The Cabinet today tweaked pre-1999 oil and gas contracts to provide for proportionate sharing of statutory levies like royalty and cess between the operators of an area, and not put the entire burden on state-owned ONGC.
The Indian Railways has decided to provide free WiFi facility at all its stations, except at halt stations, without involving any expenditure on the national carrier’s account, Minister of State for Railways Rajen Gohain said today.
A high-level delegation from the US today held crucial talks with Foreign Secretary Vijay Gokhale over the US sanctions on import of Iranian oil amid indications that Washington may offer exemption to some countries from the restrictions.
Adani Logistics, an arm of Adani Ports and SEZ, today signed an agreement with NYK Auto Logistics India to form a joint venture that will specialise in transportation of finished vehicles using freight trains.
Market regulator Sebi has given its go-ahead for the initial public offering (IPO) of rail PSU IRCON, which could hit the markets in September to raise about Rs 500 crore, an official said.
GE Grid Solutions today said it has commissioned the first leg of mega grid-stabilisation project of Power Grid Corporation for the northern grid.
Cooking gas (LPG) subsidy has jumped by over 60 per cent in last two months as the government maintains price line despite rising international rates, Indian Oil Corp (IOC) Chairman Sanjiv Singh said.
The nearly three-lakh personnel strong country’s largest paramilitary CRPF today inked a deal with the IRCTC to usher in the easy and fast e-booking of railway tickets system for its jawans and officers by replacing the age-old warrant system.
The ninth round of the city gas distribution (CGD) licences auction, beginning this week, may see funds worth Rs 70,000 crore from winning bidders, which is four times the cumulative Rs 15,000-18,000 crore invested till fiscal year 2018, said a report.
Gujarat State Petroleum Corp (GSPC) will commission a 5 million tonnes a year liquid gas (LNG) import terminal at Mundra in Gujarat in next two to three months, its Managing Director Jagdip Narayan Singh said.