Four public sector power companies plan to mop up Rs 6,500 crore (Rs 65 billion) through initial public offers in the next three months.
After the euphoria over the recent oil and gas discoveries made by upstream behemoth Oil and Natural Gas Corporation
While the India-Myanmar gas pipeline continues to hang fire, Oil and Natural Gas Corporation may push for a gas-based power project in Myanmar to bring power to the power-starved north-eastern states
Oil and Natural Gas Corporation and Mukesh Ambani-controlled Reliance Industries may tie up to build a common gas processing unit as the two firms have discovered huge reserves in the Krishna-Godavari basin
Reliance Industries, the country's largest private oil company, is seeking oil and gas fields in Kurdistan.
In an attempt to hold on to its exploration blocks in the Krishna-Godavari basin, Oil and Natural Gas Corporation is in talks with British Gas (BG) and British Petroleum (BP) for joint exploration in four offshore blocks in the region.
Oil marketing companies together would have to make investments of a few hundred crores of rupees to create the facilities that would enable them to blend ethanol in petrol.
While the 5 per cent ethanol blended petrol programme has missed three deadlines
The Denmark-based Widex Aps, a leader in digital hearing aids, has big plans for India through its joint venture called Widex India.