Forex-starved Sri Lanka runs out of cash to buy fuel

Sri Lankan government on Monday admitted that it has run out of cash to buy fuel as pumps in most filling stations across the country have run dry, exacerbating the deepening foreign-exchange......

India Needs A National Security Strategy

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global......

India's biggest companies, Indian Oil Corp tops

Like the rest of the world, it's the oil companies that are dominating the Fortune 500 entries from India in 2013.  Government-owned Indian Oil topped the list of eight companies from India at......

India will sell 10% stake in top state-run refiner Indian Oil Corp

India will sell a 10% stake in top state-run refiner Indian Oil Corp Ltd  on Monday through a stock market auction, the government said, as part of its drive to raise funds by selling off......

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.......