Search result for 'petrochemical'

Boost Domestic Mfg: ICC Urges Duty Rationalisation in Budget

July 17, 2024 12:06

The Indian Chamber of Commerce (ICC) has urged the government to rationalize customs duties in key sectors like steel, solar batteries, aluminum, and lithium cells to boost domestic manufacturing.

Anant Ambani Wedding: QR Codes, Wristbands, Lavish Celebrations

July 14, 2024 18:20

Anant Ambani, son of Mukesh Ambani, married Radhika Merchant in a lavish wedding with QR code entry, color-coded wristbands, and global celebrities.

Anant Ambani Wedding: Lavish Celebration with QR Codes, Wristbands

July 14, 2024 15:50

Asia's richest man Mukesh Ambani's son Anant Ambani's wedding to Radhika Merchant featured QR codes, colour-coded wristbands, and elaborate security measures.

Former GAIL Chairman CR Prasad Dies at 83

July 14, 2024 11:03

CR Prasad, former chairman and managing director of GAIL (India) Ltd, passed away at the age of 83. He was instrumental in transforming GAIL into a strategically positioned company and played a key...

Anant Ambani Marries Radhika Merchant in Star-Studded Wedding

July 12, 2024 22:35

Anant Ambani, youngest son of Mukesh Ambani, wed Radhika Merchant in a lavish ceremony attended by global celebrities, politicians, and business tycoons.

Adani Wilmar Acquires 67% Stake in Omkar Chemicals

July 12, 2024 14:43

Adani Wilmar to acquire 67% stake in Omkar Chemicals Industries at an enterprise value of Rs 56 crore. The acquisition will allow Adani Wilmar to expand its presence in the speciality chemicals...

GE Power India Wins Turbine Spare Order

July 10, 2024 12:58

GE Power India secures a Rs 76.67 million order from Mangalore Refinery for the supply of main turbine spares. The order will be executed within 18 months.

India, Russia Aim for USD 100 Billion Trade by 2030

July 9, 2024 22:29

India and Russia have set a target of USD 100 billion in annual trade by 2030, aiming to boost bilateral ties with a focus on economic cooperation and national currency settlements.

India-Russia Trade Target: USD 100 Billion by 2030

July 9, 2024 21:38

India and Russia aim to boost bilateral trade to over USD 100 billion by 2030, with focus on energy, agriculture, and infrastructure. The two countries agreed to explore a free trade area and...

BlackRock Invests Rs 304 Cr in Swan Energy: 1.45% Stake

July 8, 2024 22:31

BlackRock, a global asset manager, has acquired a 1.45% stake in Swan Energy for Rs 304 crore through open market transactions. The shares were bought at an average price of Rs 668.27 apiece.

Sri Lanka Appoints Honorary Consul in Gujarat

July 8, 2024 20:50

Sri Lanka appoints Rakesh Ramanlal Shah as Honorary Consul in Ahmedabad, Gujarat, to strengthen economic ties and boost trade, investment, and tourism.

Thermax Babcock Wins Rs 513 Crore Boiler Order in Botswana

July 5, 2024 14:17

Thermax Babcock & Wilcox Energy Solutions has secured a Rs 513 crore order to supply two boilers for a 600 MW greenfield energy project in Botswana.

Plastic Industry: Key to Economy & Jobs - Govt | GCPRS 2024

July 4, 2024 20:51

India's plastic industry is a major economic contributor and provides vast employment, says Chemicals & Petrochemicals Secretary. The Global Conclave on Plastic Recycling and Sustainability...

India-Korea FTA Upgrade Talks: Commerce Ministry Seeking Greater Market Access

June 23, 2024 16:44

India and South Korea are negotiating to upgrade their free trade agreement, with India seeking greater market access for products like steel, rice, and shrimp. The commerce ministry is engaging...

HPCL Top Post: No Suitable Candidate Found, Govt Headhunter Rejects All

June 16, 2024 10:53

The PESB has rejected all candidates for the HPCL CMD post, marking the third instance in recent years where the board has failed to find a suitable candidate for a state oil firm.

India-UK Trade Pact: Deal Postponed to After UK Elections

June 14, 2024 18:19

India and the UK's free trade agreement (FTA) negotiations are on hold until after the UK's general elections on July 4th. Outstanding issues include duties on electric vehicles, alcoholic...

HPL Signs 10-Year Naphtha Deal with QatarEnergy

June 13, 2024 17:13

Haldia Petrochemicals Limited (HPL) has secured a 10-year naphtha supply agreement with QatarEnergy, ensuring stable production for the coming decade. The deal signifies a strong partnership and...

