Govt gets Rs 6,665 cr dividend from BPCL for FY21
The government bagged a final dividend of Rs 6,665 cr from BPCL for FY21. The government is selling its entire 52.98 per cent stake in BPCL.
India Pistons Limited
Company limited by shares (2) 1044+ employeesIndia Pistons Limited Overview
INDIA HO
ChennaiCOMPANY SIZE
1864+ employeesCIN
U35999TN1949PLC000951CATEGORY
Company limited by sharesSUB-CATEGORY
Indian Non-Government CompanyWEBSITE
www.indiapistons.comFOUNDED
30 Jul,1949PAID-UP CAPITAL
165,000,000AUTHORISED CAPITAL
325,000,000ACCREDIT
ISO 9001India Pistons Limited in News
Mother-in-law residing with her son-in-law is “legal representative” under MV Act: SC
A bench of Justices S A Nazeer and Krishna Murari said it is not uncommon in Indian society for the mother-in-law to live with her daughter and son-in-law during her old age and be dependent upon her son-in-law for her maintenance. ''Mother-in-law herein may not be a legal heir of the deceased, but she certainly suffered on account of his death.
Get to Net Zero By 2060, India
India argues that given its economy is still growing, reducing net emissions to zero or near-zero does not make sense and that it only helps rich nations most responsible for the warming of the planet to shirk their responsibility.
India to bargain for undelivered cargoes for renewing LNG import contract with Qatar
Petronet LNG Ltd's 7.5 million tonnes a year liquefied natural gas (LNG) import deal with Qatargas is ending in 2028. Renewal, if any, has to be confirmed 5 years ahead of that.
India won’t commit to ‘net zero’ goal at COP26
Though India is not against ‘net zero’ goal per se, the country will not commit to the 2050 timeline. It will strongly underline its demand for the developed world sticking to the principle of common but differentiated responsibility and the need to deliver on climate change mitigation finance.
US car sharing co Zipcar drives into Bengaluru
Zipcar’s Bengaluru centre underscores tech disruptions centered around reinventing car ownership. Ride-hailing app Uber too is expanding its engineering team in India -- it wants to hire 250 engineers across its Bengaluru and Hyderabad centres to take its total strength to 1,000 by this year-end.
Maintain existing taxes on fuel: IMF India’s ex-chief
Alfred Schipke, director, IMF-STI Regional Training Institute and former IMF India Mission chief, who led the 2021 assessment of India’s macroeconomic situation by the multilateral agency, told TOI that reducing fuel taxes in general disproportionately benefits higher-income households.
Qatar Energy says it is committed to being trusted supplier to India
But V. K. Mishra, head of finance at Petronet LNG Ltd, clarified on Thursday that his firm had deferred the lifting of 50 cargoes, using 'downward flexibilty' allowed in its long-term deal with Qatar.
Tesla lobbies Modi's office in India to slash taxes before it enters market
Tesla executives, including its head of policy in India, Manuj Khurana, took the company's demands to Modi's officials last month in a closed-door meeting, arguing that the taxes were too high, four sources familiar with the discussions said.
India plans refiners' joint oil deals to cut import bill
The world's third largest oil importer and consumer, India depends on imports for about 85% of its crude and buys most of it from Middle East producers.
Indian economy may face 'crude' shock as oil hurtles towards $90 per barrel
Rising crude oil prices may lead to a spike in inflation, pressure the rupee, hit government finances, raise the fiscal deficit and force RBI to tighten liquidity and raise rates.
China’s Dao EV Tech to produce 2Ws in India, plans export to America, Europe
The Chinese EV maker, formed by a group of investors from China, India and USA, opened bookings for its electric scooters in India on Thursday. Deliveries are scheduled for mid-January. After subsidies the scooter will cost INR 86,000 . The company plans to make India an export base and it will launch at least two new models every year, the company said.
High oil prices to hurt world economic recovery: India to OPEC
On Sunday, the price of petrol in Delhi rose to its highest-ever level of Rs 105.84 a litre and Rs 111.77 per litre in Mumbai, according to a price notification of state-owned fuel retailers.
EEPC plans chapters in tier II & III cities to boost engineering exports
The Engineering Export Promotion Council of India has decided to go deep in tier-II and III cities to encourage firms in the smaller towns to join the global value chain and production networks. "Our strategy is to create more engineering exporters by moving into smaller towns all over the country through the opening of EEPC India chapters," EEPC chairman Mahesh Desai said.
Sri Lanka seeks $500 mn loan from India for fuel purchase
The state-run Ceylon Petroleum Corporation (CPC) owes nearly USD 3.3 billion to the two main government banks -- Bank of Ceylon and People's Bank. The state oil distributors imports crude from the Middle East and refined products from other areas, including Singapore.
Kia India drives in Sonet anniversary edition at Rs 10.79 lakh
"The Sonet has been one of our breakthrough products that have contributed to Kia's success in India. With sales of more than one lakh units in less than a year, the Sonet has already established itself as one of India's highest-selling compact SUVs.
View: On the road to taking carbon emissions off the road
Under a business-as-usual scenario, the transport sector could be responsible for around 1.5 gigatons of annual carbon emissions by 2050.
Indian economy is recovering from COVID-19 crisis: World Bank President
Malpass said he went to India in late 2019 and saw the changes that were being made that were quite positive in terms of the banking system, the financial system, the civil service system, and ways that India was looking for ways to improve the clean water situation which is very important in India for child nutrition for improving nutrition.
India’s oil demand to rise 50% by 2030 against global expansion of 7%: Report
India’s oil consumption is forecast to rise from 4.8 million barrels per day (mbd) in 2019 to 7.2 mbd in 2030 and 9.2 mbd in 2050, as per the IEA’s key scenario based on stated policies. The projection shows the centrality of oil in the Indian economy over the next three decades and runs counter to BP’s forecast last year that estimated the country’s oil demand to peak in 2025.
India should take advantage of industry 4.0 technological revolution to catapult itself into a global manufacturing hub, says Navneet Kumar Sharma
Inaugurating the conference Yogesh Misra, president of DMA and Vice president, Thomas Assessments spoke about self-sufficiency and self-reliance and the essence of being Atmanirbhar in today's age while briefing the audience.
Directors of India Pistons Limited
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Vasundhara Dantu Krishnamurthy | Unlock to View | Unlock to View | Director | 26 Mar,2015 |
| Jayasankar Shivakumar | Unlock to View | Unlock to View | Director | 26 Mar,2015 |
| Gautam Venkataramani | Unlock to View | Unlock to View | Wholetime Director | 14 Mar,2012 |
| Srinivasaraghavan Sridharan | Unlock to View | Unlock to View | Director | 31 Aug,2011 |
| Sadagopachari Ramanujachari | Unlock to View | Unlock to View | Director | 19 Mar,2009 |
| Narayanaswamy Gowrishankar | Unlock to View | Unlock to View | Director | 23 May,2006 |
| Venkataramani Anantharamakrishnan | Unlock to View | Unlock to View | Director | 19 Dec,2005 |
| Mahadevan | Unlock to View | Unlock to View | Director | 05 Oct,1998 |
| Anantharamakrishnan Krishnamoorthy | Unlock to View | Unlock to View | Director | 18 Nov,1981 |
| Narayanaswami Venkataramani | Unlock to View | Unlock to View | Managing Director | 01 Oct,1975 |
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