The country's largest stainless steel maker Jindal Steel (Hisar) on Wednesday marked its foray into the defence sector by forging a pact with DRDO for transfer of technology relating to high-nitrogen steel for armour applications.
The first tranche was raised a few weeks ago and the company was looking to raise more if needed.
N G Kannan, director (marketing), Indian Oil Corporation, has taken over as the managing director of petro-retailer IBP Co Ltd.
Insurance companies are anticipating claims of at least Rs 500 crore from the incessant rains and flooding in Chennai.
The Moto Guzzi V9 Bobber, priced at Rs 14 lakh, the V9 Bobber is an expensive proposition but don't discount it yet. BikeDekho reviews the latest Italian bike from one of the oldest surviving motorcycle brands in the world.
State-run Indian Oil Corporation, the country's largest oil refining and marketing firm, today sought a Rs 5.18 per litre hike in the price of diesel and Rs 4.59 per litre increase in petrol prices mainly due to the surge in global crude oil prices.
Reliance Industries Ltd, India's sole private sector refiner, on Monday sought Petroleum Minister Ram Naik's help in getting public sector oil companies to buy fuel from its 33 million tonne Jamnagar refinery in Gujarat.
The Indian crude mix is currently hovering at a record high of $42 per barrel as against an average price of $29 per barrel in FY04
Petroleum Minister Dharmendra Pradhan's wish to levy indirect tax on petrol unlikely to be taken up
Over the long-term, energy stocks are looking attractive due to the fact that demand remains inelastic at the margin, regardless of prices.
Cricket still leads when it comes to sponsorship, but other sports are bridging the gap at a fast clip, says Urvi Malvania.
State-owned Indian Oil Corporation plans to import about 0.7 million tonnes of ultra low sulfur petrol and diesel in February and March to meet the April 1 deadline for supply of green fuels in the country.
Employees of PSU oil firms said they will strike work on Tuesday against the proposed privatisation of cash-rich oil refiner Indian Oil Corp.
The country's largest refiner Indian Oil Corporation will pay $75 million for acquiring 100 petrol stations and storage facilities in Sri Lanka.
The rupee bounced back by four paise to close at 65.27 per dollar on fresh selling of the American currency by banks.
Indian Oil Corporation is mulling setting up a wholly-owned overseas investment vehicle if the government rejects the plan to create a second incarnation of ONGC Videsh Ltd with the participation of all state-owned oil firms.
The government has approved the merger of fuel retailer IBP Co Ltd with IOC in an amalgamation that would provide the state-run refiner improve profits and allow the new entity to compete against private firms and multinationals.
Saudi Aramco will bid government's 34.01 per cent stake in oil refiner Hindustan Petroleum Corporation Ltd.
India's only private sector oil refiner, Reliance Industries, has sought a two-year extension of its agreement with Indian Oil Corp to sell Jamnagar refinery products through the state-run firm's retail network.
Indian Oil Corporation may buy the government's 26 per cent stake in oil and gas exploration firm Oil India Ltd for about Rs 2,000 crore (Rs 20 billion).
These three recipes by Pamela Timms will make for the perfect weekend treat.
Aseem Chhabra lists his 10 favourite non-Indian shows streaming in India -- classics as well as recent shows.
Indian Oil Corporation, the country's largest refiner, has put up a war chest of $2 billion for acquiring a medium-sized foreign oil firm to set up its own exploration and production division.
Take the rediff business quiz and see how much you know about the successful initial public offers by Indian companies ranging from automobiles to oil refiners.
The Indian government does not plan to privatise state-run telecom firms Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd before 2004.
Buoyed by the success in a tiny but exclusive market, Lamborghini India, which operates dealerships in Mumbai, New Delhi and Bengaluru, is going to roll out another two, in Kolkata and Chennai, in the near future.
India is an important market for handset makers.
If you think the XL6 is a brand new, from-the-ground-up car, you have another think coming, says Pablo Chatterji.
China is slowing down, Europe is barely afloat and the US is meeting a larger chunk of its own demand.
Petroleum Minister Ram Naik has mooted sale of 12-15 per cent of government equity in oil refiner Indian Oil Corporation and exploration giant Oil and Natural Gas Corporation in the capital markets to shore-up state finances.
'Today, everybody is on the computer, everybody on the mobile.' 'There is very less physical activity.' 'The treatment most effective in reducing heart disease is exercise.' 'It is very, very, important.'
Indian Oil Corporation, the country's largest refiner, on Monday reported a sharp 30 per cent drop in net profit for 2004-05 to Rs 4890 crore (Rs 48.9 billion) compared to Rs 7,005 crore (Rs 70.05 billion) in the previous fiscal.
Just when the Indian luxury car market has started to see a big boom, Lexus has launched its fourth offering, the NX300h, where NX stands for Nimble Crossover (X). Indian automobile website MotorBeam.com takes the crossover for a brief spin to find out what it has to offer.
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