India to Lead Global Fuel Demand Growth: IEA

June 12, 2024 15:15

India's oil demand is projected to rise significantly, driven by economic growth and increasing car ownership. IEA forecasts India to be the key driver of global oil demand in the second half of...

BPCL to Build New Refinery: India Eyes Oil Deals with Russia

June 11, 2024 18:56

India's BPCL plans a new refinery as the country seeks to meet rising fuel demand and secure oil deals with Russia. Minister Hardeep Singh Puri outlines energy priorities for Modi 3.0, including...

Govt re-initiates process to find new IOC chairman, retirement age kept at 60 years

June 5, 2024 17:04

The Indian government seeks a new chairman for IOC, with applications open to qualified engineers, accountants, and managers. Candidates must meet the age eligibility criteria and have experience...

Deepak Fertilisers Q4 Profit Down 16% to Rs 215 cr - PTI

May 30, 2024 18:01

Deepak Fertilisers and Petrochemicals Corporation's net profit declined by 16% to Rs 214.79 crore in Q4 FY24, impacted by lower revenue. Read more.

ONGC's Investments to Slow Deleveraging: S&P

May 27, 2024 15:56

S&P Global Ratings says ONGC's increased investments will delay deleveraging over the next 12-24 months. The firm's financial performance remains stable, with EBITDA expected to remain at Rs 1 lakh...

IOC, GAIL, ONGC Fined for Missing Board Requirements

May 26, 2024 10:47

IndianOil, ONGC, and GAIL fined for the fourth consecutive quarter for failing to meet listing requirements regarding board directors. The companies cited government appointment delays.

L&T Dispatches World's Heaviest Ethylene Oxide Reactors to China

May 22, 2024 12:50

Larsen & Toubro (L&T) has dispatched the world's heaviest ethylene oxide reactors to China for a BASF project. The reactors are key components in petrochemical plants and support growth in the...

Chabahar Port Deal: Landmark for India-Iran Economic Ties

May 17, 2024 16:55

India signs a 10-year contract to operate Chabahar Port, a strategic Iranian port offering investment opportunities in various sectors like petrochemicals, mining, and infrastructure.

Chabahar Port Deal: Landmark for India-Iran Economic Ties

May 17, 2024 16:53

India signs a 10-year contract to operate Chabahar Port, opening doors for trade with Central Asia and offering investment opportunities in various sectors.

SPIC Reports Q4 Net Loss of Rs 29 Cr | Business News

May 17, 2024 15:52

Southern Petrochemical Industries Corporation (SPIC) reported a net loss of Rs 29.18 crore for the fourth quarter of 2023-24, impacted by floods in Tuticorin. Read more.

SPIC Ltd Reports Q4 Net Loss Due to Heavy Rainfall

May 17, 2024 15:19

SPIC Ltd reported a net loss of Rs 29.18 crore in Q4 FY24 due to heavy rainfall at its Tuticorin facility, impacting operations. The company's profit after tax for the year also declined.

DP World CEO: Tamil Nadu Best for Economic Zone

May 16, 2024 17:06

DP World CEO highlights Tamil Nadu as a top state for economic zones, citing its industrialization and strategic location. The company's new Chennai facility is already seeing strong occupancy.

GAIL Q4 Profit Triples: Gas Transmission & Petrochemicals Turnaround

May 16, 2024 15:33

GAIL's Q4 net profit surged 261% driven by a turnaround in gas transmission and petrochemical businesses. The company also reported strong growth in gas marketing.

Tamilnadu Petroproducts Q4 PAT at Rs 10.96 cr

May 14, 2024 22:15

Tamilnadu Petroproducts Ltd reported a standalone profit after tax of Rs 10.96 crore for the January-March 2024 quarter, despite challenges from Cyclone Michaung. The company's total revenue for...

BPCL to Invest Rs 1.7 Lakh Cr in Energy Transition

May 10, 2024 15:41

Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1.7 lakh crore in its core business and clean energy, including hydrogen, over the next five years.

Reliance Acquires Petrochemicals Subsidiary for Rs 314 Cr

May 8, 2024 19:32

Reliance Industries Ltd acquires Reliance Chemicals and Materials Ltd (RCML), a step-down subsidiary engaged in petrochemicals and hydrogen manufacturing, for Rs 314.48 crore.

