Apr 12, 2017 at 13:27 | Source: Reuters
To begin with, daily revision of fuel prices will be implemented in Puducherry and Vizag in southern India, Udaipur in the West, Jamshedpur in the East and Chandigarh in the North, they said.
Apr 07, 2017 at 15:13 | Source: PTI
The company's 20 million tonne a year refinery at Vadinar in Gujarat processed 20.95 MT crude oil in the fiscal year that ended on March 31 (2016-17), a 10 per cent increase over the previous financial year.
Apr 07, 2017 at 10:46 | Source: Reuters
State-owned and India's biggest oil marketing company Indian Oil Corp Ltd and its two smaller peers Bharat Petroleum and Hindustan Petroleum are considering ways to roll out the plan to review petrol and diesel prices daily, executives from the firms told the daily.
Mar 31, 2017 at 21:17
The purchase of Indian refiner Essar Oil by a consortium led by Russian oil company Rosneft has been delayed by a few weeks, the two sides said on Friday, because some Indian lenders to Essar have yet to sign off on the deal.
Mar 31, 2017 at 14:31 | Source: Reuters
"The parties are working towards obtaining the requisite approvals to complete the transaction. We are hopeful that the deal will be completed in the upcoming few weeks," Essar said.
Mar 29, 2017 at 11:54 | Source: Moneycontrol.com
There are many Indian companies that have very high level of indebtedness. However, if the resolution doesnt impact the banking system as a whole, these companies are unlikely to deserve significant attention.
Feb 23, 2017 at 21:10 | Source: PTI
State-owned Oil and Natural Gas Corp (ONGC) today said it will invest Rs 7,327 crore in developing four oil and gas projects, including the Ratna field which it had got back from Essar Oil.
Feb 20, 2017 at 18:45 | Source: Reuters
A consortium led by Russian oil major Rosneft plans to finally complete its USD 12.9 billion acquisition of India's Essar Oil next month, two Russian sources close to the deal told Reuters.
Feb 07, 2017 at 15:00 | Source: PTI
"There will be considerable difficulties in merging a number of entities with differing structures, operational systems and cultures," he said adding it may not be good for consumers as well.
Jan 18, 2017 at 18:44 | Source: PTI
Rapidly becoming an influential market for mergers and acquisitions (M&As) in Asia-pacific region, India hit a record level in this space with 388 deals worth USD 64.5 billion during 2016, said a report.