Essar Oil Ltd (ESRO.BO)
17 Apr 2014
|Market Cap (Mil.):||Rs89,145.29|
|Shares Outstanding (Mil.):||1,449.52|
NEW DELHI - India has to cut its Iranian oil imports by nearly two-thirds from the first quarter after the United States asked it to hold the shipments at end-2013 levels, in keeping with the nuclear deal easing sanctions on Tehran, Indian government sources said.
REUTERS - Power plant operator and oil refiner Essar Energy Plc reported a 7 percent decline in first-half core earnings as the impact of a weak rupee offset higher margins at the India-focussed company's key Vadinar refinery.