Indian Oil unit to raise $100 million loan from DBS in first GIFT deal

An Indian Oil Corp’s unit has signed its first deal in GIFT City, Gandhinagar to raise a $100 million loan from DBS Bank Singapore, the country’s top refiner said in a statement on Tuesday.IOC Global Capital Management IFSC Limited (IGCMIL), the wholly owned unit of Indian Oil, will use the funds to refinance the parent’s existing external commercial borrowing.Through IGCML, the group aims to bring greater coherence and control to overseas investments, Indian Oil chairman Shrikant…
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Source: https://m.economictimes.com/industry/energy/oil-gas/indian-oil-unit-to-raise-100-million-loan-from-dbs-in-first-gift-deal/amp_articleshow/107268949.cms

Oil India Soars as Demand for Oil Increases

31 Jan 2024, 09:02:27 AM ISTOil India share price Today :Oil India trading at ₹429.5, up 3.88% from yesterday’s ₹413.45 The current data for Oil India stock price shows that it is trading at ₹429.5. There has been a percent change of 3.88, indicating an increase in the stock price. The net change is 16.05, which represents the actual increase in the stock price.
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Source: https://mintgenie.livemint.com/amp/news/markets/oil-india-share-price-live-blog-for-31-jan-2024-151706669466349

राजस्थान में घट सकते हैं पेट्रोल-डीजल के दाम: CM ने अफसरों से तैयारी को कहा; कितने कम हो सकते हैं रेट, कब ह… – Dainik Bhaskar

राजस्थान में घट सकते हैं पेट्रोल-डीजल के दाम: CM ने अफसरों से तैयारी को कहा; कितने कम हो सकते हैं रेट, कब ह…  Dainik Bhaskar
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Source: https://www.bhaskar.com/local/rajasthan/news/rajasthan-petrol-price-update-bhajan-lal-sharma-plan-for-fuel-price-relief-132521186.htmlR
https://www.bhaskar.com/amp/local/rajasthan/news/rajasthan-petrol-price-update-bhajan-lal-sharma-plan-for-fuel-price-relief-132521186.html

Cipla, HPCL among 5 stock ideas by MOSL with upside scope of up to 24% – Investment ideas

Bharat Petroleum Corporation. Share Price504.2004:02 PM | 30 Jan 202411.56(2.35%)Tata Motors. Share Price858.8504:02 PM | 30 Jan 202417.86(2.13%)Grasim Industries. Share Price2126.1504:02 PM | 30 Jan 202421.66(1.03%)Eicher Motors. Share Price3704.7504:02 PM | 30 Jan 202435.70(0.98%)Adani Enterprises. Share Price3091.1004:02 PM | 30 Jan 202426.45(0.87%)State Bank of India Share Price626.7504:02 PM | 30 Jan 20243.80(0.62%)Hindustan Unilever. Share Price2458.6504:02 PM | 30 Jan…
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Source: https://economictimes.indiatimes.com/markets/stocks/news/cipla-hpcl-among-5-stock-ideas-by-mosl-with-upside-scope-of-up-to-24/investment-ideas/slideshow/107266881.cms?from=mdr

ADNOC Gas expands Asian natural gas footprint with 10-year GAIL India LNG deal

(WO) – ADNOC Gas announced a 10-year agreement to supply 0.5 MMtpa of liquified natural gas (LNG) to GAIL India Limited, India’s leading natural gas company.


This agreement underscores ADNOC Gas’ growing global presence, particularly in the Asian LNG market and further reinforces the relationship between the UAE and India. This agreement follows several significant international LNG sales agreements, including those with Japan Petroleum Exploration Co.,…
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Source: https://www.worldoil.com/news/2024/1/30/adnoc-gas-expands-asian-natural-gas-footprint-with-10-year-gail-india-lng-deal/

Reliance Scales Fresh Life High; Biggest Move Since May 2022 | Probal Sen On ONGC & Reliance

Updated Jan 30, 2024 | 11:09 AM IST’In gas we are seeing that Kind of inventory built and the prospects of energy supply,existing plans show that supplies are going to be adequate,’ Probal Sen, VP Equity Research ICICI SECURITIES,#reliancestocks #reliance #relianceshares
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Source: https://www.etnownews.com/videos/reliance-scales-fresh-life-high-biggest-move-since-may-2022-probal-sen-on-ongc-reliance-video-107250686/amp

BPCL ties up 1 million tonnes of LNG from upcoming Mozambique LNG project 

State-run Bharat Petroleum Corporation (BPCL) has tied up a supply of 1 million tonnes (mt) of liquefied natural gas (LNG) from the upcoming $20-billion project in Mozambique, which is expected to commence operations by FY28.BPCL subsidiary Bharat PetroResources (BRPL) through its Netherlands-based step-down subsidiary BPRL Ventures Mozambique holds a 10 per cent participating interest (PI) in the LNG project. BRPL along with ONGC Videsh (OVL) and Oil India (OIL) hold a total of 30 per cent…
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Source: https://www.thehindubusinessline.com/companies/bpcl-ties-up-1-million-tonnes-of-lng-from-upcoming-mozambique-lng-project/article67793473.ece/amp/

Indian Oil unit to raise $100 million loan from DBS in first GIFT deal

An Indian Oil Corp’s unit has signed its first deal in GIFT City, Gandhinagar to raise a $100 million loan from DBS Bank Singapore, the country’s top refiner said in a statement on Tuesday.IOC Global Capital Management IFSC Limited (IGCMIL), the wholly owned unit of Indian Oil, will use the funds to refinance the parent’s existing external commercial borrowing.
Through IGCML, the group aims to bring greater coherence and control to overseas investments, Indian Oil chairman Shrikant…
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Source: https://b2bchief.com/indian-oil-unit-to-raise-100-million-loan-from-dbs-in-first-gift-deal/

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India’s steel majors seeking govt intervention to control raw materials prices | Commodities Corner

India’s Steel Majors Are Seeking Govt Intervention To Control Raw Materials Prices. Mills has flagged issues in the price discovery process of coking coal by international players and has reportedly asked the government to push for a “more realistic” price discovery mechanism. Steel makers,…
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Source: https://www.moneycontrol.com/