Essar Oil to ramp up retail fuel network to 1,500 fuel stations in FY’10

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The Ruias owned Essar Oil intends to ramp up its retail fuel network to 1,500 fuel stations in current fiscal from its present 1,244 outlets. On an average, company plans to set up 15-20 outlets every month in order to cross the 1,500 mark. The plan is part of company’s layout to set up 2,500 … Read more Essar Oil to ramp up retail fuel network to 1,500 fuel stations in FY’10

Future Generali – Silver + Gold + Platinum Motor vehicles policy plans

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Future Generali India has floated three different plans – Silver, Gold and Platinum to enhance protection covers for motor vehicles. These plans offer enhanced protection covers, seek to fill the gap in insurance protection in the existing standard motor insurance covers. Presently, under the standard motor insurance policy, in the event of a loss the … Read more Future Generali – Silver + Gold + Platinum Motor vehicles policy plans

Govt starts discussing BSNL IPO with DoT Employees Union

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Fast tracking the process of disinvestment in public sector enterprises, the government has initiated talks with the Department of Telecommunications (DoT) for disinvestment in BSNL and Telecommunications Consultants India (TCIL) in the current fiscal. Finance secretary Ashok Chawla had reportedly held a meeting with various ministries over disinvestment in certain companies and also about IPOs … Read more Govt starts discussing BSNL IPO with DoT Employees Union

Copper at 1-month high on economic data, positive earnings news

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Copper rose to a one-month high as the dollar weakened and upbeat US corporate and economic numbers spurred investor confidence that the global economy had passed the worst of its downturn. Copper for September delivery on the New York Mercantile Exchange’s COMEX division gained 9.30 cents, or 4%, to settle at $2.3920 a lb, after … Read more Copper at 1-month high on economic data, positive earnings news