Indian state refiners considering to reduce May Saudi oil imports
Wed, Mar 17, 2021 6:30 AM

Indian state refiners considering to reduce May Saudi oil imports

A Flip by Flipitnews
Get it on Google Play
Indian state refiners eyeing to reduce oil imports from Saudi Arabia by about a quarter in May compared to average monthly purchases. It came after the government asked refiners to reduce dependence on Middle Eastern supplies. Indian Oil Corp, Bharat Petroleum Corp., Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd are preparing to lift about 10.8 million barrels in May.

More great flips

This waste management company partners with High Grade Farms, Inc

This waste management company partners with High Grade Farms, Inc

The technology being developed and jointly tested will create an opportunity to deploy containerised photobioreactor-based wastewater treatment solutions for industries and communities. High Grade Farms, Inc. (HGF) a Canadian company with innovative algae-based wastewater treatment technology, and Organic Recycling Systems Ltd (ORS), an Indian engineering firm specializing in waste conversion.

Open Flip
Technical Breakout Stocks: How to trade SBI, Hitachi Energy & Aditya Birla

Technical Breakout Stocks: How to trade SBI, Hitachi Energy & Aditya Birla

The Indian market closed in the green for the fifth consecutive day on Thursday, tracking positive global cues.The S&P BSE Sensex rallied nearly 500 points, while the Nifty50 closed above 22,500 levels.Sectorally, buying was seen in auto, power, healthcare, metals, and public sector stocks, while selling was witnessed in realty and consumer durable space.

Open Flip
KKR to buy $1.64 billion student housing portfolio

KKR to buy $1.64 billion student housing portfolio

Private equity firm KKR has agreed to buy a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust for about $1.64 billion, the companies said on Thursday. The over 10,000-bed portfolio comprises 19 student housing assets located in 14 four-year public universities across 10 states. "This transaction is an excellent outcome for BREIT's investors.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon