Tehran, (IANS) : National Iranian Oil Company (NIOC) and the Russian Tatneft signed a Memorandum of Understanding (MoU) here on Saturday for feasibility studies on development of Iran's Deholoran oil field, Iran's Petro-Energy Information Network (SHANA) reported....
Tehran, (IANS) : Iranian President Hassan Rouhani has invited Malaysian companies to invest in Iran's oil, gas and petrochemical industry, a media report said. Iran seeks an increase in economic ties with Malaysia and "it supports investments by Malaysian companies in...
Hyderabad, (IANS) : Nettlinx Ltd, the internet infrastructure company, has raised $3 million (Rs 20 crore) from strategic investors as part of its plans to venture into industrial space by acquiring some European firms. The Netherlands-based EXchange Investors NV and...
New Delhi, (IANS) : Deferring a decision on the foreign investment proposals of Idea Cellular and Flag Telecom, the Foreign Investment Promotion Board (FIPB) on Monday cleared 11 proposals entailing FDI inflow of over Rs 2,300 crore, an official source said. Of the 18...
New Delhi, (IANS) : Union Agriculture Minister Radha Mohan Singh on Thursday said that country's foodgrain production is estimated to rise by nine per cent to an all-time high of 135.03 million tonnes in the 2016-17 'kharif' (summer sowing) season with record output...
By Sujit Chakraborty, Agartala, (IANS) : India is a big player in Bangladesh, having already invested $3 billion in many projects and considering the infusion of another $11 billion, a top diplomat has said. Equally important, India Inc is investing an estimated $11...
Singapore, (IANS) : International rating agency Fitch Ratings on Monday said Indian Oil Corporation's (IOC) financial profile would "remain stable" even though the state-run oil marketing company (OMC) planned to invest Rs 1,700-Rs 1,800 billion over the next six...
Hyderabad, (IANS) : NewsDistill, a Hyderabad-based news aggregator app, on Friday said it has raised $1,00,000 seed fund from noted investors and technology leaders for examsion and product development to meet growing demand and is likely to raise an equal amount in a...
New Delhi, (IANS) : State-run explorer Oil and Natural Gas Corp (ONGC) has signed definitive agreements with Russian state-run oil major Rosneft OAO to purchase additional 11 per cent stake in JSC Vankorneft. "The daily production from the field is around 421,000...
Chennai, (IANS) : Credit rating agency Moody's Investors Service on Wednesday said the State Bank of India's (SBI) issuance of additional tier 1 (AT1), Basel III compliance securities would set the pricing benchmark for other issuers. Moody's said the SBI's issue...