PMO has asked petroleum ministry to consider linking petrol and diesel prices to the market when it finalises a cut in pump prices later this week.
The Greater Noida airport project gets a breather as a group of ministers (GoM) is expected to take up the issue on January 20.
Top officials in PSUs may roll as agencies have found involvement of senior PSU officials in supporting the ongoing strike. India Inc on crossroads | More on strike
Petroleum minister Murli Deora said the government may slash retail prices of petrol and diesel in the next 2-3 weeks.
The government is working on a bailout package to prevent its three blue chip oil companies-Indian Oil, Bharat Petroleum and Hindustan Petroleum-from closing 2008-09 in the red.
The petroleum ministry has repealed the law requiring mandatory doping of colour (marker) with kerosene from Thursday.
OVL's 1,250 pence per share offer values the entire deal at around £1.4 billion or approximately $2.1 billion at the prevailing exchange rates.
After a gap of almost five months Ministry of Petroleum & Natural Gas (MoPNG) has finally appointed a regular joint secretary in its exploration division.
OVL may pick up even less than 90% valid sale offers to acquire management control of Imperial, if 90% condition is not met. World's largest refining companies
ONGC Videsh has decided to go ahead with the acquisition of the UK-listed Imperial Energy. World's largest refining companies | World's top 10 oil producers
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