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Business Today honours business leaders of Tamil Nadu


Business Today honours business leaders of Tamil Nadu
Business Today Tamil Nadu Business Leaders of State Awards 2021: Hyundai Motor bagged the Biggest FDI Investment in Tamil Nadu, while Cheyyar SEZ Developers took away the Biggest Employer in Tamil Nadu award
BusinessToday.In | February 16, 2021 | Updated 18:34 IST
Business Today Tamil Nadu Business Leaders of State Awards 2021
Business Today honoured the business leaders in the state of Tamil Nadu on Tuesday. Chennai Petroleum Corp was awarded for their public sector investment at the Business Today Tamil Nadu Business Leaders of State Awards 2021, while MRF was awarded for its private investment. Hyundai Motor bagged the Biggest FDI Investment in Tamil Nadu, while Cheyyar SEZ Developers took away the Biggest Employer in Tamil Nadu award among many others. ....

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Cabinet gives approval to ONGC to buy govt's 51% stake in HPCL


Cabinet gives approval to ONGC to buy govt s 51% stake in HPCL
Cabinet gives approval to ONGC to buy govt s 51% stake in HPCL
The Cabinet On Wednesday Approved The Sale Of Government’s 51.11 Per Cent Stake In Oil Refiner HPCL To India’s Largest Oil Producer ONGC For A Potential Rs 26,000 Crore To Rs 30,000 Crore, A Top Source Said.
PTI
| Updated on: 20 Jul 2017, 08:46:55 AM
New Delhi:
The Cabinet on Wednesday approved sale of government’s 51.11 per cent stake in oil refiner HPCL to India’s largest oil producer ONGC for a potential Rs 26,000 crore to Rs 30,000 crore, a top source said. ....

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Aerospace and Defense and Aeronautics Fuel Market Booming Demand Leading To Exponential CAGR Growth By 2030 – KSU


tmrFebruary 1, 2021
Aerospace and Defense Fuel Market: Overview
The aerospace and defense fuel market may record a stable growth across the forecast period of 2019-2028 due to a plethora of factors, with the growing numbers of economical aircraft in the aviation industry being one of the prime factors. According to some statistics, air traffic may increase considerably across the forecast period barring the COVID-19 lockdown period.
The SARS-CoV-2 outbreak has disrupted the global aviation industry and has a direct impact on the growth rate of the aerospace and defense fuel market. The post-lockdown era may hopefully see the aerospace and defense fuel market on the greener side as international travel resumes when countries ease border restrictions. Meanwhile, the defense sector continues to boost the growth of the aerospace and defense fuel market as the demand for surveillance aircrafts increases. ....

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REFINERY NEWS ROUNDUP: Gasoline output up in India; Petron's Bataan plans temporary halt


REFINERY NEWS ROUNDUP: Gasoline output up in India; Petron’s Bataan plans temporary halt
India’s gasoline output climbed to a 14-month high in December, ending 2020 at pre-pandemic levels, as robust domestic demand spurred refiners to increase production of the motor fuel.
Gasoline production at the world’s third-largest energy consumer rose to 3.341 million mt in December, up marginally by 0.36% from the previous month, the latest data from the Petroleum Planning and Analysis Cell showed. December was the fourth straight month of increase in India’s gasoline production, the data showed. The rise in production comes amid strong domestic demand for gasoline, which has been backed by easing pandemic-related lockdowns as well as the resumption of driving activity over the fourth-quarter holiday season. ....

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