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Ports on the Go

Ports on the Go

Achieving the targets of the Maritime Agenda of the Shipping Ministry seems ambitious. The installed capacity in FY14 was 1,400 million tonne (MnT), i.e., 800 MnT for the major and 600 MnT for the non-major ports.

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Refining segment dominates RIL’s earnings

Refining segment dominates RIL’s earnings

The operating profit or Ebit (earnings before interest, tax) of Reliance Industries (RIL) from refining and marketing rose 115 per cent to Rs 3,615 crore during October-December 2012 from the year-ago period. But the company's Ebit margin from oil and gas declined 54 per cent to Rs 590 crore against Rs 1,294 crore in the corresponding previous quarter. The petr