Vedanta’s net profit falls 61pc to Rs 1,808 crore in Q2, Energy News, ET EnergyWorld | Biden News

[ad_1] New Delhi: Vedanta Ltd on Friday reported a 60.8 percent decline in its consolidated net profit at Rs 1,808 crore for the quarter ended September 30 due to higher expenses. The company posted a solid net profit of Rs 4,615 crore in the year-ago period, Vedanta Ltd said in a regulatory filing. Its consolidated … Read more

Iran offers Indian firms 30 pc investment in gas field, Energy News, ET EnergyWorld | Biden News

[ad_1] New Delhi: Iran has offered ONGC Videsh Ltd and its partners a 30 percent stake in development of the Farzad-B gas field in the Persian Gulf, which was discovered by the Indian consortium, officials said. ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), in 2008 discovered a giant … Read more