India's petroleum consumption growth nosedivesThe strong volume growth seen in India's petroleum consumption over the last two years has slowed.
Owners may evict petrol pumps to cash in on realty boom in big citiesLucrative real-estate projects may soon replace petrol pumps in big cities as land owners shy away from renewing their lease agreements wit...
Defence Ministry diktat on cutting fuel use by 40% stumps armed forcesThe defence ministry has asked the armed forces to reduce fuel use by 20-40% as the sharp increase in prices has upset budget calculations.
IOC pitches for a larger bulk deal as AirAsia gears up for India forayIndian oil firms see jet fuel sales taking off following the Jet-Etihad deal as well as the proposed launch of the AirAsia-Tata budget airl...
Dealer-owned-dealer-operated pump owners may migrate to private oil companiesThe war for the lucrative autofuel market in big cities is heating up, and state firms are facing an unprecedented challenge.
- State oil companies eye stake in new Kannur Airport
The airport is expected to have an annual traffic of more than 1 million international passengers and above 0.3 million domestic passengers.
- Business booms for labour laws outsourcing units
The expansion of telecom, insurance, banking and financial services cos and the near extinction of personnel managers have resulted in boom...
- From Russia with love: 4 new nuclear reactors
Relations between India and Russia experienced more than a thaw, on a range of interests encompassing nuclear trade, shared Af-Pak percepti...
- India, Russia signs nuke, defence pacts
The Singh-Medvedev meeting yielded a rich cache of agreements which included establishing a credit line of $100 million and a nuclear agree...
- Indian Oil faces claims from third parties as fire continues
In addition to the losses suffered due to the fire that has gutted its Jaipur depot, Indian Oil faces claims from third parties.
- BPCL slashes premium petrol & diesel prices
Bharat Petroleum Corp (BPCL) has slashed prices of its branded premium petrol and diesel with immediate effect that may force other oil mar...
- Doordarshan misses Olympian ad opportunity
The most expensive and hyped Olympics in history is barely 10 days away, but official broadcaster Doordarshan has not yet made any signific...
- Airlines delay payments to oil companies for fuel purchase
Indian airline companies are delaying payments to oil companies for fuel purchase as a soaring crude and an intense fight for passengers sa...