Search result for 'refineries'

Nuberg Targets 25% Revenue from Renewable Fuel in 3 Years

May 16, 2025 22:14

Nuberg EPC expects renewable and green energy fuel segment to contribute 25% to its total revenue in the next three years. The company has partnered with EDL Anlagenbau Gesellchaft to enhance...

India's Oil Demand to Surge 3.4% in 2025: OPEC

May 15, 2025 16:34

OPEC forecasts India's oil demand to grow at a rapid pace, exceeding China's rate, driven by strong economic growth and rising energy needs.

HPCL Q4 Profit Jumps 26% on Higher Refining Margins

May 6, 2025 19:49

HPCL's Q4 profit soared 26% driven by increased refining margins, despite unpaid LPG subsidies. The company also achieved record-high refinery throughput and sales volume.

HPCL, IOC, BPCL Shares Surge on Crude Oil Price Drop

May 5, 2025 18:09

Shares of HPCL, IOC, and BPCL rose sharply on Monday as global crude oil prices fell, boosting refining margins and improving profitability.

Gold & Silver Vending Machines: Aspect Bullion's New Launch

April 30, 2025 16:17

Aspect Bullion & Refinery launches 50 gold and silver vending machines across India, offering a convenient and transparent way to buy precious metals.

IOC Profit Soars 50% Despite LPG Subsidies

April 30, 2025 16:09

Indian Oil Corporation (IOC) reported a 50% jump in its March quarter net profit, driven by inventory gains that offset losses from subsidized LPG sales.

BPCL Profit Drops 24% on LPG Losses, Lower Margins

April 29, 2025 16:46

BPCL's Q4 net profit fell 24% due to LPG losses and lower refining margins. The company lost Rs 3,217.82 crore on selling LPG below cost in Q4.

MRPL Q4 Profit Drops 68% on Lower Refinery Margins

April 26, 2025 19:02

Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a 68% drop in its March quarter net profit due to lower refining margins. The company's revenue also declined, but it processed record...

UK''s HyNet Carbon Storage Project Approved: Essar Energy Transition to Play Key Role

April 25, 2025 15:39

The UK government has approved the HyNet carbon storage project, with Essar Energy Transition (EET) playing a key role. The project will capture CO2 from industrial emitters in north-west England...

Rs 1 Lakh Cr Assam Projects to Start by Dec: Himanta

April 24, 2025 20:12

Assam CM Himanta Biswa Sarma announced that projects worth Rs 1 lakh crore, including Guwahati Ring Road and Numaligarh Bio-Refinery, will be rolled out by December.

India's Infrastructure Growth Slows to 3.8% in March

April 21, 2025 17:41

India's key infrastructure sectors saw a slowdown in growth to 3.8% in March, down from 6.3% a year ago. The growth rate of coal, refinery products, steel, and electricity also moderated.

HMEL & IIT Kanpur Partner for Advanced Energy Solutions

April 18, 2025 15:55

HPCL-Mittal Energy Limited (HMEL) and IIT Kanpur have signed an MoU to collaborate on research and development in advanced energy solutions, focusing on sustainable energy technologies, process...

MMTC-PAMP Opens 1st Brand Store in Delhi, Plans 200 Stores

April 16, 2025 18:09

MMTC-PAMP launches its first exclusive brand store in Delhi, aiming to expand to 200 stores across India. The new store offers 24-carat gold and silver coins and bars.

Sustainable Aviation Fuel: SpiceJet Calls for Incentives & Logistics

April 16, 2025 16:01

SpiceJet's Ajay Singh emphasizes the need for government & industry collaboration to create incentives and logistics for sustainable aviation fuel (SAF) production, aiming to reduce carbon emissions.

India's Natural Gas Consumption to Rise 60% by 2030

April 10, 2025 15:13

India's natural gas consumption is projected to rise significantly by 2030, driven by increased usage in automobiles, cooking, and industrial applications. The study highlights the importance of...

IOC Invests Rs 61,000 Cr in Odisha Petrochemical Complex

April 8, 2025 16:56

Indian Oil Corporation (IOC) will invest Rs 61,077 crore in a mega petrochemical complex in Odisha, aiming to meet rising demand for petrochemicals and reduce import dependency.

HMEL Hits Record 2 Million Tonnes Polymer Sales in FY25

April 6, 2025 11:53

HPCL-Mittal Energy Ltd (HMEL) sets new record with 2 million tonnes of polymer sales in FY25, driven by expansion and customer focus. Learn more about their innovative solutions and commitment to...

IOC Unveils Project SPRINT for Future-Ready Energy

April 3, 2025 12:58

Indian Oil Corporation (IOC) launches Project SPRINT, a transformative initiative to future-proof its business, focusing on core strengths, cost optimization, customer centricity, and embracing...

India's Potential as a Sustainable Aviation Fuel (SAF) Producer

March 31, 2025 17:46

Airbus official highlights India's potential as a SAF producer, citing biomass waste and a robust petrochemical industry. Learn about SAF's benefits, production methods, and India's role in the...

Halder Venture Acquires KS Oil's Haldia Refinery for Rs 58 Crore

March 31, 2025 16:21

Halder Venture Limited (HVL) has acquired a closed edible oil refinery unit of KS Oil Ltd in Haldia for Rs 58 crore. HVL plans to resume operations within three months and aims to boost annual...

Nayara Energy Appoints Deepesh Baxi as CFO

March 28, 2025 18:43

Nayara Energy, India's largest private fuel retailer, has appointed Deepesh Baxi as its new Chief Financial Officer (CFO). Baxi brings over three decades of experience in finance, strategy, and M&A.

India's Infrastructure Growth Slows to 2.9% in February

March 28, 2025 17:27

India's eight core infrastructure sectors recorded a growth of 2.9% in February, slowing down from 7.1% a year ago. The production growth of coal, refinery products, steel and electricity...

Odisha Approves Rs 1.65 Lakh Crore Investments, Creates 50,000 Jobs

March 28, 2025 00:02

Odisha government approves 10 investment proposals worth Rs 1.65 lakh crore, including those of Vedanta and JSW Steel, creating over 50,000 jobs. The projects include steel plants, alumina...

