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Diesel purchase: IOC vs Japan

Diesel purchase: IOC vs Japan

Indian Oil Corp (IOC) failed to award a tender to buy 120,000 tonnes of diesel for 1-3 April delivery as traders, expecting higher offers from quake-hit Japan, did not submit price bids.

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Low gas output hits supply

Low gas output hits supply

Consumers of natural gas from Reliance Industries’ D6 field are facing a pro-rata cut as production has declined to 50.5 mmscmd (million standard cubic meter per day) due to some technical problems in the KG-D6 block.

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Tadadi Port attracts 9 bidders

Tadadi Port attracts 9 bidders

Tadadi port has nine bidders that have already submitted their request for qualification (RFQ) to the government after the State Infrastructure Development Corporation (SIDC) proposed to build the port under Public Private Partnership (PPP).

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Kotak to float infra fund

Kotak to float infra fund

The Kotak Mahindra Group has plans to raise private equity funds of about $300 million from both domestic and international investors to invest in infrastructure projects in India.