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India

Promit Mukherjee

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

3:10pm IST

Two Indian renewable power producers plan to sell $750 million in domestic bonds: sources

MUMBAI/SINGAPORE Two of India's biggest renewable energy companies, Greenko Group PLC and ReNew Power Ventures Pte Ltd, plan to sell a combined $750 million worth of rupee-denominated bonds in the domestic market, three bankers told Reuters on Tuesday.

12:04am IST

Japan's Mitsui OSK targets 26 percent stake in Swan's Indian LNG unit

MUMBAI/NEW DELHI Japan's leading shipper Mitsui OSK Lines aims to buy at least a 26 percent stake in a floating storage regassification unit (FSRU) in India, a company official said, to boost its exposure in the west coast project of Swan Energy.

16 Sep 2017

JSW Steel aims to increase own iron ore production

MUMBAI JSW Steel Ltd, India's biggest local steelmaker, aims to be producing 80 percent of the iron ore needed for its flagship plant in south India in three years time as it seeks to cut costs, a senior executive said.

06 Sep 2017

Essar Oil UK to spend $250 million upgrading Stanlow refinery

NEW DELHI/MUMBAI Essar Oil UK expects a $250-milion upgrade of its Stanlow refinery in northwest England to improve its basic profit margin by $1 a barrel as it will be able to process a greater variety of cheaper crude oils and raise output, its chief executive said on Wednesday.

23 Aug 2017

Reliance to boost profit, naphtha exports by using ethane

MUMBAI/SINGAPORE India's Reliance Industries Ltd expects to increase operating profit and naphtha exports as it switches to cheaper ethane at its petrochemical projects, a company executive said on Wednesday.

21 Aug 2017

Rosneft seals first Asian refinery deal with Essar Oil purchase

MUMBAI Russian oil major Rosneft and partners closed their $12.9 billion purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users.

21 Aug 2017

India's Essar closes sale of refining arm to Rosneft led consortium

MUMBAI India's Essar Group on Monday announced closure of $12.9 billion (10 billion pounds) deal to sell its refining arm Essar Oil to a consortium led by Russian oil major Rosneft, boosting ties between the world's top oil producer and the fastest growing fuel consumer.

21 Aug 2017

India Essar closes sale of refining arm to Rosneft led consortium

MUMBAI, Aug 21 India's Essar Group on Monday announced closure of $12.9 billion deal to sell its refining arm Essar Oil to a consortium led by Russian oil major Rosneft , boosting ties between the world's top oil producer and the fastest growing fuel consumer.

20 Aug 2017

Rosneft, partners to announce acquisition of India's Essar Oil completed

NEW DELHI/MUMBAI A consortium led by Russian oil major Rosneft will announce on Monday completion of a $12.9 billion deal to acquire Indian private refiner Essar Oil, strengthening ties between the world's largest oil producer and the fastest growing fuel consumer.

11 Aug 2017

India's JSW Energy to invest up to $623 million in electric cars

MUMBAI JSW Energy will invest up to 40 billion rupees ($623 million) to build electric cars, batteries and charging infrastructure, part of the power company's diversification plans to drive future growth, its chief executive said.

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