INDIA

IBTimes Logo

Bharat Oman Refineries IPO set for launch

Bharat Oman Refineries Ltd (BORL), an equal joint venture between state-owned Bharat Petroleum Corporation Ltd (BPCL) and Oman Oil Co., is set to raise about Rs.2400 crore ($600 million) by tapping the primary market as well as through a pre-IPO placement, to part finance a Rs.10,400 crore ($2.6 billion) refinery project at Bina, Madhya Pradesh.

Coca-Cola Brings Cola Wars to India

IBTimes Logo
Coca-Cola Inc. is set to invest about Rs.1000 crore ($250 million) in India over the next three years to keep pace with its rival PepsiCo Inc., which presently dominates the local $1.75 billion soft drinks market.
IBTimes Logo

Why is Tata Power silent on Mundra power plant?

By Sreekumar Raghavan MUMBAI: Why is Tata Power Co Ltd silent even as environmental groups have urged World Bank to rethink about funding the $4.5 bn 4000 MW ultra mega coal powered Mundra...
More news
IBTimes Logo

RIL strikes gas again off Andhra coast

Commodity Online MUMBAI: India s leading private sector industrial giant Reliance Industries has announced a second gas discovery in a Krishna Godavari basin block off the Andhra Pradesh co...
IBTimes Logo

Leighton wins $1bn India coal project

Commodity Online SYDNEY: Australia s Leighton Holdings on Thursday announced that it has won two contracts worth $1 billion to develop and operate an open cut coal mine in India s Jharkhand...
IBTimes Logo

As Gold prices shot up its consumption fell

Commodity Online MUMBAI: All these months, gold prices have been skyrocketing. But as prices of the precious metal went up and up, there was little cheer among gold traders and dealers in In...
IBTimes Logo

How steel prices influence inflation

Commodity Online NEW DELHI: Steel prices now a days are playing a crucial role in the financial system as its prices can influence inflation. Spiraling steel prices not only hurt the forging...
IBTimes Logo

Tapping solar energy

Commodity Online India is a sunny country with a solar energy potential of 20 mw every square km. At present, only a tiny fraction of it is being tapped. Solar energy can be used directly in...
IBTimes Logo

India opposes use of foodgrains for biofuels

Commodity Online NEW DELHI: India on Tuesday expressed concern at the increasing use of foodgrains for production of bio fuels.Stating India s position at the Third International Grain Su...
IBTimes Logo

India's exports up by 35% oil imports go up

Commodity Online NEW DELHI: The Indian government may be fighting rising inflation these days but the country's exports during February, 2008 have been impressive, according to a data relea...
IBTimes Logo

NTPC to generate 209000 MUs of Electricity

Commodity Online NEW DELHI: India s largest power utility, National Thermal Power Corporation Ltd (NTPC) has envisaged to generate 209000 MUs of Electricity in the financial year 2008 09.
IBTimes Logo

S&N shareholders support takeover

Brewer Scottish & Newcastle (S&N) has said that its shareholders voted overwhelmingly in favour of a £10 billion takeover big from a consortium of Carlsberg and Heineken. The vote was taken at an extraordinary general meeting on Monday.
IBTimes Logo

Oil giants eyeing offshore Bangladesh blocks

Commodity Online. DHAKA: Bangladesh s national oil, gas and mineral exploration company, Petrobangla on Sunday announced its decision to offer 28 blocks for offshore exploration rights.
IBTimes Logo

Indian gold futures fall reflects global trend

Commodity Online MUMBAI: Gold futures fell on Indian commodity exchanges in morning trade in tandem with overseas markets, which were lower on profit taking triggered by easing crude oil and book squaring.
IBTimes Logo

PFC Rites ink deal for coal import

Commodity Online NEW DELHI: Rites Ltd will source and import coal from abroad for state run Power Finance Corporation to meet scarcity of fuel in the wake of increasing electricity consumption.
IBTimes Logo

PFC Rites inks deal for coal import

Commodity Online NEW DELHI: Rites Ltd will source and import coal from abroad for state run Power Finance Corporation to meet scarcity of fuel in the wake of increasing electricity consumption.
IBTimes Logo

India to clinch big oil and gas deal in Iran

Commodity OnlineNEW DELHI: India's Oil and Natural Gas Corp (ONGC) and its partner Britain based Hinduja Group are planning to sign a multi billion dollar deal next month for developing oil and gas fields in Iran.
IBTimes Logo

ONGC to supply gas for NEEPC power plant

Commodity Online NEW DELHI: ONGC has came to term with North Eastern Electric Power Corp Ltd for supplying 0.5 million standard cubic metres of gas per day to its power generation plant in Tripura.
IBTimes Logo

ONGC Petrobras sign deal on hydrocarbon making

Commodity Online NEW DELHI: The state run oil and natural gas utility ONGC and Petrobras, Oil major of Brazil have set up an arrangement for working together in exploration and production of hydrocarbons in India and Brazil.
IBTimes Logo

We can't help Reliance Essar: Deora

Commodity OnlineNEW DELHI: The Indian government on Wednesday that the move by private fuel companies like Reliance and Essar to close down their petrol pumps has put the Ministry of Petroleum in a difficult situation.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.