Negligence obliterated GAIL pipeline in AP

The petroleum ministry has blamed negligence for causing the devastating fire at state-owned gas transporter GAIL India Ltd's gas pipeline in Andhra Pradesh that killed 22 people. An inquiry......

Autos drive markets higher

After a lacklustre trading for most part of the day markets rebounded in late trades to end higher on Wednesday led by auto and financial shares.The 30-share Sensex ended up 75 points at 18,505 and......

PSUs lead the charge for BG stake in Gujarat Gas

The countdown for BG's stake sale in Gujarat Gas Company (GGCL) begins tomorrow. Three months after BG made its intention of divesting its stake clear, over half a dozen potential bidders are......

It's time for India to step on the gas

When Reliance Industries Ltd (RIL) started pumping natural gas from its D-6 block in the Krishna-Godavari (K-G) basin, in April 2009, there was little euphoria in the industry, beaten down by the......

IOC set to enter gas pipeline business

Cash-short oil marketing companiesof the government are now looking at newer ways of revenue generation, with Indian Oil Corporation deciding to join the race for the trunk gas pipeline business.......