Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India. G K Satish, who retired as director for business development at IOC in 2021, is one of the three new faces appointed to the 11-strong board of directors of Rosneft, according to a statement issued by the Russian firm. Satish, 62, is the first Indian to be appointed to the board of Rosneft.
"We are working on getting into the Gulf countries. We are currently finding ways how we should get into those markets," Bisleri International Chairman Ramesh Chauhan said, but did not give details such as the timeline and investment required for the project.
The length of the main trunk pipeline is 1,385 km from Kakinada to Bharuch and 75 km is the length of the spur lines.
Billionaire Gautam Adani-led group's renewable energy firm on Thursday announced plans to raise Rs 12,300 crore through a share sale to investors as the group continues to build on a comeback strategy to emerge out of allegations of fraud levelled by a US short-seller. Adani Green Energy Ltd in a stock exchange filing said its board has approved raising up to Rs 12,300 crore through an issue of equity shares by way of qualified institutional placement (QIP). The funds are intended to be used for meeting capital needs of the company's expansion plans.
More opportunity awaits in India, thanks to decent economic growth with a rising middle class that's just discovering the web through smartphones
In Dubai, A Ganesh Nadar encountered high speeds on smooth-as-silk-roads, no bureaucracy, gold, Mr Toad's. And snow!
The Koregaon-Bhima Inquiry Commission, probing the January 2018 violence near a memorial in Maharashtra's Pune district, has told the state government that it is suspending all scheduled hearings till the government does not provide it a "suitable accommodation" in Mumbai to conduct the probe into the case.
When Amit Jatia, vice-chairman of Westlife Development (WLDL), which operates fast-food chain McDonald's in West and South India, wanted to become the American fast-food giant's local partner in 1995, he had to first convince his family he would remain a staunch vegetarian. As McDonald's - home of the iconic Big Mac - completes 25 years in India, being one of the largest operators in the quick-service restaurant (QSR) segment in the country with over 300 outlets, Jatia has held on to the promise he made to his family. Not one to sit back and watch anyone flip the Big Mac, he gets straight to the meat of the matter when he says McDonald's success menu will see the QSR expand its ever-hungry 'foodprint' by doubling the number of joints and increasing its average unit volume by 35-40 per cent in five years.
Like corporations all round the world and of all nationalities, Indian businesses understand the urgent need to acquire global scale and efficiencies to succeed.
'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'
Indian officials will focus on expanding the country's footprint in oil-rich Siberia when they meet their Russian counterparts at the four-day 7th Eastern Economic Forum beginning Monday in Vladivostok. The two sides will discuss the possibility of joint oil exploration in the area and cooperation in running offshore oil and gas fields Western companies are in the process of exiting, officials said in New Delhi. Pavan Kapoor, India's ambassador to Russia, will lead the official-level talks at the summit scheduled September 5-8.
'Unless she joins one of the coalitions, she has a bleak future.' 'The NDA option is suicidal, but INDIA could help her.'
Sarva Brahmin Mahasabha has demanded the state government to immediately stop the shooting of the Kangana Ranaut starrer Manikarnika: The Queen of Jhansi.
Indian imports of Russian oil plunged by a record in August month-on-month (M-o-M) as discounts on the fuel shrank in tandem with rising Brent oil prices. Higher crude prices will drive inflation or hurt earnings at oil companies and India's fiscal position if such spikes are not passed on to consumers. Indian purchases of Russian crude declined by around 24 per cent in August from July to the lowest level since January, with refiners expecting volumes to drop further amid rising rates of Russian benchmark Urals grade, substantial stocks at refiners, and planned maintenance at Indian refineries, according to ship tracking data and industry officials.
How many of these have you already visited?
A number of popular rock bands including Indian Ocean and famed singers like Daler Mehndi and Hariharan are likely to spice up the excitement at the Delhi Games with a series of dazzling performances for over a week.
