RIL shuts off Russian oil at export-only refinery unit

NEW DELHI: Reliance Industries (RIL) has stopped accepting Russian crude for the export-oriented unit at its Jamnagar refining complex in Gujarat from Thursday, a day before the deadline for accepting pre-ordered shipments under the latest round of US sanctions and a month before EU curbs on products made from barrels from Kremlin-backed exporters.From Dec, all…

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Opens avenues to provide end-to-end solutions: CEO

BENAGALURU: As TCS begins executing its multi-billion-dollar AI data centre blueprint, the company is positioning HyperVault at the heart of its ambition to become the largest AI-led technology services provider. In an interview to TOI, TCS CEO K Krithivasan and its chief strategy officer Mangesh Sathe outline India’s rising digital footprint makes AI compute capacity…

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India, Israel set to launch talks for free trade pact

TEL AVIV/ NEW DELHI: India and Israel on Thursday inked terms of reference (ToR) to formally launch negotiations for a free trade agreement, commerce & industry minister Piyush Goyal said.The ToR, which will be the basis for talks, includes market access for goods by eliminating tariff and non-tariff barriers, investment facilitation, simplification of customs procedures,…

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‘Why was false coup narrative not countered?’

MUMBAI: Tata Trusts trustee Darius Khambata, in a letter to trustees including chairman Noel Tata, has expressed disappointment over the Trusts’ failure to correct what he described as a “doctored media narrative” suggesting a “coup or takeover” by some trustees.“What has been disappointing to me has been the failure of the Trusts to correct this…

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