CBI registers case in Tatra-BEML truck supply deal with Army
30 March 2012
The CBI on Friday registered a case in connection with the supply of all-terrain Tatra trucks through state-owned BEML to the Army and called for questioning Vectra group chairman Ravi Rishi who is a majority stakeholder in Tatra.
Oil companies likely to rise petrol, diesel prices after state polls
27 February 2012
Petrol and possibly diesel prices are likely to be hiked by Rs 2-4 per litre once Assembly Elections in five states, including Uttar Pradesh, are completed this week.
SBI slashes education loan rates by up to 1 per cent
27 February 2012
The country's largest lender State Bank of India (SBI) today reduced interest rates on education loans by up to 1 percentage point across various segments, a move likely to be followed by other lenders.
NTPC Himachal hydro plant to be commissioned next year
27 February 2012
State-owned National Thermal Power Corp's mega hydropower project in Himachal Pradesh is likely to be commissioned next year. The plant would generate 3,054 million units annually when it is fully operational, said a company official.
ONGC's 5% stake auction likely this week to raise 12k crore: Source
27 February 2012
he government is likely to auction 5% of its stake in Oil and Natural Gas Corporation (ONGC) this week to raise around 12,000 crore, sources involved in the stake sale told ET.
BHEL bags Rs 774 crore ONGC order
27 February 2012
Bharat Heavy Electricals Ltd has secured Rs 774 crore contract from Oil and Natural Gas Corp for supply of onshore drilling rigs. The order envisages supply of 6 onshore drilling rigs with AC drives, a company statement said.
Illegal Mining: NMDC eyes opportunity in Karnataka's 'illegal' ore mines
27 February 2012
With India's apex court set to announce its final verdict anytime on the fate of illegal iron ore mines in Karnataka, the country's largest iron ore producer NMDC is eying a major opportunity in the 'illegal' mines.
SAIL, Supreme Alloys JV starts work at 1.5 lakh ton mill in UP
27 February 2012
Steel maker Supreme Alloys (SAL) today said work has commenced on its proposed 1.5 lakh tonne steel plant, being jointly set up with Steel Authority of India (SAIL) at Lakhimpur district in Uttar Pradesh.
ONGC is spending Rs 26,000 cr on 10 oil clusters
26 February 2012
State-owned ONGC is spending Rs 26,000 crore to develop 10 oil and gas clusters in western and eastern offshore, to increase crude production by up to 4 million tonnes per annum by 2013-14.
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