• GeoGlobal Resources (GGR) Gets Approval for Offshore Oil

    GeoGlobal Resources, Inc., an oil and natural gas exploration and development company focusing on India, has announced another step forward in its bid for oil off the coast of eastern India, as part of a consortium led by GSPC (Gujarat State Petroleum Corporation). The company has announced that all signatures for the approval of the [...]
  • Indian market tumbles on profit taking; small caps extend rally

    The Indian market ended sharply lower on Thursday, as traders took profits in frontline stocks and bought under-valued smallcap stocks. Weak cues from the overseas market also kept the large-cap indexes under check.