Try GOLD - Free
Saudi Aramco Looks to Invest in Oil PSUs
Financial Express Kochi
|March 28, 2025
Eyeing a Deal
SAUDI ARAMCO is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market, sources with direct knowledge of the matter said.
India, the world's third-biggest oil consumer and importer, wants to become a global refining hub as Western companies cut crude processing capacity in their shift to cleaner fuels.
This story is from the March 28, 2025 edition of Financial Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kochi
Financial Express Kochi
Automakers face an ‘EV winter’ in 2026 as sales growth slows
GROWTH IN GLOBAL sales of electric vehicles is expected to slow this year as China winds down some subsidies, Europe wavers on its phaseout of combustion engines, and US producers and policymakers make a U-turn from the segment.
2 mins
January 07, 2026
Financial Express Kochi
MFI credit going south, stressed assets shrink
CREDIT TO THE microfinance sector declined sequentially for the sixth consecutive quarter and registered a 9.3% year-on-year fall in the first half of FY26.
1 min
January 07, 2026
Financial Express Kochi
FMCG volumes may rise 5% in early 2026
· Demand uptick likely on macro boost: Worldpanel
1 min
January 07, 2026
Financial Express Kochi
SIR 2.0 draft rolls: 13% electors deleted in 9 states and 3 UTs
ATOTAL OF 65.6 million electors, or nearly 13% of the registered voters, in nine states and three Union Territories have been deleted from the draft rolls in the second round of the Election Commission’s Special Intensive Revision (SIR) of electoral rolls — an increase from the 8.3% deletions seen in the first round of SIR in Bihar last year.
2 mins
January 07, 2026
Financial Express Kochi
RBI may cap bank dividends at 75% of PAT
THE RESERVE BANK of India (RBI) on Tuesday proposed norms for dividends by banks by capping the payout to shareholders at 75% of their net profit.
1 min
January 07, 2026
Financial Express Kochi
...eyes Nexon EV turf with 3XO model
MAHINDRA ON TUESDAY launched the XUV 3XO EV, priced from ₹13.89 lakh (exshowroom), positioning it directly against the segment-leading Tata Nexon EV.
1 min
January 07, 2026
Financial Express Kochi
Senior Cong leader, sports administrator Kalmadi dies
CONGRESS VETERAN AND former Union minister Suresh Kalmadi, known for a multifaceted career that intertwined politics and sports administration, passed away in Pune on Tuesday following a prolonged illness at the age of 81, family sources said.
1 min
January 07, 2026
Financial Express Kochi
Godrej Consumer sees demand pick-up in Q3
GODREJ CONSUMER PRODUCTS said on Tuesday demand conditions improved during the third quarter, following a temporary sales disruption due to the government's sweeping tax cuts.
1 min
January 07, 2026
Financial Express Kochi
Life insurers see rise in PAT, premiums; ITC loss may lead to margin pressure
LIFE INSURERS ARE expected to report a mixed performance in the third quarter.
2 mins
January 07, 2026
Financial Express Kochi
CCI finds JSW, Tata Steel, SAIL guilty of collusion
· Probe also holds top execs liable; steel giants may face steep fines
1 mins
January 07, 2026
Listen
Translate
Change font size