India is in communication with Iranian officials to ensure the safety and secure passage of its ships through the Strait of Hormuz, following recent firing incidents involving Indian vessels.
An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.
If the oil infrastructure is attacked by the United States, the whole area could be flooded with oil, spilling into the Persian Gulf.
Egypt, Pakistan, Saudi Arabia and Turkey met in Islamabad in what analysts say is the formal opening of a new diplomatic formation that could reshape the post-war regional order. Their immediate goal is a ceasefire; their larger ambition is to ensure that neither Iran nor Israel emerges from this war in a dominant position. Pakistan's foreign minister then flew directly to Beijing and mooted a Chinese role as guarantor of any eventual agreement. Prem Panicker continues his must read daily blog on the Gulf War.
Fitness and beauty care company VLCC will start its overseas operations with two centres in Dubai and is also planning to enter neighbouring Pakistan.
Delhi-based VLCC Health Care will soon open centres in Sharjah and Abu Dhabi, a senior official of the company said on Wednesday.
Best red carpet looks from Miss India 2020.
The success of recent IPOs and the stability in the secondary market are propelling many firms and investment bankers to remove their IPO plans.
The Hong Kong-flagged 'VLCC, NAVE CONSTELLATION' was attacked by pirates during the evening hours of December 3 while transiting through Nigeria.
The IPO lane will continue to be busy in December as 10 companies have lined up initial share-sale plans worth more than Rs 10,000 crore, merchant banking sources said on Wednesday. Moreover, the initial public offerings of Star Health and Allied Insurance and Tega Industries are currently open for public subscription. This comes after 10 firms successfully concluded their initial public offerings (IPOs) in November. Among the companies that scheduled their IPOs in this month include RateGain Travel Technologies, travel and hospitality technology services provider, and Anand Rathi Wealth Ltd, part of Mumbai-based financial services group Anand Rathi.
Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.
The Customer Complaints Council pulled up Hindustan Unilever Ltd (HUL) for advertisement of its water purifier product 'Pureit Ultima'.
Listed below are some of the worst diet plans which shouldn't be followed without consulting a practicing dietician.
The 23 year old from Telangana will represent India at the Miss World pageant.
Vandana Luthra, founder and co-chairperson of VLCC Group shares her guide for the perfect New Year look.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
'China's economy continues to slow and the US Fed may still hike rates before the end of the year.'
In an attempt to combat competition from local beauty and wellness salons, companies like Lakme, Habibs and VLCC are gearing up to offer specialised and upgraded services. According to market data, the beauty and wellness industry, which stands at Rs 1,500 crore (Rs 15 billion) right now, was only Rs 400 crore (Rs 4 billion-)-strong in 2004.
Huge investments, product placements and competitive retail strategies are spurring the wellness industry.
Divestment Minister Arun Shourie is believed to have given his approval to acquisition of two new very large crude carriers by Shipping Corporation of India in view of existing uncertainty over divestment of SCI.
'The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,' said Anil Devli, chief executive officer (CEO) of Indian National Shipowners' Association (INSA).
The coronavirus pandemic has changed how businesses look at payments. Earlier, fintech companies said when they were talking to merchants, they were not interested in digitisation.
Our body needs hydration both inside out. But our water intake tends to reduce during the winter season, thus resulting in lifeless skin, says Vandana Luthra.
HR guru Mayank Rautela has some suggestions.
The 'resistant starch' in oats aids in digestion, kicks up your metabolism, lowers cholesterol, controls blood sugar and burns fat, says Vandana Luthra.
India is the 4th largest oil consumer after the US, China and Japan.
Several industry verticals such as food and beverage, education, fashion and tourism are leveraging their growth by franchising their products under various formats.
If an entire business is constructed on the platform of one brand ambassador, there is inherent risk of life-after.
The list acknowledges the 'inroads women are making in the business world'.
Tehran plans to lift exports by 500,000 barrels per day
@015 may be a good year for FMCG firms.
A number of Xooglers are employing lessons and practices learnt during their stint at Google to branch out into innovative ventures.
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