DP World's Integrated Chennai Business Park Opens

May 8, 2024 16:11

DP World's new Integrated Chennai Business Park offers end-to-end supply chain solutions, serving as a one-stop shop for businesses. The park features electric vehicle charging points and solar...

IOC Shares Plunge 4% as Q4 Profit Halves

April 30, 2024 18:35

Indian Oil Corporation (IOC) shares dropped over 4% after the company reported a 50% decline in its March quarter net profit, attributed to losses in the petrochemical business and shrinking margins.

IOC Profit Halves in Q4: Fuel Price Cut, Petchem Woes

April 30, 2024 17:06

Indian Oil Corporation (IOC) reported a 50% decline in Q4 profit due to losses in petrochemicals and shrinking margins after a pre-election fuel price cut. Learn more about IOC's financial...

JNK India Shares Surge 67% on Debut

April 30, 2024 16:19

JNK India, a heating equipment maker, saw its shares skyrocket over 67% on its stock market debut, with strong demand driving the impressive performance.

Plastic Pollution Treaty: Nations Advance Talks in Canada

April 30, 2024 15:24

Nations made progress on a treaty to end plastic pollution at their fourth round of talks in Canada. Negotiators discussed the text of what is supposed to become a global treaty, with the most...

IOC Net Profit Halves in Q4: Fuel Price Cuts Impact

April 30, 2024 15:05

Indian Oil Corporation (IOC) reported a 50% decline in net profit for the March quarter due to fuel price cuts and losses in the petrochemical segment.

JNK India Shares Debut with 50% Premium - Stock Market News

April 30, 2024 10:52

JNK India shares surged nearly 50% on their market debut, closing at Rs 620. The heating equipment maker's IPO was oversubscribed 28 times.

Reliance Gets Thumbs-Up from S&P, Fitch: Strong Earnings Keep Leverage in Check

April 26, 2024 13:40

Reliance Industries Ltd has received positive ratings from S&P and Fitch due to robust earnings and controlled leverage, fueled by growth in telecom, retail, and oil & gas segments.

JNK India IPO Oversubscribed 28 Times

April 25, 2024 18:29

JNK India's IPO received 28.07 times subscription, with strong demand from QIBs and non-institutional investors. The IPO was priced at Rs 395-415 per share.

JNK India IPO Fully Subscribed: Rs 650 Crore Offer

April 24, 2024 17:29

JNK India's IPO, a Rs 650 crore offer, was fully subscribed on Day 2. The issue received bids for 1.14 crore shares against 1.11 crore on offer.

JNK India IPO: Rs 195 Cr Mobilised from Anchor Investors

April 22, 2024 22:19

JNK India, a heating equipment maker, has raised Rs 195 crore from anchor investors ahead of its IPO. The IPO, priced at Rs 395-415, will open for subscription on April 23.

Reliance Industries Profit Flat, Annual Earnings Hit Record

April 22, 2024 19:59

Reliance Industries reports flat Q4 profit, but annual earnings reach a record high driven by oil ''petrochemicals and strong consumer businesses. Jio and retail also see growth.

Reliance Industries Q4 Profit Flat, FY24 Earnings Hit Record | PTI

April 22, 2024 19:22

Reliance Industries reported a flat March quarter profit, but FY24 earnings hit a record Rs 69,621 crore. The company's revenue rose on higher oil prices.

Mahadhan Agritech & Haifa: Specialty Fertilizers for Improved Crop Yields

April 19, 2024 14:51

Mahadhan Agritech partners with Haifa Group to promote specialty fertilizers in India and globally, aiming to improve crop yields and address water scarcity.

JNK India IPO Opens Apr 23: Rs 395-415/share

April 18, 2024 13:36

JNK India's Rs 650 crore IPO opens on April 23, with a price band of Rs 395-415 per share. The IPO includes fresh issue and Offer-for-Sale (OFS).

SPIC Shifts to 100% Natural Gas for Urea Production

April 5, 2024 16:54

Southern Petrochemical Industries Corporation Ltd (SPIC) announces transition to 100% natural gas for urea production, reducing costs, boosting profitability, and aligning with sustainability goals.

Paytm Payments Bank Crisis: Vijay Shekhar Sharma Resigns, Board Reconstituted

February 26, 2024 21:44

Vijay Shekhar Sharma steps down as Paytm Payments Bank Chairman amid RBI crackdown over non-compliance. The bank appoints new board members with extensive banking experience to ensure compliance...

IOC, GAIL, ONGC Fined for Director Appointment Failure

February 25, 2024 14:56

IndianOil, ONGC, GAIL, and other PSUs fined for the third consecutive quarter for failing to meet listing requirements regarding board directors. The companies cite government control over...

