latest Market News

 To fund the acquisition of a 3% share in the Lower Zakum Concession, Offshore Abu Dhabi, Bharat Petroleum Corp. Ltd intends to raise $200 million   A consortium comprising state-owned Oil and Natural Gas Corp. Ltd (ONGC)’s overseas arm, Indian Oil Corp. Ltd (IOCL), ONGC Videsh Ltd (OVL), and Bharat Petroleum Corp. Ltd’s overseas arm Bharat PetroResources Ltd (BPRL) acquired a 10% stake in the ADNOC Group (Abu Dhabi...

  • Posted on : Thursday , 22nd February 2018
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 Atanu Chakraborty, director general, Directorate General of Hydrocarbons (DGH) said, by 2022, India will attract about $25 billion investments in oil and gas production and exploration.   India’s total oil and gas production was 65.1 million metric tonnes of oil and oil equivalent in 2016 and the DGH’s plans are in lines with the government’s vision to reduce the country’s import dependency in oil and gas by...

  • Posted on : Thursday , 22nd February 2018
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India is currently at a very important juncture today in its goal of achieving a “Digital India”. India today is very close to yet another industrial revolution with the disruptive nature of new technologies, now accepted and set to have a big impact on everyday lives, according to Prime Minister Narendra Modi, who spoke about the subject at the 22nd edition of the World Congress on Information Technology (WCIT) 2018, the first of...

  • Posted on : Thursday , 22nd February 2018
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 New Delhi: The Korean automaker Kia Motors may consider speeding up of Sales operations by some months in India as initially planned for Diwali next year. Targeting sales of 300,000 units annually, the company is planning to launch 3-4 models by 2021.  The key motive for speeding up the sales operations is due to the overwhelming response they received during a recent event, where they displayed 16 vehicles. Kia Motors local...

  • Posted on : Wednesday , 21st February 2018
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Many Industry Heavy-weights have given their full backing to the government’s move to double the funding for its Digital India program to Rs 3,073 crore. These funds will be put towards research and skilling in Robotics, Artificial Intelligence (AI) and Internet of Things (IoT), among others. Finance Minister, Arun Jaitley revealed that NITI Aayog will commence with a nation-wide program to better direct AI efforts, while the Department...

  • Posted on : Wednesday , 21st February 2018
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