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State-owned IOC, BPCL and HPCL in separate statements said India has ample fuel stocks available and there is no need for panic buying
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OMCs confirmed that they have enough LPG stocks at their bottling plants and that LPG distributors will operate as usual. They urged consumers not to panic.
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Customers fueling any product i.e.,MS (Petrol), Speed, Speed 97 or HSD using UFill for an amount of Rs 200 or more at one go at the participating retail outlets will get 2 per cent extra amount of fuel.
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The India's last greenfield refinery project coming up in Andhra Pradesh is likely to be commissioned in 48 months from the final investment decision
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The BSE Sensex began trading at 81,611.07 after slipping 209.05 points or 0.26 per cent in early trade
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Residents, accustomed to a swift turnaround of under three days, are now grappling with extended waiting times, prompting widespread concern and inquiries.
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At the Nifty, only 10 companies managed to make advances, while 40 witnessed declines.
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In its endeavor to convert waste to wealth, IICT had developed and patented a high rate biomethanation technology based on Anaerobic Gas lift Reactor (AGR) to generate methane rich biogas and nutrient rich biomanure.
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New Delhi: Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices neared $80 per barrel mark for the first time in three years. Diesel rates went to Rs 89.57 a litre in Delhi and Rs 97.21 in Mumbai. Prices differ from state to state […]
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The Navaratna Public Sector Undertaking has offered to set up the plant with a production capacity of five lakh litres per day with an investment of Rs.1,000 crore.
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The disinvestment plan includes strategic sale of IDBI Bank, BPCL, Shipping Corp, Container Corporation, Neelachal Ispat Nigam Ltd, among others.
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BPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL.
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Driven by analytics based on AI and machine learning technologies, the IRIS platform will subsequently trigger automated alerts and actions, including rapid response to equipment failures or hazardous situations.
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Govt has told IOC, BPCL and HPCL to look for oil supplies from outside the Middle East region and use collective bargaining power to get favourable terms
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On the long-term growth story of India, he said the economy is expected to record double digit growth next financial year.
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Engineers India Limited (EIL) which is also a party to the deal, has independently acquired over 3.21 crore equity shares or 4.4 per cent of NRL from BPCL.
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The private sector on the other hand remained mute on their marketing initiatives adding a mere 376 fuel outlets
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Hindustan Petroleum Corporation's (HPCL) shares were trading at Rs 234.60, lower by 3.62 per cent from its previous close.
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Petroleum had been included in the strategic sector as it ensures energy security for the country.
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Targeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the government is also looking to sell Shipping Corp of India (SCI), IDBI Bank Ltd