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SAIL, Ispat, Essar lower prices
Three domestic steel companies - Steel Authority of India (SAIL), Essar Steel and Ispat Industries- .... |
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Oil slips as margins come under pressure
Oil marketing PSUs like Indian Oil, Bharat Petroleum, Hindustan Petroleum and IBP have all declared .... |
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Energy panel to review ONGC mishap, suggest preventive steps
The high powered Energy coordination Committee (ECC), chaired by PM Manmohan Singh, is likely to mee.... |
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Oil falls after hitting new heigh
OIL prices fell from a record high on Wednesday after a US government report showed near-record crud.... |
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Fuel prices are expected to rise in the next few months
Fuel bill is only set to increase over the next few months as global supply faces a critical situati.... |
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Jindal Steel enhances Orissa plant
Jindal Steel and Power Ltd signed a memorandum of understanding with the Orissa government to set up.... |
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Coal India focus on power generation
Coal India Ltd (CIL) is looking at the prospect of setting up a joint venture power plant in partner.... |
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HPCL to invest Rs 18,000-cr refinery at Vizag
Hindustan Petroleum Corporation (HPCL) plans to invest Rs 18,000-crore for building a 15mt export-or.... |
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Oil prices up
Oil prices scaled higher in Asian trading on Friday. At 9.30am (0130GMT), New Yorks main contract, l.... |
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RIL demerger scheme
RELIANCE INDUSTRIES LTD. has filed the demerger scheme in the Bombay High Court, seeking approval. M.... |
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Oil Product rises up 13%
The Countrys domestic sales of oil products rose 13 per cent in August, the biggest rise in 15 month.... |
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COPPER, ZINC, RADIATE AS STORM BRIGHTENS FUND BUYING
Copper prices sprung around 1.8% on Tuesday on notional fund buying as the market anxiously eyed an.... |
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Hindalco plans expansion by issuing Rs. 2500cr
The Aditya Birla Groups Hindalco Industries declared to raise around Rs. 2500 crore through the issu.... |
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OPEC RESTORES CONFIDENCE ON SUPPLY SECURITY
OPEC has agreed on a deal on Tuesday by reassuring consumer countries about energy supply securit.... |
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OVL VENTURES IN CUBAN BLOCKS
ONGC VIDESH (OVL), the overseas right arm of Oil and Natural Gas Corporation (ONGC), has obtained 30.... |
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1bn hiked by IOC from petro chemical venture
Refining and marketing major IOC grossed $1bn in revenues through new business initiatives in 05 , c.... |
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Price freeze in Lanka hits IOC arm
Srilankan government follows Indias footsteps to deal with high oil prices. In srilanks, retail pri.... |
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Steel production climbs the ladder of success
After months of lower growth the production of steel has picked up pace. IISI (International Iron an.... |
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Steel production climbs the ladder of success
After months of lower growth the production of steel has picked up pace. IISI (International Iron an.... |
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Refineries face LPG deficit
Reliance Industries Ltd. shuts a part of its refinery because of which a short fall in LPG for next.... |
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Bina Refinery gets 15 - year Tax time lag
BPCL faces 15 year tax delay worth Rs 250 crore per year from Madhya Pradesh government for its six.... |
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IOC expands its existing refinery
Indian Oil corporation has asked for more land to expand its existing refinery at Haldia. IOC chairm.... |
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Kochi Refineries Ltd. to be modernized
Koch Refineries will shortly launched a single buoy mooring and shore tank farm for reducing transpo.... |
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Hindalco Industry to invest in aluminum capacity
Rs 12,000 crone to be invested in aluminia capacity and also to set up new facilities by Hindalco In.... |
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Ferro - chrome plant in South Africa to have an investment of 300 crore
Tattoo Steel will initiate construction of its ferro-chrome plant in South Africa in December.Plant .... |
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Drilling for CBM started recently at Moonidh mine
In Jharkhand drilling for coal-bed methane commenced recently IN Jharia coal fields of Bharat Coking.... |
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Sartomer Company released new book on Polyurethane Concepts
Sartometer Company has released Polyurethane Concepts,Volume2 ,a 16-page ,colour,technical booklet w.... |
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Allegheny Technologies to develop Production Capabilities of different alloys
Allegheny has announced an expansion of its premieum-melt nickel-based alloy,super alloy,and special.... |
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Local mining demands fair allocation of iron ore
Mining companies are demanding that they should be treated on par with the steel companies for fair .... |
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NCDEX seeks approval for furnace oil futures
National Commodity and Derivatives has sought permission from the Forward Markets to launch futures .... |
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Oil Prices fall as US demand slows
Oil slid to its lowest level in 2 months on Thursday as US drivers finally eased off the Gas and the.... |
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OVL should remain With ONGC
An oil ministry status paper has called for hiving off OVL ,the overseas arm of ONGC ,for better rea.... |
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Gold scintillates at 20-year high
Real price of gold has declined internationally by 50% since 1983. Yellow metal priced at Rs 6,950 .... |
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Copper prices pass the $4,000 mark on the LME
Copper prices have crossed $ 4,000 tonne mark for cash contracts and look set to cross $3,0000 per t.... |
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Price of the exotic white metal -platinum close to a 25-year peak
Price of exotic white metal -platinum gets a new shine ,that closes in on 25-year high. Prices of al.... |
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Ryerson Ltd to augment steel processing capacity
Tata Ryerson Ltd, a joint venture company of the US recently announced its plan to augment steel pr.... |
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National Aluminium Company Ltd establishes Alumina plant
NALCO has expressed interest in setting up alumina project in Andhra Pradesh Subject to the state c.... |
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Magnum Steel Ltd to establish plant in Chhatisgarh
Construction and Alloy steel maker,Magnum Steel Ltd, plans to set up a Rs 212-crore Greenfield wire .... |
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Castrol India introduced an array of new products
Castrol India has introduced an array of new products based on its new, Liquid Engineering theme. Li.... |
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Suppliers to return to Vietnam for the second International Machine Tools and Pr..
Vendors and suppliers in the networking and precision engineering industries will be returning to .... |
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Cabinets to take decision regarding HZL sell off
With expert opinion against offloading residual stake held by the government in Hindustan Zinc (HZL).... |
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SPEL Semiconductor to collaborate with semiconductor design
SPEL Semiconductor, integrated circuit (IC) assembly and Test Company, plans to enter into semicon.... |
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Ashlin Enterprises introduces Positive displacement sensors
Ashlin Enterprises has launched Positive displacement flow sensors that can be used for applicatio.... |
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Malaysian Palm oil hits 2-month low with fall in US soya oil
Malaysian crude palm oil futures dived a two- month low on Monday, breaking key support as the mar.... |
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Nalco and Hindalco hiked aluminium prices
While domestic steel prices would remain unchanged in December,the non-ferrous metals consumer will .... |
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Metals ranked the apex level on LME
Metals were largely steady during pre-market trading on the London Metal Exchange (LME), pausing af.... |
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HCL to solicit governments stake dilution through public offering
Hindustan Copper (HCL) ,the only integrated copper producer in India, will ask the government to con.... |
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Government to exit Balco by giving up 49%
The government plans to exit Bharat Aluminium Company (Balco) if Sterlite industries, the majority s.... |
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L & T takes ONGCs Rs. 1300-crore offshore project
Larsen & Tourbo Limited (L & T) has secured a Rs. 1300-crore turnkey order from Oil and Natural Gas .... |
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Nalco raises product prices
State-owned aluminium major Nalco was up on Monday after news that the company has raised product pr.... |
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