Tag: Nayara Energy

Government seeks to identify 100 products in local manufacturing push

Business
NEW DELHI: To drive self-sufficiency, the commerce department is identifying 100-odd products for a local manufacturing push where domestic players depend on imports currently, a top official said Monday.The swadeshi initiative is expected...

UCO Bank gets approval to work with sanctioned refiner Nayara

Economy
Indian lender UCO Bank has received government approval to facilitate trade payments for Nayara Energy Ltd., according to people familiar with the matter, nearly two months after the refiner was sanctioned by the EU and...

Nayara Energy trade: Russia-backed refinery exports first gasoline shipment after EU sanctions; diesel shipment to follow

Business
Amid tightening international scrutiny, Russian-linked Indian refiner Nayara Energy has exported its first gasoline shipment since the European Union imposed sanctions...

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