Reliance Industries inks shipping deal with Mitsui OSK Lines
Billionaire Mukesh Ambani-run Reliance Industries Ltd (RIL) on Thursday sealed a long-term agreement with Japan’s biggest shipping company Mitsui OSK Lines for transportation of liquefied ethane from North America to the Gujarat coast. Mitsui will manage six very large ships for carrying... read more »
Snapdeal partners with India Post to help artisans sell products online to ...
E-marketplace operator, Snapdeal.com launched a pilot with India Post to set-up facilitation desks at Varanasi post offices to enable local weavers sell through its platform thus providing access to millions of Indians who aspire to own traditional Banarasi weaves. Through this association, weavers... read more »
Gold steady at Rs 27,000 on scattered buying; silver recovers
Gold prices on Wednesday held steady at Rs 27,000 per ten gram at the bullion market in the national capital on scattered buying by retailers. However, silver recovered by Rs 150 to Rs 36,500 per kg on increased offtake by industrial units and coin makers. Traders said scattered buying by... read more »
Coal India, GAIL to invest Rs 9000 cr in Talcher plant
Coal India Ltd, the world’s largest producer, and state gas utiltity GAIL India Ltd today signed agreements to invest Rs 9,000 crore in a plant to convert coal into gas and use this fuel to manufacture fertiliser. CIL and GAIL along with Rashtriya Chemicals and Fertilizers (RCF) and... read more »
