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Chennai Petroleum Corp Ltd

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Diesel price cut for first time in close to 6 months; petrol unchanged

Diesel rates had gone up by Rs 12.55 a litre between June 7, when oil firms resumed revising prices in line with cost, and July 25. Diesel price on Thursday was cut for the first time in close to......

India seeks stake in Russian oil fields in oil quest

India on Tuesday pitched for a stake in vast oil and gas fields as well as LNG terminals in the frozen Arctic of Far East Russia as it looked to import more oil from the former Soviet republic as......

Vajpayee: The father of 2nd generation economic reforms

Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four......

Oil giant ahoy! ONGC may buy out HPCL in 44K cr deal

The State-owned Oil and Natural Gas Corporation may acquire India's third-biggest fuel retailer HPCL in an approximately 44,000 crore (USD 6.6 billion) deal as part of the government's plan to......

Chennai flood insurance claims estimated at Rs 500 cr

Insurance companies are anticipating claims of at least Rs 500 crore from the incessant rains and flooding in Chennai. Motor insurance would account for the largest amount of claims and public......

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