The new Australian government is looking to expand its trade ties with India in areas other than from thermal coal, where it is confident that the demand will remain robust.
The state-run oil marketing companies (OMCs) — Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) — are planning to expand doorstep delivery of diesel to 20 more cities, and introduce home delivery of petrol by the next quarter.
Suzlon Energy’s consolidated net loss narrowed to Rs 336.88 crore in the June quarter, on account of lower expenses. The company had reported a loss of Rs 575.10 crore in the corresponding period of the previous financial year.
While tabling the Economic Survey 2018-2019 report, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Thursday stated that the country is undertaking one of the world’s largest renewable energy expansion programmes.
Upset with the government’s plan to corporatise railways’ production units, the Indian Railways’ largest workers’ union has warned the ministry of an unrest brewing among the national transporter’s workforce.
Adding another feather to its cap, Delhi Metro has become the first-ever such project in the country to receive power generated from a waste-to-energy plant, the DMRC said.
Major crude producers are set to meet on Sunday to discuss how to stabilise a volatile oil market amid rising US-Iran tensions in the Gulf, which threaten to disrupt supply. Key OPEC members and other major suppliers including Russia will assess the oil market and examine compliance to production cuts agreed late last year.
India is feasting on Venezuelan oil, after the US imposed a de facto ban on crude imports from the Latin American nation. While flows to the US came to a halt, India became the No. 1 buyer of Venezuelan crude in the first half of February
Coal India Limited (CIL) is fast tracking the process of procuring 360 high capacity mining equipment valued at over Rs 7000 crore to bolster production after reviving the one billion tonne production target, officials said Thursday.
The National Company Law Tribunal (NCLT) has allowed the former directors of the crippled IL&FS Group to withdraw Rs 2 lakh each per month from one of their bank accounts after intimating the the tribunal.