News zum Sektor Mischkonzerne aus Indien

 

Digital Connexion, a joint venture between Mukesh Ambani's Reliance Industries Ltd., Brookfield Asset Management Ltd. and Digital Realty Trust Inc. has signed a pact to invest $11 billion by 2030 for developing a data center in southern India, marking the latest investment in one of technology's fastest-growing arenas....

India's Reliance To Stop Processing Russian Oil At Giant Jamnagar Refinery India's Reliance Industries said it would stop processing Russian oil at part of its giant Jamnagar oil refinery as US sanctions force the company to shy away from dealings with Moscow, Bloomberg reported.   The export-focused part of the refinery took its last shipment of Russian crude on Thursday, the company said in statement adding that some purchases bought before the US put sanctions on Russia's two largest oil companies would discharge at another part of the facility. Starting Friday, four of Russia's top producers - accounting for as much as 80% of the country's exports to India - are under sanction, leaving counterparties at risk of secondary sanctions.  Reliance's plant at Jamnagar can process more than 1.4 million barrels a day of crude and in turn supply products to both the domestic market and overseas.  Jamnagar refinery at night In a sign that Trump's sanctions on Russian oil may finally be wor...

India's Reliance Industries Limited said it would stop processing Russian oil at part of its giant Jamnagar oil refinery as US sanctions force the company to shy away from dealings with Moscow....

The alternative investment management arm of the Bajaj Group, one of India's oldest conglomerates, hired a chief investment officer from Kotak Alternate Asset Managers Ltd, according to people familiar with the matter, underscoring an intensifying talent battle in the $169 billion asset management industry....

India has made its first-ever export of jet fuel to the US West Coast, supplying Chevron amidst refinery disruptions. A 60,000-metric-ton shipment departed from Reliance Industries' Jamnagar refinery....

India's top companies saw a significant market capitalization boost last week, with eight of the ten most valuable firms adding over Rs 2.05 lakh crore. Bharti Airtel and Reliance Industries led the surge, contributing substantially to the overall market recovery. Despite some declines, benchmark indices ended the week higher, driven by positive sentiment in key sectors....

Blackstone Inc. and SoftBank Group Corp. are in early talks to buy stakes in Neysa Networks Pvt., an Indian cloud infrastructure startup, according to people familiar with the matter....

US Sanctions Push Indian Refiners Away From Russian Crude By Charles Kennedy of OilPrice.com All but two Indian refiners have skipped placing orders for Russian crude for December after the U.S. sanctioned Russia's top oil producers, Rosneft and Lukoil, sources with knowledge of the purchases told Bloomberg on Tuesday.  India's refiners, which have come to rely on cheap Russian crude in the past three years, have withdrawn from the December purchasing window which typically closes by November 10.    Five large refiners, including state-owned Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), and Mangalore Refinery and Petrochemicals Limited (MRPL), and private firms Reliance Industries Ltd and HPCL-Mittal Energy Ltd, have not requested any Russian crude for December.  Combined, these five firms have imported two-thirds of all Russian crude oil into India year to date, according to Kpler data cited by Bloomberg.  Only India's biggest state-held...

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Reliance Industries Ltd. is seeking to sell some cargoes of Middle Eastern oil to domestic and international buyers, in an unusual move for the Indian refiner that's normally a major buyer....

India plans to significantly reduce direct imports of Russian crude from late November due to new US sanctions targeting Rosneft and Lukoil. Major refiners like Reliance Industries and state-controlled entities will halt purchases, leading to a sharp decline in December deliveries....

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Last year, Reliance Industries Ltd signed a deal with Russian major Rosneft to import nearly 500,000 barrels per day....

Reliance Industries is diversifying its crude oil sources, shifting away from Russian supplies following US sanctions on major Russian firms. The Indian giant has secured millions of barrels from the Middle East and the US, with shipments expected in December and January. This move signals a significant change in India's energy procurement strategy amidst global geopolitical shifts....

India's Reliance Industries Ltd. has bought millions of barrels of crude from the Middle East and US after Washington sanctioned two Russian producers, raising concerns about a disruption to oil flows....

India's state-run refiners will likely continue buying Russian crude via traders, sidestepping new US sanctions on Rosneft and Lukoil. These public sector units procure oil through independent European and Asian intermediaries, not directly from sanctioned entities. However, private giants like Reliance Industries, with direct contracts, may face sourcing challenges....

Indian's Reliance Industries Ltd. bought Middle Eastern crudes last week and may place more orders, in a sign that Western pressure against Russian flows may be starting to impact its procurement patterns....

Graphcore, the British chip designer owned by SoftBank Group Corp., is planning to announce a £1 billion ($1.3 billion) investment package in India that includes a new research hub....

Aerospace firm Honeywell also subject of US lawsuit from families of four passengers, who allege negligenceThe families of four passengers who died in the Air India crash in June have sued the aerospace manufacturers Boeing and Honeywell, blaming negligence and a faulty fuel cutoff switch for the disaster that killed 260 people.Air India flight 171 crashed shortly after takeoff from Ahmedabad en route to London on 12 June. Continue reading......

Families of Air India Flight AI171 crash victims are suing Boeing and Honeywell, alleging faulty fuel switches caused the disaster. The lawsuit claims the switches' design led to accidental activation, cutting engine power shortly after takeoff. Despite meeting regulatory requirements, the switches' placement is questioned, though experts deem accidental activation unlikely....