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Microsoft Q1 2018 Results Show Strong Growth in Cloud Services

Commercial cloud services are helping to drive fast business growth for Microsoft, the company reported yesterday, noting that its Q1 2018 performance has already surpassed its previous financial goals. Microsoft attributed the strong cloud demand to the ongoing trend of digital transformation in the business world. During the first quarter, ... Read More »

RIL, BP to acquire Niko Resources’ 10% stake in gas block

Reliance Industries (RIL) and British energy giant BP Plc is planning to acquire their cash-strapped partner Niko Resources’ 10% stake in gas discovery block NEC- 25 in the Bay of Bengal. RIL is the operator of the block with 60% interest, while BP of the UK has 30% stake. Niko’s ... Read More »

RIL, BP to acquire Niko Resources’ 10% stake in gas block

Reliance Industries (RIL) and British energy giant BP Plc is planning to acquire their cash-strapped partner Niko Resources’ 10% stake in gas discovery block NEC- 25 in the Bay of Bengal. RIL is the operator of the block with 60% interest, while BP of the UK has 30% stake. Niko’s ... Read More »