UK firm pays Rs 168 crore for Chennai oil spill

UK firm pays Rs 168 crore for Chennai oil spill

The Directorate General of Shipping’s inquiry into last year’s ship collision off Chennai has found the Captain of BW Maple guilty apart from the non-functional light of a buoy. This has resulted in a compensation of Rs 168 crore paid by the vessel owner through the insurance company.

Investor roadshow in US to draw interest in ONGC, Coal India

Investor roadshow in US to draw interest in ONGC, Coal India

Finance ministry officials and top executives of Oil and Natural Gas Corporation (ONGC) and Coal India (CIL) will hold an investor roadshow in the United States next week to prepare the ground for probable sale of minor stakes in the two firms by the government, people aware of the matter said.

1 2 3 490