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Steelmakers Urge Government to Impose Temporary Tax to Curb Cheap Imports
India’s steelmakers have appealed to the government to urgently impose a temporary tax on cheap steel imports from China, Japan, and South Korea. The Indian Steel Association (ISA) has raised concerns about the rising influx of steel at predatory prices, which is severely affecting the domestic steel industry. The ISA, representing major steel producers like JSW Steel, Tata Steel, and Steel Authority of India, made this plea in a presentation to the Directorate General of Trade Remedies (DGTR), a division of the federal trade ministry. According to the ISA, steel mills in India are experienc..
Corporate Infotech bags 7-year IT infra contract from ONGC
Corporate Infotech (CIPL) has secured a significant seven-year contract worth Rs 98 crore from state-owned Oil and Natural Gas Corporation (ONGC) for overhauling the company’s IT infrastructure. Under the contract, CIPL will provide on-premise IT Infrastructure as a Service (IaaS) on a 'Pay-per-Use' basis, with the contract slated for execution until September 2031. The project aims to enhance ONGC’s IT hardware infrastructure, including its Corporate Infocom Data Centre (CIDC) in Delhi and disaster recovery site in Vadodara, Gujarat. As part of ONGC’s ongoing digital transformation jour..
TotalEnergies and Oil India sign pact on methane emissions detection
French energy giant TotalEnergies and state-owned Oil India Ltd (OIL) have signed a cooperation agreement to carry out methane emissions detection and measurement campaigns at OIL's sites. The collaboration will leverage TotalEnergies’ AUSEA technology, a pioneering gas analyzer mounted on a drone to detect methane and carbon dioxide emissions with unprecedented accuracy. AUSEA, developed by TotalEnergies and its research partners, features a dual-sensor system capable of identifying emissions and pinpointing their sources. This breakthrough technology is seen as a significant advancement in..
