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'Internet of Things' to transform air travel experience globally: Report

According to “The Future is Connected” report from SITA - the leading global IT provider to the air transport industry - 83 percent of passengers have smartphones and the unifying technology will provide a connected end-to-end experience.

Mar 10, 2016, 18:30 PM IST

Govt picks up the tab for ONGC, OIL Q4 fuel subsidy

The government has exempted oil producers ONGC and Oil India Ltd from payment of fuel subsidy in the fourth quarter after the finance ministry agreed to meet all of the revenue loss on fuel sales.

Apr 16, 2015, 18:31 PM IST

India seeks 2 million bbl May loading Basra oil for SPR

India has asked its biggest refiner IOC and another state refiner Hindustan Petroleum Corp. to buy two very large crude carriers each or 8 million barrels of Basra Light oil for the SPR at Vizag on the east coast.

Mar 24, 2015, 23:15 PM IST

ONGC disinvestment unlikely this fiscal

The disinvestment of 5 percent stake in state-run ONGC appears unlikely this fiscal as the liquidity situation in the market is under stress after recent mega share sales while the subsidy issue remains unresolved.

Feb 08, 2015, 12:52 PM IST