Category : Search result: refinery expansion


Mittal's Indian refinery stops Russian oil imports

In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.

Cognizant Exploring India IPO Listing

Cognizant Technology Solutions is actively exploring an initial public offering (IPO) in India, marking a significant strategic move that could reshape its relationship with the massive Indian market where it employs over 250,000 professionals.

Varun Beverages surges 9% on Carlsberg Africa deal

PepsiCo's largest Indian bottler Varun Beverages sees massive stock surge after securing exclusive distribution rights for Carlsberg products across Africa, marking major international expansion.

MetaOptics US Expansion & 1.27mm Optics Breakthrough

Indian photonics pioneer MetaOptics announces major US expansion with Nevada incorporation and revolutionary 1.27mm co-packaged optics technology set to transform data centers and AI infrastructure.

Loyal Tours & Travels Opens New Dwarka Branch

Leading travel company Loyal Tours & Travels Pvt Ltd announces strategic expansion with new Dwarka branch, offering comprehensive travel solutions and personalized services to Delhi-NCR residents.

Emirates NBD Backs Indian Startups' Global Expansion

Dubai's banking giant Emirates NBD partners with UAE-India CEPA Council to launch groundbreaking initiative supporting Indian startups' international expansion through strategic funding and market access.

200-yr-old Amritsar banyan tree faces axe, activist fights back

A heritage banyan tree in Amritsar's Ranjit Avenue, believed to be over two centuries old, faces demolition for road expansion. Social activist Rohit Mehra leads the fight to preserve this natural monument that holds historical and environmental significa

RSS launches year-long nationwide outreach campaign

The Rashtriya Swayamsevak Sangh embarks on an ambitious year-long public engagement drive across India, aiming to strengthen organizational presence and connect with diverse communities through multiple outreach programs.

Oil India & BPCL Partner for Andhra Refinery Project

Oil India Limited and Bharat Petroleum Corporation Limited join forces to establish a groundbreaking greenfield refinery in Andhra Pradesh, marking a significant expansion in India's petroleum infrastructure.

Union Bank & Indian Bank Get RBI Nod for Overseas Merger

In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.

Huntington Bancshares Buys Cadence Bank in $7.4B Deal

Columbus-based Huntington Bancshares announces landmark $7.4 billion acquisition of Cadence Bank, creating a banking powerhouse with expanded Southern US footprint and enhanced digital capabilities.

Russian Oil Refineries Explode as Putin Rages Over Attacks

Multiple Russian oil facilities erupt in flames amid suspected Ukrainian strikes. Putin rages as energy infrastructure burns while Zelensky faces internal criticism. Hungary and Romania also report explosions in developing international crisis.

IndiGo Launches Mumbai-London Direct Flights

IndiGo launches historic Mumbai-London Gatwick direct flights, expanding international reach with competitive fares starting ₹36,999. Discover the new aviation bridge between India and UK.

Starlink picks Mumbai as India hub, leases first office

SpaceX's Starlink makes strategic entry into India, securing Mumbai office in Chandivali. The move signals intensified competition in India's burgeoning satellite internet market against Jio Satellite and Eutelsat.

India's Core Sector Grows 6.7%, Steel Surges 12.3%

India's eight core industries show robust 6.7% growth in December 2023, with steel production soaring 12.3% and electricity generation rising 8.4%. Discover how this momentum signals strong economic recovery.

BSE Small-Cap Firm Gets ₹25 Cr Bank Guarantee

Discover why a growing BSE-listed small-cap company secured a ₹25 crore corporate guarantee from Union Bank of India to fuel its expansion plans and strengthen market position.

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