PennWhite Ltd Sets Up Indian Subsidiary - Global Growth Strategy

February 21, 2024 15:30

UK-based specialty chemical manufacturer PennWhite Ltd announces the establishment of its Indian subsidiary, PennWhite India Pvt Ltd, as part of its global expansion strategy.

Deepak Fertilisers & Equinor: Long-Term LNG Deal

February 19, 2024 19:37

Deepak Fertilisers & Petrochemicals Corporation Ltd. (DFPCL) signs a long-term LNG supply agreement with Norway's Equinor, securing a stable supply for its fertilizer production.

India, Taiwan Sign Migration & Mobility Pact - New Delhi

February 16, 2024 23:27

India and Taiwan have signed a migration and mobility agreement that will facilitate the employment of Indian workers in various sectors in Taiwan. The pact reflects the growing cooperation between...

Avaada Launches Green Hydrogen Project in Odisha

February 14, 2024 17:21

Avaada Group has launched a green hydrogen project in Odisha, aiming to create 1,600 direct jobs and 4,000 indirect jobs. The project will produce green ammonia for export, contributing to net-zero...

Manali Petrochemicals Q3 Profit Dips Due to Raw Material Costs

February 13, 2024 16:44

Manali Petrochemicals Ltd reported a dip in Q3 profit to Rs 2.94 crore due to rising raw material costs. The company faced challenges from imported materials dumping and Cyclone Michaung.

India's Largest Gas Deal: Petronet Renews Qatar LNG Contract

February 11, 2024 10:10

Petronet renews a 20-year contract to buy 7.5 million tonnes of LNG from Qatar annually, supporting India's clean energy goals. Learn about the deal's price changes, gas composition, and...

Tamilnadu Petroproducts Q3 Profit Hit by Cyclone

February 9, 2024 12:49

Tamilnadu Petroproducts Ltd. reported a standalone profit after tax of Rs 2.44 crore in Q3 2023, impacted by Cyclone Michaung disruptions. The company's total income also declined.

HPCL Barmer Refinery Commissioning in 2025: Fuel Demand to Rise

February 9, 2024 12:32

HPCL's new Barmer refinery in Rajasthan is set to commission by January 2025, adding 9 million tonnes of refining capacity to meet growing fuel demand in North India.

Petronet to Treble Profit by 2028 with Rs 40,000 cr Investment

February 9, 2024 12:12

Petronet LNG Ltd plans to invest Rs 40,000 crore to expand its LNG import capacity and enter the petrochemicals business, aiming to triple net profit by 2028.

India to Overtake China as Oil Demand Growth Center by 2027: IEA

February 7, 2024 15:56

India's oil demand will surge, overtaking China as the biggest driver of global oil demand by 2027, driven by transportation and industry growth, despite clean energy initiatives, according to the...

India Extends Qatar LNG Deal: $78 Billion Pact for 20 Years

February 6, 2024 16:38

India secures a 20-year LNG import deal with Qatar worth $78 billion, ensuring energy security and saving $6 billion on lower prices. The pact extends existing contracts and includes delivery changes.

L&T Wins Onshore Project from IndianOil Adani Ventures

February 5, 2024 11:43

Larsen & Toubro (L&T) has secured a large onshore project from IndianOil Adani Ventures Ltd., involving engineering, procurement, construction, and commissioning of offsite tankages.

ONGC, IOC Invest Rs 1.2 Lakh Cr in FY25: Oil & Gas Focus

February 4, 2024 10:30

ONGC, IOC, and other oil PSUs will invest Rs 1.2 lakh crore in FY25, with a focus on oil & gas exploration, refineries, and petrochemicals. Learn more about their investment plans.

Coal Gasification: Boosting Steel && Reducing Imports - India's 100 MT Plan

February 1, 2024 20:41

India aims to increase coal gasification capacity to 100 MT by 2030, reducing natural gas imports, boosting steel production, and creating jobs. Experts see it as a clean coal technology for a...

Agriculture Ministry Budget FY25: Rs 1.27 Lakh Crore

February 1, 2024 18:52

India's Agriculture Ministry receives Rs 1.27 lakh crore budget allocation for FY25, with PM-KISAN scheme remaining at Rs 60,000 crore. Read more.

MRPL Certified by IAQG for Aerospace Fuel

January 31, 2024 21:37

Mangalore Refinery and Petrochemicals Limited (MRPL) receives AS9100:D certification from International Aerospace Quality Group (IAQG) for aviation turbine fuel production.

