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Energy
Energy | 06 January 2021

Installed renewable energy capacity reaches 89.63 GW

Renewable energy now constitutes over 24 per cent of the country’s installed power capacity and around 11.62% of the electrical energy generation.

Gas
Gas | 06 January 2021

Govt is increasing natural gas share from 6 to 15%: Modi

Dedication of the Kochi-Mangaluru natural gas pipeline of GAIL is part of our journey to move towards One Nation One Gas Grid.

Chemical
Chemical | 06 January 2021

CRISIL revises outlook on the long term bank facilities of Deccan Fine Chemicals India

The group is expected to clock about 10 to 15 percent annual revenue growth over the medium term, backed by steady revenues from existing molecules and commercialization of new molecules.

Petrochemical
Petrochemical | 06 January 2021

India may impose anti-subsidy duty on imports of SBR from South Korea

The Authority concluded that since the SBR exported to India from South Korea is subsidized, the domestic industry has suffered material injury.

Chemical
Chemical | 06 January 2021

Jubilant Life Sciences demerger may complete in FY21

he company had announced this demerger in Oct'19 with the rationale of two separate and focused entities for pharma & LSI segment

Chemical
Chemical | 06 January 2021

CRISIL reaffirms its ratings on Valiant Organics

VOL has achieved revenue of Rs.674.93 crore and profitability of 26.6% in fiscal 2020; further it has reported Rs 314.17 crore in H1 FY2021 while profitability continues to remain healthy at about 30%.

Chemical
Chemical | 06 January 2021

Tata Chemicals terminates its export agreement with ANSAC

Tata Chemicals will focus on developing an integrated world class customer centric global sales organisation, serving customers diverse needs from locations in India, UK, Kenya and USA.

Technology
Technology | 06 January 2021

McDermott raises $560 million for business expansion

As announced on Nov. 18, 2020, the new capital was provided through a series of transactions which was secured through commitments from certain existing lenders and shareholders

Chemical
Chemical | 05 January 2021

New import duties on ‘clear float glass’ to aid domestic players : ICICI Securities

The Government has notified an additional CVD /anti-subsidy duty of ~9.74%-11.15% on imports from Malaysia.

Petrochemical
Petrochemical | 05 January 2021

Uptick in PVC prices continue unabated: ICICI Securities

Global supply shortage pushes PVC prices to new highs with another hike of Rs4/kg.

Chemical
Chemical | 05 January 2021

Tata Chemicals announces Shri Darbari Seth Scholarship to mark the visionary’s birth centenary

Scholarship will provide financial assistance to students of chemistry and chemical engineering

Petrochemical
Petrochemical | 05 January 2021

MRPL increases stake in OMPL to 99.9998%

ONGC transferred 124,66,53,746 shares of OMPL to MRPL's demat Account on 01/01/2021

Petrochemical
Petrochemical | 05 January 2021

Indian Acrylics registers 25% YoY increase in sales during Q3FY21

Sale of fibre and yarn during December 2020 has increased by 19 per cent to around Rs.64.02 crore.

Petrochemical
Petrochemical | 05 January 2021

L&T Hydrocarbon bags Rs 7000 + crore EPCC contract for PFCC unit from HRRL

The PFCC will convert the heavy hydrocarbons from the Vacuum Distillation Unit to produce more valuable gasoline, diesel, propylene and lighter products by the process of catalytic cracking.

Chemical
Chemical | 05 January 2021

Praj ranked as 2nd hottest company in global Bioeconomy for 2021

Praj has also secured 3rd ranking in the newly introduced Biodesign & Engineering category.

Chemical Solutions
Chemical Solutions | 05 January 2021

Pharma FDI stands at Rs. 3,039 cr in H1 FY 2020-21

FDI inflows in pharmaceutical sector (both pharmaceuticals and medical devices) were Rs. 5,846 crore in the FY 2019-20.

Gas
Gas | 05 January 2021

PM to dedicate Rs. 3,000 crore Kochi - Mangaluru natural gas pipeline today

The 450 km long pipeline has been built by GAIL (India).

Digitization
Digitization | 05 January 2021

Aramco leverages digitization to increase its productivity

By extending the strategic alliance with SAP Saudi Arabia, Aramco’s contribution to the in-Kingdom business ecosystem will be enhanced through job creation, training and by localizing supplier services and R&D

General
General | 04 January 2021

IIT Delhi partners with Ayurveda Institute on studying therapeutic benefits of herbal formulations, wellness

The projects emanate from the MoU signed earlier between the two institutions for interdisciplinary research in Ayurveda and applying engineering science principles

Chemical
Chemical | 04 January 2021

CARE reaffirms credit ratings of Bharat Rasayan

CARE has reaffirmed A1+ rating on Commercial Paper (CP) Issue.

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