Petramina, PetroVietnam approach ONGC for JV in NELP blocks
Leading oil companies, including Petramina of Indonesia and Vietnam's PetroVietnam have approached the Oil and Natural Gas Corporation for joining hands for some of the blocks awarded to it under the second round of the new exploration and licensing policy (NELP-II).

Bank of India discounted Rs 65-cr pay-orders on March 8, say RBI
In the wake of the pay-order scam, an inspection by the Reserve Bank of India (RBI) into the accounts of Bank of India's (BoI) BSE branch here has revealed that BoI had discounted pay-orders worth Rs 65 crore on March 8.

HSBC plans to underwrite life or non-life insurance business
After deciding to be an insurance broker and corporate agent for insurance companies, HSBC India has plans to underwrite life or non-life insurance business in the country, HSBC India chief executive officer Zarir Cama said.


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  Steel, Petroleum ministries divided overupward revision of gas ceiling