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RIL not to sell refined petrol to Iran

Mukesh Ambani-led Reliance Industries has informed the United States that it has stopped selling refined petroleum products to Iran, the US State Department said on Thursday. In addition to RIL,......

Reliance has railway cargo plans

Reliance Industries Ltd is planning to get into the railway container cargo business. Company sources said RIL was interested in the three most profitable routes: Jawaharlal Nehru Port in Navi......

SCI to acquire overseas firm

The Shipping Corporation of India is looking for an overseas acquisition to expand its operations. The company is likely to go for a smaller shipping concern, preferably into tanker or container......

IOC in talks with LNG shipping firms

The Indian Oil Corporation is in talks with foreign companies for shipping liquefied natural gas for the proposed Rs 2,000 crore (Rs 20 billion) Petronet LNG Ltd Kochi terminal.IOC had bid for......

Petronet to float IPO by mid-February

Petronet LNG Ltd, India's flagship liquefied natural gas importer, will float an initial public offering of 261 million shares, representing 34.8 per cent of the total equity of the company, around......

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