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Indian Oil to raise borrowing limits by Rs 30,000 cr
Saturday 24th Sep 2011    1209
Indian Oil to raise borrowing limits by Rs 30,000 cr
 
New Delhi : Indian Oil Corporation, the country’s biggest oil refining and marketing company, plans to raise its borrowing limit by Rs 30,000 crore to Rs 110,000 crore as it apprehends borrowings....
 
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NTPC to scale down 12th Plan capacity target to 66,000 MW
Wednesday 21st Sep 2011    1213
NTPC to scale down 12th Plan capacity target to 66,000 MW
 
New Delhi : Non-availability of gas and land acquisition issues may force state-owned power utility NTPC to scale down its capacity addition target of 75,000 MW for the 12th Five-Year Plan to....
 
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Coal India to invite bids for abandoned mines again
Wednesday 21st Sep 2011    1214
Coal India to invite bids for abandoned mines again
 
Kolkata : Coal India (CIL), the government’s near-monopoly producer, is planning to again try to interest major firms, here and abroad, into reviving some of its abandoned mines. Its first attempt,....
 
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BHEL aims 20,000 MW capacity by FY12
Wednesday 21st Sep 2011    1208
BHEL aims 20,000 MW capacity by FY12
 
New Delhi : The country's largest power equipment-maker, BHEL, today said it would ramp up its manufacturing capacity to 20,000 MW by March 2012.

BHEL's capacity addition strategy for the current financial year....

 
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CIL coal import deal to take 5 more months
Tuesday 20th Sep 2011    1208
CIL coal import deal to take 5 more months
 
Kolkata : Coal India Ltd’s says it has got a disappointing response from foreign companies to its invitation for a long-term offtake deal.

The world’s largest coal producer, owned by the Union....

 
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RDB Rasayans IPO to open on Sept 21
Tuesday 20th Sep 2011    1208
RDB Rasayans IPO to open on Sept 21
 
Mumbai : Packaging material manufacturer RDB Rasayans is entering capital market with a public issue of 4.5 million equity shares on September 21 and has fixed a price band for the....
 
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Iron ore export through Paradip slumps 38 percent in August
Tuesday 20th Sep 2011    1213
Iron ore export through Paradip slumps 38 percent in August
 
Kolkata : Iron ore fines export though Paradip port declined sharply in August due to lower production, higher prices, and transporters’ strike. A total of 752,323 tonne of iron ore was....
 
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Ascent Capital invests Rs 200 cr in Karaikal port
Monday 19th Sep 2011    1215
Ascent Capital invests Rs 200 cr in Karaikal port
 
Chennai : Private equity firm Ascent Capital has invested Rs 200 crore in Karaikal Port Private Ltd (KPPL), a subsidiary of Chennai headquartered Marg Ltd. The funds will be used for....
 
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Nagarjuna Oil plans captive port in South
Monday 19th Sep 2011    1214
Nagarjuna Oil plans captive port in South
 
Chennai : Nagarjuna Oil Corporation Ltd (NOCL) is planning a captive port in Tamil Nadu to support its upcoming Rs 7,160-crore petroleum refinery project at Thiruchopuram in Cuddalore district, according to....
 
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Sarraf takes over CEO & MD of ONGC Videsh
Friday 16th Sep 2011    1208
Sarraf takes over CEO & MD of ONGC Videsh
 
New Delhi : Dinesh K Sarraf has taken over as the CEO and Managing Director of ONGC Videsh (OVL), the overseas investment arm of state oil and gas explorer ONGC.

Sarraf, 54, was....

 
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