India, a major Asian oil importer, wants global crude oil prices to stabilise at current levels.
International Coal Ventures Ltd is unlikely to undertake the revival of seven abandoned coal mines offered in New South Wales, Australia.
The commissioning of proposed thermal power plants in Bihar, entailing an investment of Rs 50,000 crore, could be delayed.
Yash Birla group firm Birla Power Solution is expanding its product portfolio and will increase production capacity.
Oil Sector Officers Association is increasingly getting isolated with executives from IOC, HPCL, EIL and OIL deciding against joining the stir.
Cracks appeared in the joint indefinite strike call given by executives of oil sector PSUs with officers of HPCL opting out of the agitation.
B C Jindal Group on Friday announced its foray into the power space with plans of investing over Rs 20,000 crore to produce 5,000 MW in the next five years.
By 2030 around 60 million Indians could still be without power, the International Energy Agency said.
BHEL said it would invest Rs 1,000 cr in its Tiruchi plant in the current fiscal to increase boiler capacity.
Govt has hiked the prices of petrol and diesel for the first time in 20 months to curb losses of public sector oil companies.
Faced with opposition from within UPA coalition, Govt has put-off till at least next week a decision on raising fuel prices.
State-run ONGC said it is in talks with London-based Hindujas for jointly developing a Rs 24,000-25,000 crore refinery at Kakinada in Andhra Pradesh.
