January 2016




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NTPC Q3 net profit declines 18.9% to Rs 2,492.87 crore

State-run NTPC today reported 18.90 per cent decline in standalone net profit at Rs 2,492.87 crore for the third quarter ended December due to decline in revenue from the power generation segment. The company had posted…


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Chevron posts first loss since 2002 on cheap oil prices

Chevron Corp reported its first quarterly loss in more than 13 years on Friday as the oil producer struggled to cope with plunging crude prices that are eroding profitability across all its divisions. It was the…


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Oil industry relieved as Alberta holds royalties steady

Alberta’s left-leaning government unveiled a new energy royalty framework on Friday that left rates unchanged on existing oil wells and oil sands projects, alleviating fears that costs would rise to punishing levels amid the worst…





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Suzlon Energy Q3 loss narrows to Rs 113 crore

Suzlon Energy’s consolidated net loss has narrowed down to Rs 113.17 crore for the third quarter ended December 31, on the back of increased volume and better operating margins. The loss in the year-ago period was…