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Fathoming the deeps

Fathoming the deeps

The meandering course of the Indian ports sector, the backbone of the country´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.

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Milestone Feat

Milestone Feat

AFCONS has carved a niche for the company by becoming the first Indian EPC contractor for installing a process platform for ONGC using float-over technology on time.

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ECU-LINE office in Malaysia

ECU-LINE office in Malaysia

ECU-LINE has announced the opening of its own offices in Malaysia at Port Klang and Penang, with operations staring from 2 May 2014. ECU-LINE is a global leader in NVOCC services and world's largest LCL service provider

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Bank Indonesia on revival

Bank Indonesia on revival

Bank Internasional Indonesia is reviving its operations in India under its new promoter, the Malaysia-based Maybank group. Commercial banking operations of the bank will resume with a capital of $28 million from its single-branch office in Mumbai with an initial focus on corporate banking.

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Bank Indonesia to revive India operations

Bank Indonesia to revive India operations

After a gap of nearly five years, Bank Internasional Indonesia is reviving its operations in India under its new promoter, the Malaysia-based Maybank group. Commercial banking operations of the bank will resume with a capital of $28 million from its single-branch office in Mumbai with an initial focus on corporate banking.

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ONGC Videsh plans to buy 11% stake in Petronas

ONGC Videsh plans to buy 11% stake in Petronas

To buy 11 per cent stake in an oil project in Venezuela, ONGC Videsh, the overseas arm of State-owned Oil & Natural Gas Corp (ONGC), and its partners OIL and IOC are planning. Petroliam Nasional Bhd, Malaysia's State-run oil company, has decided to withdraw from the Carabobo-I project following dispute over terms with Venezuela's state explorer Petroleos de Venezuela SA (PdVSA).

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IOC eyes stake in Canadian shale asset

IOC eyes stake in Canadian shale asset

Indian Oil Corp (IOC) may buy 10 percent stake in Canadian shale gas assets from Malaysia's Petronas, reports indicate. Both the firms are said to be holding discussion on this matter. It is learnt that both the firms are yet to work out the terms of a potential deal. Last year, state-run Petronas acquired Canada's Progress Energy Resources Corp in a C$5.2 billion ($4.92 billion) deal that gave it shale gas properties in north

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