India Business

ONGC Videsh wins two exploration blocks in Brazil

New Delhi, Nov 28: Oil and Natural Gas Corporation Limited’s wholly-owned subsidiary ONGC Videsh has bagged two blocks in Brazil, namely deepwater Block 470 in the highly prospective Espirito Santo basin and shallow water Block 1413 in another highly prospective Santos basin, amid stiff competition from International companies.

Earlier, Agência Nacional do Petróleo (ANP), the regulatory agency of Brazil, had announced the opening of Brazil Round 9, in which, 271 blocks, distributed among nine basins, totalling almost 73,000 km² in deepwater, shallow water and onshore were on offer.

Tata, Mittal, Nooyi Among World’s 25 Biz Heads

Indra NooyiNew York: Fortune, a global business magazine, has named Rattan Tata, India’s top bu

International Conference on Disaster Reduction 2007 to begin today

Mumbai, Nov 28: The third Annual International Conference on Disaster Reduction (ICDR) 2007 will begin here today.

GAIL India Wins Marketing Rights

Nirma All Set To Buy US-Based Searles Valley Minerals

NirmaMumbai: Nirma Ltd is ready to purchase US-based Searles Valley Minerals Inc.

JSW All Set To Invest Rs. 7,525 Cr In Tamil Nadu

Sajjan JindalChennai: JSW Group is all set to invest Rs.

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