June 9: Prime Minister Narendra Modi on Friday addressed the annual summit of the Shanghai Cooperation Organisation (SCO) in Kazakhstan’s Astana.
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Arm ONGC Videsh to acquire stake in offshore Namibia block
Ovl through ONGC Videsh Vankorneft has signed a pact with Tullow Namibia ltd
Will acquire 15 % participating interest in Namibia petroleum exploration license
Financial Express Reports
Is one of the 5 shortlisted vehicle manufacturers selected by united state postal services
Will supply prototype delivery trucks got its postal service
Order expected to be for about 180,000 units
Also plans to launch SUVs from Koreas Ssangyong motor company
Financial Express Reports
Apple cuts iphone x retailers margin to 4.5%
Apple has reduced retailers margin by 30%
Co & BGR infra consortium win Talaipalli coal block mining order
Co, BGR infra consortium coal block order is worth Rs 25,070 Cr
Order to be executed over 25 years with annual revenue of 1000 Cr
SPV between NCC and BGR in the ratio of 51:49 to be formed
Coal production from this block expected to commence from 2019
Peak capacity of 18 mn tonnes to be achieved in 5th year of operation
Cuts prices of shampoo, air freshener, skin care products by 9%
Lower prices of some products by 9% to pass on GST rate cut