In a first for an Indian company after the Gulf War in Iraq, Reliance Industries Ltd (RIL) has bagged two oil blocks in Iraq’s troubled Kurdish region.
Section: Money | Thursday, November 8, 2007 3:34 IST
Indian Oil Corporation (IOC), the country’s biggest petroleum retailer, on Tuesday sought a hike in prices of petrol, diesel, domestic LPG nad kerosene.
Section: Money | Wednesday, October 31, 2007 3:40 IST
The country’s crude oil basket may have touched a historic high of $84.78 a barrel, but Indian Oil Corporation (IOC) is still expected to declare a profit.
Section: Money | Tuesday, October 30, 2007 3:33 IST
Market rumours that Cairn Plc was being bought over by BP for a possible consideration of £3.6 billion saw its group company Cairn India’s scrip touching a 52-week high.
Section: Money | Thursday, October 25, 2007 4:30 IST
The stage is completely set for the next round of bidding for oil and gas blocks under the New Exploration and Licensing Policy (NELP).
Section: Money | Thursday, October 25, 2007 3:44 IST
The government may have decided to dole out a compensation package for oil marketing companies (OMCs) to save them from going into the red.
Section: Money | Wednesday, October 17, 2007 5:57 IST
Maharashtra plans to remove the export fee on ethanol. At present, the state levies a fee of Rs 1.50 a litre on the movement of ethanol to other states.
Section: Money | Wednesday, October 17, 2007 3:17 IST
The IFCI board decided to give an option to 30 financial institutions, including Life Insurance Corporation, to covert their zero-coupon convertible debentures issued in 2002-03 into equity to the extent of 50%.
Section: Money | Tuesday, October 16, 2007 3:21 IST
Over half a dozen local power majors have interest in building three hydroelectric power projects in Nepal. Bidding ended on January 31, 2006.
Section: Money | Monday, February 5, 2007 23:59 IST
Petroleum Minister Murli Deora has given oil companies the go-ahead to market ethanol-blended petrol throughout the country from November 1.
Section: India | Saturday, September 9, 2006 0:46 IST
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