Oil & gas
ICICI, Axis, StanChart get back $2.5 bn of Essar loans
22 Oct 2016
ICICI Bank and Axis Bank, which together have an exposure of $1.5 billion in the Ruias-led group, got back $450 million while StanChart with a higher exposure of $3.3 billion received $2.1 billion in cash
Reliance Industries reports Rs7,206-cr net profit for Q2
20 Oct 2016
The refiner said gross refining margin contracted to $10.1 a barrel in the September 2016-17 quarter from $10.6 a barrel in the year-ago quarter