GAIL Q3 Profit Soars 10-Fold: Gas Transportation, Marketing Drive Growth

January 29, 2024 16:20

GAIL (India) Ltd reported a 10-fold jump in Q3 net profit, driven by strong performance across gas transportation, marketing, and petrochemicals. Revenue remained stable.

India's Gas Demand to Rise 6% in 2024: IEA

January 28, 2024 15:00

India's natural gas demand is expected to rise by 6% in 2024, driven by increased consumption in fertilizer, power generation, and industrial sectors, according to the International Energy Agency...

Chatterjee Group Enters Food Tech with FTSI

January 23, 2024 15:01

The Chatterjee Group (TCG) has launched Food Technology and Science Institute (FTSI) to develop high-quality, nutrient-rich food ingredients catering to health-conscious consumers.

Reliance Net Profit Up 9%, Oil Refinery Shutdown Impacts Earnings

January 19, 2024 20:01

Reliance Industries reported a 9% rise in Q3 net profit, with strong retail and telecom performances offsetting a planned shutdown at its oil refinery.

Vibrant Gujarat Summit 2024: Rs 26.33 Lakh Crore Investments Inked

January 12, 2024 21:36

The 10th edition of the Vibrant Gujarat Global Summit concluded with MoUs for 41,299 projects worth Rs 26.33 lakh crore, making it a massive success.

Reliance Graduate Engineer Trainee Program 2024: Apply Now

January 12, 2024 13:25

Reliance Industries Ltd launches Graduate Engineer Trainee (GET) program for 2024 batch, offering opportunities across petrochemicals, new energy, and more. Apply online till January 19.

Vibrant Gujarat 2024: 1.3 Lakh Participants from 140 Countries

January 10, 2024 19:33

The 10th Vibrant Gujarat Global Summit saw 1.3 lakh participants from 140 countries, discussing global priorities and concerns. 35 countries partnered, with MoUs signed in sustainability, green...

SPIC Ltd Invests Rs 1,900 Cr in Expansion Plans

January 9, 2024 21:46

Southern Petrochemical Industries Corporation (SPIC) Ltd has committed to investing Rs 1,900 crore over the next two years to expand its operations in Tamil Nadu, including a green ammonia plant...

Gujarat Aims for USD 500 Billion Economy by 2026-27

January 9, 2024 13:13

Gujarat CM Patel sets a target for the state to become a USD 500 billion economy by 2026-27, aiming to contribute 10% to India's GDP. The state is showcasing its futuristic projects and investments...

Gujarat Aims for USD 500 Billion Economy by 2026-27: CM Patel

January 9, 2024 10:48

Gujarat CM Bhupendra Patel outlines plans to achieve a USD 500 billion economy by 2026-27, contributing 10% to India's GDP. The state aims to attract investments in sectors like semiconductors,...

India-Oman FTA Talks Stalled: Petrochemical Duty Concessions

January 7, 2024 11:11

India and Oman are facing a hurdle in concluding their free trade agreement, with disagreement over customs duty concessions on petrochemical products. Read more.

Gujarat's Industrial Revolution: Textiles, Pharma, Fisheries Lead Growth

January 6, 2024 15:57

Gujarat has witnessed significant industrial growth in the last two decades, with textiles, pharmaceuticals, fisheries, and diamonds playing key roles. Learn about the state's economic success and...

Albula Investment Fund Sells Swan Energy Shares for Rs 157 Crore

January 5, 2024 22:08

Albula Investment Fund sold 30.24 lakh shares of Swan Energy for Rs 157 crore, representing a 1.14% stake. The deal was executed through an open market transaction.

Swan Energy Takes Control of Reliance Naval | Business News

January 4, 2024 20:14

Swan Energy has formally taken management control of Reliance Naval & Engineering, marking its entry into shipbuilding. The company emerged as the winning bidder in an insolvency resolution process.

DCM Shriram to Invest Rs 12,000 Crore in Gujarat by 2028

January 4, 2024 16:31

DCM Shriram Ltd plans to invest Rs 12,000 crore in chemical and petrochemical production in Bharuch, Gujarat by 2028, expanding its Chlor Alkali facilities.

Gujarat Vibrant Summit: Rs 10 Lakh Crore Investments, 13 Lakh Jobs

January 3, 2024 20:52

Gujarat government signs 234 MoUs ahead of Vibrant Summit, attracting over Rs 10 lakh crore investments and creating 13 lakh job opportunities.

