Oil & gas
India may import 8 mn barrels of Iraq oil to build stockpile
20 Mar 2015
The government is preparing to import eight million barrels of Iraq oil to fill its new concept of a strategic petroleum reserve (SPR), taking advantage of cheap oil prices
India set to build first strategic oil reserve: report
18 Mar 2015
India, which had approved a $330 million (£228million) budget to cover the filling of its first emergency tanks this year, is now reported to be buying up to 8 million barrels of crude
Cairn files dispute notice over India’s Rs10,000-cr tax demand
11 Mar 2015
The tax demand relates to transactions carried out to reorganise Cairn's structure to prepare for Cairn India Ltd's stock market flotation in 2007
Sun Pharma’s Dilip Shanghvi pips Mukesh Ambani to become richest Indian
05 Mar 2015
Dilip Shanghvi, who is also the world’s richest pharmaceutical billionaire, added $4.5 billion to his fortune this year, making him fourth-wealthiest in Asia and 37th in the world