Essar Energy Transition Fuels Signs Jet Fuel Deals with 2 More UK Airports

March 26, 2025 15:05

Essar Energy Transition Fuels expands its network to nine UK airports, bolstering energy security and supporting aviation growth. The company aims to lead the UK's energy transition with low-carbon...

Reliance Exports Russian Oil-Based Fuel to US: Report

March 18, 2025 14:46

Reliance Industries exported EUR 724 million worth of fuel made from Russian crude oil to the US in one year, according to a report by the Centre for Research on Energy and Clean Air (CREA).

Gold & Silver Vending Machine Launched in Mumbai

March 12, 2025 17:28

Aspect Bullion and Refinery introduces a gold and silver vending machine in Mumbai, offering secure and hassle-free purchases of coins and bars.

India Spent €112 Billion on Russian Oil Since Ukraine War

March 6, 2025 14:48

India's crude oil imports from Russia surged to 40% in 2022, driven by discounted prices, but recent sanctions have led to a decline. Read about India's oil imports from Russia since the Ukraine war.

Government Headhunter Fails to Find BPCL CEO

March 2, 2025 10:02

PESB struggles to find suitable candidates for top jobs at BPCL and HPCL due to lack of multidisciplinary experience among applicants.

India's Key Infrastructure Growth Surges 4.6% in January

February 28, 2025 17:05

India's eight core infrastructure sectors witnessed a 4.6% growth in January 2025, driven by strong performances in cement, refinery products, and fertiliser. Coal, steel, and electricity...

Assam: Key Player in India's Energy Sector

February 26, 2025 17:03

Assam Chief Minister Himanta Biswa Sarma highlights the state's crucial role in India's energy sector, emphasizing its vast hydrocarbon reserves, skilled workforce, and promising future in green...

Assam Biz Summit: Rs 1.89 Lakh Crore MoUs Signed

February 25, 2025 22:25

Assam's Advantage Assam 2.0 summit saw over 110 MoUs worth Rs 1.89 lakh crore signed on Day 1, with investments from Adani, Tata Power, JSW, and more.

India Imports '49 Billion Euros' of Russian Oil in 3 Years

February 25, 2025 10:41

India's Russian oil imports surged to '49 billion euros' in the past three years, driven by discounted prices. The country's reliance on Russian oil has increased significantly, impacting global...

PM Modi's Assam Visit: Business Summit Aims for Peaceful Image

February 24, 2025 18:32

Assam Chief Minister Himanta Biswa Sarma says PM Modi's presence at the Advantage Assam summit will showcase the state's peaceful environment and attract investment. The event will feature...

AI for Energy: Honeywell Sees 10-15% Output Boost

February 21, 2025 13:58

Honeywell's Anant Maheshwari discusses how AI can revolutionize energy production, management, and consumption, leading to increased efficiency and safety. Learn how AI is transforming the energy...

L''T Secures Alumina Refinery Order from Hindalco in Odisha

February 20, 2025 15:44

Larsen '' Toubro has secured a large order from Hindalco for an 850 KTPA alumina refinery in Odisha, encompassing engineering, manufacturing, supply, construction, and installation.

Rajasthan Budget: BJP hails 'green' budget, Congress calls it 'illusion'

February 19, 2025 17:53

Rajasthan's BJP government presented its budget, lauded as 'green' and focused on inclusive growth, while Congress criticized it as an 'illusion of figures', highlighting concerns over promises...

ED Restitutes Rs 30 Crore to SBI in Telangana Loan 'Fraud' Case

February 15, 2025 17:24

The Enforcement Directorate has restituted assets worth over Rs 30 crore to SBI in a money laundering case against a Telangana refinery company accused of loan fraud.

Chevron Invests USD 1 Billion in India Engineering Center

February 13, 2025 11:22

Chevron is establishing a USD 1 billion engineering and innovation center in Bengaluru, India, to tap into the country's engineering talent and support its global energy projects.

Petrobras Signs Oil Deals with BPCL, OVL, Oil India

February 12, 2025 19:36

Petrobras has signed agreements with BPCL for crude oil supply, and ONGC Videsh and Oil India for oil and gas exploration cooperation. These deals aim to strengthen energy security and...

India Gas Pricing Reform: IEA Calls for Freedom &' Unbundling

February 12, 2025 11:39

The IEA urges India to free gas pricing, unbundle marketing &' transportation, &' establish independent gas transmission operators to boost gas consumption.

US Sanctions Unlikely to Impact India-Russia Oil Trade: Minister

February 11, 2025 18:28

Russia's First Deputy Energy Minister says new US sanctions on Russian oil won't affect trade with India, which became the second-biggest buyer of Russian crude after the Ukraine war.

VA Tech WABAG Wins Rs 3,251 Crore Sewage Treatment Plant Order in Saudi Arabia

February 9, 2025 17:42

VA Tech WABAG secures a USD 371 million (Rs 3,251 crore) order for a 200 MLD Independent Sewage Treatment Plant in Riyadh, Saudi Arabia. The project is part of Saudi Arabia's 'Vision 2030' to...

ONGC's Mumbai High Sees Redemption in BP Deal

February 9, 2025 11:14

ONGC partners with BP to revitalize Mumbai High oilfield, aiming to increase production by 44% for oil and 89% for gas. BP will provide technical expertise and receive a share of revenue, reversing...

India's Key Infra Sectors Growth Slows to 4% in December 2024

January 31, 2025 17:12

India's eight core infrastructure sectors saw a slowdown in growth to 4% in December 2024, compared to 5.1% in the same period last year. Natural gas production recorded a decline, while coal,...

Andhra Pradesh Approves Rs 44,776 Cr Projects, Focus on Clean Energy

January 30, 2025 17:03

Andhra Pradesh investment board approves Rs 44,776 crore worth of projects, largely in clean energy, creating 19,580 jobs. The state aims for 160 GW renewable energy.

