New Delhi [India], October 12 (ANI): The Cabinet on Wednesday approved the proposal of the ministry of petroleum & natural gas to give one-time grant of Rs22,000 crore to three state-run oil marketing companies (OMCs) for the losses incurred in domestic LPG business.

Ahmedabad (Gujarat) [India], August 29 (ANI/BusinessWire India): The present population of India is more than 1.3 billion and uses approximately 295 million vehicles on the road. The need to keep a social distance during this post-Covid era has increased the demand for personal vehicles in many folds. Small families also prefer owning a car rather than opting for public transport. But the sky-rocketing price of fossil fuels in India is becoming a deal-breaker in many cases. People eagerly look for a substitute and are gradually inclining toward electric vehicles (EVs). People already owning a vehicle who is on the verge of changing the same are also holding their buying decisions to switch to an electric vehicle.

New Delhi [India], May 11 (ANI): Government-run oil marketing companies - Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) - have entered into a long-term purchase agreement for upcoming dedicated ethanol plants across India, the Ministry of Petroleum & Natural Gas said on Wednesday.

Bengaluru (Karnataka) [India], March 28 (ANI/BusinessWire India): SparkCognition, a global leader in artificial intelligence (AI) software solutions perfected for business, is pleased to announce it has signed a definitive agreement to acquire Integration Wizards, a leader in visual AI.

Guwahati Mar 23 PTI The Assam Cabinet on Wednesday sanctioned Rs 375 crore for participating in the bidding to take over assets of closed units of the Central PSU Hindustan Paper Corporation Limited HPCL at three places of the state - Nagaon Cachar and Haflong a minister said The weekly cabinet meeting chaired by Chief Minister Himanta Biswa Sarma also approved the draft notification for delineation and recognition of nine animal corridors to the south of Kaziranga National Park It also gave its nod to certain amendments to be made in Acts that will ease the recruitment process The Cabinet decided to sanction Rs 375 crore for participation in the bidding for taking over all assets of Nagaon Paper Mill Cachar Paper Mill and the leasehold land of the HPC at Haflong Water Resources Minister and government spokesperson Pijush Hazarika told reporters after the meeting Cachar Paper Mill at Panchgram in Hailakandi district is non-functional since October 2015 while the Nagaon Paper Mill at Jagiroad in Morigaon district is shut since March 2017 Since the closure of the two mills at least 95 employees died including four allegedly taking their own lives primarily due to lack of proper treatment as they did not receive salaries or dues for around five years according to the unions As per an agreement reached between the Assam government and unions in September last year the state will acquire the assets of the two closed mills and provide a relief package of Rs 570 crore to its employees This cabinet decision will benefit around 1100 families of HPCL workers in Assam Hazarika said The Cabinet also decided to scrap several redundant laws PTI DG NN NN

Srinagar (Jammu and Kashmir) [India], November 18 (ANI): The first batch of Army HPCL Kashmir Super 50 (Medical) that includes 20 girl students who will undergo 12-month coaching for entrance examinations to various medical academic courses, was on Thursday inaugurated by Lt Gen D P Pandey, GoC Chinar Corps.