Union cabinet may review BPCL sale proposal next week

Union cabinet may review BPCL sale proposal next week

India’s cabinet is expected to evaluate a proposal to sell the government’s stake in state-run Bharat Petroleum Corp (BPCL.NS) next week, a government source said. The Indian government plans to sell its entire 53.29% stake along with management control in BPCL for about $10 billion.

Saudi Aramco IPO is a booster for its India investments

Saudi Aramco IPO is a booster for its India investments

The world’s largest initial public offering (IPO), which Saudi Aramco is planning, brings cheer to the Indian market as the Saudi government owned firm targets $100 billion investments in the country. The oil behemoth has announced two voluminous transactions in India

RCEP Risks Wiping Out India’s Solar PV Industry

RCEP Risks Wiping Out India’s Solar PV Industry

As solar tariffs are crashing and new project auctions have not many takers, solar module and cell makers in India are finding the going tough. If India becomes a signatory to the Regional Comprehensive Economic Partnership (RCEP), the Indian PV industry will get wiped out, fears industry….

Infographic: How Coal India fails India

Infographic: How Coal India fails India

Coal supply in India has remained limited despite the increase in demand. The supply-demand mismatch is primarily due to state-run miner Coal India’s inability to achieve production targets in recent years. It ultimately led to a 13 per cent spike in coal import to Rs 1.83 lakh crore.

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