India expects global oil majors to team up with investment funds that are already in the race for the nation’s biggest asset sale state-owned refiner Bharat Petroleum Corp. “When the price bidding comes up, I am hopeful some of the major players will come through this fund route,” Oil Minister Dharmendra Pradhan said in an interview with Bloomberg Television on Thursday. Billionaire Anil Agarwal’s Vedanta group has confirmed it submitted an initial bid for Bharat Petroleum, while newspaper reports have said two U.S. funds Apollo Global and I Squared Capital have also shown interest.
India, the world's third biggest oil importer and consumer, on Tuesday complained that recent output cuts by some OPEC nations had created uncertainty for customers and led to a surge in prices.
The government has decided to observe January 23 as Parakram Diwas to commemorate the birth anniversary of Netaji Subhas Chandra Bose, Union minister Prahlad Singh Patel said on Tuesday. Prime Minister Narendra Modi will participate in the first Parakram Diwas programme in Kolkata on January 23 on Bose s 125th birth anniversary and inaugurate an exhibition on the grounds of National Library to mark the occasion, Patel said. Patel said PM Modi will also felicitate prominent members of the Indian National Army formed by Bose and their family members in Kolkata on Saturday. He said 200 Patua artistes from West Bengal will make a painting on a 400-metre-long canvas depicting Bose s life.
Parakram Diwas: Netaji Subhas Chandra Bose's birth anniversary will be observed as 'Parakram Diwas' or Courage Day. Prime Minister Narendra Modi is expected to participate in the first 'Parakram Diwas' event in Kolkata.
Top news of June 11 | India, China share interests far better than differences: Chinese Consul General
Twitter Is Buzzing With News Alerts From India And Rest Of The World. Here Are The Latest Updates From The Micro-blogging Site In One Scroll
News Nation Bureau | Edited By : Ranpreet Kaur | Updated on: 11 Jun 2017, 11:34:32 PM
New Delhi:
Twitter is buzzing with news alerts from India and rest of the world. Here are the latest updates from the micro-blogging site in one scroll:
#11:16 PM
J&K: Three police personnel and a CRPF SI injured after a grenade attack on a CRPF camp in Srinagar s Saraf Kadal - ANI