China lauds India's 'great efforts' to help Lanka, says S Asia its priority

China on Wednesday praised India for making "great efforts" to help Colombo to tide over its worst financial crisis even as it refuted Sri Lankan President Gotabaya Rajapaksa's remarks that Beijing......

8 bn rubles of Indian oil firms stuck in Russia

As much as 8 billion rubles (about Rs 1,000 crore) of dividend income belonging to Indian oil firms is stuck in Russia after the Putin administration clamped down on dollar repatriation, officials......

ONGC, Oil India to buy 10% stake in Indian Oil Corp

State-owned ONGC and Oil India Ltd (OIL) are likely to buy a 10 per cent stake in Indian Oil Corp (IOC) from the government at Rs 220 per share, aggregating about Rs 5,300 crore (Rs 53 billion). An......

5 Indian oil cos may face US sanctions

The US administration has named India's oil and gas flagship ONGC and Indian Oil Corp among the 41 firms worldwide having energy ties with Iran, an act for which it may impose sanctions on them.......

IndianOil top bidder for Reliance's KG gas for 2nd auction in a row

Indian Oil Corporation (IOC), the nation's largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of......