May 02, 2016 at 08:52 | Source: PTI
Government sources said there has been a series of discussions at various levels both in Tehran and here and both sides were confident of resolving the issue soon.
Apr 27, 2016 at 16:20 | Source: PTI
Iran is insisting on interest being paid after differences cropped up over foreign exchange rate.
Apr 24, 2016 at 14:09 | Source: PTI
Reliance Industries, which had invested around Rs 5,000 crore to set up over 1,400 filling stations and shuttered all of them in May 2008, is planning to open "a couple of hundreds more" by the end of this fiscal.
Apr 24, 2016 at 11:41 | Source: PTI
Reliance Industries has bought crude oil from Iran after a 6-year break and is looking to strike a long-term fixed quantity deal, post lifting of sanctions.
Apr 17, 2016 at 16:23 | Source: PTI
Resetting ties, India and Iran today held extensive talks on stepping up engagement on a range of key areas, particularly to increase Indian investment in oil and gas sectors in the Persian Gulf nation which has opened several lucrative sectors after lifting of sanctions under a landmark nuclear deal.
Apr 17, 2016 at 14:58 | Source: PTI
Essar Oil UK plans to grow its network of petrol pumps in the United Kingdom to 400 in three years to capture about 10 per cent of the market share. The company, the only Indian firm to own a refinery in Europe, opened its first petrol pump at Coalville in Leicestershire in November last year and has added six more services stations since then.
Apr 11, 2016 at 13:22 | Source: PTI
"This decrease can be attributed primarily to the base effect as 2014-15 had one mega offer of Rs 11,449 crore from Relay BV for United Spirits," Prime Database Managing Director Pranav Haldea said.
Apr 05, 2016 at 20:14 | Source: PTI
The Reserve Bank of India is holding discussions with Tehran on modalities of payment of reported dues of USD 6.5 billion for oil imports, Governor Raghuram Rajan today said.
Mar 30, 2016 at 18:37 | Source: CNBC-TV18
Meanwhile, banks that have lent to Essar Steel said they are watching the performance of the company and if the pace of repayment is slack then they would insist on stake sale rather than restructuring of loans.
Mar 22, 2016 at 08:56 | Source: PTI
"There is also risk associated with Essar Group having become a private company in December 2015. If the delisting leads to a deterioration of corporate governance standards at Essar Group, it could increase execution risks and prevent Rosneft from extracting value from the joint venture," the rating agency said in a note.