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Tuesday, Nov 24, 2009
 
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Switch to dual fuel next yr24-NOV-09
The switch to dual fuel for vehicles, consisting of hydrogen and CNG, will happen by next year.
RIL may make firm bid for LyondellBasell in Feb23-NOV-09
Reliance Industries (RIL) may make a firm bid to acquire bankrupt chemicals and fuel maker LyondellBasell Industries AF in February 2010 after $20 billion of debt owned by the troubled firm is restructured.
RIL may fuel India Inc's overseas M&A drive23-NOV-09
With signs of green shoots showing in economies worldwide, India Inc’s appetite for overseas acquisitions got a fresh lease of life with Reliance Industries’ estimated $10-12 billion offer for a controlling interest in bankrupt LyondellBasell Industries.
Domestic fuel consumption jumps 12%21-NOV-09
India’s fuel consumption rose 12 per cent in October, the highest growth rate this financial year, on the back of a surge in demand for auto fuels — petrol and diesel.
Domestic fuel consumption jumps 12% in Oct20-NOV-09
India's fuel consumption soared 12 per cent in October, the highest growth rate this fiscal, on back of a surge in demand for auto fuels — petrol and diesel.
No immediate plans to hike fuel prices: Govt19-NOV-09
The government has no immediate plans to raise petrol and diesel prices even though raw material costs have surged to their highest level this year, Petroleum Secretary R S Pandey said today.
L&T sells fuel dispenser biz to US firm for Rs 150 crore18-NOV-09
Larsen and Toubro (L&T), the engineering and construction giant, is selling its petroleum dispensing pump (PDP) business to US company Gilbarco Veeder-Root. Sources said the deal would be valued around Rs 150 crore.
Torrent Power cuts fuel surcharge by 1 paise18-NOV-09
Torrent Power, the private sector power company that distributes power to Ahmedabad, Gandhinagar and Surat has reduced fuel surcharge by only 1 paise per unit.
FUEL for thought18-NOV-09
A student finds the entrance test to an engineering college a never-to-be-forgotten struggle. Most others would simply grumble. Not Kedar Deshpande. He turned the problem into an opportunity, producing a primer for fellow sufferers — a sort of “all you want to know about…” booklet containing the low-down on engineering colleges and their entrance tests.
IT ind revival by 2010; APAc to fuel growth: Gartner17-NOV-09
The information technology industry is ending its worst year ever with the worldwide IT spending expected to decline 5.2 per cent in 2009, IT research and advisory firm Gartner said.
IOC losing Rs 92 cr daily on fuel sales17-NOV-09
State-run Indian Oil Corp (IOC) is losing Rs 92 crore per day on sale of petrol, diesel, domestic LPG and kerosene as government has not allowed it to revise rates in line with firming international oil prices.
Woman power fuels Scooty16-NOV-09
An award-winning marketing scheme that trains women to ride two-wheelers helps TVS ramp up sales.
RAPS-5 likely to be commissioned soon15-NOV-09
The newly constructed Rajasthan Atomic Power Station's unit 5 (RAPS-5) of 220 Mw located at Rawatbhata, which has come under the fold of international safeguards, is likely to be commissioned soon.
PSU oil firms hike ATF prices by 2.4%15-NOV-09
For the second time this month, state-owned oil firms today hiked jet fuel prices, this time by 2.4 per cent following a spurt in international oil rates.
Global energy use to fall in 2009: IEA11-NOV-09
The International Energy Agency (IEA) said in its WEO 2009 publication that the projected global demand was lower than in last year's report, reflecting the impact of the economic crisis.
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