JBF Petro lenders extend deadline to get better value

JBF Petro lenders extend deadline to get better value

Mumbai: Lenders to purified terephthalic acid (PTA) manufacturer JBF Petrochemicals have extended the deadline to submit financial bids for the company till the end of August, giving public sector companies more time to get approvals and make a bid for the company. The original deadline was August 20. Public sector companies and an ONGC-Indian Oil … Read more

Ukraine pushes Russian forces back, restricts gas flow to Europe

Ukraine pushes Russian forces back, restricts gas flow to Europe

Ukrainian forces reported battlefield gains on Wednesday in a counterattack that could signal a shift in the momentum of the war, while Kyiv shut gas flows on a route through Russian-held territory, raising the spectre of an energy crisis in Europe. Following days of advances north and east of the second largest city Kharkiv, Ukrainian … Read more