Bharti Airtel to sell 5% stake to Qatar Foundation

Telecom major Bharti Airtel on Friday announced that it will sell 5 per cent stake to Doha-based Qatar Foundation Endowment for around Rs 6,800 crore ($1.26 billion) by issuing over 199.87 million......

'Current oil prices are sustainable'

The current oil prices at nearly $83 a barrel, which are slightly above the $70-80 band, are ideal for producers and consumers and are at sustainable levels, Saudi Arabia Minister of Petroleum and......

Warning on price volatility of oil

Oil consumers and producers united yesterday to warn that extreme price volatility was dangerous for the world economy, but disagreed on what an appropriate price should be. The disagreement in a......

Saudis urge 2m b/d oil output cut

Saudi Arabia on Tuesday said oil producers needed to take about 2m more barrels a day off the market to shore up falling prices. Arriving in Oran, Algeria, ahead of an Opec ministerial meeting on......

Al Hussein, Dempo to clash in AFC Cup

The soaring heat could pose a hurdle for Al Hussein when they take on Federation Cup champions Dempo in the first leg tie of the AFC Cup at the Nehru stadium, in Fatorda, Goa, on Wednesday.Al......