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Air India owes Rs 2,310 cr to oil companies

Thursday 24th Nov 2011 1266

New Delhi : Air India and its subsidiaries owe Rs 2,310 crore to the oil marketing companies, Civil Aviation Minister Vayalar Ravi informed the Lok Sabha today.

"Till the end of first fortnight....

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SAAG unit wins affordable housing project in India

Wednesday 23rd Nov 2011 1243

Chennai : A subsidiary of loss-making oil and gas service provider SAAG Consolidated (M) Bhd has clinched a multi-million deal to build houses in the southern Indian state of Tamil Nadu,....

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Ashok Leyland bets big on construction gear market, rolls out backhoe loader

Wednesday 23rd Nov 2011 1249

New Delhi : Heavy vehicles major Ashok Leyland, the flagship company of the Hinduja Group, and US-based agriculture machinery maker John Deere on Tuesday announced entry into the Indian construction equipment business....

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Coal supply shortage may further trip industrial growth

Tuesday 22nd Nov 2011 1251

New Delhi : An examination of three broad categories in the otherwise dismal two-year low industrial growth of 1.9 per cent in September will show one silver lining: electricity. But, crucially, that....

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Scientists find oil in plastic GAIL ready to exploit

Tuesday 22nd Nov 2011 1252

New Delhi : Scientists now believe that environmentally-hazardous plastic may be the answer to India’s crude oil woes.

The Indian Institute of Petroleum (IIP) here claimed to have carried out experiments for successfully....

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