New Delhi: Indian Oil and Bharat Petroleum Corp (BPCL) are both keen to acquire gas utility GAIL India to become fully integrated energy companies.

IOC and BPCL have separately indicated to the petroleum ministry their interest in taking over GAIL to help add natural gas transportation and marketing business to their kitty, official sources said. GAIL, on the other hand, feels a merger with oil and gas producer ONGC would be more appropriate.

The Indian Army troops planted explosives on Pakistani side to surprise the enemy during the 'mini surgical strike' it carried out on Monday.

According to the new details emerging from the last night's cross-border raids, the IED blasts were targeted for initial damage on the Pakistani side. It was followed by heavy firing by the Indian troops.

Actor Rajinikanth is all set to meet his fans for six days, beginning December 26, giving rise to expectations that he might finally announce his long expected political entry.

Rajinikanth, who has stridden the Tamil cine world like a colossus for the past four decades and enjoys almost a demigod-like status among his legion of followers, might make public his political entry during his address to fans.

After confirming that it is deliberately slowing down older iPhones to avoid the devices from shutting down owing to old batteries, Apple is now facing two class-action lawsuits from the iPhone users in the US.

Sulaiman Law Group, Ltd, which operates as Atlas Consumer Law, is representing several plaintiffs in a class-action complaint against Apple in Illinois.

Dozens of Indian securities officials descended on the homes of brokers and others on Friday in a widespread early morning raid in Mumbai, and possibly other cities, a regulatory source said.

The Securities and Exchange Board of India (SEBI) raids are a sign that a probe by the regulator is gathering steam. The investigation is looking into who was responsible for circulating prescient messages about major Indian companies' corporate announcements in social media chatrooms, according to the regulator.

IT services major Infosys on Saturday said it has completed its Rs 13,000 crore buyback programme that saw participation from Sudha Gopalakrishnan, Rohan Murty and LIC among others.

The buyback scheme - a first in the company's over three decade history commenced on November 30 and closed on December 14.

Private sector lender Yes Bank today said it has established a Medium Term Note programme to raise $1 billion (over 6,400 crore) by issuing debt securities on private placement basis. “…The Bank has, on December 22, 2017, established a Medium Term Note programme for an amount of $1 billion, in order to enable the bank to issue debt instruments in the international capital markets, to eligible investors, from time to time, in one or more tranches and/or series,” Yes Bank said in a regulatory filing.

Looking to ride the economic boom, Air Deccan will aim to stimulate air travel demand in smaller cities rather than compete with big players, its founder Captain G R Gopinath said today ahead of the launch of its maiden flight under the regional air connectivity scheme. Nearly a decade after bidding adieu to scheduled air services, Air Deccan would today start services on Mumbai-Jalgaon route.

Two days after a special court found the UPA telecom minister A Raja, DMK leader, and MP Kanimozhi were not guilty in the 2G spectrum case, the duo arrived in Chennai. The Chennai International Airport was swamped with DMK supporters with huge posters of Kanimozhi, A Raja along with DMK leader MK Stalin was seen at the venue.

The Bharatiya Janata Party (BJP) victory in Gujarat was largely based on the support it received in the urban areas. In rural areas, however, the Congress generally held sway. As a result, the urban-rural divide, or what has been called the gulf between “India” and “Bharat”, was quite prominent in the state.

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