India is leveraging its relationship with West Asian oil producers such as Saudi Arabia, Kuwait and United Arab Emirates (UAE) to source additional crude oil at similar terms as those entered for annual contracts.
The Trump administration is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from US sanctions if they continue to import oil from Iran, officials said Sunday.
India’s temporary reprieve along with seven other countries to buy Iranian oil is expected to end shortly, with the United States slated to terminate the conditional waiver.
After delivering handsome returns in 2016, shares of Power Grid Corp. of India Ltd began trailing the broader markets from mid-2017. Compared to a 15% rise in the Nifty 500 index, the stock lost 8% from July 2017.
Indian Railways is rightfully considered the lifeline of the country. So you’ll agree that as India celebrates the 150th birth anniversary of Mohandas K Gandhi — kicking off a two-year period of celebration in 2018
National transporter Indian Railways account for nearly three-fifths of 344 central sector projects that are facing huge cost overrun due to delay in implementation for various reasons.
Canada’s Brookfield Asset Management Inc. is in talks to buy a majority stake in Hyderabad-based Mytrah Energy as the alternative assets manager looks to make its first renewable investment of more than $1 billion in India, said three people aware of the development.
Reliance Industries Saturday said it is not in violation of the US sanctions on Venezuela and had purchased crude originating from the Latin American nation from companies such as Russia’s Rosneft in full knowledge of US authorities.
Bharatiya Janata Party (BJP) spokesperson Sambit Patra, who is contesting from Puri, Odisha, in the ongoing Lok Sabha elections, helped create a wave of criticism against Prime Minister Narendra Modi’s Ujjwala programme,
Mukesh Ambani’s Reliance Industries is reportedly in talks to sell a 25% stake in its refinery and petrochem business to Saudi Aramco for an estimated $10-15 billion. Details of the deal aren’t known yet, but it could be a gateway to India for the Saudi state-owned company that boasts of the world’s biggest crude oil reserves