Sunil Kanti New Head of Guwahati Refinery - Indian Oil

January 29, 2025 16:55

Sunil Kanti has been appointed as the new head of the Guwahati Refinery, replacing P K Basumatary. Kanti brings extensive experience in refinery operations and maintenance.

JSW Group to Set Up 5-MTPA Steel Plant in Odisha

January 28, 2025 18:31

JSW Group has signed an MoU with the Odisha government to set up a 5-million tonnes per annum steel plant in Keonjhar district, with an investment of around Rs 35,000 crore.

Vedanta's Rs 1 Lakh Cr Aluminium Refinery in Odisha

January 28, 2025 17:00

Vedanta announces a Rs 1 lakh crore aluminium refinery and smelter project in Odisha's Rayagada district, with the first phase expected to be operational within three years.

India to Continue Buying Russian Crude at Discount: Puri

January 24, 2025 21:33

India will continue to buy discounted Russian crude oil, says Petroleum Minister Hardeep Puri, emphasizing the government's commitment to acquiring the most economically-priced crude. Learn more...

IH2A Seeks USD 2.5 Billion for Green Hydrogen Mission

January 22, 2025 17:22

India Hydrogen Alliance (IH2A) urges increased funding for National Green Hydrogen Mission (NGHM) in the upcoming budget, aiming to boost green hydrogen production and meet 2030 targets.

MRPL Q3 Profit Drops 21% | Lower Revenue Hits Earnings

January 20, 2025 18:20

Mangalore Refinery and Petrochemicals Ltd (MRPL) reports a 21% decline in Q3 net profit, driven by lower revenues despite higher refinery margins. Read more about MRPL's financial performance.

Reliance Back on Growth Path: Catalysts for Performance

January 19, 2025 10:30

Reliance Industries Ltd is back on a growth path, with brokerages citing multiple catalysts for strong performance. Key drivers include retail, new energy, and digital.

BPCL Secures Rs 31,802 Cr for Bina Refinery Expansion

January 17, 2025 12:31

BPCL has achieved financial closure for its Bina refinery expansion and petrochemical project, securing Rs 31,802 crore from a consortium of lenders led by SBI. The project aims to increase...

EET Fuels Secures $350 Million for Decarbonization

January 14, 2025 18:12

EET Fuels, owner of the UK's Stanlow refinery, secures $350 million in financing for its decarbonization strategy, aiming for a 95% emissions reduction by 2030. The funding includes a new facility...

India Sees No Disruption in Russian Oil Supplies for 2 Months

January 13, 2025 19:00

India, the world's third largest oil importer, expects no disruption in Russian oil supply for two months despite US sanctions on Russian energy trade. However, Indian refineries are likely to shun...

HPCL Refinery in Balotra Crucial for Rajasthan Development: Sharma

January 10, 2025 20:24

Rajasthan CM Bhajanlal Sharma emphasizes the importance of HPCL Refinery construction in Balotra for the state's development, directing officials to expedite the project and maximize local employment.

MRPL Partners with ISPRL for Crude Oil Storage

January 7, 2025 19:42

MRPL signs MoU with ISPRL to utilize underground caverns for crude oil storage, enhancing storage capacity and ensuring supply security. The partnership aims to mitigate risks from global market...

Odisha Approves Rs 44,793 Crore Investments, Creates 23,000 Jobs

January 7, 2025 13:03

Odisha government approves Rs 44,793 crore investments across five sectors, generating over 23,000 jobs. Projects include refinery, green energy, and steel.

Adani & Indorama Team Up for Petrochemical Venture

January 6, 2025 20:08

Adani Group and Thailand's Indorama Resources have formed a joint venture, Valor Petrochemicals, to establish a refinery and petrochemical complex in India.

Coal Production Surges 34% in Apr-Dec: India's Energy Update

January 2, 2025 19:54

Coal production in India from captive and commercial mines soared 34.2% to 131.05 million tonnes in April-December 2024, driven by strong demand and government initiatives. Read more.

India Oil & Gas Demand Strong in FY26: India Ratings

January 2, 2025 18:09

India's oil and gas demand is projected to remain robust in FY26, despite weak global demand, according to India Ratings. The agency expects healthy demand for petroleum products to support...

India's Core Sector Growth Slows to 4.3% in November 2024

December 31, 2024 20:17

India's eight core infrastructure sectors saw growth slow to 4.3% in November 2024, down from 7.9% in the same month last year. Cement production led the rise, while crude oil and natural gas...

India's Infrastructure Growth Slows to 4.3% in November

December 31, 2024 17:41

India's eight core infrastructure sectors saw growth slow to 4.3% in November 2024, down from 7.9% a year ago. Production of crude oil and natural gas contracted, while cement output rose.

Andhra Pradesh Approves Rs 1.82 Lakh Crore Projects

December 30, 2024 22:15

Andhra Pradesh CM N Chandrababu Naidu approved nine projects worth Rs 1.82 lakh crore, creating 2.63 lakh jobs. These include a BPCL refinery, TCS office, and several manufacturing and energy...

Reliance Seeks Premium for KG-D6 Oil

December 30, 2024 15:29

Reliance Industries is seeking a premium of USD 3.5 per barrel for crude oil produced from the KG-D6 block, putting out a tender for bids from domestic refiners.

BPCL to Build New Refinery in Andhra Pradesh

December 25, 2024 11:55

BPCL has selected Andhra Pradesh for its latest greenfield refinery project, aiming to meet India's growing fuel demand. The refinery, estimated at Rs 6,100 crore, is part of BPCL's ambitious...

BPCL to Build New Refinery in Andhra Pradesh

December 24, 2024 19:29

Bharat Petroleum Corporation Ltd (BPCL) has selected Andhra Pradesh for a new oil refinery and petrochemical complex, aiming to meet growing fuel demand in India.

India: Potential Sustainable Aviation Fuel Producer | IATA

December 22, 2024 17:32

India's potential to be a key SAF producer is highlighted by IATA, utilizing ethanol supplies and lipids feedstocks. The country could become a regional SAF hub.

