Anil Ambani dragged to court for $680 million unpaid loan

Anil Ambani dragged to court for $680 million unpaid loan

Three Chinese banks are suing the brother of Asia’s richest man in a London court for failing to pay back $680 million in defaulted loans. The Industrial & Commercial Bank of China Ltd., China Development Bank and the Export-Import Bank of China agreed to loan $925.2 million to Anil Ambani’s firm Reliance Communications Ltd

India’s empty strategic oil reserve is like a gun without bullet

India’s empty strategic oil reserve is like a gun without bullet

Half of India’s strategic petroleum reserve is empty. Empty caverns are not good contributors to energy security – something government officials and oil industry executives realised recently when they sat to count their fall-back options after a drone attack on Saudi Arabia removed 5% of global oil supplies from the market.

How To Find Out Today’s Petrol, Diesel Prices Through SMS

How To Find Out Today’s Petrol, Diesel Prices Through SMS

Did you know that state-run Indian Oil Corporation Limited (IOCL) provides an SMS-based service to notify current fuel prices in different locations in the country? Indian Oil Corporation – the country’s largest fuel retailer – provides an SMS-based service

Petrol, diesel should be cheaper, but they are not!

Petrol, diesel should be cheaper, but they are not!

Fuel prices in India remain stubborn despite a massive slump in global crude oil rates in recent months. Ideally, this drop in international oil prices should reflect in cheaper petrol and diesel back home – but that’s not happening.

UP govt defends power tariff hike

UP govt defends power tariff hike

Uttar Pradesh Energy Minister Shrikant Sharma on Tuesday defended his government’s decision to hike the power tariff for various consumer categories in the state. “Electricity rates have been increased by only 11.50 per cent.

1 2 3 16