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Reliance earnings crimped by weak refining business

Apr 18, 2014 at 21:52 | Source: Market Watch

NEW DELHI-- Reliance Industries Ltd., India’s second largest company by market capitalization, said on Friday that its earnings were little changed in its fiscal fourth quarter, as the sliding profit in its refining and upstream oil and gas busine...

Ukraine crisis: Separatists reject diplomatic deal, refuse to disarm

Apr 18, 2014 at 20:59 | Source: FirstPost

Slaviansk/Donetsk, Ukraine: Armed pro-Russian separatists in eastern Ukraine said on Friday that they were not bound by an international deal ordering them to disarm and would not move out of public buildings they have seized until the Kiev governmen...

Reliance Industries Q4 PAT up 2.3% at Rs 5630 crore, in line with estimates

Apr 18, 2014 at 19:06 | Source: Economic Times

NEW DELHI: Mukesh Ambani-led Reliance Industries (RIL) on Friday reported a Profit After tax (PAT) of Rs 5630 crore for the fourth quarter of the financial year ended March 31 versus Rs 5500 crore in Q3. This is an uptick of 2.3% quarter-on-quarter....

Reliance Industries Q4 PAT up 2.3% at Rs 5630 crore, below estimates

Apr 18, 2014 at 18:21 | Source: Economic Times

NEW DELHI: Mukesh Ambani-led Reliance Industries (RIL) on Friday reported a Profit After tax (PAT) of Rs 5630 crore for the fourth quarter of the financial year ended March 31 versus Rs 5500 crore in Q3. This is an uptick of 2.3% quarter-on-quarter....

Reliance Industries Q4 PAT at Rs 5630 crore, up 2.3% QoQ

Apr 18, 2014 at 18:21 | Source: Economic Times

NEW DELHI: Mukesh Ambani-led Reliance Industries ( RIL) on Friday reported a Profit After tax (PAT) of Rs 5630 crore for the fourth quarter of the financial year ended March 31 versus Rs 5500 crore in Q3. This is an uptick of 2.3% quarter-on-quarter...

Earnings Preview: RIL's profit growth may be flat in Q4; but best quarterly show in FY14

Apr 18, 2014 at 17:51 | Source: Economic Times

MUMBAI: Reliance Industries is likely to post flattish net profit for the January-March quarter compared with a year earlier, as an improvement in refining margin will be offset by weaker profitability at its petrochemical business and a drop in non-...

Energy insiders are buying as performance improves

Apr 18, 2014 at 16:32 | Source: Market Watch

Volatile investment markets can be unnerving. After a big run last year, the S&P 500 Index is up less than 2% so far in 2013. Investors are fearful of putting more money on the line, yet they don’t want to lose out on further gains. Meanwhile, one...

High-voltage action likely in energy sector if Narendra Modi becomes next PM

Apr 18, 2014 at 13:01 | Source: Economic Times

VADODARA: The energy sector can brace for high-voltage action if Narendra Modi becomes prime minister. The energetic BJP leader has ruled the state that has India's biggest refineries, highest gas consumption, two LNG terminals and volatile relation...

Oil futures settle at a more than six-week high

Apr 18, 2014 at 12:32 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Oil futures on Thursday settled at their highest level in more than six weeks, buoyed by uncertainty in Ukraine as the latest U.S. economic data generally supported a brighter outlook for energy demand. Natural-gas pr...

High-voltage action likely in energy sector if Narendra Modi becomes next PM; many in companies like ONGC, CIL nervous

Apr 18, 2014 at 10:06 | Source: Economic Times

VADODARA: The energy sector can brace for high-voltage action if Narendra Modi becomes prime minister. The energetic BJP leader has ruled the state that has India's biggest refineries, highest gas consumption, two LNG terminals and volatile relation...

Ukraine Seeks to Boost Biomass to Curb Dependence on Russia (1)

Apr 18, 2014 at 10:00 | Source: Business Week

Seeking to lessen its dependence on Russian natural gas, Ukraine is trying to lure investment to boost its use of renewable energy such as biomass, wind and solar power. The Ukrainian Embassy in Washington today hosted U.S. and industry officials at ...

Ukraine Seeks to Boost Biomass to Curb Dependence on Russia

Apr 18, 2014 at 08:00 | Source: Bloomberg

Seeking to lessen its dependence on Russian natural gas, Ukraine is trying to lure investment to boost its use of renewable energy such as biomass, wind and solar power. The Ukrainian Embassy in Washington today hosted U.S. and industry officials at ...

Keep calm and invest in these unknown dividend stocks

Apr 17, 2014 at 20:27 | Source: Market Watch

How much do you fear a stock market correction? There are dire warnings, the latest from Bank of America Merrill Lynch analysts Stephen Suttmeier and Jue Xiong, who said earlier this week that the Nasdaq Composite Index (NASDAQ:COMP)   may have top...

Asian stocks head higher, rally fades in Japan

Apr 17, 2014 at 15:17 | Source: Market Watch

Asian stocks were mostly higher on Thursday, with Japan moderating after its strong gains in the previous session, while Australia was reassured by comments from the chairwoman of the U.S. Federal Reserve. The region took a positive lead from the U....

U.S. crude supply jumps, but prices gain a penny

Apr 17, 2014 at 12:37 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — A U.S. government report on Wednesday showed a weekly jump in crude inventories that was over four times more than the market expected, but oil futures still finished a penny higher as concerns over clashes between pr...

EU Intensifies Preparations for Sanctions Against Russia

Apr 17, 2014 at 06:01 | Source: Wall Street Journal

BRUSSELS--European authorities are preparing possible economic sanctions against Russia that could range from the purely symbolic--a ban on Russian caviar--to restrictions on key Russian exports, such as raw diamonds, fertilizers, oil and natural gas...

Cairn keeps local exit on the boil

Apr 17, 2014 at 03:17 | Source: Calcutta Telegraph News

New Delhi, April 16 (PTI): Undeterred by the income tax department’s restrictions, Cairn Energy Plc has sought fresh approval from shareholders to sell its 9.65 per cent stake in Cairn India when such curbs are lifted. In January, the income t...

Oil prices climb ahead of EIA report

Apr 16, 2014 at 20:37 | Source: Market Watch

NEW YORK (MarketWatch) — Oil prices rose Wednesday ahead of government supply data, boosted by an industry report indicating a drop in crude inventories at a key U.S. storage hub as well as ongoing Ukraine tensions. Crude for May delivery (NMN:CLK...

Book attacks Reliance

Apr 16, 2014 at 08:42 | Source: Calcutta Telegraph News

New Delhi, April 15: Crony capitalism is the pejorative phrase that has cast its baleful shadow over the general elections and the spectre isn’t going to vanish in a hurry. That is because the new government — whatever its colour or stri...

Oil ends back under $104 on Libya supply bets

Apr 16, 2014 at 08:42 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Oil futures closed lower on Tuesday as expectations that Libyan supply is poised to return to the market, concerns over global energy demand following some weak global economic data, and bets for a rise in weekly U.S....

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