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GAIL plans RLNG terminal on East coast
Saturday 15th Oct 2011    138
GAIL plans RLNG terminal on East coast
 
Chennai : GAIL, in association with other companies, is planning to set up an RLNG (re-gasified liquefied natural gas) terminal with a capacity of 2.5 mtpa or 10 mmscmd keeping in....
 
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REC to fund project via 2-step loan from China
Saturday 15th Oct 2011    138
REC to fund project via 2-step loan from China
 
Mumbai : Rural Electrification Corporation (REC) has got approval from a risk committee of China Export and Credit Insurance company, Sinosure, to fund a 3,600 Mw power project in Chhattisgarh through....
 
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More power to PSUs for overseas buyouts
Saturday 15th Oct 2011    138
More power to PSUs for overseas buyouts
 
New Delhi : The government will facilitate faster acquisition of raw material from abroad for those central public sector enterprises (CPSEs) with a track record of netting profit for three consecutive years,....
 
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CAG advises OilMin of caution on RIL's KG-D6
Thursday 13th Oct 2011    139
CAG advises OilMin of caution on RIL's KG-D6
 
New Delhi : The Comptroller and Auditor General of India (CAG) has advised Oil Ministry to allow Reliance Industries (RIL) to recover expenditure on its eastern offshore KG-D6 field only after it....
 
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IndianOil plans to raise R&D investment by 40% to Rs 350 cr
Thursday 13th Oct 2011    138
IndianOil plans to raise R&D investment by 40% to Rs 350 cr
 
Chennai : Public sector fuel marketer Indian Oil Corporation (IOC) plans to increase its expenditure on research & development (R&D) by 40 per cent to Rs 350 crore for the next....
 
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Power Min pegs generation loss at four billion units
Thursday 13th Oct 2011    139
Power Min pegs generation loss at four billion units
 
Mumbai : The country’s power scenario will continue to worsen further as the shortage of coal persists. The power ministry has estimated that the country has lost four billion units (bu)....
 
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More trouble for Coal India
Thursday 13th Oct 2011    139
More trouble for Coal India
 
Mumbai : In the last two weeks, shareholders of Coal India Ltd (CIL) have had to grapple with negative news — first it was when the Cabinet cleared the draft Mining....
 
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State-run oil marketing firms losing Rs 271 cr a day
Wednesday 12th Oct 2011    139
State-run oil marketing firms losing Rs 271 cr a day
 
New Delhi : State-run oil marketing companies — IndianOil, Bharat Petroleum and Hindustan Petroleum — are incurring a daily loss of Rs 271 crore. These firms are expected to incur an under-recovery....
 
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NMDC to auction 3 lakh tonnes of iron ore in K'taka
Wednesday 12th Oct 2011    139
NMDC to auction 3 lakh tonnes of iron ore in K'taka
 
New Delhi : State-owned NMDC will conduct an e-auction on Friday for the sale of 3 lakh tonnes of iron ore to steel and allied industries in Karnataka, which are struggling to....
 
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Atul Auto eyes entry into 4-wheeler mkt, may invest Rs 200 cr
Monday 10th Oct 2011    138
Atul Auto eyes entry into 4-wheeler mkt, may invest Rs 200 cr
 
Mumbai : Automaker was interested in acquiring a majority stake in Scooters India.

Irked by delays in the divestment of sick state-run company Scooters India, Rajkot-based three- wheeler maker Atul Auto says....

 
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