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    • SCI to scout for second-hand LNG carriers: Gadkari

      Union Shipping Minister Nitin Gadkari on Wednesday said he has asked state-run Shipping Corporation of India to scout for used LNG ships in the international market, which will help in transportation of the fuel till the country starts building such vessels indigenously.

    • Stay invested in Oil India, says Sharmila Joshi

      Sharmila Joshi, Head of Equity of Peerless Securities advised holding Oil India. She said one could take a call when the stock moves close to Rs 600 level.

    • Badal gives nod for setting up 1000 MW power plant

      Punjab Chief Minister Parkash Singh Badal today gave in-principle approval for a gas based 1,000 MW power plant, to be set up in collaboration with Gas Authority of India (Gail) at Ropar.

    • Cairn India upset over cess hike, writes to PM: Sources

      Cairn India has written to the Prime Minister protesting against the incremental cess which was announced in the Union Budget 2012-13, CNBC-TV18 has learnt.

    • FY12 subsidy to be 5-10% higher than in FY11, expects GAIL

      BC Tripathi, chairman and managing director of Gail expects to maintain transmission volumes at 120 mmscmd. However, Tripathi feels that the FY12 subsidy will be 5-10% higher than in FY11. The upstream subsidy is expected to be at 33% in FY12, he added.

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