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Reliance buys stake in blockchain startup focussed on commodity trading

TMT

24 December, 2018

Reliance buys stake in blockchain startup focussed on commodity trading

Energy-to-telecom conglomerate Reliance Industries Limited (RIL) has purchased an equity stake of 5.56% in UK-based blockchain startup Vakt Holdings Ltd ......

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Flashback 2018: Inside the Indian economy's year of extremes

Economy

24 December, 2018

Flashback 2018: Inside the Indian economy's year of extremes

For the Indian economy, the year gone by was defined by extremes. The stock markets rose to record highs by the ......

Sensex snaps losing run as financial, oil stocks fare well

Markets

17 July, 2018

Sensex snaps losing run as financial, oil stocks fare well

Indian shares snapped two straight sessions of losses on Tuesday, helped by gains in financial stocks such as ICICI Bank ......

Oil prices surge, raises spectre of inflation

General

13 December, 2016

Oil prices surge, raises spectre of inflation

World oil prices surged today after non-OPEC producers struck a deal to cut output, while Europe's main stock markets were ......

Rosneft-Essar deal: Has the Indian government effectively lent a helping hand to some banks?

General

18 October, 2016

Rosneft-Essar deal: Has the Indian government effectively lent a helping hand to some banks?

Last week, the Ruia family-controlled Essar Oil and the Russian government promoted oil and gas giant OJSC Rosneft announced that ......

ONGC, Swiber settle dispute over bank guarantee

Manufacturing

08 September, 2016

ONGC, Swiber settle dispute over bank guarantee

State-run Oil and Natural Gas Corporation (ONGC) and a local unit of Singapore’s Swiber Holdings Ltd have agreed to settle ......

BP sells 11.5% stake in Castrol India for $308 mn

Manufacturing

19 May, 2016

BP sells 11.5% stake in Castrol India for $308 mn

British energy giant BP Plc's wholly owned unit Castrol Ltd on Thursday sold an 11.5% stake in its Indian lubricants ......

NTPC developing battery to store solar power

Infrastructure

23 January, 2016

NTPC developing battery to store solar power

In what promises to be a game changer for India’s energy security efforts, state-owned NTPC Ltd is developing a battery ......