Firms/companies
With GAIL locked in as CBM buyer, Essar Oil now eyes shale gas
06 Mar 2018
Essar Oil, which was finding it difficult to sell its coal-bed methane gas, is set to sign a deal with GAIL with an assured offtake for 15 years, and is now looking at shale gas extraction from its Rajiganj coalfields
With GAIL locked in as CBM buyer, Essar Oil now eyes shale gas
06 Mar 2018
Essar Oil, which was finding it difficult to sell its coal-bed methane gas, is set to sign a deal with GAIL with an assured offtake for 15 years, and is now looking at shale gas extraction from its Rajiganj coalfields
Railways to spend Rs10 lakh cr to connect cities via high-speed corridors
06 Mar 2018
High speed train corridors are new railway lines that will be built over national highways or on railway lands that are parallel to functioning railway routes, capable of running at about 200 kph, up from 55 to 112 km
RInfra issues Rs5,440-cr ‘breach of warranties’ notice to Pipavav Defence
06 Mar 2018
It is not yet clear what ‘breach of warranty’ Reliance Infrastructure is claiming against the promoters of Pipavav Defence and Engineering, but the Rs5,440-crore claim is double the amount it paid to acquire a stake in Pipavav Defence in 2015
Will dump Ruia if it interferes with Essar Steel bid: Numetal
05 Mar 2018
The consortium led by VTB Capital said it is prepared to drop Rewant Ruia as a minority shareholder if the government decides it is against the rules to allow promoters a backdoor entry into sick units. Senior VTB official Makram Addoud also said ArcelorMittal’s bid is illegal and it is acting as a ‘spoiler’
Will dump Ruia if it interferes with Essar Steel bid: Numetal
05 Mar 2018
The consortium led by VTB Capital said it is prepared to drop Rewant Ruia as a minority shareholder if the government decides it is against the rules to allow promoters a backdoor entry into sick units. Senior VTB official Makram Addoud also said ArcelorMittal’s bid is illegal and it is acting as a ‘spoiler’