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India BPCL

India’s BPCL starts rupee payments for Iran oil

Indian state-run refiner makes its first rupee payment for Iran oil; Payment, equivalent to $482.19 mln, in settlement of last year's imports; Other Indian refiners expected to follow suit this week or the next

June 19, 2012 5:25
 
Iranian-bank

Iranian bank halts guarantees for India imports

Iran's Bank Parsian has stopped issuing payment guarantees for Iranian importers who buy Indian goods, because its account that was set up to skirt Western sanctions does not have the necessary funds in rupees.

June 12, 2012 5:43
 
Jindal-SAW-Ltd

Iraq, India’s Jindal sign pipeline factory deal

Iraq has awarded Indian steel production firm Jindal SAW Ltd. a $198 million contract to build and operate a factory for manufacturing oil and gas pipelines in the south, a senior investment official said on Monday.

June 11, 2012 5:44
 
SpiceJet Says Approached By Gulf, Asian Carriers

SpiceJet Says Approached By Gulf, Asian Carriers

India's Spicejet has been approached by several Gulf-based and Southeast Asian airlines but will not jump into negotiations until the government reaches a crucial decision on foreign investment, its chief executive said on Wednesday.

April 19, 2012 9:43
 
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