India: Potential Key Sustainable Aviation Fuel Producer - IATA

December 22, 2024 14:19

India's potential to become a major sustainable aviation fuel (SAF) producer is highlighted by IATA, leveraging its ethanol supply and lipids feedstocks. Learn more about India's SAF strategy.

IOC Probes US Firm Bribery Allegations

December 22, 2024 14:12

Indian Oil Corporation (IOC) is investigating allegations that Albemarle Corporation bribed its officials to secure catalyst contracts between 2009 and 2011. The US firm settled a bribery case with...

IOC to Invest Rs 21,000 Cr in Bihar Refinery Expansion, City Gas

December 19, 2024 16:47

Indian Oil Corporation (IOC) to invest over Rs 21,000 crore in expanding Barauni refinery and setting up city gas distribution network across Bihar. The investment is part of IOC's ambition to...

MRPL Commissions New Bitumen Production Unit in Mangaluru

December 17, 2024 18:49

MRPL has commissioned a new bitumen production unit in Mangaluru, doubling its capacity and supporting India's highway development. The unit utilizes cutting-edge 'Biturox' technology from Austria.

India's Russian Oil Imports Drop in November

December 15, 2024 11:39

India's imports of Russian crude oil fell in November, but Russia remains India's largest oil supplier despite discounts shrinking. Read more.

Reliance Signs $12-13 Billion Oil Deal with Rosneft

December 12, 2024 18:56

Reliance Industries has signed a 10-year deal to import USD 12-13 billion worth of crude oil annually from Russia's Rosneft. The deal comes as India becomes a major buyer of Russian oil following...

Gehlot Urges Modi for Barmer Refinery Approvals

December 7, 2024 21:51

Former Rajasthan CM Ashok Gehlot appeals to PM Modi to expedite approvals for the Barmer refinery, highlighting the project's economic potential and job creation opportunities.

Adani's Kutch Copper Refinery: India to be Self-Sufficient by 2025

December 6, 2024 18:25

Adani's Kutch copper refinery will make India self-sufficient in refined copper by early 2025, reducing reliance on imports. The refinery is expected to be fully operational by February-March 2025.

India Scraps Windfall Profit Tax on Crude Oil & Fuel Exports

December 2, 2024 14:44

India has scrapped the windfall profit tax on domestic crude oil and fuel exports, citing a decline in international oil prices. The decision follows controversy and lobbying from industry players.

NCLAT Approves IL&FS Subsidiary Sale to Bidder

November 30, 2024 16:22

The National Company Law Appellate Tribunal (NCLAT) has allowed debt-ridden IL&FS to sell its subsidiary IPRWL to a successful bidder. This could help IL&FS repay around Rs 1,000...

India's Key Infrastructure Growth Slows to 3.1% in October 2024

November 29, 2024 17:20

India's eight core infrastructure sectors saw a sharp decline in growth to 3.1% in October 2024, down from 12.7% in the same month last year. The sectors include coal, crude oil, natural gas,...

Vedanta to Invest USD 2 Billion in Saudi Copper Projects

November 26, 2024 18:47

Vedanta Ltd plans to invest USD 2 billion in copper projects in Saudi Arabia, including a smelter, refinery and rod project, supporting Vision 2030 and creating thousands of jobs.

E.I.D. Parry Q2 PAT at Rs 591.66 cr - Business News

November 15, 2024 16:42

E.I.D. Parry India Ltd reported a consolidated profit after tax of Rs 591.66 crore for the July-September 2024 quarter, a decline from the previous year. Read more.

Nalco Q2 Profit Surges to Rs 1,046 Crore | Higher Revenue

November 13, 2024 17:31

Nalco's consolidated profit for Q2 FY25 jumped to Rs 1,046 crore, driven by increased revenue from operations. The company also declared an interim dividend of Rs 4 per share.

India Urges Urgent Measures to Reduce Trade Deficit with Russia - Jaishankar

November 11, 2024 17:57

India's External Affairs Minister Jaishankar calls for immediate action to address the widening trade gap with Russia, highlighting the need for non-tariff barrier removal and national currency...

India Now Biggest EU Fuel Exporter, Russian Oil Refinement Loophole

November 10, 2024 12:32

India's fuel exports to the EU soared, likely fueled by Russian oil refining. India now biggest exporter of fuel to EU despite price cap.

Metro Group Launches Construction Tracker in Thane

November 4, 2024 19:51

Metro Group introduces a 'live construction tracker' feature for its upcoming project, 'The Presidential' in Thane, offering transparency to homebuyers.

Nalco CMD Sridhar Patra Retires After 3 Decades

November 1, 2024 14:16

Sridhar Patra, Chairman-cum-Managing Director of Nalco, retired on Thursday after reaching superannuation age. He had over three decades of experience in various PSUs.

India's Infrastructure Growth Slows to 2% in September

October 30, 2024 17:13

India's eight core infrastructure sectors saw growth slow to 2% in September, with three sectors reporting negative growth. Learn more about the key factors driving this slowdown.

IOC Q2 Earnings Plunge on Inventory Losses, Operations Strong

October 29, 2024 18:05

Indian Oil Corporation (IOC) reported a 98.6% drop in Q2 earnings due to inventory losses, despite robust operating performance. Learn more about IOC's financial results and the impact of global...

IOC Q2 Profit Slumps 98% on Refining Margin Fall

October 28, 2024 15:58

Indian Oil Corporation (IOC) reported a steep 98.6% drop in Q2 net profit, driven by declining refining margins and under-recoveries on LPG. Revenue also fell due to softer oil prices.

ONGC Chairman Should Head HPCL: Synergy Panel Report

October 27, 2024 12:15

A panel appointed to work out synergies between ONGC and HPCL has recommended that the ONGC Chairman should also be the chairman of the subsidiary HPCL, citing universal corporate practices. The...

BPCL Q2 Profit Drops 72% on Lower Refining Margins

October 25, 2024 15:51

BPCL's net profit plunged 72% in Q2 FY24 due to falling refining margins and shrinking fuel marketing margins. Revenue remained stable but lower product cracks and price cuts ahead of elections...

