IOCL, BPCL joint venture discovers light crude oil in Abu Dhabi's Onshore Block 1; Hardeep Puri hails breakthrough

Jan 14, 2026

In a boost for India's energy footprint, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Wednesday announced the discovery of light...

Fitch downgrades Future Retail to restricted default on DDE

May 01, 2021

Mumbai (Maharashtra) [India], May 1 : Fitch Ratings has downgraded Future Retail Ltd's (FRL's) long-term issuer default rating to 'restricted default' from 'distressed' following...

L&T bags major order for hydrocarbon onshore business from BPCL

Dec 23, 2025

L&T considers any order size between Rs 5,000 crore and Rs 10,000 as a "major" order.

S&P downgrades Future Retail to SD on restructuring of onshore debt

Apr 29, 2021

Singapore, April 29 : S&P Global Ratings on Thursday downgraded Future Retail to selective default (SD) on restructuring of onshore debt but kept the...

1 killed, dozen missing after explosion hits apartment block in island of Jersey

Dec 10, 2022

The explosion took place in the early hours of Saturday with residents claiming that fire crews were called hours before the blast due to...

Amid SVB-led crisis, India plans to onshore innovations to Gujarat's GIFT City

Mar 21, 2023

As Silicon Valley Bank-led crisis in the US banking system and contagion effect on some others in a matter of just a week arose,...