IOC, at present, has seven refineries with a cumulative capacity of 54.2 million tonnes per annum capacity.
Sebi's move to reduce time period required between subsequent QIPs to two weeks would help companies raise capital at regular intervals and time their share sale better.
Two decades ago when someone said, "I am on a diet," you assumed they would be eating less of everything. Today, those few words lead to a whole new discourse, says Ambi Parameswaran.
RIL might see its September quarter's profit between Rs 5,600 crore and Rs 5,670 crore.
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
The move comes amid hectic diplomatic manoeuvring between the two countries over a host of issues like Nuclear Suppliers Group and designation of Masood Azhar as a terrorist by the United Nations.
Prime Minister Modi arrived in Riyadh late Monday night on a two-day visit to Saudi Arabia to participate in the high-profile financial summit Future Investment Initiative, dubbed "Davos in the desert", an initiative of Saudi Crown Prince Mohammed bin Salman.
From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.
The bonds will likely be simultaneously launched in major financial centres such as London, Singapore, Hong Kong, New York for a term of no less than 20 years.
Even if our weight yo-yos, our overall health will keep getting better.
Vedanta Resources, the Indian mining company floated last month, has said copper and zinc production had increased sharply over the last quarter and commodity prices in India had begun to improve.
Lack of physical exercise lowers the body's lean mass, reduces the metabolic rate and causes increase in fat percentage, warns Komal Jethmalani.
The crisis is not upon India immediately, as the US sanctions give a six-month breathing space for countries to act.
What has really alarmed the police, and also the families of young drug abusers, is the entry of "chitta" -- a highly refined white powdery semi-synthetic substance (mainly heroine) -- into the drug scene and has spread like wildfire among the state's youth. Ashwani Sharma reports.
The last week of March saw a series of new refining capacity going on stream. HPCL-Mittal Energy, Essar Oil and Mangalore Refinery & Petrochemicals (MRPL) were able to announce completion of capacity additions a couple of days before the seven-year tax holiday in this regard came to an end, on March 31.
Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector.
Express your love with these delicious desserts.
'Air India's privatisation is acceptable as long as its control does not pass on to a foreign entity,' says A K Bhattacharya.
As of now, tankers carry petroleum products from India to Nepal as part of an arrangement which is in place since 1973.
India has rejected a request from BP Plc to be allowed to sell jet fuel to the booming aviation market.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
Report says gold being exported by persons of Indian origin and routed through Dubai
Indian government has hiked the import duty on refined gold three times since January 1 and it now is at a record 10 per cent.
Indian petroleum product exports are likely to rise three to five per cent this fiscal year from 2001/02, a senior industry official said on Monday.
The first cargo of 25,000 tonnes of Euro-IV grade diesel from RIL's refinery at Jamnagar was shipped by Hindustan Petroleum Corporation Ltd on Friday, said an informed source. This is also the first coastal supply of Euro-IV diesel for the Indian market.
Mahindra has unveiled a new design study concept at the Auto Expo 2016.
"We have received complaint from a state yesterday and so far discussed with three states. Too much variations have been reported in results of rapid test kits and RT-PCR kits. We advise states not to use them for the next two days," ICMR's Dr Raman R Gangakhedkar said.
Heavy dollar demand from some banks and importers, mainly oil refiners, weighed on the rupee's fortunes.
India Bullion and Jewellers Association said, self-certification of coins by refineries contravenes the basic purpose of a certifying agency.
We pay homage to Bhanu Athaiya by celebrating her best creations.
Its state-controlled companies are losing a lot of money, and private rivals can't compete.
Indian companies raised over $3.41 billion overseas in December through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), the Reserve Bank of India (RBI) has said.
If the waxy crude oil from Cairn's Mangala field in Rajasthan's Barmer area could get the company such high valuations, the prospects of other companies producing higher-grade crude oil or natural gas certainly brighten.
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
The selected shooters would be mentored by top international coaches and receive training at state-of-the-art facilities, including sports science support, for a full year.
Last June, the group had delisted Essar Energy from the London Stock Exchange as well.
Bollywood mourns Saeed Jaffrey.
What has changed to make our team so much more lethal, asks Aakar Patel.
ONGC Videsh Managing Director Ranbir Singh Butola was selected to head Indian Oil Corp, the nation's largest refining and fuel marketing firm.
The new rate is based on a basic price of petrol, without including any taxes, refining cost or margin, of Rs 41.38 per litre, oil company officials said.
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