HPCL Q2 Profit Slumps 98%: Refining & Fuel Margin Fall

October 25, 2024 14:05

HPCL's net profit plummeted by 98% in Q2 FY24, driven by a decline in refining and marketing margins. The company saw significant losses compared to the previous year.

Vedanta to Invest Rs 1 Lakh Cr in Odisha for Alumina Refinery, Aluminium Plant

October 18, 2024 18:43

Vedanta announces a Rs 1 lakh crore investment in Odisha to build an alumina refinery and aluminium plant, creating 2 lakh jobs and supporting the state's economic growth.

Naresh Nayyar Joins EET Fuels Board: Stanlow Refinery Decarbonisation

October 16, 2024 16:54

Veteran oil executive Naresh Nayyar joins EET Fuels, owner of the UK's Stanlow refinery, to lead decarbonisation efforts and drive low-carbon projects.

India's Energy Demand to Skyrocket: IEA Outlook

October 16, 2024 16:34

India's energy demand will surge by 2035, with car additions exceeding 12,000 daily 'ACs consuming more power than Mexico. Learn about the IEA's projections for India's energy future.

Reliance Shares Dip After Q2 Earnings Miss

October 15, 2024 10:37

Reliance Industries shares fell over 1% after reporting a 5% decline in Q2 net profit. The company's oil refining and petrochemical business saw weak performance.

Essar to Create World's First Decarbonized Refinery in UK

October 8, 2024 18:32

Essar Group aims to transform the UK's Stanlow refinery into the world's first decarbonized green refinery using blue hydrogen, reducing carbon emissions by 95%.

India Monitors Global Oil Price Surge Amidst Middle East Conflict

October 7, 2024 18:48

India is closely monitoring rising oil prices due to escalating tensions in the Middle East, Oil Minister Hardeep Singh Puri stated, assuring confidence in navigating any challenges.

Essar Energy Transition Welcomes UK Backing for HPP1 Project

October 4, 2024 18:42

Essar Energy Transition (EET) welcomes UK government funding for the HyNet cluster, which includes EET's 350-megawatt Hydrogen Production Plant 1 (HPP1) at its Stanlow site. The project aims to...

Greenzo to Supply Electrolysers for Green Hydrogen Projects in Gujarat

October 4, 2024 16:46

Greenzo Energy will provide electrolysers to RBM Infracon for 15 MW green hydrogen projects in Gujarat. The partnership aims to establish green hydrogen facilities in Jamnagar, Kutch, and Bhuj.

Vedanta Acquires Hockey Team Kalinga Lancers - HIL

October 4, 2024 15:18

Vedanta Ltd announces the acquisition of Bhubaneswar-based hockey team Kalinga Lancers ahead of Hockey India League (HIL), strengthening its commitment to sports in Odisha.

EET Fuels Secures $650 Million for Decarbonization

October 3, 2024 14:50

EET Fuels, owner of UK's Stanlow oil refinery, secures $650 million in financing to support its decarbonization plans, including carbon capture and blue hydrogen use.

Rupee Closes at 83.82, Falls 3 Paise Against US Dollar

October 1, 2024 20:29

The Indian rupee weakened against the US dollar on Tuesday, closing at 83.82 due to foreign fund outflows and a strengthening US dollar. Weak crude oil prices and a recovery in US dollar weighed on...

West Asia Conflict Hits India's Trade with Israel, Jordan, Lebanon

October 1, 2024 19:13

The escalating conflict in West Asia is impacting India's trade with Israel, Jordan, and Lebanon, leading to significant export declines, according to GTRI. Learn about the implications for Indian...

Rupee Closes Lower at 83.82 Against US Dollar | India News

October 1, 2024 15:56

The Indian rupee settled 3 paise lower at 83.82 against the US dollar on Tuesday, influenced by weak equity markets, FII outflows, and a strengthening dollar. However, declining crude oil prices...

India's Key Infrastructure Sectors Contract 1.8% in August

September 30, 2024 17:12

India's core infrastructure sector growth contracted by 1.8% in August due to a decline in coal, crude oil, natural gas, refinery products, cement, and electricity production.

Petrol, Diesel Price Cut Likely: Icra

September 26, 2024 13:26

Icra predicts a possible reduction in petrol and diesel prices in India due to lower crude oil prices. The agency estimates a potential drop of Rs 2-3 per litre, citing improved margins for...

SBI Sees Rs 4 Lakh Cr Credit Demand, Private Capex to Rise

September 24, 2024 16:13

SBI Chairman C S Setty expects private capital expenditure to pick up in the second half of FY24, driven by a strong Rs 4 lakh crore credit pipeline. The bank also sees renewed government spending.

JSW Group Confirms Odisha EV Project: Rs 40,000 Crore Investment

September 24, 2024 16:06

JSW Group clarifies its EV and battery project in Odisha is not being withdrawn despite media reports. The Rs 40,000 crore investment is still planned for the state, including an EV plant, lithium...

Petrol, Diesel Price Cut Before Maha Elections? Oil Official Comments

September 19, 2024 16:18

Amidst volatile oil prices, an Indian oil ministry official addresses speculations about potential petrol and diesel price cuts before the Maharashtra elections. Learn about the latest on fuel...

Nayara Energy Fuel Sales Surge 14%, Exports Drop

September 15, 2024 11:36

Nayara Energy, India's largest private fuel retailer, saw a 14.3% rise in domestic fuel sales in Q2 2024 as exports declined due to increased local demand. The company expanded its retail network...

Modi: Easing Export Rules on Rice, Onions Will Boost Farmers' Income

September 14, 2024 19:36

Prime Minister Modi lauded recent changes in agricultural export policies, stating that easing export norms on basmati rice and onions will boost farmers' incomes and create rural jobs.

India's Oil Exports to Bangladesh Unaffected by Turmoil

September 14, 2024 19:25

Despite political unrest in Bangladesh, India continues to export diesel to Bangladesh, with no disruption to business. Numaligarh Refinery's diesel exports remain unaffected, according to OIL...

