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IOC is looking out for JV partner for LNG terminal
The Indian Oil Corporation (IOC) is in its final stages of forming a joint venture and taking over land for the liquefied natural gas (LNG) terminal project at Ennore, near Chennai. It is expected that...
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Bhattacharya takes charge as Coal India CMD
Sutirtha Bhattacharya today took charge as Coal India’s full-time chairman and managing director, a post which had been lying vacant for over six months, amid the miner facing pressure to ramp up...
View ArticleMaharashtra Govt launches drive to curb soil conjecture in industrial regions
Serves over 300 notices to reacquire soils not used for industrial intention within predetermined time period The Bharatiya Janata Party (BJP)-led alliance government in Maharashtra has commenced a...
View ArticleOffice property begin in Dec quarter uppermost in three years
Total in 2014 stood at above 33 mn sq ft, powered by improved commotion in Bengaluru and NCR The on the whole business space engage in concerning nine million square feet in the October-December phase...
View ArticleONGC largest Sensex loser among oil companies
Shares of energy corporation fell with investors fearing that reduce in crude oil costs could impact revenues Stock of oil companies mirrored the fall in crude oil costs reducing by up to 6% amid an...
View ArticleWall St ends down for fifth session; oil charges descend further
Information shows slower development in US services division; S&P 500’s losing streak longest in 13 months US accumulations wrecked poorer for a fifth sitting on Tuesday as information explained...
View ArticleIran looks for flexibility to pay out oil dues
NEW DELHI: Iran has required additional suppleness in using a projected $6 billion in accumulated oil imbursements from India to purchase “non-authorized” objects — ahead of “civilized goods” — from...
View ArticleOil companies refund Rs 40,000cr to banks
MUMBAI: nationalized oil marketing companies (OMCs) have put in so far as Rs 40,000 crore of liquidity back in the banking system by refunding their elevated price debt as the cost of crude oil softens...
View ArticleShipping Ministry proposes reformation of credits to shipping industries
Gadkari said the finance department should talk to banks for more suppleness in the direction of the shipping division The shipping department has numerous proposals for the finance department prior to...
View ArticleFinMin to end Tata Tele assessment row
The ministry steps in to solve the row between NTT Docomo as well as Tata Sons regarding Tata Teleservices subsequent to RBI referred the subject to the govt The Union finance bureau has stepped in to...
View ArticleIndustries proclaimed chief ventures at VGS
Mukesh Ambani proclaimed Rs 100,000 cr speculation in the next 12-18 months, Adani & SunEdison to invest Rs 25,000 cr to construct solar photovoltaic facility Since Prime Minister Narendra Modi...
View ArticleOdisha might scrap deals with three IPPs on tepid progress
Astaranga Power, SPI Ports as well as KU Projects to face heat; deals wth Essar, Vijaya Power scrapped earlier At least three independent power producers (IPPs) are likely to face stern action as of...
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Rhenus launches second Warehouse near Chennai
Rhenus Logistics India Pvt. Ltd., the Indian arm of the globally valued Euro 4 Billion Rhenus Group, announced opening of second warehouse near Chennai, spread in an area of 55,000 sq. ft. With...
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ABB wins Rs.256 crore order in Sri Lanka
ABB, the leading power and automation technology group, has won an order worth about Rs.256 crore from Ceylon Electricity Board (CEB) to supply two new 220-kilovolt (kV) substations and upgrade an...
View ArticleSobha: Weak quarter, muted pending outlook
Regardless of predictable commencement of high volume venture, it is improbable to convene FY15 conjecture on sales The December quarter has been a unsatisfactory one for real estate player Sobha,...
View ArticleGovt rethinks CIL, ONGC stake auction as share costs tumble
May as an alternative divest stake in companies similar to NHPC, NMDC to meet divestment target; The depressed share costs of public sector behemoths Coal India as well as ONGC is forcing the Finance...
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Finolex Pipes bags title of Asia’s 100 Best & Fastest Growing Marketing Brands
India’s largest PVC pipes and second largest PVC resin manufacturer Finolex Pipes has been chosen as one of Asia’s 100 Best & Fastest Growing Marketing Brands. Mr. S. S. Dhanorkar, Managing...
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Accenture launches Ports Centre of Excellence in Hong Kong
Accenture has launched a Ports Center of Excellence in Hong Kong which is focused on providing terminal operators with process excellence and technology implementation for performance management,...
View ArticleRoad Ministry Recommends Easy Foreclosure of 86 Projects
NEW DELHI: Road ministry has moved a proposal, looking for a policy decision to restart about 86 languishing highway projects that have become unviable. It has planned easy “foreclosure” of such...
View ArticleInvestors build a fortune with housing finance industries
MUMBAI: Large banks have extensively been market darlings. It’s the chance of residential finance industries now. Ventures of GIC accommodation Finance, Canfin Homes, Repco Home Finance, Gruh Finance,...
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