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Mangala oilfield output reaches 1 mn barrels
Cairn India, which began production from the world class Mangala oilfield in Rajasthan in late August, has reached 1 million barrels of oil output from the nation"s most prolofic onland field.

Ajit Ranade: The Coming Capital Famine
Ajit Ranade / January 26, 2010, 0:35 IST

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In talks with Nepal govt to break IOC supply monopoly
Essar Oil has approached the Nepal government for supplying petroleum products. If the proposal is accepted, it will break the monopoly of Indian Oil Corporation, which retails petroleum products in the land-locked country along with the Nepal Oil Corporation (NOC). Nepal is not a very big market and is estimated have an annual demand of 720,000 tonnes of diesel and 1,40,000 tonnes of petrol. Essar currently supplies only small quantities of fuel oil to Nepal.
International Business

New innings for Modi as GCA chief

After trouncing Congress by winning five out of seven seats in Gujarat by polls on Monday, BJP today surprised the rival by taking over the reins of Gujarat Cricket Association (GCA) from Congress. Gujarat chief minister Narendra Modi was elected as its president in the Annual General Meeting (AGM) of the body. - Assembly by-election wins boost BJP"s morale - Sinha describes austerity measures as tokenism - No provision of removing PAC chairman: Pranab - Aviation secy warns carriers against charging extra fares - DGCA tells airlines to maintain fares - HC notice to Jet, DGCA on foreign pilots Modi was elected the president at the AGM held at the Motera stadium here in Ahmedabad, while Gujarat minister of state for home Amit Shah was elected vice president of GCA. With this win in GCA, Modi has joined the league of BCCI chief Sharad Pawar and his own party leader Arun Jaitely, who is currently heading Delhi and District Cricket Association. Modi"s new innings marks his entry into cricket administration like other politicians. GCA was till now controlled by Congress leader Narhari Amin. But Modi"s Home Minister Amit Shah was engaged in long drawn political as well as legal battle since last one and half year for the control of cash rich GCA. Recently, the BJP had managed to win over the Central Board of Cricket of Ahmedabad (CBCA) which is a part of GCA from the Congress group, after which Amin had resigned. This declaration comes a day after the BJP swept the Assembly by-polls in the state by winning five seats out of seven.


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