Ministry of Petroleum and Natural Gas simplifies the guidelines for grant of authorization for bulk and retail marketing of petrol and diesel

The Ministry of petroleum and Natural Gasvide  Resolution dated 08.11.2019 has simplified the guidelines for grant of authorization for bulk and retail marketing of Motor Spirit (Petrol) and High Speed Diesel (Diesel).  The simplified guidelines aim at increasing private sector participation in the marketing of MS and HSD.  An entity desirous of seeking authorization for either … Read more

Om Metals along with Veerprabhu Marketing forms SPV

Om Metals Infraprojects along with Veerprabhu Marketing has formed an SPV namely Sidh Logistics thereby making an investment of Rs 50,000 divided into 5000 shares of Rs 10 each. The said SPV shall be engaged in the development, operation and maintenance of Silos for storage of Wheat at Surat on DBFOT Basis under PPP mode … Read more

Birla Corporation gets nod to start test marketing of construction chemicals, additives

Birla Corporation has received an approved for proposal to start test marketing of construction chemicals and additives to extend the M.P. Birla franchise. The new products belong to the construction industry and falls under construction chemicals and additives category. New products have business synergy with the company’s existing cement business and will be sold through … Read more

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