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Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief executive officer (CEO) of the company. In a statement, the company said the appointment is effective......

Ambuja Cements-ACC deal likely to propel buyer to No. 2 position

The possible acquisition of Holcim India business will be one of the biggest inbound corporate deals in the country. Photograph: Rupak De Chowdhuri/Reuters Currently, Walmart Inc.’s......

Ambani forays into green energy biz; to invest Rs 75,000 cr

Reliance Industries Ltd on Thursday announced a Rs 75,000 crore investment in new energy business over the next three years as the operator of the world's largest oil refinery pivots towards a......

Vedanta confirms bidding for govt's stake in BPCL

Mining conglomerate Vedanta has put in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL), for which a major foreign player too is said......

How to get licence for selling petrol, diesel

Govt's move will facilitate entry of global giants such as Total SA of France, Saudi Arabia's Aramco, BP Plc of the UK, and Trafigura's downstream arm Puma Energy. The government on Tuesday said......

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