The Oil and Natural Gas Corporation plans to invest around Rs 750 crore (Rs 7.50 billion) on upgrading the product quality and debottlenecking in Mangalore Refinery and Petrochemicals Ltd.
State-run Indian Oil Corporation will import 31.41 million tonnes of crude oil this fiscal, 53 per cent of which would be on term contracts.\n\n\n\n
Mangalore Refinery and Petrochemical Ltd on Wednesday prepaid Rs 2,380 crore (Rs 23.80 billion) of rupee loans and said it plans to prepay the remaining Rs 257 crore (Rs 2.57 billion) of debt by January 19.
Deepak Fertilizers plans to revise open offer price to beat Mallya-Poddar efforts
Starting this December, for the first time ever, travellers will be able to embark on a cruise from India.
The country's best riders will be on view in the Gulf Dirt Track Championship, at the NSCI, on April 19 and 20.
US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.
'Those who were not co-operating are co-operating now.' 'Now, our facilities are fit, our doctors are fit and we have a better protocol of how to do isolation, how to do the collection.'
'We will be able to provide 450 square feet house in Rs 5 lakh,' Nitin Gadkari said.
The only way to solve it is through a legislation, Pravin Togadia said.
Oil and Natural Gas Corporation may buyback within five years the 21 per cent equity lenders will have in the loss-making Mangalore Refinery and Petrochemicals Ltd after financial restructuring.
The Industrial Development Bank of India has sold 7.56 crore shares (Rs 10 each) of Mangalore Refinery and Petrochemicals Ltd to ONGC Ltd for about Rs 81.5 crore (Rs 815 million).
State-run Oil and Natural Gas Corporation will buy 20.9 per cent stake held by banks and financial institutions in its subsidiary Mangalore Refinery and Petrochemicals Ltd for around Rs 370 crore.
The lenders have not ruled out selling the property to recover part of their loans to the company.
Australian police on Friday released a new CCTV footage hoping to find the killer of a 41-year-old Indian woman who was brutally stabbed to death in Sydney, just 300m from her home on March 7 this year while she was talking to her husband on the phone.
Yasin Bhatkal was 22 when he had his first tryst with terror. The same is the case of his boss Riyaz Bhatkal too. What motivates these operatives? Is it money or ideology?
The Bangalore-based GMR group has bought out the stakes of US power majors CMS Energy and Public Service Enterprise Group in Tanir Bhavi and Basin Bridge power plants in Karnataka and Tamil Nadu, respectively.
MRPL had its fuel taps running on Monday as union petroleum minister on Saturday said that ONGC will take a controlling 51% stake in the petrochemicals company.
Decks have been cleared for Oil and Natural Gas Corporation to take over the Mangalore Refinery and Petrochemical Ltd with Public Investment Board on Wednesday giving consent to the Rs 659.4 crore (Rs 6.59 billion) proposal.
Business opportunity after phased diesel deregulation the main trigger.
"We will be guided by our national interest," he said.
Veteran journalist and former Prasar Bharati Chairman Madhav Vittal Kamath died at a private hospital in Manipal on Friday. He was 93.
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US President Barack Obama plans to honour Microsoft's Indian-origin CEO Satya Nadella with the 'Champions of Change' award.
On June 1, 2010, under Indian Ports Act, 1908, govt declared Port Blair as 13th major port in India
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
India has rejected a request from BP Plc to be allowed to sell jet fuel to the booming aviation market.
Detectives in Sydney have spoken to more than 2,000 people, taken almost 250 statements. They have considered the possibility that someone in India was involved in, or helped organise, Prabha Arun Kumar's murder.
In a shift from Goa government's earlier stand, Chief Minister Manohar Parrikar on Tuesday said he would not allow the controversial right wing outfit Sri Ram Sene to work in the state.
Congress chief Rahul Gandhi has taken to invest in young people from non-dynastic backgrounds to build a core team of 100-odd youths in every state who believe in the Congress party's philosophy, reports Archis Mohan.
A day after a Goa minister spoke against young girls visiting pubs in short dresses, Sri Ram Sene chief Pramod Muthalik on welcomed the statement saying it showed that several important people shared his views.
There was no casualty and all passengers were taken to Thrissur for their onward journey. Railway ordered a probe.
Nine out of ten terror cases that are reported have had a hawala transaction, reports Vicky Nanjappa
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
'Indian and Iranian sources both confirmed to me that India and Iran are moving ahead to implement a payment system on buying oil from Iran and hope to finalise it very soon,' says Aveek Sen.
The residents of Bhatkal, a port town in northern Karnataka, feign ignorance when asked about Yasin, one of their most infamous residents.
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