Energy

Noel Tata retires from Trent

Tata has been associated with the fashion retailer since 1997. The company’s board has appointed Bahram Vakil as Chairman of the Company. “It has been a...

Equitas SFB MD P. N. Vasudevan to quit

“My daughter is the co-promoter of an NBFC which has received its licence from RBI in 2023. This point has been disclosed as required,...

Sundaram Home Finance Q2 Net up 20%

Overall disbursements went up 31 per cent to Rs. 2,199 crore in the second quarter from Rs 1,681 crore in the same period last...

Trump announces opening of new oil refinery in Texas, backed by Reliance Industries

In a post on Truth Social, Trump said America First Refining is opening the first new U.S. Oil Refinery in 50 YEARS in Brownsville,...

Oil refiners say steps taken to enhance LPG production

At a time when global energy markets are experiencing volatility, ensuring uninterrupted access to essential fuels for Indian households remains a national priority, the...

Govt invokes Essential Commodities Act, to prioritise natural gas allocation

The Essential Commodities Act, 1955, confers power to the central government to regulate the supply, distribution and trade of petroleum and petroleum products for...

Petroleum Ministry directs oil refineries to increase LPG production

The ministry has prioritised domestic LPG supply to households and introduced 25 day inter- booking period to avoid hoarding/black marketing, it said. Non domestic supplies...

Hindustan Organic Chemicals to shut plant operations, amid LPG disruptions

HOCL, Kochi unit in the state of Kerala (Phenol Complex) is the only manufacturing unit of the company which is engaged in manufacturing of...

US grants 30-day waiver to India to purchase Russian oil

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

Somany Ceramics says supplier restricts gas supply amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has issued a Force Majeure notice on 3 March  under its Gas Sale and Purchase Agreement. The notice...

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Noel Tata retires from Trent

Tata has been associated with the fashion retailer since...

Equitas SFB MD P. N. Vasudevan to quit

“My daughter is the co-promoter of an NBFC which...

Sundaram Home Finance Q2 Net up 20%

Overall disbursements went up 31 per cent to Rs....

Wheels India CMD flags inflation concern

“Growth will also be affected by a higher base...

Expect single digit growth in ICE segment: TVS Motor

“You know that post-GST rationalisation, we saw a significant...