COMPANY NEWS
Oilmax Energy to spend ₹600 crore in developing its Assam fields.

Oilmax Energy to spend ₹600 crore in developing its Assam fields.

Oilmax Energy Pvt Ltd. will spend ₹600 crore ($75 million) over the next two-and-a-half years in developing the three oil and gas fields it owns in Assam, the company’s founder and Chairman... Full Story

BPCL commences pilot project for 7% ethanol blended diesel.

BPCL commences pilot project for 7% ethanol blended diesel.

State-run Bharat Petroleum Corporation (BPCL) and truck manufacturer Ashok Leyland have initiated a pilot programme to test the effectiveness of ED7 (Diesel blended with... Full Story

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Bajaj Finserv commits Rs. 5,000 crore investment in Maharashtra.

Bajaj Finserv commits Rs. 5,000 crore investment in Maharashtra.

Bajaj Finserv Ltd., one of India's leading and most diversified financial services groups, recently signed a Memorandum of Understanding (MoU) with... Full Story

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Dubai's builder Nakheel gets $4.6 billion funding for new waterfront projects.

Dubai's builder Nakheel gets $4.6 billion funding for new waterfront projects.

Dubai state developer Nakheel has secured 17 billion dirhams ($4.63 billion) in financing as the group behind the palm-shaped islands accelerates plans for new waterfront projects including... Full Story

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Essar to invest $4 bn in steel plant in Saudi Arabia in 3 years: Official.

Essar to invest $4 bn in steel plant in Saudi Arabia in 3 years: Official.

The Essar Group is looking to invest USD 4 billion in setting up an integrated flat steelworks plant in Saudi Arabia in the next three years, a senior company... Full Story

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