Hinduja Group company Gulf Oil Corporation Ltd will acquire 51 per cent stake in Gulf Oil Yantai (Co) Ltd in China for $ 5 million as part of company's expansion plans in Asia-Pacific region.
2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.
The reasons are manifold including personal, financial, family and work related.\n
A bunch of enthusiastic riders participated in the twentieth edition of the Gulf Monsoon Scooter Rally 2009 in Mumbai on Sunday.
The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sour Urals grade to Paradip port on February 28.
Indian Navy spokesperson on Wednesday said its stealth frigate INS Tabar, currently deployed in the Gulf of Aden for anti-piracy surveillance and patrol operations, had successfully sorted out the pirates last evening 285 nautical miles south west of Salalah in Oman.
Karim Benzema will leave Real Madrid as a free agent in the close season after 14 trophy-laden years
The Indian Navy has deployed task groups comprising frontline destroyers and frigates in the central and north Arabian Sea and augmented its force levels in the region to undertake maritime security operations in view of recent attacks on commercial vessels in key shipping lanes.
At the end of four hours of competition that included negotiating hairpin bends, steep jumps and obstacles over dirt terrain, all at breakneck speed, motorcycle racing freaks were left awestruck.
Global bank HSBC has launched a new money transfer service for Indians living in the Gulf in a bid to boost its share of the multi-billion dollar India remittance pie.
Bin Salman is currently on a State visit to India following end of the G20 Summit.
United States has moved more warships and fighter aircraft to the Persian Gulf to keep the strategic Straits of Hormuz open and strike deep within Iran if the stand-off over its nuclear programme escalates.
Gulf region security vital to India, says top diplomat
In Dubai, A Ganesh Nadar encountered high speeds on smooth-as-silk-roads, no bureaucracy, gold, Mr Toad's. And snow!
The spill in the Gulf of Mexico, which happened in April, not only resulted in huge financial liabilities for BP but also saw the ouster of its chief Tony Hayward.
A Chinese vessel was hijacked by pirates in the Gulf of Oman on Friday. The cargo ship belonging to a Nanjing company was hijacked at about 9:30 am local time (1030 IST) in the Sea of Oman near the Iranian port Chabahar, state-run Xinhua news agency reported.
This is the most successful equity raising by the project's promoter Bahrain-based Gulf Finance House which is now looking at further investment opportunities in India. The project, with an estimated development value of $2 billion, will be built on 300 acres of land in Maharashtra.
According to Nouveau-Nikolajsen, economic uncertainty and currency fluctuations have led to growth in the global forex market, where the daily turnover is estimated at $4 trillion, three times as much as the rest of the financial markets combined.
To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.
Sources in the Intelligence Bureau have said that money for election campaigns was being channelised by politicians who had earlier parked it with operatives in the Gulf. Vicky Nanjappa reports.
You don't want to fight and do trade at the same time. Meanwhile, diplomacy is going on and sometimes solutions to difficult situations do not come in haste, Jaishankar asserted.
The appeal was directed at a group in Iraq, which is holding seven persons, including three Indians, hostage.
In a move which could pave the way for a Free Trade Agreement between India and the Gulf Cooperation Council, both the partners have concluded negotiations for a Framework Agreement expected to be inked soon.
Indian imports of Russian crude oil may stabilise or even decline in 2024 from record 2023 levels amid shrinking discounts, lower output, and a rebound in West Asian supplies, according to the ship-tracking data and industry executives. This may impact the billions of dollars in annual savings that India made last year. Imports of Russian oil jumped by a record 140 per cent in calendar 2023 to 1.79 million barrels a day (b/d) from 740,400 b/d in 2022, when Russia marched into Ukraine in February, and from just 102,000 b/d in 2021, according to the data from Paris-based market intelligence agency Kpler.
The two warships have docked at a UAE port as part of a rare Gulf tour to foster maritime goodwill with the Arab nations.
Paris is, and will continue to be, dogged by the usual gripes about staging the greatest show on earth.
In the wake of the tussle between the Birlas and Rajendra S Lodha over the will of Late Priyamvada Birla, chartered accountants firm Lodha & Company said it was not seeking re-appointment as auditors of Indo Gulf Fertilisers Ltd.
Bhutto said the staging of peaceful demonstrations against the suspension of the chief justice was their democratic right and that the arrest of leaders and workers was condemnable.
A welfare fund meant for the Indian workers in the Gulf countries is in the advanced stage of finalisation, Minister of State for External Affairs Digvijay Singh said.
Gulf Oil Lubricants wanted to recruit a woman's cricketer as brand ambassador -- MSD and Hardik Pandya are its other product plenipotentiaries -- signing Smriti was a no brainer.
Lubricants company Gulf Oil Corporation Ltd will add about 1,000 distributors to its network and plans to market automotive batteries and other accessories through the same channel.
The government is taking the first steps towards opening of the Gulf region to private airlines -- by setting a high-level committee under the aegis of the aviation ministry -- to examine the contentious issue.
Arab Gulf economies are set to benefit from large government spending programmes and high oil prices in the second half of the year, despite concerns over political turmoil in the Middle East and Europe's sovereign debt crisis, a senior bank official has said.
As Anna Hazare mobilised hundreds and thousands in the country's capital and millions across the country in his crusade against corruption, a large number of Indians in the Gulf region remained glued to their television sets to watch the unfolding events.
After a night-long operation, the aircraft was lifted at 6 am with the help of huge cranes. A 100-member expert team from Mumbai was at the spot to assist the operation.
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