Haldia Petrochemicals' Rs 3,000 Crore Phenol Plant: Groundbreaking Ceremony

January 3, 2024 17:34

Haldia Petrochemicals Ltd has broken ground on a Rs 3,000 crore phenol plant in Haldia, West Bengal, marking India's largest such facility and set to be completed by 2026.

ONGC Wins 7 Oil & Gas Blocks in Latest Bid Round

January 3, 2024 16:35

ONGC secured seven exploration areas, while Reliance-BP won one in the latest OALP-VIII bid round. India aims to boost oil and gas production to reduce imports.

Reliance Turns Plastic Waste into High-Quality Materials

December 29, 2023 19:08

Reliance Industries becomes the first Indian company to chemically recycle plastic waste into high-quality materials for new plastics, contributing to a circular economy.

Reliance Aims for Top 10 Conglomerates: Ambani

December 28, 2023 14:55

Mukesh Ambani outlines Reliance's ambition to be among the world's top 10 conglomerates, focusing on digital data platforms and AI.

Gujarat: India's Petro Capital | Reliance, OPaL Boost Growth

December 28, 2023 12:08

Gujarat emerges as India's 'petro capital' with Reliance's Jamnagar refinery and OPaL petrochemical complex at Dahej, attracting major investments.

Swan Energy Repays Rs 40 Crore Textile Unit Debt

December 27, 2023 20:38

Swan Energy has repaid Rs 40 crore debt for its textile unit, part of its commitment to reduce debt. The company also recently acquired Reliance Naval and Engineering, expanding its operations into...

India-Oman Free Trade Agreement: Signing Next Month

December 26, 2023 18:48

India and Oman are close to signing a free trade agreement, expected to boost exports in key sectors like automobiles, electronics and textiles. The deal could be inked in January 2024.

Modi Govt Pro-Industry, Supports Farmers & Poor: Mandaviya

December 23, 2023 19:25

Union Minister Mansukh Mandaviya asserts Modi govt is pro-industry, supporting farmers and poor, harnessing India's market potential and talent pool.

BPCL Invests Rs 5,044 Cr in PP Plant at Kochi Refinery

December 20, 2023 19:36

BPCL to invest Rs 5,044 crore in a polypropylene production unit at its Kochi refinery to meet rising petrochemical demand in India. The unit will be operational in 46 months.

Vibrant Gujarat Summit: Rs 1 Lakh Crore Investments, 70,000 Jobs

December 13, 2023 20:31

Gujarat to witness Rs 1 lakh crore investments and creation of 70,000 jobs ahead of the Vibrant Gujarat Global Summit, with MoUs signed for various sectors.

Moody's Affirms RIL's Baa2 Rating: Outlook Stable

December 13, 2023 20:08

Moody's affirms Reliance Industries' Baa2 rating with a stable outlook, citing strong consumer business growth. The rating agency expects EBITDA to grow on the back of retail and telecom expansion.

India-Oman Free Trade Agreement: USD 3.7 bn Boost for Indian Goods

December 12, 2023 16:04

India and Oman are negotiating a free trade agreement that could significantly boost Indian goods exports worth USD 3.7 billion, including gasoline, iron & steel, electronics & machinery.

India-Oman FTA: USD 3.7 Billion Trade Boost - GTRI Report

December 12, 2023 11:51

India and Oman are negotiating a free trade agreement that could significantly boost Indian exports to Oman, particularly in gasoline, iron and steel, electronics, and machinery.

Nayara to Launch Polypropylene Plant in 2024

December 8, 2023 16:45

Nayara Energy, India's second-largest private oil firm, will begin operations of a new polypropylene plant in the first half of 2024, marking its entry into the petrochemical sector.

Anupam Rasayan India Establishes Subsidiary in Japan

December 7, 2023 14:12

Anupam Rasayan India has registered a wholly-owned subsidiary, Anupam Japan GK, in Tokyo to expand its chemical trading business in the Japanese market.

IOC Raises Panipat Refinery Cost, Delays Completion

December 3, 2023 11:50

Indian Oil Corporation (IOC) has increased the cost of expanding its Panipat refinery by 10% to Rs 36,225 crore and pushed back the completion deadline to December 2025.

India, Africa Drive Peak Oil Demand by 2030: S&P Global

November 30, 2023 16:46

India and Africa are projected to be major contributors to the global peak crude oil demand in 2030, reaching 112 million barrels per day, according to S&P Global Commodity Insights.

