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Don’t miss the latest developments in business and finance.
Tube Investments of India acquires 50% stake in X2Fuels and Energy
The acquisition would be by subscribing to 10,753 equity shares for a total consideration of Rs 6.15 crore
Alternative fuel start-up Buyofuel raises Rs 11.5 cr in series A funding
The funds raised will be put towards expanding the company's services across geographies, development of product offerings as well as technology
The state-level political dynamics behind the windfall tax on fuel exports
Gujarat has the highest percentage of private oil pumps at 24%, followed by Rajasthan at 14.5%; the former will elect a new legislative assembly by this December, the latter, a year later
7 out of 9 neighbouring nations charge less for petrol than India
Among the neighbouring countries, China (Rs 116 per litre) and Nepal (Rs 124 per litre) had a higher price.
Investors in fossil fuels announce plans to divest $39.2 trillion
About 1,500 investment institutions overseeing a combined $39.2 trillion of assets are now committed to divesting from fossil fuels
Petrol, diesel prices unchanged; here are the prices in your city today
In New Delhi, petrol is selling at Rs 101.84 per litre. In Mumbai, the price stands at Rs 107.83
Govt brings forward by two years 20% ethanol blend to gasoline
The government will bring forward to 2023 from 2025 the possibility of fuel companies selling gasoline containing up to 20% of ethanol (E20)
It's time to think beyond fuel
With fuel retailing evolving rapidly, possibilities are many if retailers are willing to innovate
