Natural Gas
Calcutta  /  Published 28.07.20

Land acquisition hurdle in CNG project

Unavailability of land to lay a pipeline is proving the biggest hurdle in bringing the environment-friendly compressed natural gas (CNG) to Calcutta, the Gas Authority of India Limited (GAIL) had told...
By Jayanta Basu in Calcutta

Business  /  Published 22.07.20

Trade: close to deal with US

India and the US are closing in on a trade deal after almost two years of negotiations. Commerce minister Piyush Goyal said the two countries should look at a preferential trade pact covering 50 to 1...
By Our Special Correspondent in New Delhi

Business  /  Published 08.07.20

Monopoly in city gas distribution sales to end

The Centre is planning to open up the city gas distribution business to competition, which will end the monopoly of Mahanagar Gas Ltd in Mumbai and Indraprastha Gas Ltd in Delhi as consumers get to pi...
By Our Special Correspondent in New Delhi

Business  /  Published 02.07.20

Sensex rallies over 300 points in early trade

Market benchmark Sensex surged over 300 points in early trade on Thursday tracking advances in global equities as positive macroeconomic data flow and hopes of a Covid-19 vaccine boosted investor sent...
By PTI in Mumbai

Business  /  Published 01.07.20

Shell plans to slash value of oil, gas assets

Royal Dutch Shell plans to slash the value of its oil and gas assets by up to $22 billion after the coronavirus crisis hit demand for fuel and weakened the outlook for energy prices, the Anglo-Dutch e...
By Reuters in London

Business  /  Published 01.07.20

ONGC reports quarterly loss of Rs 3,098 crore

Oil and Natural Gas Corp (ONGC) on Tuesday reported its first-ever quarterly loss after it took an impairment on slumping prices. India’s top oil and gas producer reported a Rs 3,098 crore loss...
By Our Special Correspondent in New Delhi

Business  /  Published 28.11.19

ONGC raises $300m at lowest rate

State-owned Oil and Natural Gas Corp (ONGC) has raised $300 million in overseas borrowing at a coupon rate of 3.375 per cent, the lowest by any Indian issuer, to meet its capital expenditure.The 10-ye...
By Our Special Correspondent in New Delhi

Business  /  Published 28.05.20

Cairn told to pay $520 million as profit share

The government has slapped a $520-million (around Rs 3,941 crore) demand notice on billionaire Anil Agarwal’s oil and gas unit Cairn after an audit found alleged discrepancies in cost recovery in th...
By PTI in New Delhi

Business  /  Published 06.10.19

Path clear for privatisation of BPCL

Ahead of a proposed move to fully privatise state-owned fuel retailer Bharat Petroleum Corp Ltd (BPCL), the government had quietly repealed the legislation that had nationalised the company, doing awa...
By PTI in New Delhi

Jharkhand  /  Published 23.08.19

BIT-Sindri alumna returns with success story

BIT-Sindri welcomed a distinguished guest on Friday, who visited her alma mater after 35 years, barring a brief trip in 2014, and shared her success story with the wide-eyed BTech students on the camp...
By Praduman Choubey in Dhanbad


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