A top management leadership team from SoftBank has been coming to India in the last few days to meet the founders of start-ups and other investors, signalling the country's emergence as a pivotal market for the global investment giant. Based on current estimates, India accounts for nearly 10 per cent ($20 billion) of SoftBank's invested assets under management (AUM) globally. That makes the country its third largest market after the US and China.
Historians say the coastal state had witnessed a number of minor and major struggles against foreign powers even before the 1857 Sepoy Mutiny, which has so far been regarded as the first war of Indian Independence.
Tamil actor Sarath Kumar on his role in the upcoming Malayalam film.
Why do Innovation Revolutions happen outside India, asks Ajit Balakrishnan.
'On the LAC, China can undertake military action at any place with much fewer resources. It can do 'salami slicing'.'
Leslie's granddaughter Sonia Biden Francis, a Nagpur-based psychologist, said that 'Bidens in Nagpur and everywhere' are elated with Joe Biden's victory in the US presidential election.
Apart from Sharad Pawar, the commission will also record the evidence of the then superintendent of police (Pune Rural) Suvez Haq, then additional SP, Sandip Pakhale and the then additional commissioner, Pune, Ravindra Sengaonkar, between February 21 and February 25.
West Bengal Chief Minister Mamata Banerjee on Thursday said there is no alternative to the Trinamool Congress, and no other party can take its place in the state.
Public sector telecom major, Bharat Sanchar Nigam Limited (BSNL), is all set to launch its 3G operations in 700 cities across north and east India by June and east India by June and in the south by July, a senior company official said.
'Consumers are willing to increase travel spends by 20-30 per cent versus pre-pandemic.'
This is the second death of Russian lawmakers within a week in the same Odisha hotel.
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
After years of being sequestered by the pandemic, some intrepid travellers are planning to settle their score with the novel coronavirus. With fewer or no travel curbs, they are eager to get back on the road, again. Hotels and tour operators, too, are eager to shed excess Covid baggage. And this year's Diwali promises to add that extra layer sparkle with the introduction of new flights.
FMCG major HUL on Friday announced the appointment of Rohit Jawa as the managing director & chief executive officer to succeed Sanjiv Mehta who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD & CEO will be subject to approval of Shareholders and other statutory approvals as may be applicable," it added.
Floodwaters of the overflowing Yamuna reached the entrance of the Supreme Court in Central Delhi on Friday as the regulator of the Delhi irrigation and flood control department at Indraprastha suffered damage on Thursday evening.
India's east coast is emerging as one of the hydrocarbon hotspots in the world with 100 trillion cubic feet of gas and two billion barrels of oil in place.
GAIL (India) Ltd has pre-poned the supply of gas from the US and is looking to contract more LNG next year as it doubles down efforts to secure affordable energy supplies to meet the needs of Asia's third-largest economy, chairman Manoj Jain said. India's No.1 gas transporting and marketing firm has long-term liquefied natural gas (LNG) supply contracts from the US to Australia and with Russia, supplementing domestic gas supplies. "In 3Q (October-December 2021) we preponed a couple of cargoes (LNG shiploads) from supplies that we were to receive next year and we did it again in the current quarter," Jain told PTI. This is because US LNG costs one-third of the price of gas available in the spot or current market.
'Political convenience' and 'personal ambition' played a major part in Scindia's decision to the Congress, said a party leader.
'We plan to add over 100,000 square kilometres every year, to reach an ambitious target of 500,000 square kilometres by 2025.'
New Delhi has missed its target for partial privatisations for the past five years
Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 5,77,875 units in 2021-22 fiscal, as compared to 4,04,397 units in 2020-21. Passenger car shipments saw 42 per cent growth at 3,74,986 units, while utility vehicle exports rose 46 per cent at 2,01,036 units during the last fiscal, the data by the Society of Indian Automobile Manufacturers (SIAM) showed.
Visiting the Rezang La Memorial, one has a feeling of super-humans defending the Indian territory against the Chinese onslaught, says Claude Arpi on the 60th anniversary of the heroic battle of the 1962 War.
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