Business

India and US may seal a large crude oil supply deal during the visit of President Donald Trump later this month, with diplomatic sources indicating that American oil companies are coming with offers to make it attractive for Indian firms to increase oil imports from US despite long distance and high freight. ...

The state-run Energy Efficiency Services Limited (EESL) has entered into a Memorandum of Understanding (MoU) with the Bharat Sanchar Nigam Limited (BSNL) for installation of public charging stations to boost e-mobility adoption across India. ...

Vodafone Idea scrips on Tuesday plunged over 16 per cent to trade below Rs 3 a stock after India Ratings downgraded its rating on non-convertible debentures of Rs 3,500 crore citing stress on the company's near-term liquidity post the Supreme Court's ruling....

Indian Overseas Bank will approach Reserve Bank of India for withdrawal of PCA (prompt corrective action) framework once it starts making net profits even though the lender has already met the key criteria of below 6 per cent net NPA to be out of the restrictions, IOB MD & CEO Karnam Sekar has said....