Oil India to Invest Rs 25,000 Crore for Net Zero by 2040

September 14, 2024 19:09

Oil India Ltd plans to invest Rs 25,000 crore in clean energy projects to achieve net zero carbon emissions by 2040, including renewable energy, green hydrogen, and biogas plants.

Thermax Partners with Ceres Power for Green Hydrogen Solutions

September 12, 2024 17:57

Thermax and Ceres Power join forces to produce large-scale Solid Oxide Electrolysis Cell (SOEC) for cost-effective green hydrogen production, aiming to decarbonize industries like steel and ammonia.

Essar Energy Transition Appoints Ruth Herbert as Managing Director

September 12, 2024 14:05

Essar Energy Transition (EET) has appointed Ruth Herbert as Managing Director, Business Development & Strategic Initiatives, effective September 16. Herbert brings over 15 years of experience in...

EIL Eyes More Middle East Orders: Abu Dhabi Office Expansion

September 11, 2024 18:44

Engineers India Ltd (EIL) is expanding its Abu Dhabi office to capitalize on increased orders from the Middle East, particularly in oil and gas projects. The company is also diversifying into new...

Green Hydrogen: PM Modi Urges Action on Climate Change

September 11, 2024 13:26

Prime Minister Modi emphasizes the urgency of addressing climate change and highlights Green Hydrogen as a key solution. India's National Green Hydrogen Mission aims to make the country a global...

Adani's Journey: From Rejected College Applicant to $220 Billion Empire

September 5, 2024 20:53

Gautam Adani, India's second-richest person, was rejected by Jai Hind College in Mumbai but went on to build a USD 220 billion empire. He delivered a lecture at the same college on Teachers Day,...

EET Fuels Appoints Toyo-India for Carbon Capture Project

September 3, 2024 18:43

EET Fuels appoints Toyo Engineering India for FEED study of its USD 1.2 billion carbon capture project at Stanlow refinery in the UK, aiming to reduce emissions by 95% by 2030.

NRL Records Rs 23,731 Crore Revenue in FY24

August 30, 2024 20:29

Numaligarh Refinery Limited (NRL) achieved a revenue of Rs 23,731 crore and a net profit of Rs 2,160 crore in FY24, despite challenges in the first quarter. The company also declared a final...

India's Infrastructure Growth Slows to 6.1% in July

August 30, 2024 17:00

India's eight core infrastructure sectors saw growth slow to 6.1% in July, driven by a decline in crude oil and natural gas output.

BPCL Plans New Refining ''Petrochemical Complex in 5-7 Years

August 30, 2024 16:34

BPCL plans to build a new refining and petrochemical complex in India to meet growing energy demand. The company also outlined its investments in green energy and EV infrastructure.

MRPL Opens Retail Outlet in Bengaluru, Expanding HiQ Auto Fuels Network

August 27, 2024 17:58

Mangaluru Refineries and Petrochemicals Limited (MRPL) has opened a new retail outlet in Bengaluru, expanding its HiQ Auto fuels network and aiming to sell 1 million metric tonnes of fuel through...

EET Fuels Appoints Wood for Hydrogen Fuel Switching Project

August 27, 2024 15:09

EET Fuels appoints Wood for front-end engineering of its hydrogen fuel switching project at Stanlow refinery, aiming to become the UK's first low carbon process refinery.

AM Green Ammonia Reaches FID for Kakinada Green Ammonia Project

August 27, 2024 13:29

AM Green Ammonia has reached final investment decision (FID) for its 1 million tonne green ammonia project in Kakinada, Andhra Pradesh. The project will be located at an existing urea plant and is...

ONGC Boosts Oil Production with New Well in KG Field

August 25, 2024 13:09

ONGC opens a new well in the KG-D5 block, increasing oil and natural gas production, aiming to reach peak output by 2025.

IOC, BPCL, GAIL Fined Again for Board Listing Norms

August 25, 2024 12:28

India's top oil companies, including IOC, BPCL, and GAIL, have been fined for the fifth consecutive quarter for failing to meet board listing norms regarding independent and women directors.

Zelenskyy: Russia Faces Challenges If World Stops Buying Oil

August 24, 2024 00:44

Zelenskyy says Russia would face significant challenges if the world, including India, stops buying its oil, highlighting the impact of sanctions on Russia's economy.

Hindalco to Invest USD 10 Billion in Expansion Projects

August 22, 2024 18:52

Hindalco Industries announces a USD 10 billion investment in expansion projects across India and the US, including a new alumina refinery and a copper smelting facility.

BPCL to Invest Rs 1.7 Lakh Cr in Expansion, Green Energy

August 18, 2024 10:52

BPCL plans to invest Rs 1.7 lakh crore over the next five years to expand its core business and foray into new areas like petrochemicals and green energy. The company aims to achieve net-zero...

India Imports USD 2.8 Billion in Russian Crude Oil in July

August 15, 2024 12:11

India imported USD 2.8 billion worth of crude oil from Russia in July, making Russia its biggest supplier. This comes as European nations shun Russian oil due to the Ukraine war. China is the...

HPCL Head Appointment: Govt. Uses Search-cum-Selection Committee

August 14, 2024 15:49

The Indian government is using a search-cum-selection committee to appoint the new head of Hindustan Petroleum Corporation Ltd (HPCL) after the PESB rejected all candidates. This follows a similar...

Nalco Q1 Profit Surges 76% to Rs 588 Crore - Business News

August 12, 2024 15:21

Nalco's consolidated profit jumped 76.3% to Rs 588.42 crore in Q1 FY25, while revenue declined. The company also announced a final dividend of Rs 2 per share.

GAIL Chairman Sandeep Gupta: IOC Chairman Wildcard? - News

August 11, 2024 20:04

Sandeep Gupta, GAIL chairman, is a wildcard candidate for the Indian Oil Corporation chairman position. The search-cum-selection panel is interviewing candidates for the role, with Gupta being...

