BP, ONGC tie up for projects in India, abroad

[ad_1] NEW DELHI: Flagship explorer ONGC and British energy major BP plc on Monday signed a framework MoU (Memorandum of Understanding) to explore partnerships in oil and gas projects in India and internationally, giving a much-needed leg-up for India’s pitch for investments at the India Energy Week beginning here on Tuesday. The MoU comes within…

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‘We should not focus on day-to-day Re volatility’: RBI Governor Sanjay Malhotra

[ad_1] MUMBAI: RBI has broken its silence on exchange rate movements, with governor Sanjay Malhotra saying the central bank will “ensure orderliness and stability without compromising market efficiency”.Economists and forex dealers speculate that RBI’s stance may have shifted with the arrival of Malhotra, as the sharp fall in the rupee’s value coincided with his appointment….

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Britannia looks to hike prices by 4.5%

[ad_1] BENGALURU: Britannia Industries plans to increase prices by about 4.5% by the end of the fiscal year, the company said during its post-earnings investor call on Friday. The company raised prices by 2% in the third quarter, which added Rs 100 crore to the revenues in the quarter.The company reported consolidated revenue from operations…

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