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State-owned fuel firms wary as India opens up oil retail market

New Delhi, Nov. 12 -- In a significant move last month, the National Democratic Alliance (NDA) government opened up the fuel retail market by lowering the entry barrier. The Cabinet Committee on Econ... Read More


Masdar's $150 mn investment values Hero Future at $750 mn

New Delhi, Nov. 11 -- Masdar, also known as the Abu Dhabi Future Energy Co., has acquired around 20% in Hero Future Energies Pvt. Ltd (HFE) for $150 million, valuing the Indian renewable firm at $750 ... Read More


UAE's Masdar invests $150 million in Hero Future Energies

New Delhi, Nov. 11 -- In what will rank among the largest deals in the India's clean energy space, United Arab Emirates' Masdar (Abu Dhabi Future Energy Company) has acquired around 20% stake in Munja... Read More


Ayodhya verdict will have limited impact on Bihar's political landscape: RJD

New Delhi, Nov. 10 -- Shivanand Tiwari, Rashtriya Janata Dal vice-president, said the Supreme Court verdict on Ayodhya "will have no or limited impact on the political landscape of Bihar". "The Supre... Read More


Russia's Rosatom keen on partnering Indian companies to work on nuclear reactors

New Delhi, Nov. 8 -- Russia's Rosatom State Atomic Energy Corp is interested in partnering Indian companies to work on small- and medium-sized nuclear reactors, according to a top company executive. ... Read More


Govt exploring supply of nuclear reactors to Africa

New Delhi, Nov. 8 -- As part of India's strategy to expand its footprint in Africa, the National Democratic Alliance (NDA) government is exploring supply of small nuclear power reactors to electricity... Read More


Rebates that states offer industrialists benefit neither party, says Modi

New Delhi, Nov. 7 -- Prime Minister Narendra Modi on Thursday said the competition among states to offer discounts and concessions to industrialists hasn't benefitted either the states or the industri... Read More


Strategic Rohtang Tunnel nearing completion: PM Modi

New Delhi, Nov. 7 -- In what would help provide year-round access to border regions, the work on the strategic 8.8 km-long Rohtang Tunnel is nearing completion. Speaking at the Himachal Global Investo... Read More


Smog fears power blackout risk in North India

New Delhi, Nov. 5 -- Thick smog, an annual phenomenon in northern India due to burning of husk by farmers in the states of Punjab and Haryana combined with pollution has again put the region at risk o... Read More


Smog may trigger power blackouts in northern India

New Delhi, Nov. 5 -- Thick smog, now an annual phenomenon in northern India due to burning of husk by farmers in the states of Punjab and Haryana, combined with pollution has exposed the region to the... Read More