Haryana Cancer Patients Get Monthly Assistance: Rs 3,000 Scheme

November 27, 2023 21:14

Haryana Cabinet approves a scheme providing Rs 3,000 monthly assistance to stage III and IV cancer patients, benefiting around 22,808 individuals. The scheme is effective from its publication in...

ONGC Sells Crude Oil at Premium to Brent: Deals with BPCL, HPCL

November 26, 2023 12:46

ONGC sells crude oil produced from Mumbai offshore fields at a premium to Brent benchmark to BPCL and HPCL. This follows the abolition of a rule requiring sales to government-nominated customers.

Odisha Approves 12 Projects, Rs 84,918 Crore Investment

November 25, 2023 12:17

Odisha approves 12 key projects with a total investment of Rs 84,918 crore, creating employment opportunities across various sectors including apparel, steel, green energy, and more.

Odisha Approves 848 Industrial Projects Worth Rs 21.73 Lakh Crore

November 24, 2023 14:18

The Odisha government has approved 848 industrial projects worth Rs 21.73 lakh crore, aiming to make the state an industrial hub in eastern India. The projects are expected to create 9.15 lakh jobs.

HPCL to Stop Buying Diesel from Other Companies by 2024

November 8, 2023 17:02

Hindustan Petroleum Corporation Ltd (HPCL) will end diesel purchases from Reliance, Nayara Energy next year, relying on expanded refineries in Andhra Pradesh and Rajasthan. Learn more.

Chemicals Sector Expansion: Huge Potential, Says Govt Official

November 2, 2023 17:49

India's chemicals sector offers massive growth potential, says Chemicals Secretary Nivedita Shukla Verma, urging industry to embrace sustainability and cost-effectiveness.

Deepak Fertilisers Q2 Profit Dips 77% to Rs 63.45 cr

November 2, 2023 15:08

Deepak Fertilisers and Petrochemicals Corporation's Q2 net profit fell 77% to Rs 63.45 crore due to lower income. Total income declined 11% to Rs 2,424.16 crore.

GAIL Signs Rs 63,000-cr Deal for Petrochemical Feedstock

November 2, 2023 12:40

GAIL India has signed a 15-year deal with BPCL to source propane for its upcoming petrochemical plant in Maharashtra. The deal is worth over Rs 63,000 crore and will see GAIL procuring 600,000...

MRPL Turns Profitable on Refining Margin Boost - Q2 FY24

November 1, 2023 17:11

Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a net profit of Rs 1,059 crore in Q2 FY24, driven by robust refining margins. Revenue declined due to lower oil prices.

Navi Mumbai Airport ILS Signal Testing Begins

The Airports Authority of India (AAI) has begun ILS signal testing at the...

Air India VRS for Non-Flying Staff Ahead of...

Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...

Boon Raises USD 5 Million Funding Led by Roca...

Water technology startup Boon secures USD 5 million in funding led by Spanish Roca...

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Search result for 'petrochemical'

Boost Domestic Mfg: ICC Urges Duty Rationalisation in Budget

Anant Ambani Wedding: QR Codes, Wristbands, Lavish Celebrations

Anant Ambani Wedding: Lavish Celebration with QR Codes, Wristbands

Former GAIL Chairman CR Prasad Dies at 83

Anant Ambani Marries Radhika Merchant in Star-Studded Wedding

Adani Wilmar Acquires 67% Stake in Omkar Chemicals

GE Power India Wins Turbine Spare Order

India, Russia Aim for USD 100 Billion Trade by 2030

India-Russia Trade Target: USD 100 Billion by 2030

BlackRock Invests Rs 304 Cr in Swan Energy: 1.45% Stake

Sri Lanka Appoints Honorary Consul in Gujarat

Thermax Babcock Wins Rs 513 Crore Boiler Order in Botswana

Plastic Industry: Key to Economy &amp; Jobs - Govt | GCPRS 2024

India-Korea FTA Upgrade Talks: Commerce Ministry Seeking Greater Market Access

HPCL Top Post: No Suitable Candidate Found, Govt Headhunter Rejects All

India-UK Trade Pact: Deal Postponed to After UK Elections

HPL Signs 10-Year Naphtha Deal with QatarEnergy

India to Lead Global Fuel Demand Growth: IEA

BPCL to Build New Refinery: India Eyes Oil Deals with Russia

Govt re-initiates process to find new IOC chairman, retirement age kept at 60 years

