Minutes after tycoon Ratan Tata abandoned a two-year quest to build the world’s cheapest car in West Bengal over farmer protests, he got a text message from the frontrunner to be India’s next leader: “Welcome to Gujarat.”
Oil & Natural Gas Corp., India’s biggest energy explorer, plans to produce natural gas from discoveries off the country’s west coast in four years in a move that may boost its output of the fuel by 13 percent.
A tropical depression in the Arabian Sea may intensify into a cyclone and head toward India’s west coast, where the world’s largest oil refining complex owned by Reliance Industries Ltd. and ports are located.
Kirloskar Brothers Ltd., an Indian machine-tool maker, built a water-pumping system that uses 10.5 million liters (2.8 million gallons) of seawater every minute to cool Tata Power Co.’s coal-fired plant in Mundra.
The U.S. Navy said it rescued 13 Iranian fishermen held hostage by pirates in the Northern Arabian Sea days after an Iranian military leader warned against sending a U.S. aircraft carrier into the Persian Gulf.