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Wednesday Motivation: 'Don’t wait for opportunity to knock. Build a door' by Milton BerleMilton Berle, known as 'Mr. Television', was a groundbreaking comedian. He began his career as a child actor and rose to fame in the late 1...- Indian Oil Corp slashes oil import tender time by halfIOC, the nation's largest oil firm, used to take 26 hours to decide on a tender for import of crude oil from spot or current market.
- GE Shipping to acquire Japan-built very large gas carrierIndia's largest private shipliner Great Eastern Shipping Company Ltd (GE Shipping) today said it has contracted to buy a Japan-built second...
- Oil PSUs get a free hand, can choose companies for crude buyThis will increase operational and commercial flexibility of oil companies and enable them to adopt the most effective procurement practice...
- Great Eastern Shipping commits $120 mn capex by 2018India's largest private shipliner Great Eastern Shipping, which owns a fleet of 31 vessels, has committed $120 million capex by 2018.
- Great Eastern Shipping to close down UK subsidiaryThe process of striking off of GESCO London from the Register is expected to be completed by the end of 2016, subject to necessary approval...
- GE Shipping Q1 net up 45% at Rs 324-cr on higher incomeGreat Eastern Shipping Company today reported a 45 per cent jump in its consolidated net profit to Rs 323.67 crore for the quarter ended Ju...
- Great Eastern Shipping arm incorporates Greatship OilfieldGreat Eastern Shipping today said its arm has incorporated a new wholly-owned subsidiary Greatship Oilfield Services Ltd.
- Singer-actress Monica Lewis dies at 93She died yesterday of natural causes at her apartment in Woodland Hills, California.
- Government expanding list of foreign firms to buy crude oilOf the imports, 80.51 million tons will be done on term contract and the remaining 19.09 million tons on spot tender basis.
- At $300 per couple, NRI franchisee serves breakfast of champagnes on Wall StreetThe Marwahs think $300 plus taxes (approximately Rs 20,000) is an affordable breakfast price for two in wealthy and weighty.
- Five of ten biggest ever bankruptices in current crisisWith General Motors's fall into bankruptcy on Monday, the current economic crisis has accounted for five out of the ten biggest ever bankru...
- Ecuador ordered to pay $1.6 bn to ChevronEcuador has been ordered to pay US oil giant Chevron 1.6 billion dollars by an international court in a long-standing dispute over alleged ...
- Brazil state oil company to pump Nigerian field in JulyBrazilian state oil company Petrobras will start pumping oil from a Nigerian field on July 21, company officials said Saturday.
- Essar Ship likely to merge oilfield services armEssar Oilfield Services (EOSL) focuses on offshore and onshore drilling activities and is considered by some industry analysts to be worth ...
- OVL to buyout Exxon Mobil stake in BrazilOVL to invest $ 820 mn to pick up 30 percent participating stake in Brazil’s oil field.
- Words worth in modern timesIndia Inc has an unpleasant and unwanted guest this summer - broken oral agreements.
- RIL to set up 1,000-mw Jamnagar power plantReliance Industries (RIL) is planning to set up the country’s first integrated gasification combined cycle (IGCC) plant in Jamnagar.
- Essar consolidates shipping, logistics under Cyprus armhe Essar group has restructured its shipping and logistics business under Essar Global (EGL).
- RBI permits hedging by oil firmsThe Reserve Bank of India has allowed Indian oil companies to protect themselves from the volatile international oil market by finally allo...
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