Deepak Fertilisers Q4 Profit Down 16% to Rs 215 cr - PTI

ONGC's Investments to Slow Deleveraging: S&P

IOC, GAIL, ONGC Fined for Missing Board Requirements

L&T Dispatches World's Heaviest Ethylene Oxide Reactors to China

Chabahar Port Deal: Landmark for India-Iran Economic Ties

Chabahar Port Deal: Landmark for India-Iran Economic Ties

SPIC Reports Q4 Net Loss of Rs 29 Cr | Business News

SPIC Ltd Reports Q4 Net Loss Due to Heavy Rainfall

DP World CEO: Tamil Nadu Best for Economic Zone

GAIL Q4 Profit Triples: Gas Transmission & Petrochemicals Turnaround

Tamilnadu Petroproducts Q4 PAT at Rs 10.96 cr

BPCL to Invest Rs 1.7 Lakh Cr in Energy Transition

Reliance Acquires Petrochemicals Subsidiary for Rs 314 Cr

DP World's Integrated Chennai Business Park Opens

IOC Shares Plunge 4% as Q4 Profit Halves

IOC Profit Halves in Q4: Fuel Price Cut, Petchem Woes

JNK India Shares Surge 67% on Debut

Plastic Pollution Treaty: Nations Advance Talks in Canada

IOC Net Profit Halves in Q4: Fuel Price Cuts Impact

JNK India Shares Debut with 50% Premium - Stock Market News

Reliance Gets Thumbs-Up from S&P, Fitch: Strong Earnings Keep Leverage in Check

JNK India IPO Oversubscribed 28 Times

JNK India IPO Fully Subscribed: Rs 650 Crore Offer

JNK India IPO: Rs 195 Cr Mobilised from Anchor Investors

Reliance Industries Profit Flat, Annual Earnings Hit Record

Reliance Industries Q4 Profit Flat, FY24 Earnings Hit Record | PTI

Mahadhan Agritech & Haifa: Specialty Fertilizers for Improved Crop Yields

JNK India IPO Opens Apr 23: Rs 395-415/share

SPIC Shifts to 100% Natural Gas for Urea Production

Paytm Payments Bank Crisis: Vijay Shekhar Sharma Resigns, Board Reconstituted

IOC, GAIL, ONGC Fined for Director Appointment Failure

PennWhite Ltd Sets Up Indian Subsidiary - Global Growth Strategy

Deepak Fertilisers & Equinor: Long-Term LNG Deal

India, Taiwan Sign Migration & Mobility Pact - New Delhi

Avaada Launches Green Hydrogen Project in Odisha

Manali Petrochemicals Q3 Profit Dips Due to Raw Material Costs

India's Largest Gas Deal: Petronet Renews Qatar LNG Contract

Tamilnadu Petroproducts Q3 Profit Hit by Cyclone

HPCL Barmer Refinery Commissioning in 2025: Fuel Demand to Rise

Petronet to Treble Profit by 2028 with Rs 40,000 cr Investment

India to Overtake China as Oil Demand Growth Center by 2027: IEA

India Extends Qatar LNG Deal: $78 Billion Pact for 20 Years

L&T Wins Onshore Project from IndianOil Adani Ventures

ONGC, IOC Invest Rs 1.2 Lakh Cr in FY25: Oil & Gas Focus

Coal Gasification: Boosting Steel && Reducing Imports - India's 100 MT Plan

Agriculture Ministry Budget FY25: Rs 1.27 Lakh Crore

MRPL Certified by IAQG for Aerospace Fuel

GAIL Q3 Profit Soars 10-Fold: Gas Transportation, Marketing Drive Growth

India's Gas Demand to Rise 6% in 2024: IEA

Chatterjee Group Enters Food Tech with FTSI

Reliance Net Profit Up 9%, Oil Refinery Shutdown Impacts Earnings

Vibrant Gujarat Summit 2024: Rs 26.33 Lakh Crore Investments Inked

Reliance Graduate Engineer Trainee Program 2024: Apply Now

Vibrant Gujarat 2024: 1.3 Lakh Participants from 140 Countries

SPIC Ltd Invests Rs 1,900 Cr in Expansion Plans

Gujarat Aims for USD 500 Billion Economy by 2026-27

Gujarat Aims for USD 500 Billion Economy by 2026-27: CM Patel

India-Oman FTA Talks Stalled: Petrochemical Duty Concessions

Gujarat's Industrial Revolution: Textiles, Pharma, Fisheries Lead Growth

Plastic Industry: Key to Economy & Jobs - Govt | GCPRS 2024