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Airlines to import jet fuel directly soon, says Civil Aviation Minister Ajit Singh
Feb 7, 3:56 pm
New Delhi, Feb.7 (ANI): Union Civil Aviation Minister Ajit Singh on Tuesday said that airline companies will soon be allowed to import jet fuel directly. Singh made the announcement after a meeting of the Group of Ministers. He said that the Union Cabinet is likely to take a final view on the issue as soon as direct import of Aviation Turbine Fuel is given the go ahead. The Group of Ministers has also approved the financial restructuring package for national carrier Air India. The GoM agreed to allow Air
India to raise resources by issuing bonds or other means. Minister of Commerce Anand Sharma, Planning Commission Deputy Chairman Montek Singh Ahluwalia, Oil Minister S Jaipal Reddy, Finance Minister Pranab Mukherjee and Aviation Minister Ajit Singh were present at the meeting. (ANI)
RIL-BP make gas discovery in KG-D6 block
May 25, 6:05 pm
Mumbai, May 25 (ANI): Reliance Industries Limited (RIL) has announced a huge natural gas discovery in the flagging eastern offshore KG-D6 block which would help in arresting falling output.
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News Corp. Board approved company's split into two public traded entities
May 25, 5:11 pm
London, May 25 (ANI): News Corporation Board has approved the split of its company into two publicly traded entities putting a step forward in separating its entertainment businesses from the publishing division.
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Japan's ORIX announces capital participation in major Mongolian financial firm
May 25, 1:40 pm
Tokyo, May 25 (ANI): Orix Corporation, a leading integrated financial services group of Japan, has announced its decision to foray into the Mongolian financial services business through an alliance with TenGer Financial Group (TFG), a major Mongolian financial group.
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China planning to give private businesses larger role in economy
May 25, 12:32 pm
Washington, May 25 (ANI): China is planning to give a larger role to private businesses and market forces in its economy.
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