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Home > Mint Authors > Abhishek Shanker

Abhishek Shanker

Mint Author

ARTICLES BY ABHISHEK SHANKER

An oil drilling platform stands at Bombay High, India’s biggest offshore oil field, off the cost of Mumbai. Photo: Bloomberg

Reliance, BP said to seek withdrawal from India gas arbitration

1 min read . 25 May 2016

Photo: Bloomberg

Essar Steel said to draw takeover interest from Tata Steel, JSW Steel

3 min read . 25 Mar 2016

Hindalco started operations in the Baphlimali mine in 2013 and was informed about 2 years later that it needs a permit to excavate 230 hectares of forest land out of the total 1,388.74 hectares. Photo: AFP

Hindalco said to face threat of Baphlimali mine closing

2 min read . 04 Feb 2016

The ministry of road transport of highways said in July it plans to roll out $45 billion of projects over the next three years, more than twice the value of contracts given since Narendra Modi came to power in May 2014. Photo: Bloomberg

Road stocks cheer with 73% rally as Modi triples spending

4 min read . 03 Nov 2015

India plans a 74% expansion in its nuclear generation capacity by 2019. Photo: AFP

India said to import first Canadian uranium in 40 years

1 min read . 20 Oct 2015

ONGC is betting that its highest capital expenditure in at least six years will pay off once oil prices revive. Photo: Reuters

ONGC boosts spending as exploration costs likely to drop

2 min read . 07 Oct 2015

Contracts that protect debt in RIL against non-payment have fallen 22 basis points from an eight-month high of 206 on 25 August, according to data provider CMA. Photo:

Bond risk slides for Reliance as Mukesh Ambani’s spending spree pays off

4 min read . 21 Sep 2015

Photo: Madhu Kapparath/Mint

HPCL unit said to plan spending $300 million on overseas assets

1 min read . 18 Sep 2015

A four-week shutdown of the plant, located at Vadinar in Gujarat, had to be deferred from May-June so that Essar Oil could tap higher refining margins amid rising demand and falling crude prices. Photo: Reuters

Essar oil plans 30-day maintenance shutdown of its Vadinar refinery

1 min read . 17 Sep 2015

Under the revamp deal, the metal maker needs to pay 6% of its debt in the first five years, versus 35% originally. Photo: AFP

Hindalco said to refinance Rs14,700 crore of loans

1 min read . 09 Sep 2015

A reduction could squeeze profits and curb the scope for gas investment at ONGC and Reliance Industries even as India struggles to stem a drop in output. Photo: Bloomberg

RIL, ONGC face 14% cut in natural gas price

2 min read . 03 Sep 2015

Jet Airways has seen its share price slide 16% this year compared with a 6.6% loss in the benchmark S&P BSE Sensex. Photo: AFP

Jet Airways said to hire Suzlon’s Amit Agarwal as CFO

1 min read . 02 Sep 2015

Indian Oil will partner with Dallas-based Celanese Corp. for the ethanol project, which will use petroleum coke as feedstock from the firm’s two refineries in the region. Photo: Priyanka Parashar/Mint

Indian Oil plans $2.4 billion ethanol investment

1 min read . 29 Aug 2015

A file photo of ONGC’s oil production platform at the Sakhalin-I field in Russia. Photo: Bloomberg

ONGC said to seek $900 million stake in Rosneft Vankor oil field

1 min read . 13 Aug 2015

Access to Iran will also help the company, controlled by Mukesh Ambani, curtail freight costs currently incurred to ship to markets as far as Europe and the US. Photo: Reuters

RIL considers reviving Iran trade as oil drop boosts profit

1 min read . 27 Jul 2015

Rosneft signed a deal on Wednesday to supply 10 million tonnes of crude a year, or 200,000 barrels a day, to Essar and a non-binding memorandum to buy a 49% stake in the Mumbai-based company’s refinery on the western coast of India. Photo: Bloomberg

Essar Oil shares plunge 10% after hitting 7-year high on Rosneft deal

1 min read . 09 Jul 2015

Hindalco said to seek refinancing of $2.4 billion debt

1 min read . 08 Jul 2015

Tata Steel was the biggest Indian borrower abroad in 2014, raising the equivalent of $5.3 billion to meet capital expenditure and to refinance debt. Photo: Bloomberg

Tata Steel said in talks to lower costs on $1.5 billion loans

1 min read . 02 Jul 2015

The rise of Naveen Jindal’s company, Jindal Steel and Power, was built on coal mines handed out for free by the government. That ended last year when the courts cancelled the permits. Photo: Hindustan Times

Naveen Jindal discovers there’s no such thing as a free lunch

4 min read . 29 May 2015

A file photo of Essar Steel plant in Hazira, Gujarat.

Essar Steel said to revamp debt as loan deemed bad by HDFC Bank

1 min read . 14 May 2015

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