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Debjit Chakraborty

Essar Oil opts out, GAIL may step in

Essar Oil Ltd no longer wants to build the 160 km Durgapur-Kolkata gas pipeline, and state-owned GAIL (India) Ltd has shown interest in taking up the project.
Section: Money  | Friday, October 21, 2011 8:00 IST

Coal India unions want 100% hike; co says even 24% tough

Workers unions of Coal India Ltd have demanded a 100% wage hike, but if comments by chairman and managing director N C Jha are anything to go by, it is difficult for the company to match even the last hike.
Section: Money  | Friday, August 26, 2011 8:00 IST

Microfinance loans get priority status

The Reserve Bank of India on Tuesday set the limit on the interest rate charged by companies in the sector at 26% as against 24% recommended.
Section: Money  | Wednesday, May 4, 2011 5:09 IST

Official says time ripe for ONGC stock split

State-owned Oil and Natural Gas Corp Ltd may announce a bonus issue or go in for a stock split ahead of its follow-on public offer which is likely by March, a senior government official said on Monday.
Section: Money  | Tuesday, September 7, 2010 3:19 IST

Oil PSUs may up petrol prices August-end

Hike seen soon after Parliament session; may increase cost by at least Rs 1 per litre.
Section: Money  | Saturday, August 7, 2010 3:00 IST

IOC, BPCL, HPCL face Rs 13,400 crore revenue losses

No intimation on April-June government subsidy yet, finance ministry may seek parliamentary approval only for the Rs14,000 crore cash compensation now
Section: Money  | Saturday, July 24, 2010 2:58 IST

Expert says don’t buy Qatar-Iran gas

The price of gas from Iran or even Qatar, will be too expensive to compete with new sources of domestic gas available within the country.
Section: Money  | Saturday, March 27, 2010 2:32 IST

Government move on price hike in natural gas soon

The price of regulated gas was last revised in 2005 and is currently at $1.79 per million metric British thermal unit (mmBtu).
Section: Money  | Tuesday, March 23, 2010 2:04 IST

ONGC Videsh Ltd to buy 2 ‘producing’ assets

Indian oil refiners imported 114.5 million tonnes (mt) of crude oil during April-December, the first nine months of the current financial year, at a cost of Rs 2.60 lakh crore.
Section: Money  | Friday, March 19, 2010 2:26 IST

Pipe burnt, IOC can’t take full Cairn load now

The crude was supposed to be transferred to IOC’s Gujarat-Panipat pipeline after Cairn piped it to Gujarat from Rajasthan through the heated pipeline it recently completed.
Section: Money  | Tuesday, February 23, 2010 2:45 IST
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