Reliance to Commission First Solar Giga-Factory in FY25

August 11, 2024 11:15

Reliance Industries plans to commission its first solar giga-factory in FY25 as part of its commitment to achieving net-zero carbon emissions by 2035. The factory will manufacture solar PV modules,...

IOC to Raise Refining Capacity by 25% to Meet India's Oil Needs

August 9, 2024 18:26

Indian Oil Corporation (IOC) plans to increase refining capacity by 25% to meet India's rising oil demand. The company aims to become a USD 1 trillion company by 2047, investing in fossil fuels,...

Infrastructure Sector Growth Slows to 4% in June

July 31, 2024 17:13

India's eight core infrastructure sectors saw growth slow to 4% in June 2024, driven by declines in crude oil and refinery product output. Learn more about the impact on industrial production.

IOC Profit Plunges 81% in Q1 on Lower Margins, Fuel Subsidy

July 30, 2024 16:08

Indian Oil Corporation (IOC) reported an 81% drop in Q1 net profit due to lower refining margins, fuel under-recoveries, and LPG subsidies. Revenue remained flat.

HPCL Q1 Profit Slumps 90%: Refining & Fuel Margin Fall

July 29, 2024 17:26

HPCL's net profit dropped 90% in Q1 due to lower refining margins and fuel price reductions. The company's downstream fuel retailing earnings also slumped significantly.

Sugar Mills to Bio-Refineries: ISMA Proposes Plan to Govt

July 25, 2024 13:47

India's sugar industry body ISMA proposes a plan to transform sugar mills into bio-refineries, aiming to boost production of sustainable aviation fuel and green energy.

Vedanta Raises USD 1 Billion in QIP, Goldman Sachs & Morgan Stanley Invest

July 21, 2024 14:50

Vedanta Limited successfully raised over USD 1 billion through a QIP, attracting prominent investors like Goldman Sachs and Morgan Stanley. The funds will be used to de-leverage the company's...

IOC Targets USD 1 Trillion Revenue by 2047

July 21, 2024 10:44

Indian Oil Corporation (IOC) aims to become a USD 1 trillion company by 2047, focusing on clean energy and traditional oil refining, as India's energy demand grows.

Ohmium's Green Hydrogen Gigafactory Launched Near Bengaluru

July 19, 2024 18:02

Ohmium International opens a 2GW green hydrogen electrolyser gigafactory near Bengaluru, aiming to meet the growing demand for clean energy in India and globally.

BPCL Net Profit Slumps 73% in Q1: Refinery Margins Drop

July 19, 2024 17:01

BPCL's net profit plunged 73% in the June quarter due to declining refinery margins and reduced fuel prices. Learn more about the impact on the company's financial performance.

Vedanta QIP Oversubscribed: Rs 23,000 cr Bids for Rs 8,000 cr Offer

July 18, 2024 15:42

Vedanta's qualified institutional placement (QIP) of Rs 8,000 crore received bids worth Rs 23,000 crore, with strong interest from FIIs and domestic investors. The QIP will help the company...

Toshiba Invests ₹500 Crore to Expand Power Equipment Capacity in India

July 18, 2024 15:19

Toshiba Group will invest 10 billion Japanese yen (over ₹500 crore) in India to increase the capacity of producing power transmission and distribution equipment, with a focus on exports and the...

Budget 2024: Clean Energy Investments to Get Boost, Experts Say

July 17, 2024 16:44

Experts predict the upcoming Indian budget will focus on promoting investments in clean energy with policy measures, VGF schemes, and incentives for the renewable energy sector.

BCD Group Wins Rs 184 cr Housing Project in Bengaluru

July 15, 2024 15:02

BCD Group secures a Rs 184 crore contract to construct a residential project in Bengaluru, 'Ramsons Trendsqure East Park Residences', showcasing the company's expertise in high-end development.

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.

IndianOil Launches High-Octane Racing Fuel STORM-X

July 14, 2024 10:51

IndianOil launches STORM-X, a high-octane racing fuel produced in India for the first time. The fuel meets FIA specifications and will be used in national and international racing events.

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.

Essar Energy Transition: Europe's First Hydrogen-Ready Power Plant

July 12, 2024 14:53

Essar Energy Transition is building Europe's first hydrogen-ready power plant at its Stanlow refinery in the UK, aiming to reduce carbon emissions and support the region's decarbonization efforts.

NE Gas Grid Work in Tripura to Finish by March 2025

July 12, 2024 12:50

Tripura's North East Gas Grid (NEGG) project is expected to be completed by March 2025, bringing improved gas supply to the state.

India's Oil & Gas Exploration: USD 100 Billion Opportunity

July 11, 2024 13:37

India's oil minister calls for increased oil & gas exploration to reduce reliance on imports, citing USD 100 billion opportunity by 2030. Explore untapped potential and investment opportunities.

Vedanta Demerger: 6 New Companies, Value Unlock - Anil Agarwal

July 10, 2024 16:37

Vedanta Chairman Anil Agarwal announces the company's demerger into six independent firms, unlocking significant value and creating new investment opportunities.

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.

ONGC to Invest Rs 2 Lakh Cr for Net Zero by 2038

July 9, 2024 16:52

ONGC plans to invest Rs 2 lakh crore in renewable energy and green hydrogen to achieve net-zero emissions by 2038, including 5 GW of solar and offshore wind.

Vedanta & Odisha CM Discuss Collaboration for Industrial Growth

July 6, 2024 20:12

Vedanta Chairman Anil Agarwal met Odisha CM Mohan Charan Majhi to explore new areas of collaboration, aiming to accelerate the state's industrial development and socio-economic growth.

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.

Mukesh Ambani Invites Gandhis to Son's Wedding

July 4, 2024 23:23

Reliance Industries chairman Mukesh Ambani invited Sonia Gandhi and the Gandhi family to his son Anant Ambani's wedding, scheduled for July 12.

Coal Sector Growth: 10.2% Rise in May - India News

July 4, 2024 18:19

India's coal sector witnessed a 10.2% growth in May, leading among eight core industries. The rise is attributed to increased production, meeting energy and manufacturing demands.

