Mittal keen to sell Kazakh oil field stake to OVL

Steel czar Lakshmi N Mittal is keen on selling half of his stake in a Kazakhstan oil field to state-run ONGC Videsh Ltd to tide over the severe financial constraint affecting his planned expansion......

OVL submits bid for 20 per cent stake in oil block

ONGC Videsh Ltd, a wholly-owned subsidiary of Oil and Natural Gas Corporation, has put in a bid to buy stake in a discovered oil block in Angola, after a consortium of two Chinese companies has......

India, China can rule global IT, energy

In 1962, Dutch economist and Noble laureate Jan Tinbergen came out with the 'gravity theory of trade' and immediately created ripples in the staid world of trade theorists. His theory that trade......

Mukesh Ambani: The Mogul of Mumbai

At dusk the port city of Jamnagar glitters like a vast diamond brooch. The port's 600,000-barrel-per-day oil refinery is the jewel in the crown of the largest private-sector enterprise in India,......