The world's fifth largest maker of wind turbine with a global market share of 10.5 percent, Suzlon Energy has reported 97 percent jump in net profit during the fiscal quarter ended June 30, 2008 despite foreign exchange loss.

India's largest power generation company, National Thermal Power Corporation (NTPC) has reported 27 percent decline in net profit for the fiscal quarter ended June 30, 2008, citing higher expenses and interest.

ArcelorMittal SA, the world's largest steelmaker, said Wednesaday its second-quarter profit more than doubled as it increased steel prices to defray higher costs for energy and iron ore.

BP PLC reported a 28 percent rise in second-quarter profit on Tuesday, exceeding analyst expectations, as crude oil soared to record levels and natural gas also made big gains.

State-run oil marketing and refining major, Hindustan Petroleum Corporation Ltd (HPCL) said its net loss jumped 922 percent in the fiscal quarter ended June 30, 2008.

Aditya Birla Group's flagship company, Hindalco Industries Ltd has reported 16.4 percent rise in net profit for the fiscal quarter ended June 30, 2008.

India's largest oil producer, state-run Oil and Natural Gas Corporation (ONGC) has reported a 44 percent surge in net profit for the June quarter, attributing the jump to higher crude prices and output.