Urja Ganga Gas Pipeline Delayed to March 2025

June 30, 2024 10:34

GAIL's Urja Ganga gas pipeline, aimed at bringing natural gas to eastern India, has been delayed to March 2025 due to right-of-use issues. The pipeline is expected to connect over 90 areas across...

India's Key Infrastructure Sectors Grow 6.3% in May

June 28, 2024 17:32

India's eight core infrastructure sectors saw a 6.3% growth in May, driven by coal, natural gas, and electricity production. Learn more about the performance of these sectors.

'Marwari' school of business keeps 3 generations of Ruia family under one roof

June 17, 2024 13:47

Essar's Ruia family, spanning 3 generations, defies the trend of family business feuds, staying united under one roof and jointly running the business empire.

Vedanta Targets USD 10 Billion EBITDA with 50 Growth Projects

June 17, 2024 09:32

Vedanta Group outlines its strategic roadmap to achieve USD 10 billion EBITDA through over 50 high-impact growth projects across zinc, aluminum, oil & gas, and power.

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 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...

ONGC Seeks Tech Help for Mumbai High, No Stake Sale

June 11, 2024 16:21

ONGC will not sell a stake in Mumbai High, but is seeking technical help from global giants like BP to boost declining oil and gas production from the field.

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...

India's Key Infrastructure Sectors Growth Reaches 6.2% in April

May 31, 2024 17:05

India's eight key infrastructure sectors witnessed a growth of 6.2% in April, driven by increased production of natural gas, refinery products, and electricity. The sectors contribute 40.27% to the...

Vedanta Resources Posts Record EBITDA in FY24

May 31, 2024 16:43

Vedanta Resources, the parent company of India-listed mining group, reported its second highest ever consolidated EBITDA of USD 4.7 billion for FY24, a year its chairman Anil Agarwal called 'pivotal'.

Powergrid Commissions Jam Khambhaliya Transmission Project in Gujarat

May 28, 2024 15:17

Powergrid has commissioned the Jam Khambhaliya transmission project in Gujarat, connecting Jamnagar Oil Refinery of Reliance Industries Ltd to the Inter State Transmission System Pooling Station....

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.

Nayara Energy: Petrol Sales Surge, Exports Drop

May 19, 2024 10:40

Nayara Energy, India's largest private fuel retailer, sees a 48% jump in petrol sales in Q1 2024, while exports decline to meet growing domestic demand.

Reliance Seeks Access to ATF Pipelines, Storage: Competition Push

May 19, 2024 10:35

Reliance Industries seeks access to pipelines and storage facilities of PSU oil firms for ATF supply, aiming for a larger share of fuel trade at major airports, boosting competition.

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.

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.

Stanlow Refinery Celebrates 100 Years of Operations in UK

May 9, 2024 20:04

EET Fuels'' Stanlow Refinery marks 100 years of operation, highlighting its commitment to low carbon fuels and hydrogen production in the UK.

BPCL Q4 Profit Down, FY24 Record High - Bonus Issue

May 9, 2024 19:11

BPCL's Q4 net profit fell 30%, but FY24 saw a record profit of Rs 26,858 cr. The company also announced a 1:1 bonus share issue. Read more.

Gold Futures Trading Starts on India INX

May 8, 2024 16:56

India's leading gold refiner has started trading gold futures on India INX, a move that suggests the exchange is becoming a key hub for hedging against gold price volatility.

Saudi Business Delegation Invests in Pakistan

May 5, 2024 22:24

A large delegation of Saudi businessmen arrives in Pakistan to explore investment opportunities in various sectors, including energy, technology, and agriculture.

India's Key Infrastructure Sectors Grow 5.2% in March

April 30, 2024 20:28

India's eight core infrastructure sectors, including oil, cement, and electricity, saw growth rise to 5.2% in March 2024, driven by improved output. Learn more about the performance of these key...

India's Key Infrastructure Sectors Grow 5.2% in March

April 30, 2024 18:28

India's eight key infrastructure sectors, including coal, crude oil, and electricity, grew by 5.2% in March, according to official data. This is lower than the 7.1% growth in February but higher...

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...

India's Oil Import Bill to Rise to USD 104 Billion in FY25: ICRA

April 30, 2024 13:28

ICRA predicts India's oil import bill to reach USD 101-104 billion in FY25 due to high dependency and potential conflict escalation. Learn more about the impact on India's economy.

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.

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.

Earth Day: GoodEnough Energy to Cut 5 Million Tons CO2 Emissions

April 22, 2024 16:11

GoodEnough Energy, a battery storage systems maker, aims to reduce CO2 emissions by 5 million tonnes annually through its new Gigafactory in Jammu & Kashmir, supporting India's Net-Zero goal and...

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).

EET Appoints Rob Wallace as CEO of EET Hydrogen Power

April 17, 2024 17:12

EET Fuels appoints Rob Wallace as CEO of EET Hydrogen Power, a key part of its decarbonisation plans at Stanlow refinery in the UK. Wallace brings extensive experience in hydrogen and power...

Vedanta FY25: Transformative Year with USD 3 Billion Deleveraging

April 17, 2024 15:49

Vedanta Chairman Anil Agarwal outlines ambitious plans for FY25, including USD 3 billion deleveraging, USD 7.5 billion EBITDA target, and growth across various businesses.

Apple Eyes Indonesia Manufacturing: Cook Meets Widodo

April 17, 2024 11:02

Apple CEO Tim Cook met with Indonesian President Joko Widodo, hinting at potential manufacturing in the country as Apple seeks to diversify its supply chain away from China.

Company Name
Price
Volume

Vodafone Idea L
6.51 ( -3.27)
76356035

Harshil Agrotech
2.41 (+ 4.78)
28826807

AvanceTechnologies
0.85 (+ 11.84)
27014921

Edelweiss Fin. Ser
91.55 (+ 0.21)
21813575

Standard Capital
0.38 ( 0.00)
20296518

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Search result for 'refineries'

Nuberg Targets 25% Revenue from Renewable Fuel in 3 Years

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