Price War

Pumping oil: OPEC heading for no supply cut to prop up prices

OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop up prices that have sunk by a third since June.<br />

Mukesh Ambani's gamble: What challenges RIL's 4G plan faces

Three years ago energy conglomerate Reliance Industries Ltd (RIL) won an exclusive nationwide licence to roll out 4G across India, giving it a foothold to tap a potentially lucrative market in phones, tablets, computers and television.

Airlines start 'jaldi-jaldi' scheme to return to price war

Air India and Jet Airways are offering discounts on tickets booked a month in advance. Indigo has joined the battle for market share. With other low-cost carriers following, the price war is now full blown.

Why Jet and Air India's discount strategy will keep investors at bay

This aggressive pricing strategy adopted by Air India and Jet Airways will only make matters worse. This is because the operating landscape has not changed and more discounts could increase competition and reverse the benefits of the current consolidation.

Global demand for OPEC oil to fall to lowest level in over a decade

Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the US. shale boom.<br />