Nidhi Verma And Sumeet Chatterjee

Stories by Nidhi Verma And Sumeet Chatterjee

India's oil imports from Iran jumped sharply in 2014

India's oil imports from Iran jumped sharply in 2014

Rediff.com   16 Jan 2015

India's Iran imports rise to 276,800 bpd vs 195,600 bpd in 2013.

Xiaomi's India smartphone ban exposes wider patent risk

Xiaomi's India smartphone ban exposes wider patent risk

Rediff.com   14 Dec 2014

Xiaomi said in a statement that "it isn't easy" to build up a patent portfolio as a start-up company, but it aims to have filed 8,000 applications by 2016.

Can Snapdeal become India's Alibaba?

Can Snapdeal become India's Alibaba?

Rediff.com   30 Oct 2014

The 24-hour delivery offer applies only to select postal codes and is not available across the country.

Diesel decontrol: Private retailers may come back to business

Diesel decontrol: Private retailers may come back to business

Rediff.com   21 Oct 2014

Diesel makes up nearly half of fuel demand in Asia's No 3 economy.

India's older refineries to face survival test on diesel deregulation

India's older refineries to face survival test on diesel deregulation

Rediff.com   26 Sep 2014

These refineries, commissioned mostly in the 1950s and 1960s during India's early industrialisation push, are inefficient and costly to maintain compared to their modern counterparts on the coast mainly operated by private companies.

Decision on diesel deregulation after state polls

Decision on diesel deregulation after state polls

Rediff.com   16 Sep 2014

This is perhaps the first time that retail prices in India are higher than the global rates

Banks pile pressure on Mallya over airline loans

Banks pile pressure on Mallya over airline loans

Rediff.com   6 Sep 2014

Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".

Reliance plans $13 billion project including new refinery

Reliance plans $13 billion project including new refinery

Rediff.com   29 Aug 2014

Reliance Industries has sought environment ministry approval for a $13 billion upgrade to its Jamnagar complex, including a 400,000 barrels per day (bpd) refinery.

Piramal, Dutch fund tie up for $1 bn infra investment

Piramal, Dutch fund tie up for $1 bn infra investment

Rediff.com   30 Jul 2014

Piramal, controlled by billionaire Ajay Piramal, and APG will invest in local infrastructure companies through rupee-denominated mezzanine instruments.

Government mulls selling $3 billion stake in ONGC

Government mulls selling $3 billion stake in ONGC

Rediff.com   15 Jul 2014

The government will decide in August whether to sell a 5 percent stake in ONGC, a senior oil ministry official said, in a deal that would be worth $2.9 billion at current market prices.

Riding on Modinomics hopes, indebted cos rush to lock in funds

Riding on Modinomics hopes, indebted cos rush to lock in funds

Rediff.com   7 Jul 2014

A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.

US says Fed not involved in clearing India's Iran oil dues

US says Fed not involved in clearing India's Iran oil dues

Rediff.com   24 Jun 2014

The comment was in response to a June 19 Reuters story citing sources with knowledge of the matter as saying that India planned to clear some oil payments to Iran through the United Arab Emirates central bank.

Iraq-driven oil spike threatens to blow hole in Indian budget

Iraq-driven oil spike threatens to blow hole in Indian budget

Rediff.com   18 Jun 2014

Finance Minister Arun Jaitley presents his maiden budget next month and faces headwinds from a weak economy, a food inflation scare and now the risk that higher oil prices could swell the government's oil subsidy bill.

Rajasthan block: Cairn India gets nod for raising oil output

Rajasthan block: Cairn India gets nod for raising oil output

Rediff.com   17 Jun 2014

The panel, however, set some conditions for the company, including that Cairn India will have to upload the status of environment compliance, including results of monitored data, on its website and update it periodically.

Modi's landslide win may bring IPOs back to table

Modi's landslide win may bring IPOs back to table

Rediff.com   21 May 2014

Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria

Vodafone begins arbitration against India in tax dispute

Vodafone begins arbitration against India in tax dispute

Rediff.com   8 May 2014

The British mobile phone operator was widely expected to go for an international arbitration after its talks with the Indian government failed to find a solution last year.

India's drug inspectors hard-pressed to scrutinise factories

India's drug inspectors hard-pressed to scrutinise factories

Rediff.com   7 Apr 2014

There are just 1,500 drug inspectors responsible for more than 10,000 factories in India

HPCL to export gasoline due to maintenance

HPCL to export gasoline due to maintenance

Rediff.com   31 Mar 2014

The shutdown of the gasoline making units would result in the production of high sulphur gasoline that cannot be sold in India.

RIL's Jan oil imports down 14.2% from Dec

RIL's Jan oil imports down 14.2% from Dec

Rediff.com   25 Feb 2014

Reliance imported about 1.09 million bpd in January as it had cut runs at its older 660,000 barrels per day (bpd) plant by about 23 per cent from a year ago.

Corporates cheer as Moily takes charge of green nod

Corporates cheer as Moily takes charge of green nod

Rediff.com   3 Feb 2014

As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.