Page-15 of CNX Nifty
RIL warns of KG-D6 shutdown, govt shows CAG’s red card
The tussle b/w Reliance Industries and the petroleum ministry over the future of India’s significant gas acreage reached to a full blown confrontation. Reliance and its partner BP have indicated the shutdown of the country’s biggest gas discovery- KG-D6 in ..
Month: Current Affairs - July, 2012
India extends energy & mining sector support to Cuba
India extended its proficiency and support to Cuba in energy and mining sectors. Minister of State for Commerce and Industry assured this to Cuba. Indian companies can engage in Cuba through investment in exploration, production, refining and marketing. Recently, the ..
Month: Current Affairs - July, 2012
IOC, RIL figure in Fortune’s top 100
· 8 Indian companies appear in the list of world’s 500 largest companies by Fortune magazine. · Among those 8 companies, 5 are state-run · Indian Oil Corp and Reliance Industries Limited stand among the top 100. · Indian Oil, ..
Month: Current Affairs - July, 2012
Assam gives awards to ‘Best Performing’ PSUs
It is for the first time that Assam has awarded three of its “best performing” state level public sector undertakings (PSUs) The initiative is aimed at boosting performances of its companies. The three state PSUs that have been awarded are: ..
Month: Current Affairs - July, 2012
L&T acquires Henikwon Corporation
Engineering giant Larsen & Toubro (L&T) acquired Malaysia-based electrical equipment manufacturer Henikwon Corporation. The acquisition was made by L&T’s wholly-owned subsidiary Tamco Switchgear, a part of the engineering major’s electrical and automation (E&A) business. Henikwon Corporation manufactures low and medium ..
Month: Current Affairs - July, 2012
Maruti Suzuki India Ltd to merge with Suzuki Powertrain India Ltd
Maruti Suzuki India Ltd and Suzuki Powertrain India Ltd have decided to enter into a merger. The merger will assist them manufacture and meet the mounting demand for diesel vehicles Suzuki Powertrain is a 30:70 ratio joint business enterprise between ..
Month: Current Affairs - June, 2012