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Tag "India’s oil import"

Government may mull over M&As to reduce India’s oil import

Government may mull over M&As to reduce India’s oil import

🕔11:41, 22.May 2019

Mumbai, May 22  A High-Level Committee (HLC) formed by the government on Tuesday submitted its recommendations to reduce import dependency to Petroleum and Natural Gas Minister Dharmendra Pradhan. According to an official statement, the reports “looked into merger, acquisition and

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IDBI Bank opens processing in 3 cities for Iran trade

IDBI Bank opens processing in 3 cities for Iran trade

🕔11:03, 29.Apr 2019

New Delhi, April 29  Amid uncertainty over India’s oil import possibilities from Iran after May 2 when the waivers to US sanctions on Iran are withdrawn, state run IDBI Bank has stepped-up efforts in this direction by creating Iran trade

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