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......

India Inc braces for fallout of Russia-Ukraine crisis

Stocks of Indian companies with exposure to Europe fell on Tuesday amid concerns about the impact on their sales in case the Russia-Ukraine crisis worsens and the US and its allies impose economic......

IOC renews deal to buy up to 2 MT of oil from Russia's Rosneft

Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in......

India seeks stake in Russian oil fields in oil quest

India on Tuesday pitched for a stake in vast oil and gas fields as well as LNG terminals in the frozen Arctic of Far East Russia as it looked to import more oil from the former Soviet republic as......