The Jamnagar complex was built in 2000 with a capacity of 0.67 million barrels per day. After upgrades in 2008, Jamnagar's crude processing capacity has more than doubled to 1.24 million bpd. Not only is Jamnagar the largest refinery hub in the world, it is also one of the most complex refineries globally, allowing RIL to process discounted heavier crude oil into oil products. … [Read more...] about Reliance’s partnership with Saudi Aramco not a retreat from energy business: Report
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In the US, the second-hand clothes market was worth $24 billion in 2018, whereas, the fast-fashion figures stood at $35 billion, as per the report. Some suggest that it has to do more with a rise in e-commerce as buyers are no longer required to hunt or rummage for used clothes only in thrift stores. … [Read more...] about Is used-fashion industry ready to take on the fast-fashion business in India?
The street has wide expectations from the Finance Minister Nirmala Sitharaman including restructuring in Securities Transaction Tax (STT), long-term capital gain tax, distribution tax, cut in personal income tax, positive measures to industries, schemes for rural market to boost consumption, large-scale disinvestments of PSUs, steps to implement the next phase of Direct Benefit Transfer (DBT) etc. Sector-specific goodies could also be on the cards for segments like agriculture, housing finance, auto, infra, realty etc. … [Read more...] about Market Week Ahead: 10 key things that will keep traders busy this week
Incorporated in 2003, Bharti Realty Ltd is a 100 per cent subsidiary of Bharti Enterprises. It aims to provide world-class developments in marquee locations. The company's offerings include a diversified product mix comprising commercial, retail and mixed-use developments. … [Read more...] about Bharti Realty ties up with Asthetic Township to build commercial project in Gurugram at Rs 350cr
The national carrier Air India celebrated the 71st Republic Day by distributing 30,000 Indian flags made of eco-friendly seed paper among its passengers at airports in metro cities and Srinagar on Sunday. The airlines also put up a big hoarding at the historic Lal Chowk in the heart of Srinagar to congratulate the people on Republic Day. … [Read more...] about Republic Day: Air India distributes 30000 national flags among its passengers