Oil & gas
Govt relaxes fuel retailing policy, opens market to non-oil firms
24 Oct 2019
The revised policy allows entities with minimum net worth of Rs250 crore to set up petrol pumps, but have to meet certain conditions such as setting up retail outlets in remote areas and facilitating sale of at least one new-generation alternative fuel
Temasek arm bids $3 billion for 30.55% of Keppel Corp
21 Oct 2019
Temasek directly owns 20.45 per cent in Keppel, and if successful, the partial offer will result in Temasek owning an aggregate 51 per cent in the struggling rig-maker
