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Nelp Ix

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Sensex, Nifty post best gain in a month

Prospects of an interest rate cut by the RBI at its forthcoming monetary policy review spurted buying across the board. Markets rebounded to end with strong gains amid a rally in global stocks......

BHP Billiton may not review India exit plan

Petroleum Minister M Veerappa Moily may want BHP Billiton to review its India exploration and production plans, but the Anglo-Australian energy major seems to have no such plans. For simplification......

BHP gives up nine oil & gas exploration blocks in India

Global miner BHP Billiton said on Monday it has given up nine oil and gas exploration blocks in India due to its inability to carry out exploration operations there.The company is withdrawing from......

NELP-IX: Reliance bids for 6, Cairn for 2 blocks

Reliance Industries on Monday bid for six oil and gas exploration blocks while Cairn India submitted offers for two out of the 34 on offer in the 9th round of auction under the New Exploration......

Move on tax holiday may impact Nelp-IX bidding

The government's decision not to extend the tax holiday on exploration of oil blocks being offered in the ninth round of bidding under the New Exploration and Licensing Policy (Nelp) may impact the......

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