The risk of attacks on vessels by Houthi militants in Yemen has prompted many shipping firms to divert south around Africa despite the Red Sea and Suez Canal being the shortest route between Asia and Europe.
"The crew have since confirmed that there has been no breach of the hull, including the cargo containment and bunker tanks, and no reports of injuries or any pollution," Hafnia spokesperson Sheena Williamson-Holt said in an email.
The tanker was carrying gasoline-blending fuel known as alkylate for Reliance Industries' U.S. unit from a refinery in Jamnagar in Gujarat state, according to the sources, who added the extent of damage was not yet known.
Alongside, operating over two dozen of the country's biggest charging hubs (with an average 150+ charge points), the company is building fast charging stations at EV user-friendly places such as malls, restaurants, hotels, workplaces, residential societies, and public parking amongst others.
This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation.
According to S&P Global Commodity Insights (GCI), entities including BPCL, ONGC, HPCL, Reliance Industries, and Nayara Energy have committed substantial investments in petrochemical ventures, signaling a conscious effort to diversify their portfolios beyond traditional refining activities.
Reliance Industries continues to retain the top slot for the third year in a row with a value of Rs 15.65 lakh crore and leads the No 2, which is TCS, by at least Rs 3 lakh crore, the report stated.
As part of plans to secure supplies of minerals such as lithium - a raw material used to make electric vehicle batteries - Prime Minister Narendra Modi's government late last year launched the first part of its critical minerals auctions.
With Russian oil supplies to India still largely unaffected by the Houthi attacks on cargo vessels in the Red Sea, Reliance, one of the biggest buyers of Russian crude, is gaining from the widening diesel margins.
Following the 7 per cent year-on-year decline observed in 2022, India's primary gas supply rose by 5 per cent in 2023, with growth primarily driven by the petrochemical, power generation, refinery and industrial sectors.
Yotta said last month that it would place an order for Nvidia chips but did not give a value for the deal or say which chips it would buy.
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