Tag: reliance industries

Reliance Industries has resumed Russian oil imports from non-sanctioned suppliers and routing them to its Jamnagar refinery. (Reuters)
Posted in Business

Reliance Industries resumes Russian oil imports to feed Jamnagar refinery| Business News

Reliance Industries Ltd. has resumed Russian oil imports, sourcing barrels from non-sanctioned suppliers and routing them to its Jamnagar refinery in Gujarat, according to people…

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Posted in Economy

Investment pledges surge, jute and tea sectors under strain in West Bengal

Record investment pledges and a renewed push on infrastructure and technology marked 2025 for West Bengal’s economy, even as legacy sectors such as jute and…

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Posted in Economy

India imports more Russian crude, but mix of buyers shifts

India’s crude oil imports from Russia are on track to climb to a six-month high in December as the world’s third-biggest buyer defies U.S. sanctions…

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VC Lightspeed joins race for stake in cloud infra startup Neysa
Posted in Startups

VC Lightspeed joins race for stake in cloud infra startup Neysa

Venture capital firm Lightspeed has entered the fray to pick up a stake in cloud infrastructure startup Neysa, joining Japanese investor SoftBank and private equity…

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Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners
Posted in Startups

Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners

Petcare startup Supertails is in talks to raise $15-20 million in a round led by Singapore-based consumer focussed investment firm Venturi Partners, people familiar with…

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Posted in Economy

India begins anti-dumping probe on Polyester Textured Yarn exports from China

India has begun an anti-dumping investigation on imports of Polyester Textured Yarn (PTY) originating in or exported from China, based on an application filed by…

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Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India, on Saturday, April 20, 2024. (Bloomberg)
Posted in Business

Jio Platforms IPO valuation seen at a record $170 billion by investment bankers| Business News

Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of…

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Reliance Industries, which operates the world's largest refinery in Jamnagar, Gujarat, has a long-term deal to buy nearly 500,000 barrels per day of crude oil from Rosneft. (Reuters)
Posted in Business

Reliance Industries says will abide by Europe, US sanctions on Russia| Business News

Reliance Industries, India’s biggest importer of Russian crude oil, will abide by western sanctions against Moscow, while maintaining its relationship with its current supplies. Reliance…

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Russia oil
Posted in Economy

India to tighten Moscow oil tap after US sanctions

New Delhi: Indian refiners are preparing to sharply cut Russian oil imports and seek alternatives after the US imposed sanctions on the latter’s top oil…

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India imported 1.7 million barrels per day of Russian crude in the first nine months of 2025—that's 34% of total oil imports. (Reuters)
Posted in Business

India set to curtail Russian oil imports after new US sanctions on Rosneft, Lukoil: Report| Business News

India is set to curtail its Russian oil imports to comply with new US sanctions on two top Moscow-backed producers, Reuters reported on Thursday citing…

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